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Question 1 - Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500 machine hours. The cost to make Job 416 is $95 in neon, 15 hours of labor at $13 per hour, and five machine hours. During the month, it incurs $95 in indirect material cost, $130 in administrative labor, $320 in utilities, and $350 in depreciation expense. What is the predetermined overhead rate if machine hours are considered the cost driver?
Question 2 - Rulers Company is a neon sign company that estimated overhead will be $60,000, consisting of 1,500 machine hours. The cost to make Job 416 is $95 in neon, 15 hours of labor at $13 per hour, and five machine hours. During the month, it incurs $95 in indirect material cost, $130 in administrative labor, $320 in utilities, and $350 in depreciation expense. What is the cost of Job 416?
Determine and Calculate the break-even point in units. What will the new break-even point be if fixed costs increase by 10 per cent?
Assuming all of the items produced can be sold each month, determine which item is favorable to the company based machine hours.
The records of Alaska Company provide the following information for the year ended December 31.
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HI5017 Managerial Accounting - explanation of how ABC model assist in achieving the company's strategies - recommendations about the implementation of ABC model
1.Gazelle Corporation, a merchandiser, recently completed its calendar- year 2013 operations. For the year,
Suppose that the managers of hospital are setting the price on new outpatient service. Here are relevant data estimates:
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