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1. A company has a total cost of $50.00 per unit at a volume of 100,000 units. The variable cost per unit is $20.00. What would the price be if the company expected a volume of 120,000 units and used a markup of 50%?A) $75.00B) $62.50C) There is not enough information in the problem to answerD) $67.50
Compute the equivalent units for direct material and conversion costs for the month of May.
matador inc. sells computer monitor screens. the direct labor dl rate includes wages benefits and payroll tax. direct
Perth Corporation has two operating divisions, a casino and a hotel. The two divisions meet the requirements for segment disclosures. Before transactions between the two divisions are considered, revenues and costs are as follows:
Roger Industries is considering two capital investment proposals. Estimates regarding each project are provided below.
What is a situation in which estimates of the amount of inventory may be use full or even necessary?
more limited produces four types of electric motors. type x and y are sold by the business to external customers. the
Identify the fixed and variable costs from the above and comment on the cost behaviour - estimate the cost of goods manufactured and sold and prepare a revised income statement for the month.
Refer to Exercise 23-8. Hart Company records standard costs in its accounts and its material variances in separate accounts when it assigns materials costs to the Goods in Process Inventory account. In Exercise 23-8, Hart Company made 3,000 bookshelv..
Why are companies required to prepare a statement of cash flows? Why is the statement of cash flows divided into three sections? What does each section tell you about the operations of a company?
1.Assume that we tour Polaris factory where it makes its products. List three direct costs and three indirect costs that we are likely to see.
Discuss how overheads can be over- or under-applied and how the company should deal with the over- or under-application.
Describe the purpose of a flexible budget. Suppose a manager claims flexible budgets are useful because costs are difficult to predict and flexibility is needed to change budgeted costs as input prices change.
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