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1. What are the benefits of variable costing for internal reporting purposes?
Identify the fixed and variable costs from the above and comment on the cost behaviour - estimate the cost of goods manufactured and sold and prepare a revised income statement for the month.
Determine the best sales mix. Rank the services offered in order of their profitability and what would be the total contribution margin generated by Ortiz, assuming the weight-loss support group has the maximum number of patient billings?
1.Katie Murphy is preparing for a meeting with her banker. Her business is finishing its fourth year of operations.
Notaro's Boot Company makes specialty boots for the rodeo circuit. On December 31, 2012, the company had
1. the variable cost of producting one cookie is 0.75. fixed costs per week are 1000.a. sketch a graph of costs in the
Mando Paints (MAPS)) manufactures a paint additive that has been very successful in the metallic paint line of automotive paints. The company prides itself in making the paints that car owners buy, better. MAPS is in the process of preparing its 2015..
What will be the new COGM, computation of Cost per unit: COGM/units produced and calculate the cost in ending finished goods inventory at the end of the year.
What is the denominator level of activity, what were the standard hours allowed for the output last year and what was the variable overhead spending variance?
Bell Company makes fax machines. Currently Bell makes all components of the fax machine in house. An outside company has offered to supply one component, part number B48 for $8 each. Bells uses 15,000 of these components per years. Costs of B48 are a..
Prepare a reconciliation of units and a computation of equivalent units for June for the Cleaning Department.
Jessep Corporation has a standard cost system in which manufacturing overhead is applied to units of product on the basis of direct labor hours. The company has provided the following data concerning its fixed manufacturing overhead costs in March..
choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed
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