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1. Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are : Fixed manufacturing costs $12,000. Variable manufacturing costs $ 16 per square. Best produced 40,000 squares of shingles during March. How much are budgeted total manufacturing costs in March?
A. $ 640,000
B. $ 812,000
C. $800,000
D. $ 652,000
2. Share Industries prepared a fixed budget of 60,000 direct labor hours, with estimated overhead costs of $300,000 for variable overhead and $90,000 for fixed overhead. Shane then prepared a flexible budget at 57,000 labor hours. How much is total overhead costs at this level of activity?
Given the following balance sheet, complete a horizontal analysis. Compute the percentage to the nearest tenth of a percent.
kushman combines inc. has 40000 of ending finished goods inventory as of december 31 2012. if beginning finished goods
Don pays Cardinal Construction Corporation $2.8 million to do the work. Don also pays an architect $400,000 to draw up plans for the project. Because the rewiring requirements are so extensive, Cardinal pays Dove Electric Company $500,000 to handl..
In August, Gold Company sold 770 units of their only product. For the month, fixed costs were $10,400, variable costs were 57% of sales, and the average sales price was $62.
Summary balance sheet data for Greener Gardens Co. is shown below (in thousands of dollars). The company is in a highly seasonal business, and the data show its assets and liabilities at peak and off-peak seasons:
Pare Long-Haul, Inc. is considering the purchase of a tractor-trailer that would cost $104,520, would have a useful life of 6 years, and would have no salvage value.
Compute the depreciation cost per unit and prepare a depreciation schedule assuming actual mileage was: 2012, 40,000; 2013, 52,000; 2014, 41,000; and 2015, 27,000.
auditing standards prohibit the auditor from issuing a report if not independent. an interresting situation can arise
Pacifica estimates a 50 percent probibilty that seguros will be successful in meeting these goals and uses a 4 percent discount rate to represent the time value of money.
dataspan inc. automated its plant at the start of the current year and installed a flexible manufacturing system. the
cobe company has already manufactured 18000 units of product a at a cost of 15 per unit. the 18000 units can be sold at
Maggie Moo's Ice Cream Shop had a gross pay of $19,000 and a net pay of $13,200 for the latest payroll. The journal entry to pay the payroll would be:
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