Normal and abnormal spoilage in units. The following data, in physical units, describe a grinding process for January: Work in process, beginning Started during current period To account for 19,300 145,400 164,700 Spoiled units Good units completed and transferred out Work in process, ending Accounted for 12,000 128,000 164,700 Inspection occurs at the 100% completion stage. Normal spoilage is 5% of the good units passing inspection.

Q: Describe the margin of safety.

A:

Q: Why is materials inspection a prevention costs rather than an appraisal costs?

A: Lets understand the basics. Cost incurred in order to minimize or avoid the defect at the production…

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Q: Describe cost depletion and percentage depletion. Whyis the percentage depletion method permitted?

A: Depletion: Depletion is defined as the reduction in the value of natural resources due to its…

Q: Explain the assumptions of break-even analysis.

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A: The question is multiple choice question. Required  Choose the Correct Option.

Q: Kaizen costing aims to reduce costs during the phase of a product's life.

A: 1. The correct answer is: (A) Production    While some sources may suggest that Kaizen costing can…

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Q: Explain how to determine the break-even point

A: Break-even: It can be defined as that level of production at which the firm’s total costs fall…

Q: Describe the accounting for correction of errors.

A: The accounting for correction of errors will be explained:

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A:

Q: Define cost of equipment.

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Q: Explain an example how to calculate margin of safety.

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Q: Identify the material loss, which may be re-cycled for production process. Select one: Defectives…

A: defectives are those units that did not meet the expected quality of production. wastage has no…

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Q: How can Replacement Analysisbe used when the Required Service Period Is Long?

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Q: Write an overview of what the break-even point is

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Q: i) ii) a) b) d) explain the meaning of the term/technique, give two examples of its application,…

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Q: Blocked suction cylinder unloading is accomplished by

A: Blocked suction cylinder unloading is accomplished by

Q: d importance of

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Q: Identify the material loss, which may be re-cycled for production process. Select one: a) Defectives…

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