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Question - Bonita Family Instruments makes cellos. During the past year, the company made 6,700 cellos even though the budget planned for only 5,720. The company paid its workers an average of $20 per hour, which was $0.50 higher than the standard labor rate. The production manager budgets 4 direct labor hours per cello. During the year, a total of 24,850 direct labor hours were worked. Calculate the direct labor rate and efficiency variances.
In comparison to the traditional manufacturing environment, overhead costs in a JIT environment all the following are true except?
Prepare summary journal entries for April (without disposing of under- or overallocated conversion costs). Assume no direct materials variances.
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Accumulated Depreciation-Building 750,000. Prepare a multiple-step income statement for the fiscal year ended March 31, 20Y9
Kayapa purchases merchandise for resale to meet the current month. How much is the budgeted cash disbursements on purchases of Kayapa for July?
Determine the total cost and the average cost per thousand square feet of each of the following jobs according to the activity-based costing system
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Administrative offices and her remaining 20% can't be specified. How much of these workers' salary expense will be charged to the administrative cost pool?
Determine the assignment of the cost of cakes transferred-out to Baking and ending inventory for the Mixing department for the month of July.
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