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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
labour cost related case study with solution
fixed expenses are incurred equally in the two half year periods,calculate
Waylander Coatings Company purchased waterproofing equipment on January 6, 2013, for $320,000.The equipment was expected to have a useful life of four years, or 20,000 operating ho
how variable cost help in decision making.with suitable example
A normal job-order costing system is a system that uses : A. actual costs for direct materials and estimated costs for direct labor and overhead B. estimated costs
One month before she died on April 14, 2002, Barbara Gent (Amy's aunt) gave Amy a coin collection. Based on careful records that Barbara kept, the collection had a cost basis of $9
Standards and Budgets Budgets like you recall from the previous section, are simply plans for expected future performance expressed in quantified monetary terms. Therefore the
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Management Accounting It is the part of accounting such provides special-reason statements and reports to other persons and management inside the organization. The informatio
weekly working hour 48 , hourly wage rate 15$ , price rate per unit 6$ , normal time taken per piece 36 minuets , normal output per week 220 pieces , actual output per week 275 pie
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