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Myles Company expects to produce 1,316,400 units of Product XX in 2012. Monthly production is expected to range from 86,860 to 122,460 units. Budgeted variable manufacturing costs per unit are: direct materials $6, direct labor $5, and overhead $8. Budgeted fixed manufacturing costs per unit for depreciation are $4 and for supervision are $3. In March 2012, the company incurs the following costs in producing 104,660 units: direct materials $651,800, direct labor $510,710, and variable overhead $841,190. Prepare a flexible budget report for March. (If answer is zero, please enter 0. Do not leave any fields blank. Enter all amounts as positive amounts.) MYLES COMPANY Manufacturing Budget Report For the Month Ended March 31, 2012 Budget Actual Difference Favorable F Units produced Unfavorable U Variable costs Direct materials $ $ $ Direct labor Overhead Total variable costs $ $ $ Fixed costs Depreciation Supervision Total fixed costs Total costs $ $ $ Were costs controlled?
a company uses fifo method in its process costing system. the beginning wip inventory in a particular department
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If Ebbe, Inc. had $20,000 in beginning inventory, and sold goods costing $300,000, what is the ending inventory balance?
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1. clear productprojects specifications define the problem can become a guide for future projectsproducts is a formal
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