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Question - Supposed a company manufactures and sells a chemical product. The company processes the product in two departments. The march production data for department B is , Beginning WIP is 0 , Units started this period 11,000, units completed and transferred 9,000, Ending WIP units 2,000, Direct materials $1,100, Direct labor $7880, Applied Overhead $8880, the 2,000 units in Ending inventory are 40% completed. Calculate the equivalent units for materials, labor and overhead, show both materials and conversion?
Construct customer profitability reports for the three, using activity costs in (2). The reports should disclose the gross profit and income
Solve the expected cash collections from customers for May. Calculate the expected cash disbursements for merchandise purchases for May.
Manny Manufacturing Company has the following data at June 30, 2020: Raw materials inventory, June 1 P13,800. Prepare an income statement through gross profit
Prepare a retained earnings statement and prepare a report form of balance sheet, assuming that the current portion of the note payable is $7,000.
salaries of maintenance workerswhere one maintenance workers is needed for every 1200 machine hours or less that is 0
What the per unit overhead cost of Product Y if ABC costing were used is? Overhead costs include setups P450,000; shipping costs P700,000 and engineering costs
Which of the following will cause income determined with absorption costing to be higher than income determined with direct costing - An excess of cost of goods manufactured over cost of goods sold for the period represents
1. under which of the following conditions would it be appropriate to use a binomial random variable? in each case
What is the overhead rate used for the period? Cost of goods sold is 540,000; 30% of Manufacturing cost were distributed to Direct labor cost.
What is the average selling price for a ticket, What is the average variable cost per ticket
New stocks of the material can be readily purchased for P8.35 per liter. What is the relevant cost of the 780 liters of the raw material
Orange Orchards is a producer of premium juice. Which of the following would be classified as a facility-level cost? Insurance cost for the orchard
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