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The Windshield division of Fast Car Co. makes windshields for use in Fast Car's Assembly division. The Windshield division incurs variable costs of $ 200 per windshield and has capacity to make 500,000 windshields per year. The market price is $ 450 per windshield. The Windshield division incurs total fixed costs of $ 3,000,000 per year. If the Windshield division is operating at full capacity, what transfer price should be used on transfers between the Windshield and Assembly divisions? Explain.
Post the transactions to T accounts and prepare a trial balance at August 31, 2012.
The Weighted Average method, calculate the equivalent units - Using the FIFO method,
Energy Inc. is working on its direct labor budget for next two months. Each unit of output needs 0.77 direct labor-hours.
Prepare general journal entries showing the transactions admitting Bridges and Terrell to the partnership and calculate the ending capital balances of all four partners after the transactions.
research topicthe topic is a broad subject. the topic is not the problem to be solved that comes later. example
Compute the cost of goods manufactured and cost of goods sold for Strike Marine Company for the most recent year using the amounts described below. Assume that raw materials inventory contains only direct materials.
For financial accounting purposes, what is the total amount of product costs incurred to make 10,000 units and what total incremental costs will Martinez incur if it increases production from 10,000 to 10,001 units?
Overhead is applied to contracts by using a predetermined overhead rate that is based on direct professional labor cost. Actual professional labor during the year was $655,000 and actual overhead was $793,000.
You're in the job interview and your possible employer asks you to explain the differences between the flexible and static budget and to explain which you would recommend for the small business and why. How would you respond to this potential empl..
What are the components of a budget? Are they same for every organization? Why or why not? Should every organization forecast its operating budget? Why or why not?
1. using the data from the koko company determine the divisional income from operations for the a and b regions.nbspa
Pettit Company reports net income of $90,000in 2014. However, ending inventory was understated $7,000. What is the correct net income for 2014?
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