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Hydro Inc. manufactures water sensors used by scientists to measure water quality. For the most recent period ended Hydro manufactured and sold 53,250 sensors at a sales price of $290 per sensor.
The current period actual results also include the manufacturing process used 2.65 pounds of materials per sensor that cost $32.50 per pound. Hydro employs skilled laborers for the manufacture of the sensors and paid labor a rate of $45.00 per hour. Total labor hours worked were 186,375 for the period.
Variable manufacturing overhead costs equaled $14.00 per unit and variable selling costs were $11.00 per unit. Fixed costs equaled $1,100,000 for the period.
For the same period, Hydro's static budget amounts included sales of 56,000 sensors at $300 each for the period. Direct material budget cost standards are 2.50 pounds of materials per sensor at a cost of $35.00 per pound. Direct labor budget cost standards are 3.0 direct labors hours per sensor at a cost of $50 per hour. Variable cost budget standards are $15.00 per unit for manufacturing overhead and $10.00 per unit for variable selling expenses. Fixed costs were planned to be $1,000,000 for the period
Determine the net present value of the project
The book value of the company was $85,000,000. If 90% of this company’s total equity was acquired by another, what portion of value would be assigned to the noncontrolling interest?
During 2011, Washington paid salaries of $14,000, and on December 31, 2011, the company accrued salaries of $1,200. What would Washington report for service revenue for 2011?
Prepare an analysis to show which alternative makes the best use of Sharp Image's factory space - could be used to manufacture another product with a contribution margin of $75,000.
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Assume that Kelly County issues $3,000,000 in general obligation bonds to build a new fire station and $7,000,000 in revenue bonds to finance the upgrade of their water treatment facility. How will these transactions affect the funds of the county
require in journal/account/income statement? Will someone show me how to do it and the final answer should be what?
Installed an escalator at a cost of $ 17,500 in a three- story building that had been used for some years without elevators or escalators.
Purpose the journal entry to record Tanner-UNF's investment in the bonds on July 1, 2009. and Prepare the journal entry by Tanner-UNF to record interest on December 31, 2009, at the effective (market) rate.
Determine the average waiting time for cycles if they are the only item manufactured? and What are the average waiting times if both cycles and scooters are produced and the assembly line is not enlarged?
Selected financial statement information is reported below for Cameron Corporation for the year ended December 31, 2012 and determine the cash flow from operating activities for the year using the direct method.
The semiannual interest dates are May 31 and November 30. The bonds are issued on July 31, 2012, at par plus accrued interest.
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