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1 x 8 5,500 40,100 10,175 P 49.490 1.85 Required: Assume that management adopts the ABC plan, prepare the necessar chart

1 x 8 5,500 40,100 10,175 P 49.490 1.85 Required: Assume that management adopts the ABC plan, prepare the necessar chart

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Problem 10

schedule. Management wishes to use a system of selective control. The following Problem 10 The Melon Manufacturing Company uses several raw materials in its production schedule. Management wishes to use a system of selective control. The followine data have been completed. Yearly Usage x Unit Cost 10,000 7,100 2,000 5,250 6,000 2,750 1,500 5,500 40,100 Total Cost 5,000 4,615 5,000 10,500 10,500 2,200 1,500 10,175 P. Materials 1 x 1 P 0.50 0.65 2.50 1 x 2 1 x 3 1 х 4 2.00 1 х5 1 х6 1 x 7 1 x 8 1.75 0.80 1.00 1.85 P 49.490 Required: Assume that management adopts the ABC plan, prepare the necessary chart
Transcribed Image Text:schedule. Management wishes to use a system of selective control. The following Problem 10 The Melon Manufacturing Company uses several raw materials in its production schedule. Management wishes to use a system of selective control. The followine data have been completed. Yearly Usage x Unit Cost 10,000 7,100 2,000 5,250 6,000 2,750 1,500 5,500 40,100 Total Cost 5,000 4,615 5,000 10,500 10,500 2,200 1,500 10,175 P. Materials 1 x 1 P 0.50 0.65 2.50 1 x 2 1 x 3 1 х 4 2.00 1 х5 1 х6 1 x 7 1 x 8 1.75 0.80 1.00 1.85 P 49.490 Required: Assume that management adopts the ABC plan, prepare the necessary chart
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