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Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Activity Rates Labor-related $ 7.00 per direct labor-hour Machine-related $ 3.00 per machine-hour Machine setups $ 40.00 per setup Production orders $ 160.00 per order Shipments $ 120.00 per shipment General factory $ 4.00 per direct labor-hour Cost and activity data have been supplied for the following products: J78 B52 Direct materials cost per unit $ 6.50 $ 31.00 Direct labor cost per unit $ 3.75 $ 6.00 Number of units produced per year 4,000 100 Total Expected Activity J78 B52 Direct labor-hours 1,000 40 Machine-hours 3,200 30 Machine setups 5 1 Production orders 5 1 Shipments 10 1 Required: Compute the unit product cost of each product listed above. (Round your answers to 2 decimal places.)
machinery purchased for 63440 by carver co. in 2008 was originally evaluated to have a life of 8 years with a salvage
Journalize the above transactions. Open the customer's and supplier's cards - Post to T accounts the accounts receivable and accounts payable entries.
On January 1, 2015 American Omni Company issues bonds dated January 1, 2015 with a par value of $300,000. The bonds mature in 5 years. The contract rate is 9% and the market rate is 8%, and interest is paid semiannually on June 30 and December 31. Pr..
In 2016, Dominique and Felix are married and file a joint tax return. Their AGI is $323,800, and they claim three exemptions. The personal exemption amount for 2016 is $4,050 and the phase out threshold for married filing a joint tax return is $311,3..
prepare a report on your company using the competitor for comparison and contrast.the focus of the report is to
The Post Division of the Chester Company produces basic posts which can be sold to outside customers or sold to the Lamp Division of the Chester Company . Last year the Lamp Division bought all of its 25,000 posts from Post Division. Suppose the tran..
What is the average annual pretax profit anticipated for this new venture? What is the average annual profit after tax, under the assumed 40 percent income tax?
A company issues a 10 year 7.5% $1 million dollar bond which pays interest semi-annually. The issue price is $966,024.18 Using the effective interest method, how much of the discount is amortized in the first year on the bonds term?
Prepare a cash budget for the Hale Company for the 2nd quarter of the year. Include April, May, June, and a quarter total in your budget.
The following is the unadjusted trial balance for James Trading Pty Ltd as at the close of the financial year ended 30 June 2011. In addition the following entries had not been applied to the general ledger.
Prepare a Contribution Margin Income statement to show that what would happen if Dalton does drop a product line. Does Dalton's operational performance increase if they drop a product line?
picasso industries is allowing for replacing an old piece of machinery which cost 150000 and has 70000 of accumulated
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