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Standard absorption cost per unit A cost analyst for Stamper Manufacturing Co. has assembled the following data about the Model 24 stamp pad: -The piece of sheet metal from which five pad cases can be made costs $.24. -This amount is based on the number of sheets in a 4,200-pound bundle of sheet metal, which is the usual purchase quantity. -The foam pad that is put in the case costs $.06, based on the number of pads that can be cut from a large roll of foam. -Production standards, based on engineering analysis recognizing attainable performance, provide for the manufacture of 1,000 pads by two workers in an eight-hour shift. The standard direct labor pay rate is $15 per hour. -Manufacturing overhead is applied to units produced using a predetermined overhead application rate of $16 per direct labor hour, of which $6 per hour is fixed manufacturing overhead. Required: a. Calculate the standard absorption cost of a package of 10 stamp pads. b. Stamper Manufacturing Co.'s management is considering a special promotion that would result in increased sales of 500 packages of 10 pads per package. Calculate the cost per package that is relevant for this analysis.
Sidney exchanged property with an adjusted basis of 25,000 and a fair market value of 33,000 for 330 shares of stock. Edgar performed services valued at 33,000 for 330 shares of stock. The fair market value of Parody Corp's stock is 100 per share...
Prepare an amortization schedule for the three-year period. Organize the information in accounts under an accounting equation. Prepare an income statement, balance sheet, and statement of cash flows for each of the three years.
rare earth clothing is a retail store specializing in womensclothing. the store has established a liberal return policy
NetCo, a US corporation, is planning to start operating in Argentina. NetCo has formed a 100% owned subsidiary in Argentina, ArgCo. NetCo contributes a number of assets to ArgCo in exchange for all of ArgCo's stock. ArgCo will use the asset..
as a condition of employment fashion industries applicants must pass a drug test. of the last 250 applicants 20 failed
The cost of the measure is to be paid by a special tax. Although most of the townspeople believe the sea aquarium is a good idea, there is disagreement about how the tax should be levied.
at may 31 2005 the accounts of yellow knife manufacturing company show the following. may 1 inventories-finished goods
the lester lester fredrick corporation has in recent years maintained the following relationship among the data on its
Can you describe a time when you set out to acheive a goal and you needed to work with a group of people to achieve that goal? What do you think makes a good team member?
ten years ago treece manufacturing bought equipment for their copperbronze division at their production facility. they
Journalize the bond issuance. Using the bond from the above journalize the first interest payment and the amortization of the related bond discount.
division p of turbo corporation has the capacity for making 75000 wheel sets per year and regularly sells 60000 each
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