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Question - Marigold Ltd. uses 2,250 metres of fine gage brass each year. Brass wire costs $12 per metre, ordering costs are $55 per order, and carrying costs are $2.75 per metre. Currently, Marigold orders 500 metres in each order. Is this the most economical order size? If not, what is the economic order quantity? How much will Marigold save using the EOQ?
Beginning raw materials totaled $4,200 and beginning work in process totaled $6,700. How much is the amount of the current manufacturing costs
Compute the total budget variances for materials and labor assuming that actual number of electronic kits purchased and used were 7,300 at a price
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Where would a new auditor go to learn the names and numbers of the accounts being debited and credited in the transactions?
Suppose that the plastics factory is producing at capacity and can sell all that it produces to outside customers. How should Lorne respond to Rosario's request for a lower transfer price?
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