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Problem: Business
Answer the following 4 questions:
Question A. In job order cost accounting, the three elements of manufacturing cost are charged directly to job orders. Why is it not necessary to charge manufacturing costs in process cost accounting for job orders?
Question B. In a job order cost system, direct labor and factory overhead applied are debited to individual jobs. How are these items treated in a process cost system and why?
Question C. Why is the cost per equivalent unit often determined separately for direct materials and conversion costs?
Question D. What is the purpose for determining the cost per equivalent unit?
What is the sales quantity contribution margin variance for each product? What is the market size contribution margin variance?
Prepare an incremental analysis whether the company should make or buy the electrical cords. (b) Will your answer be different if the released productive capacity will generate additional income of $5,000?
Calculate the Internal Rate of return and explain the changes that possibly took place - Calculate the contribution margin ratio and thereafter use this ratio to determine the sales value required to achieve an annual operating profit of R1200 000.
Under the direct allocation method, what amount of janitorial costs would be allocated to Department B (round to the nearest dollar)?
Explain the following in relation to career management and give their relevance to employees
Variable overhead was applied at a rate of $2.00 per direct labor hour. What was Sampson's variable overhead efficiency variance
What is the maximum? one-time equipment cost that TechDesk would be willing to pay to replace rather than upgrade the old? equipment
Effect of exchange rate changes on cash and cash
Prepare journal entries to assign the preceding costs to jobs. Show the appropriate entries debiting Finished Goods Inventory and Cost of Goods Sold.
Determine the earnings per share of common stock, assuming income before bond interest and income tax is $1,000,000.
Calculate the ending balances of Work-in-Process Inventory. Incurred direct labor payroll for the month of $17,850, with an average wage of$8.50 per hour.
question we care is an outpatient surgical clinic that was profitable for many years but medicare has cut its
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