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Question - Qty produced and sold for main product and By product are 1,000 units and 120 units, respectively. Sales price per unit are 100 and 20 for Main and By product , respectively. Further processing cost of main products is 10,000 while by product incurred 800. Joint cost is 80,000. Assuming the profit margin for by products 10%. Using reversal method to account for by product, what is the allocated JC to Main product?
Find the estimated direct labor-hours at the beginning of the year used in the predetermined overhead rate must have been ____________ direct labor hours
BT's absorption costing Income Statement for the month ended and reconcile and explain the difference between BT's Variable and Absorption Net Operating Income.
Prepare journal entries to record the transactions for April and post them to the ledger accounts in Part 6.2. The company records prepaid and unearned items in balance sheet accounts.
Mr. Wharton?, the owner of the? store, is unhappy with the operating results. Compute the contribution margin percentage
Decide whether the current safety stock level meets the management's requirements. Bunak Company would like to assess its safety stock level
What is the purpose of internal controls?
The normal selling price is $15.45 per unit. The company's capacity is 9,600 units per month. An order has been received from a potential customer overseas for 2,100 units at a price of $10.20 per unit. This order would not affect regular sales.
Find Kathy's correct filing status is Head of Household - what are the needs for Kathy to claim an educator expense adjustment?
Prepare the correcting entries - A collection on account from a customer for $850 was recorded as a debit to Cash of $850 and a credit to Service Revenue of $850.
Calculate the 'decision time bid ask mid-point' benchmark? Another trader's order for 3,000 shares is executed at 2:16 PM at a price of $36.15.
Do you agree with Smith's suggestion? Are there any reporting considerations which impact the preparation of a variable costing income statement?
What would be the sales of D.S Corporation when expected profit for the month of December and Fixed cost are Rs. 10,560 and Rs. 84,832 respectively
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