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Question - The following information will be used for the next two questions Exciting Parts Industries has the theoretical capability to produce 100,000 units per month but currently produces 80,000 units. The conversion cost for the month is P4,560,000. There are 6,000 production hours available per month. In addition to processing time, it takes 7 minutes of move time and 5 minutes of wait time to produce a unit. Listed below are the requirements for this data set.
Required -
1. Compute the Actual Velocity per hour.
2. Compute the Manufacturing Cycle Time.
Assume that Krautwwortz uses the indirect method when recording inventory at market. What entry should Krautwortz make on December 31, 2006
Question - CANADA PENSION PLAN CONTRIBUTIONS AND EMPLOYMENT INSURANCE PREMIUMS. Calculate the employee Canada Pension Plan contribution
The entity began the self construction of a building on january 1 2020 and the building was completed on december 31 2020. What is total cost of the building
during the first week in November, Erin Mills worked 451/2 hours and produced 1,275 units under a piece-rate system. The regular piece rate is $0.35 a unit.
A restaurant sells pizza for $14.60/slice. Expenses for the restaurant include raw material for pizza at $9.60 per slice, How many slices should restaurant sell
Xavier Construction negotiates a lump-sum purchase of several assets from a company that is going out of business. The purchase is completed on January 1, 2011.
tool time inc. operates 20 injection molding machines in the production of tool boxes of four different sizes named the
The selling price of the company's product is $18.00 per unit. Prepare the company's production budget for the upcoming fiscal year
A down payment of 24% is made. The bank charges $715 in fees plus 212 points. Find the total of the down payment and the closing costs
question a corporation had stockholders equity on january 1 as follows common stock 5 par value 1000000 shares
A restaurant has an average check of $48.71. If it forecasts 2,270 customers for next week, how much revenue should the manager expect
Sahali is incorporated under the CBCA and therefore retired these shares. Prepare the journal entry to record the repurchase of the shares
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