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Iwasaki Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 12,400 of the components each year. The unit product cost of the component according to the company's cost accounting system is given as follows:
Assume that direct labor is a variable cost. Of the fixed manufaanute on the machine that is the company's current constraint. If the component were bought, this machine time would be freed up for use on another product that requires 2 minutes on this machine and that has a contribution margin of $4.60 per unit. When deciding whether to make or buy the component, what cost of making the component should be compared to the price of buying the component? (Round your intermediate calculations and final answer to 2 decimal places.)
robin sold the following assets business equipment for a 6000 loss stock investment for a 15000 loss and her principal
during 2008 jill age 39 participated in a section. 401 k plan which provides for maximum employee contributions of 12
Use the direct method to allocate support costs to each of the two principal operating departments, Engineering and Computer Sciences. Prepare a schedule showing the support costs allocated to each department.
astro co. sold 20400 units of its only product and incurred a 53368 loss ignoring taxes for the current year as shown
variable costs................................180000fixed costs.......................................2400001.martin
Reisner Company assembled the following information in completing its March bank reconciliation: balance per bank $11,460; outstanding checks $2,325; deposits in transit $3,750; NSF check $240; bank service charge $75;
the following information was taken from the annual manufacturing overhead cost budget of center company. variable
wal-mart stores inc. is the worlds largest retailer. a large portion of the premises that the company occupies are
Using the FIFO assumption, calculate the amount charged to cost of goods sold for March. (Show computations), Using the LIFO assumption, calculate the value of ending inventory for March
why is net profit always greater in absorption costing than indirect costing? why cost accountants use two types of
Fairchild Garden Supply expects $600 million of sales this year, and it forecasts a 15% increase for next year. The CFO uses this equation to forecast inventory requirements at different levels of sales: Inventories = $30.2 0.25(Sales).
tools are us corporation produces toolboxes used by construction professionals and homeowners. the company is concerned
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