Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Sweet Cocoa produces chocolate syrup used by candy companies. Recently, the company has had excess capacity due to a foreign supplier entering its market. Sweet Cocoa is currently bidding on a potential order from Kilwin's Candy for 5,000 cases of syrup. The estimated cost of each case is $27.50, as follows: direct material, $10; direct labor, $5; and manufacturing overhead, $12.50. The overhead rate of $2.50 per direct labor dollar is based on estimated annual overhead of $1,500,000 and estimated direct labor cost of $600,000, composed 40% of variable costs and 60% of fixed costs. The largest fixed cost relates to depreciation of plant and equipment. How much is the variable cost of producing a case of chocolate syrup?
alam company is a manufacturing firm that uses job-order costing. at the beginning of the year the companys inventory
Mclain corporation sold 6.000.000, 9%, 10years bonds on january 1, 2014. the bonds were dated january 1, 2014, and pay interest on july 1 and january 1. McLain corporation use the straight line method to amortize bond premium or discount. assume no i..
The inventory cost Yukon $260,000 and was sold to Ontario for $390,000. Ontario still had $60,000 of the goods in its inventory at the end of the year. The amount of unrealized intercompany profit which should be eliminated in the consolidation pr..
juneau company issued 5-year 340000 face value bonds at 95 on january 1 2014. the stated interest rate on these bonds
duggan company applies manufacturing overhead to jobs on the basis of machine hours used. overhead costs are expected
mackinzie consulting computes the cost of each consultingengagment by adding a portion of firmwide support costs to
Discuss the following concepts comparing the GAAP to the IFRS. How do they relate to the practice of accounting and its uses in business?
1. record the following journal entries.101 sold 5000 of tables on account the terms of payment are 115n30105 customer
you are an accountant in a medium-sized manufacturing company. you have been asked to mentor an accounting clerk who is
Prepare a T-account for each account on the company's balance sheet and enter the beginning balances.
Why do generally accepted accounting principles require the use of lower of cost or market in valuing inventory? What are the three different inventory cost flow assumptions commonly used in commerce today and allowed by generally accepted accoun..
How do investors react to these different audit opinions
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd