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Direct Materials, 3 yards at $6 per yard $18Direct labor 4 hrs at $15.50 per hr 62Variable overhead, 4 hrs at $1.50 per hr 6Fixed overhead, 4 hrs at $5 per hr 20Total standard cost per unit $106
Manufacturing overhead is applies to production on the basis of stand direct labor hrs. During the year, the company worked 37,000 hrs and manufactured 9500 units of product.
Actual fixed overhead $198,700, Volume variance, 10,000 U1. what were the standard hrs allowed for the years prodcution?2. what was the amount of fixed overhead cost contained in the flexible budget for the year?3.What was the fixed overhead budget variance for the year? 4. Whta denominator activity level did the company use in setting the predetermined overhead rate for the year?
Eve's Apples opened business on January 1, 2010, and paid for two insurance policies effective that date. The liability policy was $36,000 for eighteen-months, and the crop damage policy was $12,000 for a two-year term. What was the balance in Eve..
snider inc. which has excess capacity received a special order for 3000 units at a price of 12 per unit which it could
hans a citizen and resident of argentina is a retired bank executive. hans does not hold a green card. at the start of
what are some ways to separate mixed costs into their variable and fixed amounts? which method is the most accurate?
on january 2 2011 kinnard hospital purchased a 104150 special radiology scanner from faital inc. the scanner has a
toft corporation produces one product. its cost includes direct materials 10 per unit direct labor 12 per unit variable
at a sales level of 80000 blue companys contribution margin is 34000. if the degree of operating leverage is 5 at a
Dalton Construction Co. contracted to build a bridge for $5,000,000. Construction began in 2010 and was completed in 2011. Data relating to the construction are:
data from the income statement of dray company for the current fiscal year ended on december 31st and are presented
Inventory is the most important asset for many merchandising companies. How are merchandising inventories accounted for under U.S. GAAP?
the painting department of the garner manufacturing company has the following production and manufacturing cost data
1. in 2013 rocio invested 30000 in a cattle-feeding partnership that used nonrecourse notes to purchase 100000
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