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The production department described in Exercise 20-8 had $ 850,000 of direct materials and $ 650,000 of direct labor cost charged to it during April. Also, its beginning inventory included $ 118,840 of direct materials cost and $ 47,890 of direct labor.
1. Compute the direct materials cost and the direct labor cost per equivalent unit for the department.
2. Using the weighted average method, assign April's costs to the department's output specifically, its units transferred to finished goods and it's ending goods in process inventory.
Journalizing closing entries-perpetual inventory Rockwell RV Center, Inc.'s accounting records include the following accounts at December 31, 2012- Journalize the required closing entries for Rockwell RV Center for December 31, 2012.
USA Airlines uses the following performance measures. Classify each of the performance measures below into the most likely balanced scorecard perspective it relates to.
Identify the business process that delivers value and organize work arrangements around the flow of the business process.
Gunnison Supply provides the following information about resources:
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Great Outdoze Company manufactures sleeping bags, which sell for $67.00 each. The variable costs of production are as follows: Calculate the product cost per sleeping bag under (a) absorption costing and (b) variable costing.
A graph of a flexible budget formula reflects fixed costs of $30,000 and total costs of $90,000 at a volume of 6,000 units. Assuming the relevant range is 1,000 to 12,000 units, the graph would reflect total costs at 10,000 units of what dollar am..
Describe how the following affect the break-even point: increase or reduce in unit sales price, increase or reduce in variable cost per unit, increase or reduce in fixed costs.
The following information provides the amount of cost incurred in May for the cost items indicated. During May 16,000 units of the firm's single product were manufactured.
through this assignment you will apply the concepts of direct and indirect costs demonstrating the importance of
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