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(Levels of costs) DaSilva Co. has a casting machine that is used for three of the company's products. Each setup of the machine costs was $18,760 and the casting machine was set up in June for six di?erent production runs. The following information shows the units of output from each of the setups.
If total machine setup cost is allocated to all units of product, what is the setup cost per unit and total setup cost for Products #453, 529, and 663 during June?
If machine setup cost is allocated to each type of product made, what is the setup cost per unit of Products #453, 529, and 663 and the total cost of those products during June? (Round to the nearest cent.)
If DaSilva Co. had manufactured all similar products in a single production run, how would unit and total costs have changed during June? (Round to the nearest cent.)
Perform a Horizontal and Vertical Analysis on the Income Statement of each company, for the years 2015 and 2014.(For example, to complete a Horizontal Analysis for 2014, 2013 data will be required).
The bond pays interest twice per year, on June 30 and December 31. Illustrate at what price was the bond issued?
In September 1996, Anne hired J.P. Suisse, a top tier investment bank, to take Scanlon Technologies public. On January 1, 1997, the company, which was authorized by the State of Delaware to sell 20 million common stock and 10 million preferred stock,..
Create summary entries on the books of the consignor for consignment sales transactions and create summary entries on the books of the dealer consignee; consider there is only one dealer involved.
Which of the following methods of setting sales prices will give you the best information about whether or not you should introduce a brand new product? That is, giving you the best information about what your customers are willing to pay and whether..
List the accounting standards issued by ICAI and prepare a Three-column Cash Book of M/s Thuglak & Co. from the particulars
What is the correct classification of the lease for the lessee and lessor? Explain whether the lease meets each of the required criteria. Assuming that the lease is signed on January 1, 2007, prepare all journal entries for 2007 for the lessor.
Prepare the journal entries to record the normal spoilage, assuming the following: The spoilage is related to a specific job, The spoilage is considered to be abnormal spoilage and The spoilage is common to all jobs.
Explain the difference between gross margin and a gain and what is the difference between a multistep income statement and a single-step income statement?
Herzogs vice president of sales has determined that due to market changes, the sales price of component XL-709 can be increased to $14.00 with no impact on sales volume. What will be Herzogs new breakeven point in units?
Cargo, Inc., has two products: Product D (unit sales price, $25; unit variable cost, $15) and Product J (unit sales price, $14; unit variable cost, $9). The company’s sales mix of Product D to Product J is 4:1 and fixed costs are $32,850. Determine t..
Explain why the income statement, statement of retained earnings, and statement of cash flows would be dated for the Year Ended December 31, 2015, whereas the balance sheet would be dated at December 31, 2015.
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