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1. Huxtable charges manufacturing overhead to products by using a predetermined application rate, computed on the basis of machine hours. The following data pertain to the current year:
Budgeted manufacturing overhead: $480,000Actual manufacturing overhead: $440,000Budgeted machine hours: 20,000Actual machine hours: 16,000
Overhead applied to production totaled:
A. $352,000.B. $384,000.C. $550,000.D. $600,000.E. some other amount.
On January 1, 2010, the Sanders Corporation purchased equipment having a fair value of $68,301.30 by issuing a non interest bearing, $100,000, four year note due December 31, 2013.
The ability to develop and use good management accounting is actually an important ability for many individuals, including finance professionals, operational and marketing managers, top-level executives, and information technologists.
How would you identify and characterize the roles of incentives, training, and education in promoting innovation in your organization? (250 words max.)
When the analysis is a based on an entire group or in other words all of the members of the group under study then the population is in place. A sample is taken when this population is too large to measure each one of the members.
nieto co. elects to use the percentage-of-sales basis in 2008 to record bad debts expense. it estimates that 3 of net
which of the transactions increases owners equity collection of an account receivable investment of cash by owner
Allowance for Uncollectible Accounts, USD 950 (credit balance); Sales, USD 920,000; and Sales Returns and Allowances, USD 12,000. Prepare journal entries to adjust for possible uncollectible accounts under each of the following assumptions:
The Spartan Manufacturing Company produces products A, B, and C. In what order should Spartan allocate manufacturing hours to each product? How many units of each product should be produced each week
which of the following accounts of a governmental unit is credited to close it at the end of the fiscal year?a. reserve
Bayani Company is planning to sell 100,000 units for $3 a unit and will just breakeven at this level of sales. The contribution margin ratio is 40%. How much are the company's fixed costs?
supreme sales company which sells only on account had a 100000 balance in its accounts receivable and a 4000 balance in
Pie Safe company's beginning work in process inventory included 10,000 units that are 20% complete with respect to direct labor costs. A total of 35,000 units are completed this month.
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