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Challenger Factory produces two similar products - regular widgets and deluxe widgets. The total plant overhead budget is $675,000 with 300,000 estimated direct labor hours. It is further estimated that deluxe widget production will need 3 direct labor hours for each unit and regular widget production will require 2 direct labor hours for each unit.
Using the single plantwide factory overhead rate with an allocation base of direct labor hours, how much factory overhead will be allocated to the regular widget production if budgeted production for the period is 75,000 units and actual production for the period is 72,000 units?
abc hardware store is open for business 350 days a year. annual demand for a power cutter at this store is 700 units.
Prepare a sales budget for the 1st qtr of 2009. Determine the amount of sales revenue Dorough will report on the first 2009 qtrly pro forma income statement. Prepare a cash receipts schedule or the 1st qtr of 2009.
katherine company sales budget has thefollowing unit sales projections for each quarter of calendar
Conny Duffy started working for Dexter Company on Thursday and 9 hours on Frida. Her annual salary is $80,000 and she is exempt white-collar employee.
lindex company uses a process costing system. the following data are available for one department for octoberpercent
write company has a maximum capacity of 200000 units per year. variable manufacturing costs are 12 per unit. fixed
Journalize the following transactions using the allowances method of accounting for uncollectible receivables.
precision manufacturing inc. pmi makes two types of industrial component parts-the ex300 and the tx500. an absorption
On April 15, Meier Company sold merchandise to Curran Company for $5,000 on terms of 2/10, n/30, Assume a return of merchandise on April 20 of $850 and collection in full on April 25. What is the amount collected by Meier on April 25?
on december 31 2014 pacific rail corporation leased a train car from southern transportation company for a ten year
When doing a horizontal analysis on a business income statement, you notice that sales have decreased by 9%, but the gross profit has increased by 13%. What are some factors that could cause this to happen?
This machinery is considered 7 year MACRS property and also qualifies as §179 property. What is the maximum tax deduction Geronimo Corp. can take for this asset in 2010?
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