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Question - The following information has been extracted from the Financial records of X Corp for its first year of operations:
Units Produced - 10,000
Units sold- 7,000
Variable cost per unit:
Direct material P8
Direct labor P9
Manufacturing overhead P3
Selling Expenses P4
Fixed Cost manufacturing Overhead- P70,000
Selling and General Expenses P30,000
Based in absorption costing, what amount of period costs will X Corp deduct?
Within the context of capital-budgeting decisions, what is meant by the term sensitivity analysis? What kinds of sensitivity analysis can be used to support the capital-budgeting process?
Paz Manufacturing Company makes three products: A and B were considered main products, What is the amount of joint cost allocated to Product B?
What methods separate mixed costs into their fixed and variable components to better understand cost behavior? Describe how the identification of variable, fixed, and mixed costs increases cost comparability.
The total cost of goods manufactured for the year ended December 31, 2018 is: The total cost of goods sold for the year ended December 31, 2018 is:
Favco Manufacturing Sdn. Bhd., managed to sell 5,000 units for RM150 each. Compute the Cost of Goods Sold for the year ended
Calculate the cost of each job completed. (Round overhead rate to 2 decimal places, e.g. 15.25 and final answers to 0 decimal places, e.g. 5,125.)
McGee Corporation offers Gruden $5 per disc for 5,000 discs. McGee would sell discs under its own brand name in foreign markets not yet served by Gruden.
The company expects fixed costs to be Rs.144,000 in 2012. Determine the break-even point in units for both Product A and Product B
If the company manufactures 2,400 units in the next year, What the cost per unit would be? Direct labour 90,000 Manufacturing ` 60,000 (25% fixed) overhead
What are the December 31, 2017 post-closing balances - You must SHOW and LABEL all your computations in order to receive full credit
Construct a schedule of cost of goods sold. Assume that the company's underapplied or overapplied overhead is closed to Cost of Goods Sold.
Explain and calculate FBT liability. What is the after - tax cost to the employer of providing the benefits and decide which amount of CGT Tax payable will be considered as a CGT tax liability for the tax payer.
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