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A company's budgeted costs for 60,000 units are as follows:
Fixed manufacturing costs$30,000
Variable manufacturing costs$15.00 per unit
The company produced 50,000 units.
Problem 1: How much is the flexible budget total manufacturing cost?
If the external demand was 27,000 units and the internal division required 17,750 units, what would be the total transfer price?
Using the available data and information, prepare the balance sheet of Bird Corporation as of January 1, Year 1. T-accounts can be helpful in reconstructing the individual accounts.
What J.J. Company direct materials efficiency variance was? J.J. Company uses a standard costing system in the manufacture of its single product.
Based on the consultants work to date, calculate the ABC cost per unit of each product.
Yama Corporation recently purchased,The disposal value of the old machine at the time of replacement is zero. What is the internal rate of return?
Compute the book value of the investment that should be reported at year end by All Good Company. Round to nearest whole dollar.
The Dallas plant of Oscar Chemical processes talphazine into zetazine and gammazine. A batch comprises of 20,000 gallons of talphazine, costing $11,000.
How many units of each printer must be sold to break even? Total annual fixed costs are $5,000,000. Assume the sales mix remains the same at all levels of sales
What is meant by the term management by exception? Why are separate price and quantity variances computed? Who is generally responsible for the materials price variance? The materials quantity variance?
Calculate expected profit for each price. Which price maximizes company profit?
Explain, Miley, Inc. has excess capacity. Under what situations should the company accept a special order for less than the current selling price?
How do costs and volume affect profit? Use the Ace Green, Inc. summary income statement to inform your response with specific examples.
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