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The number of workdays varies from month to month due to the number of weekdays, holidays, days of vacation, and sick leave taken in the month. The number of units produced in a month varies depending on demand and the number of workdays in the month.There are two janitors who each work an eight-hour shift each workday. They each can take up to 10 days of paid sick leave each year. Their wages on days they call in sick and their wages during paid vacations are charged to miscellaneous overhead rather than to the janitorial labor cost account.Required:1. Plot the janitorial labor cost and units produced on a scattergraph. (Place cost on the vertical axis and units produced on the horizontal axis.)2. Plot the janitorial labor cost and number of workdays on a scattergraph. (Place cost on the vertical axis and the number of workdays on the horizontal axis.)3. Which measure of activity-number of units produced or janitorial workdays-should be used as the activity base for explaining janitorial labor cost?
A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: selling price $140 units in begining in
High Bhd acquired shares in two other companies as follows: Additional information: i) Goodwill on acquisition of Swift was impaired by RM80,000 as
If the net income under marginal costing is #100,000, calculate absorption costing, if opening and closing inventories are #20,000 and #15,000
1. Develop a list of tasks that a newly appointed CFO would be responsible for, including relevant reports they will access and review and the schedule for when this would occur.
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are eploration costs of a mining industry regarded as an asset or expense or both?
The following information relates to Araceli Manufacturing Company: total estimated manufacturing overhead cost at beginning of year $864,000 predetermined overhead rate (based
Amanda Deal, president of XYZ, had recently finished an arduous round of meetings with her financial staff". Those meetings dealt with the details necessary to produce an accurate
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