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Question 1: Alpha Co. Ltd has incurred total costs of $150,000 for producing 500 units of output in April 2019 and at 3,000 units of output be $400,000 in September 2019. Calculate variable and fixed costs, respectively by using high-low method.
If fixed costs are $48,000 and the contribution margin ratio is 40% for a product that sells for $20, what is the break-even point in units?
ADP Mining Company mines an iron ore called Alpha.
What are some of the objections to standard costs and variance analysis, especially overhead volume variances?
How would the information a management accountant would use to determine company costs change depending on type of production?
What was the companys cost per bale and what was its revenue per bale? Should the price per bale be increased?
Prepare summary journal entries to record the requisition slips, the time tickets, the assignment of manufacturing overhead to jobs
What is the activity rate for the Product Design activity cost pool? What is the activity rate for the General Factory activity cost pool?
Determine the per-unit factory overhead allocated to the gasoline and diesel engines under the single plantwide factory overhead rate method
Explain the difference between the income reported by variable costing and by absorption costing. Ziemble Company needs an income statement based on absorption costing for external reporting.
What potential shortcomings do you see in Jenny‘s estimates? How do you recommend she adjusts her analysis to address these shortcomings
Does variable costing profit present a more realistic view of firm performance in the two years?Explain.
Give journal entries to record the incurrence of production costs, completion of job number A26 and the shipment of 900 cuddly koalas
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