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Question - Westbridge Trampolines Plus Corp. manufactures cheerleading supplies, including the Cosmic Trampoline. Cosmic Trampolines are manufactured in two production departments, Stitching and Framing. The firm allocates Personnel Department overhead to the two departments on the basis of number of employees. Total estimated Personnel Department overhead for the upcoming month is $900,000. The Stitching department expects to employ 400 workers in the upcoming month. The Framing department expects to use 100 workers. In each department, overhead is allocated to jobs on the basis of direct labor hours (DLH). Normal labor-hour volume for the upcoming month in Stitching is 10,000 hours. Normal labor-hour volume in Framing is 4,000 hours. Each Cosmic Trampoline receives 5 hours of direct labor time in Stitching and 9 hours in Framing. Compute total overhead (OH) to be applied to each Cosmic Trampoline.
Classify each of these transactions as an operating activity, an investing activity, or a financing activity and indicate whether the activity is source of cash
During the current year, Sokowski Manufacturing earned income of $350,000 from total sales of $5,500,000. What is the sales margin
Compute the following for Iguana, Inc., for the second quarter (April, May, and June). 1. Budgeted production in units 2. budgeted cost of raw materials posted 3. budgeted direct labor cost 4. budgeted manufacturing overhead 5. budgeted cost of goods..
The current and expected future rate of ordinary share dividend is 25%. Assume a tax rate of 30%. What is the company weighted average cost of capital
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The desired ending inventory of Product B is 3,000 units. Determine the total budgeted sales of both products for the year
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If the ending work in process inventory was $138,000, what was the beginning work in process inventory? Show your workings
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Crede Manufacturing Company uses a standard cost, Find what was the standard materials price per kilogram? (Round answer to 2 decimal places, e.g. 5.25.)
What Tina's direct labor spending variance is? Actual number of pans produced and sold 2,263. Standard hours required per pan 1.9
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