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Problem 1: Using EOQ Model, Ram Corporation determined the economic order quantity for a merchandise item to be 800 units. To avoid stock out costs, it maintains 200 units in safety stock. What is Ram Corporation's average inventory of such merchandise item?
For the transactions for the Sky Blue Corporation, give the accounting equation effects of the adjustments required at the end of the month on October 31.
Determine each of the Variable cost and variable manufacturing cost - Larcker Manufacturing's cost accountant has provided you with the following information for January operation
Provide the facts presented, show the various factors that affect reliability of (1) the comparable uncontrolled price method, (2) the resale price technique, (3) the cost plus technique.
Define marginal cost and marginal costing? How would you treat variable cost and fixed cost in marginal costing? Describe the characteristics and limitations of marginal costing?
Determine the fixed manufacturing cost per month. What is the variable manufacturing cost per? vehicle? What is the fixed manufacturing cost per? month?
Explain the opportunity cost approach to transfer pricing. What are margin and turnover? Explain how these concepts can improve the evaluation of an investment center.
Identify any tools such as regression analysis or CVP that will support the decision making process related to the question. If needed, use calculations or lists
What is the maximum cost (i.e., target cost) for warehousing if the firm desires to earn the same amount of profit next year?
Prepare cost reconciliation report for the month. Compute the equivalent units of production assuming weighted average method.
Grosbeak Company uses activity-based costing. The company has two products: A and B.- The activity-based costing cost per unit of Product B is.
Lai Lai Chinese Restaurant, What are the specific classification of the breakfast menu items based on their profitability and popularity in order?
The firm had two consultations with this client and required 130 administrative labor hours. What additional costs will be charged to this customer?
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