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Advertising expense $17,200Wages expense-assemblers 36,840Depreciation expense-machines 21,480Utilities expense-factory 21,120Wages expense-lathe operators 23,480Repair expense-machine 4,520Office salaries expense 23,760Salary expense-factory foreman 18,270The company also made the following purchases of raw materials:Purchases of glue $3,260 Purchases of nails and staples 1,600 Purchases of oak wood 22,000 Purchases of glass 23,000 There was no beginning or ending inventories.Required:Calculate the following:A)Direct materials usedB)Direct laborC)Indirect production costs
Advantages and Disadvantages of Uniform Costing Advantages 1. It enables costs to be compared simply 2. It makes it easier to computerize the accounting system of d
sabonis consmetics co. purchased machinery on december 31,2011, paying $50,000 down and agreeing to pay the balance in four equal installments of $40,000 payable each dec 31. an as
explain advantages of marginal costing
Igor and Angela were married in 2005, separated in 2011, and divorced recently. At the time of marriage, each had some investments and personal assets. They both worked during the
Ass ume that during April, the job cost sheet for Job 206 showed the following: Dept. A Dept. B M
Q. Is it possible to execute fca in the deficiency of a general ledger accounting system ? Ans. Yes. FCA can be executed for whichever solid waste management system and whi
Harriet Ltd is a trading company set up a number of years ago with 5,000 £1ordinary shares issued at par. In order to expand the production facilities it needs to raise a further £
1) Define Elasticity. If you have a product where elasticity is less than one, what does that mean? Is it good, bad for the firm? 2) Why will firms not shut down as soon as th
How does idel capacity effect cost behavior patterns and factory overhead application methods
The following standard costs were developed for one of the products of Ferrars Company: Standard Cost Card Per Unit Materials: 4 feet x $14.25 per foot $ 57.00 Direct labor: 8 hour
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