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Flying High Company manufactures model airplanes. During the month, it manufactured 10,000 airplanes. Each one used an average of 6.5 direct labor hours and an average of 1.5 sheets of aluminum. It normally manufactures 7,500 airplanes. Materials and labor standards for making the airplanes are:Direct Material (1 Sheet of aluminum @ $10.00) $10.00Direct Materials (Other accessories @ $8.75) 8.75Direct Labor (6 hours @ $7.00) 42.001. 1) Compute the standard hours allowed for a volume of 10,000 airplanesA. 420,000 HRSB. 60,000 HRSC. 65,000 HRSD. 70,000 HRSShow Work.22. Compute the standard number of sheets of aluminum allowed for a volume of 10,000 airplanes.A. 10,000 Sheets .AB.7,500 Sheets .BC.11,250 Sheets .CD.15,000 Sheets .D
DEFINITION OF BUDGET As per the Institute of Cost & Management (ICMA), London, a BUDGET is 'a quantitative statement and / or financial, prepared and approved prior to a defin
2012 2011 Cash 12200 17700 Acct receivable 25200 22300 Investments
Savage Distribution markets CDs of performing artist Little Sister. At the beginning of October, Savage had in beginning inventory 1,200 Little Sister's CDs with a unit cost of $5
to determine product cost:
Write a mini report in which you "Critically Describe, Aanlyse and Reflect on the Brand Image Extension. This task must include evidence of collection primary data on the same
Introduction of Internal Rate of Return The traditional internal rate of return (IRR) method of project selection has been shown to be inferior to the NPV method due to vario
Absorption of Non Production Overheads in Production Cost Product costs may be compiled for a range of purposes including a) Stock valuation b) Product pricing c) Dec
introduction on proess costing
British Columbia Lumber has a Raw Lumber Division and a Finished Lumber Division. The variable costs are: 1.Raw Lumber Division: Rs. 100 per 100 board-feet of raw lumber 2.F
Production of a particular product costs $50 per material, $80 per labour and variable overhead is 75% of labour cost. If the selling price per unit is $230 and fixed cost amounts
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