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Mouret Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activity Cost Pools “Setting up batches”, Activity Rate “$92.68 per batch” Activity Cost Pools “Processing customer orders”, Activity Rate “$95.08 per customer order”, Activity Cost Pools “Assembling products”, Activity Rate “$3.41 per assembly hour”. Last year, Product N79A required 28 batches, 6 customer orders, and 712 assembly hours. How much total overhead cost would be assigned to Product N79A using the company's activity-based costing system?
A second hand bulldozer acquired at the beginning of the fiscal year at a cost of $68,000 has an estimated salvage value of $9,500 and an estimated useful life of 12 years. What is the amount of annual depreciation using straight line depreciation?
Work in Process Inventory 25,000 Cash 25,000(This is for materials put into process and manufacturing Overhead 12,000 Cash 12,000(This is for bonuses paid to salespeople.
Jones Company manufactures a single product and uses process costing (FIFO menthod). The company's product goes through two processing departments, etching and wiring. The following activity was recorded in the etching department during July: Compute..
The machine is being depreciated over 10 years using the double-declining method. For the year ending December 31, 2008, what amount should South Company report as its depreciation expense in its general ledger account?
question the lbj company has budgeted sales revenues as given.aprilnbspnbspnbspnbspnbspnbsp maynbspnbspnbspnbspnbsp
Finding the changes of annual profits be increased or decreased - If the order is accepted, by how much will annual profits be increased or decreased?
Brown Corporation produces bicycles. For each of the following, indicate whether the cost would typically be considered product or period cost for the cost object given
During 2010, Diaz Corporation had net income of $41,000. Included on its income statement were depreciation expense of $2,300 and amortization expense of $300. During the year, Accounts Receivable increased by $3,400, Inventories decreased by $1,900,..
the vice president of operations of the company has requested construction of a new plant to meet the increasing demand for the company's bikes
At the completion of the project, the machine will be sold. - Over how many years should the machine be depreciated?
you are believer that new employees should practice their accounting skills before throwing them into the fire.
question the subsequent information for drake company which adjusts and closes it accounts every december 31 is
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