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Weisman, Inc. uses activity-based costing as the basis for information to set prices for its six lines of seasonal coats. Activity Cost Pools Estimated Overhead Expected Use of Cost Drivers per Activity Designing $450,000 10,000 designer hours Sizing and cutting 4,000,000 160,000 machine hours Stitching and trimming 1,440,000 80,000 labor hours Wrapping and packing 336,000 32,000 finished units. Compute the activity-based overhead rates using the following budgeted data for each of the activity cost pools. (Round answers to 2 decimal places, e.g. 12.25.) Activity-based overhead rates Designing $ per designer hour Sizing and cutting $ per machine hour Stitching and trimming $ per labor hour Wrapping and packing $ per finished unit.
offshore company makes 2 different types of boats sail and fishing boats. the company consists of two different
Employees are expected to earn $5.00 per hour and the company is planning on paying its employees $100,000 during the year. However, only 75% of the employees are classified as ""direct labor."" What was the estimated manufacturing overhead for 20..
Brandywine Homecare, a not-for-profit business, had revenues of $12 million in 2007. Expenses other than depreciation totaled 75 percent of revenues, and depreciation expense was $1.5 million.
The day the bonds hit the market, the bond price is quoted at 100. What is the bonds selling price and how does the company record this sale in its accounting information system?
real statistical research inc. rsri ended 2010 with retained earnings of 72000. during 2011 rsri earned net income of
Sam, a single individual with a salary of $40,000, paid the following expenses during the year: Analyze the above expenses and determine which ones are deductible for AGI. Please support your position
sandstrom corporation has an extraordinary loss of 150000 an unusual gain of 105000 and a tax rate of 40. at what
The Nichols Company uses the weighted-average method in its process costing system. The company recorded 29,500 equivalent units for conversion costs for November in a particular department.
a firm reported salary expense of 245000 for the current year. the beginning and ending balances in salaries payable
Transport reveal these transactions and events.
machinery is purchased on may 15 2009 for 50000 with a 5000 salvage value and a five year life. the half year
W Corporation was owned by shareholder C prior to a sale of all of his stock (basis at the beginning of the year, $5,000) to D in June for $10,000. During the year, W Corporation distributed $60,000 on May 1 and $40,000 on September 1. Indicat..
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