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Berlin Ltd. uses a combined overhead rate of $2.90 per machine hour to apply overhead to products. The rate was developed at an annual expected capacity of 211,200 machine hours; each unit of product requires two machine hours to produce. At 211,200 machine hours, expected fixed overhead for Munich Ltd. Is $200,640.
Problem 1: During November, the company produced 9,568 units and used 19,760 machine hours. Actual variable overhead for the month was $37,680 and fixed overhead was $16,000. Calculate the overhead spending, efficiency, and volume variances for November.
Raw materials purchases are 45,000. Factory overhead totaled 7,500 (this is 75% of total Direct labor cost). Compute the total Prime cost.
Compute the break-even point in unit sales AND dollar sales. At this volume they are currently making $600,000 in net operating income per year.
If the standard deviation in real estate values in Vail is 30% and the riskless rate is 5%, estimate the value of the abandonment option to Disney.
How much of the account inquiry cost will be assigned to Department A? Account verification accounts $75,000 40,000 accounts
Compute for equivalent units of production and prepare cost of production report under each of the Loss occurs at the start and Loss occurs at the end.
Explain the methods of separating mixed cost into fixed and variable costs. Show the statement of cost of goods manufactured for 31st December 2016
I don't understand the how to calculate the total annual cost of holding and ordering of inventory using EOQ.
Scott Winter asks your help in understanding the term "activity index." Explain the meaning and importance of this term for Scott. State the two ways that variable costs may be defined.
Overtime work was rendered on working days on Job 23, based on a rush order. Accordingly, overtime premium is 25%. How much must be the total payroll for week?
(1) Declaring a 5% stock dividend on the 81,400 $6 par value shares outstanding (2) Effecting a 2-for-1 stock split that will reduce par value to $3 per share. The current market price is $18 per share. Prepare a tabular summary of the effects of the..
How do calculate what the budgeted sales will be? Assume that COGS is a variable cost and that operating expenses fixed cost. What budgeted sales for 2012?
We are paying for excess capacity of other departments when other departments cut their usage levels.'' How might this manager's problem be solved?
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