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Question - Jordan Pickford Ltd makes 20 000 units of a part. The cost to make the part is $15 in variable costs. If Jordan Pickford Ltd buys the part from an external supplier, the cost would be $18 per unit and the released capacity could be used differently to generate profits of $30 000. Determine the relevant costs to make the part, including any opportunity costs.
What is the total manufacturing cost for one hockey stick? ABC Inc. manufactures hockey sticks and wooden tops. ABC makes 5,000 hockey sticks each month.
Discuss the Comparability, Verifiability, Timeliness and Understandability are qualitative characteristics which enhance the usefulness
Which decision to produce additional units of product? A factory is operating at less than 100% capacity. Potential additional business
Discuss the uses of standard costing and provide example. Discuss the factors to consider in deciding whether or not to investigation a variance.
Calculate the balance in Work in Process at the end of the month. Calculate the balance in Finished Goods at the end of the month. Calculate Cost of Goods Sold for the month.
Based on the characteristics of the solicitors firm, discuss the application of budgetary control and management control for performance evaluation
Describe the data contained and maintained in customer profiles, which you can use to provide personalised, tailored products and services to repeat customers.
The following information was drawn from the year end balance sheets of Long's Wholesale, Inc.:
Grafton budgets production of 300 units in June and 310 units in July. Each unit requires 1.5 hours of direct. Compute the budgeted direct labor cost for July.
Which is necessary in order for accounting numbers to be effective in decision monitoring? The controller reports to the audit committee of the board
Billed charges Jan 1- Dec. 31, 2020 (assume 360 days) $12,000,000. What is days in accounts receivable, 12/31/20
Which is not considered to be a benefit of participative budgeting? The budget estimates are prepared by those in direct contact with various activities.
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