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Candy's chocolate Shoppe had the following information available for the month of September:
Beginning. Ending
Raw materials $40000. $20000
Work in process. $25000. $15000
Finished-goods. $10000. $20000
Raw materials
Purchased. $75000
Direct labor
(3,000 hrs @ $10). $30000
Overhead. $50000
Calculate the cost of goods manufactured for the month.
Compute the throughput time and compute the manufacturing cycle efficiency (MCE) - what percentage of the production time is spent in non-value-added activities?
Solar Company sold merchandise on account to Kit Company for $9,000 on June 3, 2012, with terms 2/10, n/30. On June 7, 2012, Solar Company received $850 of returned merchandise from Kit Company and issued a credit memorandum for the appropriate am..
the market price of a share of common stock at time of issuance was 19.50 while market price of a preferred share of
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