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Suppose that a firm makes two products, A and B. The sales mix in units for the period is 70% for A and 30 % for B. If the unit contribution margin for A is $8.02 and the unit contribution margin for B is $5.37, then the weighted-average unit contribution margin is.
Compute the cost of civilian and military versions of Model KV10 using both direct labor dollars and machine hours as alternative allocation bases. Explain why Pelton Instruments may decide to use direct labor as an overhead allocation base.
Explain how many units of each product should Jeepster make in order to maximize profits?
Of those started, 80,000 were finished and the remaining 40,000 were left 20% complete. Calculate equivalent units of production for the year using the weighted average method.
xero companys standard factory overhead rate is 3.75 per direct labor hour dlh calculated at 90 capacity 900 standard
Apply GAAP for revenue recognition; account for accounts receivable, uncollectible accounts, and notes receivable; show how to speed up cash flow from receivables) Answer these questions about receivables and uncollectibles. For the true-false questi..
Which of the following controls is designed to meet the completeness assertion?
In November, one of the processing departments at Shelp Corporation had beginning work in process inventory of $52,200 and ending work in process inventory of $31,100. During the month, the cost of units transferred out from the department was $614,8..
Compute depreciation for 2011 and 2012 using each of the three methods listed. Quality calculates partial year depreciation based on the number of months the asset is in service.
Saylind Molding paid $280,000 in rent for the year. The company's three departments are Headrests, Armrests, and Floor Mats. The accountant has identified two possible cost drivers. The number of employees in each department and the square footage of..
A project has an annual rate of return of 15%. The project cost $120,000, has a 5 year useful life, and no salvage value. Straight-line depreciation is used.
An investor currently has all of his wealth in Treasury bills. He is considering investing 80% of his funds in General Electric, whose beta is 4.50, with the remainder left in Treasury bills. GE has an expected return of 25% and Treasury bills have a..
find the difference between positive and normative economics? which is more prevalent in todays economics? why?find
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