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The company plans on producing 40,000 units and actually did, Sales totaled 37,000 at $42 each. Costs:
Fixed manufacturing o/head $240,000Fixed selling and adm costs $140,000Variable manuf. cost per unit 19Variable selling and admin cost per unit 7
The companies variable-costing net income would be:
a. $155,000
b. $212,000
c. $240,500
d. $592,000
E. Other amount
If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during April or increase the selling or administrative expenses.
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Calculate the expected cash balance at the end of April and May, assuming that cash is received only from customers and that $16,000 is paid out during April and 14,000 is paid out during May.
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What term is commonly used to describe the concept whereby the cost of manufactured products is composed of direct materials cost, direct labor cost, and factory overhead cost?
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How much should she invest in the money market account each year for the next 8 years to achieve her objective? How much would she need as a lump sum payment to compound to $20,000 in 8 years at 6.35% annual rate?
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