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Sprinkle Co. sells its product for $20 per unit. During 2013, it produced 60,000 units and sold 50,000 units (there was no beginning inventory). Costs per unit are: direct materials $5, direct labor $3, and variable overhead $1. Fixed costs are: $240,000 manufacturing overhead, and $30,000 selling and administrative expenses. The per unit manufacturing cost under absorption costing is a. $8. b. $9. c. $13. d. $14.
Calculate the expected total throughput margin for the restaurant per hour, day, and month. determine if there is a constraint for any of the four areas of capacity. What is the amount of needed capacity for each constraint?
Record the adjusting journal entry on December 31 to record the depreciation expense for the two fixed assets. Determine the book value of the two fixed assets on December 31.
Evaluate the income statement
The company's retained earnings are adequate to provide the common equity portion of its capital budget. Its expected dividend next year (D1) is $3 and the current stock price is $35. Determine the company's expected growth rate?
If an organization's non operating activities are profitable in a given year,
What are the steps to analyze financial statements strategically? How can you control for size when comparing the financials of the 2 firms from the same industry?
rohan company purchased equipment in january 2008 for 8000000 and had an estimated useful life of 6 years with a
Borck's entrerprises has the following production planned for the first quarter of next year: Each unit requires 3 hours of direct labor time at $12 per hour. Unit-related overhead is $10 per machine hour and each unit requires 1/2 machine hour. Batc..
James Company has a margin of safety percentage of 20%. The break-even point is $220,000 and the variable costs are 40% of sales. Given this information, the operating profit is:
Horizon Telecom sold $300,000 wor th of 120-day commercial paper for $298,000. What is dollar amount of interest paid on the commercial paper? What is the effective 120-day rate on the paper?
Journalize the transactions and post to the accounts Debt Investments and Stock Investments and prepare the adjusting entry at December 31, 2012, to report the investments at fair value
Construct an Excel or other spreadsheet to demonstrate how the solution to part 1 would change if the following information changes:the actual labour rates were $27.00, $22.90 and $17.00 for labour classes 3,2 and 1 respectively.
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