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The Ram Manufacturing Company produced P100, 000 units during the year ended December 31, 2009. It incurred the following costs for the year
Materials P75, 000 (10% is indirect materials)Labor P97, 000 (7% is indirect labor)Factory Overhead 125% of direct labor costWIP - January 1 P25, 500WIP - December 31 P27, 000 Question 1: How much is the Total manufacturing cost?
Question 2: How much is the total prime cost?
Clean Sweep Company produces all-vinyl mats. Each doormat calls for 0.5 meter of vinyl material. Prepare a performance report based on your variance analysis, and suggest possible causes for each variance.
What is the maximum amount Lathorp would be willing to pay for another 500 pounds of metal? How many extra units they will be able to manufacture?
Determine the unit cost of the two products using activity-based costing. Assume MADAS PLC plans to adopt activity-based costing.
The share was trading on a public exchange at P140. By what amount should the share premium account increase as a result of the transaction?
Castor, Inc. is preparing its master budget for the quarter ended June 30. Budgeted sales and cash payments for merchandise for the next three months follow:
Explain the procedures for graphically solving a linear programming problem. What solution method is used when the problem includes more than products
Automatic versus Manual Processing, Photo Station Company operates a printing service for customers with digital cameras
If the price of compound x is raised by 10% and 8000 kgs continue to be sold profits will be?Each month gamma limited sells 8000 kgs of compound x
Moya Co. establishes a petty cash fund for payments of small amounts. The following transactions involving the petty cash fund occurred in January (the last month of the company's fiscal year).
What is the adjusted cost of goods sold after closing the under/over application of factory overhead? LMS FOR THE WIN Inc. applies factory overhead
How to Prepare Performance Report for XYZ Manufacturing plc on the data. Purchase of materials budget br 5,000,and Actual br 4,000
Calculate the contribution margin for each pet house and calculate the monthly break-even units for each pet house. Ignore the sales commission for this computation.
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