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Question - Hardwood Inc. produces mostly wooden crates used for shipping products by ocean freighter. In 2020, Hardwood incurred the following costs:
Wood used $53,400
Nails (considered insignificant and a variable expense) 400
Direct labour 42,700
Utilities for the plant: $1,460 each month, plus $0.30 for each kilowatt hour used each month
Rent expense for plant for year 21,460
Assume Hardwood used an average of 480 kilowatt hours of utilities per month over the past year. Calculate Hardwood's total manufacturing cost if it uses a variable-costing approach.
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St. James, Inc., currently uses traditional costing procedures, What the overhead cost allocated to Beta by using Activity Based Costing procedures would be
The deluxe has a 23.5 percent contribution margin. If other factors are equal, which product should Marigold emphasize to its customers?
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