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Question 1: If there are 31 components to produce one product but each component costs differently (for example, component A costs $8, component B costs $14 and component C costs $28 x 2), can calculate the direct material per unit from those information only?
Would an unexpected increase in sales and production result in under applied or over applied overhead? Explain.
The president asks you to compare the alternatives on a total-annual-cost basis and on a per-unit basis for annual needs of 60,000 units. Which alternative seems more attractive?
On October 28, Fairview Construction Company asked Preston to deliver 6,000 cubic yards of concrete. The job will require driving 8,400 miles and 300 truck hours. What will the price be if Preston follows its normal pricing policy?
What are the nine steps involved in preparing a master budget? Explain each step with some simple examples. Detailed Answer Required
Find the indirect labor costs associated with 90 machine hours and the machine hours that Shs1,000 of indirect labor cost would produce.
Plot the relationship between customer service costs and number of service reports. Is the relationship economically plausible? Use the high-low method to calculate the cost function, relating customer service costs to the number of service reports
If accounts receivable increased $140,000 and accounts payable decreased $40,000, net cash provided by operating activities using the indirect method is
How do find the Net Income and Fixed Expenses with the given info of Sales Revenue ($210,000), Variable Expenses ($165,000), Total Contribution Margin
Demonstrate how costs allocated to different customer group. brief account of the major emphasis of the Activity Based Management
Actual labor costs were $110,700 for 8,200 hours. Compute the labor rate and labor efficiency variances for the month of June.
The Ohio unit is new, much like a start up company.
Solve the dividends, if any, declared during the year. Indicate the financial statement effect. (Enter decreases with a minus sign to indicate a negative)
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