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BSA Factory provides for an incentive scheme for its factory workers which features a combined minimum guaranteed wage and a piece rate. Each worker is paid P11.25 per piece with a minimum guaranteed wage of P875 per week. Production report for the week show:
Employee Units Produced
Krista 67
Jose 78
Sophiya 80
Crisia 82
Maye 72
Angelo 75
Question 1: Determine the amount of the following:
1. Direct labor
2. Factory overhead
Why does the four-step process of variance analysis enhance a cost center's ability to control costs? What should be included in a management report to further understandability and comparability when evaluating a cost center?
Calculate the overhead rate per unit of activity for each of the five cost pools.Calculate the total unit cost for The Ricoh Weekly.
brown manufacturing company bmc is presently using a building as a manufacturing facility. depreciation on the building
What entry is made to close the nominal accounts and enter the profit or loss for the year -
How credit terms affect financial statements - What amount of interest will Cordell pay in year 1
Compute the equivalent production units for material and conversion costs (labor and factory overheadj for the month, under (a) FIFO, and (b) weighted average cost.
Calculate the cost per unit of a production run of 1,800 neckties that required raw materials costing $6,620 and 200 direct labor hours at a total cost of $2,240.
Paul s Grocery received 1000 pounds of onions at $0.12 per pound. On the average, 3% of the onions will spoil before selling. Find the selling price per pound to obtain a markup rate of 180% based on cost. The selling price per pound is $____.
Compute for equivalent units of production and prepare cost of production report under each of the Loss occurs at the start and Loss occurs at the end.
Prepare new contribution format income statement under each of the Selling price decreases by $1.5 per unit, and sales volume increases by 25%
Refer to the information in Exercise 1 23. The dean of the Business School is considering expanding the BBA program by offering an evening program in a nearby city.
Translates an organisation's mission and strategy into a set of performance measures that provide the framework for implementing its strategy"
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