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Problem 1: Eastern Co. has total budgeted fixed costs of $150,000. Actual production of 39,000 units resulted in a $6,000 favorable volume variance. What normal capacity was used to determine the fixed overhead rate?
a. 33,000
b. 37,500
c. 40,560
d. Cannot be determined without further information.
Describe the four types of quality costs and provide examples. When managing the costs of quality, explain why it is not necessarily a problem
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What two basic types of cost accounting systems are? job order and job accumulation systems./ job order and process cost systems.
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Marketing manager believes there will be 10% increase in sales if Company decreases price by 10%. Should price be decreased? Explain.
Determine the amount of product costs that would be allocated to cost of goods sold and ending inventory, assuming that Perez uses
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