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Manufacturing overhead = $80 per machinehouranticipated volume= 8,000 (type a) and 15,000 (type b)direct mat cost =$35 (type a) and $60 (type b)direct lab cost= 20 (type a) and 20 (type b)three cost drivers:setups......50 (type a) 30 (type b) total=80machine hours----16,000 (type a) 22,500 (type b) total=38,500outgoing shipments.... 100 (type a) 75 (type b) total=175overhead = 3,080,000 setups=672,000, machine processing=1,848,000,product shipping= 560,000
What is unit manufacturing cost of A &B by using the currentoverhead ? What is unit manufacturing cost of A&B using ABC? isthe cost of A overstated/understated? how? - mathematically explain
Funtime Inc. makes small toys in a one department production process. Plastic is added at the beginning of the process, all other materials are considered indirect. The following information is available relative to September 2010 production.
Christopher Nobes suggests that there are several reasons for the differences in accounting systems throughout the world. Read the article and write a two page report on the following: (1) Identify two reasons for differences in accounting systems ..
What gain or income do Sara and Jane recognize on the exchanges? What is Wren corporation's basis in the property transferred by Sara and Jane? How does wren treat the value of the services Jane renders?
The direct labor hours are 11,000 and the direct labor rate is $10.50. Budgeted direct-labor costs for June would be:
1.Determine the total compensation cost pertaining to the options. 2.Prepare the appropriate journal entry(if any)to record the award of options on January 1,2009.
Assume that a U. S. company makes a purchase from a British company and agrees to pay a price of 2 million pounds. How will the U.S. company determine the cost of this purchase for the purpose of recording it in its accounting records? Briefly exp..
Jacobs Company manufactures refrigerators. The company uses a budgeted indirect-cost rate for its manufacturing operations and during 2005 allocated $1,000,000 to work-in-process inventory. Actual overhead incurred was $1,100,000. Prepare a journa..
How many of the above items will appear as a cash inflow from investing activities on a statement of cash flows for the current year?
Discuss the effects that a drop in value of the U.S. dollar in relation to other currencies on the foreign exchange markets has on:
On April 30, 2010, B. Row, Inc. issued $50,000, 15-year, 7% bonds at 100. The bonds pay interest semiannually on April 30 and October 31. Cash paid for interest on the Statement of Cash Flows for the year ended December 31, 2010 equals:
Mary Houser has $1,200 overdue debt for medical books and supplies at Ken's Bookstore. She has only $400 in her checking account and doesn't want her parents to know about the debt. Ken's tells her that she may settle the account in one of two way..
Compute the quick and current liquidity ratios, the DuPont ratio, profit margin, asset utilization, and financial leverage for your chosen company.
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