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Daba Company manufactures two products, Product F and Product G. The company expects to produce and sell 1,420 units of Product F and 2,660 units of Product G during the current year. The company uses activity-based costing to compute unit product costs for external reports. Data relating to the company's three activity cost pools are given below for the current year: Total Activity Activity Cost Pool Total Cost Product F Product G Total Machine setups $ 34,500 85 setups 191 setups 276 setups Purchase orders $ 219,960 1,090 orders 1,730 orders 2,820 orders General factory $ 143,640 3,060 hours 4,500 hours 7,560 hours Required: Using the activity-based costing approach, determine the overhead cost for each product line.
1.why are top management support and cross-functional involvement crucial when attempting to implement an activity-based costing system? 2. why is the activity-based costing unacceptable for external financial reports?
Louie Company has a defined benefit pension plan. On December 31 (the end of the fiscal year), the company received the PBO report from the actuary.
Determine Hassell's and Lawson's participation in the year's net income of $342,000 under each of the independent assumptions above.
The managers will e-mail their weekly reports to you on Monday of the following week. You will then produce the summary report. Explain the process for doing this. Give a sample formula to total the number of mini-gizmos produced by the entire..
Nicole, an accountant, agrees to contribute her services (worth $25,000) in organizing Indigo. The corporation's stock is distributed equally to Kevin and Nicole. As a result of these transfers:
Is it possible that a company receives a unqualified opinion from the auditors on the financial report but a qualified one on internal control?
1. describe what is meant by transaction analysis. 2. reply to this response in format of conversation. this is a class
a company sells leaf blowers for 170 each. each unit has a 3 year warranty that covers replacement of defective parts.
most of the companys sales are from has been a standard in the industry for several years the market for this product
Aedion Company owns control over Breedlove, Inc. Aedion reports sales of $300,000 during 2004 while Breedlove reports $200,000. Inventory costing $20,000 was transferred from Breedlove to Aedion (upstream) during the year for $40,000.
On consolidation working papers, a subsidiary's income has
If Fama Company, with a break-even point at $360,000 of sales, has actual sales of $480,000, what is the margin of safety expressed (1) in dollars and (2) as a percentage of sales? Round the percentage to the nearest whole number.
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