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Power Serve Company expects to operate at 85% of productive capacity during May. The total manufacturing costs for May for the production of 33,150 batteries are budgeted as follows: Direct materials $491,400 Direct labor 180,700 Variable factory overhead 50,570 Fixed factory overhead 101,000 Total manufacturing costs $823,670 The company has an opportunity to submit a bid for 2,000 batteries to be delivered by May 31 to a government agency. If the contract is obtained, it is anticipated that the additional activity will not interfere with normal production during May or increase the selling or administrative expenses. What is the unit cost below which Power Serve Company should not go in bidding on the government contract? Round your answer to two decimal places. $ per unit
How do you think we can improve the process by which a computer randomly generates numbers and letters? Explain. Why is random seeding so important, and provide an example of how this is used every day?
On February 28, 2009, Dow sold 60,000 common shares. In keeping with its long-term share repurchase plan, 2,000 shares were retired on July 1. Dow's net income for the year ended December 31, 2009, was $2,100,000. The income tax rate is 40%.
directions sources must be cited in apa format. your response should be a minimum of 1 single-spaced page to a
small motors inc which is currently operating at full capacity has sales of 29000 current assets of 1600 current
Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000 shares of $5 par common stock. During 2011, Poodle had the following transactions relating to shareholders' equity:
AVPR Company sets up a qualifying SPE to sell their accounts receivable (A/R) to the SPE. The SPE meets the unconsolidated requirement under GAAP. The most likely outcome of using the SPE by AVPR will be to:
Moston enterprises sells three chemicals petrol, septine and tridol. Petrols units contribution margin higher than the septine which is higer than tridons which one of the following events is most likely to decrease the company's overall break eve..
Use of auditor judgment or of a risk matrix is necessary in revising planned detection risk whenever
Gore Inc. has outstanding 10,000 shares of $10 par value common stock. On July 1, 2008, Gore reacquired 100 shares at $85 per share. On September 1, Gore reissued 60 shares at $90 per share.
Which one of the following costs should NOT be considered an indirect cost of serving a particular customer at a Dairy Queen fast food outlet?
in light of the full disclosure principle investors and creditors need to know the balance for assets liabilities and
The percent a company adds to its cost of sales to determine selling price is called a markup. What is Tootsie Roll'smarkup percent? Round to one decimal place.
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