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Chittagong Sisters manufactures sweaters. A label is attached with each sweater with printed information about the product. The costs to produce each label (based on a production volume of 400,000 units of sweaters per year) are:
Direct Material Tk 1.0
Direct Labor Tk 0.5
Variable MOH Tk 0.3
Fixed MOH Tk 1.5
Total Tk 3.3
Problem 1: Suggest if Chittagong Sisters should continue making the labels or buy from Rangpur Corporation.
The variable expense per unit is $175 and fixed expenses are $100,000. If the company reduces variable expenses by $20 per unit and increases the fixed expenses by $10,000, the break-even point will DECREASE.
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Raw materials were issued for use in production. Completed units were sold on account for $1,400,000. The cost of goods sold was $890,000.
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The balances for equipment and accumulated depreciation, respectively, on the December 31, 2018 budgeted balance sheet are
How would your answer in requirement 2 change if the percentage of completion in ending inventory were as follows: direct materials 30%, conversion 40%?
What will be the company's profits or losses? How can you tell at a glance whether the company is making or losing money at this price just by looking at average cost?
this individual assignment is based on the terracycle inc.the case includes financial and managerial accounting topics
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