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Problem - Blake's Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made through a joint production process that ultimately produces 30 12-gauge shotguns and 20 20-gauge shotguns and costs a total of $4,000 per batch. After the split-off point, each type of shotgun goes through an additional crafting process before it is sold. The additional production process of the 12-gauge shotgun costs $30 per gun, after which it is sold for $180 per gun. The additional production process of the 20-gauge shotgun costs $25 per gun, after which it is sold for $150 per gun. Determine the amount of joint production costs allocated to each type of shotgun using the physical units method.
Select a for profit service company and describe the process it would use to make a master budget. How would the budget process for the service company
What costs allocated to the wholesale operation should amount to? During a recent period, the department initiated 10,300 calls and incurred costs of $278,100.
What amount should be credited to the allocated manufacturing overhead control account for the month of December? The variable overhead spending variance
Excess capacity and can sell everything produced externally. What is the maximum amount Perfume Division would be willing to pay for the bottles?
Prepare schedules of cost of goods manufactured and cost of goods sold and an income statement.
Computer number of meals in an hour of sales revenue that will be required to earn an income of $75,000 how many meals must the Soon's serve to earn
Make a schedule that shows the computation of cash collections of its credit sales (accounts receivable) in each of the months of June and July
What is the highest direct labor rate per hour that Walton Toy Company would be willing to pay for additional capacity (that is, for added direct labor time)?
Find what is the direct material price variance? During the month, 5,000 pounds of raw materials were purchased. Actual cost per unit 2.5 pounds at $3 per unit
A copier company has been using same Copier A for 5 years. This copier can copy approximately 50 sheets a minute. The company has opportunity to purchase the new Copier B which can process approximately 60 sheets a minute.
Kitchen Tile Company relates to the production of 18 000 tiles, How many actual labour hours were worked to produce the 18 000 tiles?
What will the new break-even point be if fixed costs increase by 10 per cent? What was the company's net profit for the previous year?
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