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Question - The Boston Company manufactures office equipment. They are ready to introduce a new line of desktop copiers. The following data concerns the copiers:
Variable manufacturing cost $180
Applied fixed manufacturing cost $90
Variable selling and administrative cost $60
Allocated fixed selling and administrative cost $75
If the company uses cost-plus pricing based on full cost, what price must the company charge when the mark-up percentage is 40 per cent?
Make new performance report for September using the flexible budget approach. ( Note: Even though there are no revenues in this setting)
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Dorchester uses the weighted average method. Use this information to determine for March 2020 the equivalent units of production for conversion costs.
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Material and overhead are paid upon delivery. Direct labor is paid on the day earned. What is the amount of Work-In-Process Ending Inventory?
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