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the following activities relating to indirect production costs:Activity Activity Costs Cost DriversMachine Setup $180,000 1,500 setup hoursMaterials Handling $50,000 12,500 pounds of materialsElectric Power $20,000 20,000 kilowatt hoursCompany has obtained the following data concerning two products:
ProductsSpeedy1 Speedy2Number of units produced 4,000 20,000Direct materials cost $20,000 $25,000Direct labor cost $12,000 $20,000Number of setup hours 100 120Pounds of materials used 500 1,500Kilowatt-hours 1,000 2,000Required:Using the activity-based costing approach, calculate the manufacturing cost per unit for Speedy1 and Speedy2.
Discuss how SD can use standard costing and variance analysis to prepare meaningful reports when using Kaizen Costing. By the use of standard costing and variance analysis, fr
ABC bond is a 20-year bond with face value $1000. The coupon payment is $25 per 6 months. The semi-annual yield is 4%. Use the PV function in Excel (or equivalent) to Önd the price
Zero Based Budgeting It is referred to also like priority based budgeting. It is a cost advantage approach budgeting where it is assumed that the cost allowance is Zero for a
advantage of marginal costing
In a given period production and cost data were as follows: Total Costs Materials Rs. 5,115 Labour 3,952 Overheads
Constant Gross Margin Rate This method assumes that every product contributes an equal percentage of gross profit for every shilling of sales. It works back from gross margin
For your assignment, discuss when the government and nonprofit organizations would use each of the following funds: Capital projects fund Debt service fund Special r
A corporation acquired a truck on July 1, 2012, at a cost of $162,000. The truck has a six-year useful life and an estimated salvage value of $18,000. The straight-line method of d
advanced sums
Why are the main contribution teams can make to an organisation? What are the conditions necessary in organisations if people are to work effectively in teams? * Describe what tea
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