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Question: One of the makeup kit models that Tiegs Corporation produces is targeted at professional women. The goal for Year 2 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of makeup kits that can be produced. The industry market size for makeup kits increased 5% from Year 1 to Year 2. The following additional data are available for Years 1 and 2. What is the Tiegs Corporation revenue effect of the price-recovery?
Why is it important to link executive bonuses to a range of entity performance measures rather than one as was previously the case with Hooper Berhad.
Lark Corp's direct materials budget shows total cost of direct materials purchases for January $250,000, February $300,000 and March $350,000.
What is the disadvantage in using ROI and /or RI as performance measures? a manager's bonus will decrease when RI or ROI decrease
Define Publicly Traded Index and Give example of Publicly traded index and discuss each
Compute the predetermined fixed overhead application rate that would be used in March. Compute the number of machine hours that would be allowed for actual March production. Compute the fixed overhead applied to work in process during March.
Determine the Budgeted amounts of allocation bases , rather than actual amounts, are preferable allocation bases because when actual amounts are used behaviour
A manufacturing company prepays its insurance coverage, What amounts should be considered product and period costs respectively for the first year of coverage?
Overhead is applied to production at the rate of 70 percent ($0.70/DL) of direct labour cost. Calculate and add applied overhead to each job
Create your own dream business or find from publicly available sources Manufacturing business and Explain why you chose particular assumption
Ivanhoe has no excess capacity to accept a special order ofr 35,900 units, at a discount of 25% from the regular price.
Chelsea Household Renovations (CHR) is a rapidly growing company that has not been profitable despite increases in sales.
Actual output: (in units) 4,000 Direct Materials (DM): DM pounds purchased. Calculate the direct materials price, efficiency and flexible budget variances
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