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Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its unit costs are as follows: Amount Per Unit Direct materials $ 6.00 Direct labor $ 3.50 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.00 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Required: 14-a. If 11,000 units are produced, what are the total amounts of direct manufacturing costs incurred to support this level of production? 14-b. If 11,000 units are produced, what are the total amounts of indirect manufacturing costs incurred to support this level of production?
Prepare the 2009 journal entries for all of the following transactions and adjustments. Show full computations. You can ignore dates if not given. Round all amounts to nearest dollar.
John Smith started a consulting business and completed the following transactions during January 2011. Journalize the transactions. Explanations are not required.
Determine the variable cost per haircut and the total monthly fixed costs. Compute the break-even point in units and dollars. Determine net income, assuming 1,900 haircuts are given in a month.
The second was furniture with an original basis of $24,000 placed in service during the first quarter, currently in the fourth year of depreciation, and under the mid-quarter convention. What is Bonnie Jo's depreciation expense for the current yea..
What is the journal entry for a endowment that was invested in $95,000 of par value City of Jackson 6 percent bonds at 103 plus accrued interest of $823.
Which is the correct order of steps in the accounting cycle?
Brannon company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan consists of 20 separate parts totaling $95 in direct materials, and requires 2.5 hours of machine time produce. What is the cost of machining per..
Assume that this proposal is adopted, and that as a result sales in Store Q increase by $40,000. The new segment margin for Store Q should be:
examine your companys cost classification for pricing of the navigation system. defend your cost classification to u.s.
Harna, Inc. uses a job order cost system. During the year the company decreased Manufacturing Overhead by $400,000. Which of the following most likely should be recorded at the same time?
on july 1 2011 apache company sold a parcel of undeveloped land to a construction company for 3000000. the book value
audio master inc manufacturers audio speakers. each speaker requires 125 per unit direct materials. the speaker
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