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Question - In October you forecast sales to be 26,000 units and production to be 25,000 units. Each unit requires 5.5 hours of direct labor hours. Your company pays its employees $20/hour, you base overhead on machine hours and each unit requires 1.5 hours of machine time at a cost of $4/hour of which $0.25 is depreciation. What amount will you pay your employees for direct labor cost for the month of October?
Differential analysis involving opportunity costs - If the proposal is accepted, what is the total estimated operating income of the warehouse for the 14 years
A record company is planning to launch,Discuss giving specific examples, the key costs which are relevant in guiding the pricing decision in such a scenario
Find What is the firm margin of safety?Selling price per unit (package of 2 CDs),Forecasted annual sales volume (120,000 units)
Why would a company choose to use a job-order costing system instead of a process costing system? Can you give an example of a company
Using the ± 2σ rule, what variance investigation decisions would be made? Present SQC charts for round-trip fuel usage for each of the three 747s in October. What inferences can you draw from them?
Prepare new income statements in the format below assuming the elimination of the east store. Should Central eliminate the east store? Why or why not?
Find Cost of goods sold should be. The following data pertain to the Northwest Co Materials inventory, 1/1/19,Materials inventory, 12/31/19.
Company uses cost-plus pricing based on variable manufacturing costs, determine the mark-up percentage used by the company to obtain a price of $105.
Determine the unit product cost of each of the company's two products under the traditional costing system and activity-based costing system
$57 in variable production cost and $26 in variable selling and administrative cost. Compute the manufacturing margin for the company under variable costing.
Prepare a contribution margin income statement separating all variable and fixed costs into their own categories and determine the breakeven point in units and dollars. Also, determine the number of units and dollars that need to be sold to make a ..
A company produces and sells 7,680 stuffed dogs each year. What is the optimal number of production runs the company should make each year?
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