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One kickboard requires 2 litre of resin oil and 3 litre of hardener, whereas one Pool Buoy requires 5 litre of resin and 2 litre of hardener. The price per litre for resin oil is $0.45 and $0.70 for price per litre of hardener. assuming:
For July, required units production of Kickboard and Pool buoy are 2000 and 1400 respectively. Aug: 2200 and 1500 respectively. Sep: 2540 and 1700 respectively.
Also given the ending inventory of 30 June is, 4000L resin, 6000L hardener, 600 units of kickboars and 500 units of pool buoys.
Problem 1: To be more specific is, do we calculate each raw material seperately or sum them "all in one" in the DIRECT MATERIAL BUDGET ?
Sunland made an additional investment of $9600 and withdrew cash of $15000 during the year. The net income reported by Sunland Consulting for the year was
The budget for the month was to sell 27 cars at an average price of $16,700. Compute the dealership's sales price variance for the month.
It will cost us $5 per share to use the stockholders' money this year, so the cost of equity is equal to 10 percent ($5/50). What's wrong with this conclusion?
Create a business plan for a hypothetical start-up company using the scenarios provided below. In the business plan, you will need to demonstrate
Calculate the flexed budget and the key variances between budgeted and actual results and reconcile the original budget and present the relationship between the budgeted and the actual profit for the month November
What are the benefits of involving internal stakeholders in the budgeting process? Creating a budget, would you include those stakeholders?
Calculate the rate of return on total assets for 2015.
The margin of safety in the S.S Company is $ 48,000.Calculate the fixed Costs. If the company sells 10,500 units, What its net operating income.
How does the cash from operating activities differ from the income from operations on the income statement? What are the major sources for this difference?
Calculate the company's break-even point in dollar sales. (Do not round intermediate calculations.) what would become the new break-even point in unit sales?
Assign the cost of labor to each of the three activities in the accounts payable department. Round your answers to the nearest dollar.
Describe a limitation of the absorption costing approach to costing.Determine the unit product cost if company uses an absorption costing
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