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Processors Ltd. uses three different products - X, Y and Z to produce its major product line. Each kg of the raw material costs $2.00 for X, $3.75 for Y and $5.20 for Z. Each final product is budgeted to use 50 kg of X, 20 kg of Y and 30 kg Z. During the last period 150 units of the final product were produced. Actual inputs used were 7,850 kg of X, 4,000 kg of Y and 3,750 of Z. The actual raw materials costs were $2.05 for X, $3.65 for Y and $4.90 for Z.
What is the total materials mix variance for the year? Use four decimal places for all mix percentages.a. $1,380 Ub. $1,436 Uc. $1,380 Fd. $1,436 Fe. $1,986 F
During May, the number of equivalent full units of materials applied to units produced by Department Q totaled 50,000, computed as follows: beginning inventory, 7,000 equivalent full units; units started and completed in May, 35,000 equivalent ful..
Cash and investments of a bond sinking fund established to service general government long-term debt.
Compute the number of units of product to be produced during October. Compute the number of pounds of raw materials to be purchased during October.
Estilo Company has 3 operating segments with following information: What is the minimum amount of revenue that each of these segments must generate to be considered separately reportable?
Hull Motors, Inc. (HMI), produces small gasoline-powered motors for use in lawn mowers. The company has been growing steadily over the past five years and is operating at full capacity.
Evaluate net purchases at retail and net sales for the month of September
My company plans to build a new manufacturing facility in 14 years. If my company estimates that today's cost is 543,219,876 and the annual inflation is 5%, how much will be the manufacturing plant cost in 14 years?
Research the history of procedure costing in the United States. When did it begin to be employed in manufacturing companies? What sort of company would employ a process costing system?
Give the following cost data Costs /per unit labor . $ 4 Materials .5 Fixed cost . $ 12000 Determine the break even point in units if the selling price is $ 19.00 Determine the break-even point in sales at a selling price of $ 19.00 What would profit..
Ace Manufacturing earns revenues of $2,100,000 annually on 150,000 unit sales of industrial part. The part is priced at $14 each. A potential customer, in industry that the company has not previously served
Your CFO, in her initial work, needs to decide whether to set up a job order costing system or a process type costing system. She has asked you to make a recommendation based on the following information.
Recognize which costing system? Job order or processcost? The following companies would primarily employ: (a) Quaker Oats, (b) Ford Motor Company, (c) Kinko's Print Shop, and (d) Warner Bros. Motion Pictures
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