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The follow data relates to year 20XX for Plano Manufacturing Company:Units produced - 2,000Units sold - 1,800Selling price - $200 / per unitDirect material costs - $80,000Direct labor costs - $26,000Variable overhead - $18,000Variable selling costs - $6,000Fixed overhead - $40,000Fixed selling costs - $60,000Required:a) Calculate cost of goods sold under throughput costing, variable costing, and absorption costing.b) Calculate ending inventory under throughput costing, variable costing, and absorption costing.c) Calculate operating income under throughput costing, variable costing, and absorption costing.
Use a selected company or your current work environment to identify at least one cost or expense that would fit under each of the following categories: • Variable • Fixed • Mixed •
A college currently measures its performance by comparing the actual costs against its budgeted costs for the year.Now that the college is facing increased competition from Various
Managerial ACCT 2 Ulrich Framing is well known for the quality of its picture framing. Lucinda Ulrich, CEO, believes that the number of linear feet or framing used is the best is t
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behavioral aspect of standard costing
a company has the budget for manufacturing overhead based on direct labor hours. budgeting at 10,000 direct labor hours are as follows. Variable costs= 160000 Fixed Costs
The basic principles of standard costing and variance analysis may be adapted to the needs of relatively new methods of accounting such as activity-based cost
You are the manager of a firm that sells output at a price of $40 per unit. You are interested in hiring a new worker who will increase your firm's output by 2,000 units per year.
what are the material management questions
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