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Problem 1: In manufacturing the Job 250914 for the month of March, A Co. incurred abnormal production shrinkage of $ 500 and spoilage due to internal failure of $10,000. The number of units affected and undeliverable is 100 units. If job order 250914 originally consist of 900 units with cost per unit of : Direct materials is 30 per unit; Direct labor of 50 per unit and overhead of 50% of DL per unit. How much spoilage/shrinkage cost should A Corp charge to Factory Overhead Control for the month of March?
HomeStyle Soup Co. uses a process cost system to record the costs of processing soup, which requires the cooking and filling processes. Materials are entered from the cooking process at the beginning of the filling process.
an Marginal Product be Zero or negative?. What would be Marginal Cost if cost of producing 4 units is '50 and that of 5 units is '68?. Explain the relationship between Average Product and Marginal Product using diagram.
grate care company specializes in producing products for individual grooming. the company operates six divisions adding
Explain two fundamental differences in management accounting and financial accounting using examples to show why both disciplines provide
Which an enterprise's ability to pay its debts and related interest is called? the amount of time expected to pass until an asset is realized
1.which of the subsequent items is not included in the recipients gross income?a. alimonyb. gain on sale of an antique
Calculate Marston's 2008 contribution margin percentage, breakeven revenues, and degree of operating leverage under the two scenarios.
what is the net income tax effect if she incorporates her business and takes the $30,000 as salary
The Prepaid Insurance account had a $4,000 balance on 31 st December, 2012. An analysis of insurance policies shows that $1,200 of unexpired insurance benefits remain at 31 st December, 2013.
Does the company appear solvent and Why or why not? Can Boeing pay off its current liabilities with liquid assets? Would it be more or less solvent if the dollar amounts in accounts receivable and inventory were reversed?
Danielle Company is working on two job orders. The job cost sheets show the following.
Prepare the manufacturing for the year ended 31 December 2016. Prepare the income statement for the year ended 31 December 2016.
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