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Problem - A customer brings a rush order of 6,000 units of Product Q. Marlene Company agrees to produce these units for the customer on Saturday, for shipment on Monday. Sixty-five (65) of the direct laborers who earn P80 per hour worked eight hours on Saturday to complete the order. Marlene Company's regular working days are Monday to Friday. The company's policy on overtime is time and a half. Materials costing P8 per unit was used on the order. The factory overhead application rate is P30 per direct labor hour. How much is the OT premium charged to direct labor?
What steps to take to determine the operating income using absorption costing and variable costing? How to determine units in ending inventory?
What decision he should take with regards to the supplier and raw material. Support your answer with any cases or guidelines you consider relevant.
Does government report "Supplies" or "Prepaids" in the asset section of the Balance Sheet? If so, is there a corresponding Nonspendable fund balance
Prepare the income statement and the statement of owner's equity for the month of April and the balance sheet at April 30, 2008.
Determine the amount of joint costs to be allocated between the two joint products, Alpha and Gamma
Fixed costs total $400,000 and the weighted-average contribution margin is $100. How many units of product A must be sold to break-even?
Identify the key steps in the closing process that provide the most opportunity to make mistakes in processing account transactions. Make at least two (2) recommendations for improving the accuracy and reliability of the information in the gaps
Compute the manufacturing margin for the company under variable costing - Romtech Company
Evaluate the benefits and challenges of using historical cost and fair value accounting for PPE and intangibles, by reviewing accounting literature.
part a you have been asked to check grand plomp ltd a maker of rocket widgets employed by nasa. the owners are
In the nexus-of-contracts model, decision making is normally separated from monitoring for which of the following reasons?It makes sense to have agents monitor
Production amounted to 10000 units variable costs incurred was R80. For each scenario determine the Absorption costing profit as well as variable costing profit
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