Describe the advantage of using Person J’s forecast .

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Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

b.

To determine

Describe the advantage of using Person J’s forecast.

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

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provide correct answer accounting question

Kubin Company’s relevant range of production is 11,000 to 14,000 units. When it produces and sells 12,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 7.20 Direct labor $ 4.20 Variable manufacturing overhead $ 1.70 Fixed manufacturing overhead $ 5.20 Fixed selling expense $ 3.70 Fixed administrative expense $ 2.70 Sales commissions $ 1.20 Variable administrative expense $ 0.70 Required: For financial accounting purposes, what is the total product cost incurred to make 12,500 units? For financial accounting purposes, what is the total period cost incurred to sell 12,500 units? For financial accounting purposes, what is the total product cost incurred to make 14,000 units? For financial accounting purposes, what is the total period cost incurred to sell 11,000 units?

Choose a manufacturing company then discuss the following: First, name your company and list its main products and direct materials used. What is spoilage? Give an example of spoilage that might occur during the manufacturing of the company's product. What is scrap? Give an example of scrap that might occur during the manufacturing of the company's product. What does rework mean? Give an example of rework that might occur during the manufacturing of the company's product. A leading manufacturer recently said, "What has been regarded as normal spoilage in the past will not acceptable as normal spoilage in the future? What are they talking about? What do you think are the external or internal factors that may affect the level of normal spoilage in the future?

Answer 2

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Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

b.

To determine

Describe the advantage of using Person J’s forecast.

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

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Answer 3

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Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

b.

To determine

Describe the advantage of using Person J’s forecast.

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

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Answer 4

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Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

b.

To determine

Describe the advantage of using Person J’s forecast.

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

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Answer 5

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Answer 6

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Answer 7

Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

b.

To determine

Describe the advantage of using Person J’s forecast.

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

Answer 8

Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

Answer 9

Chapter 13, Problem 23E

a.

To determine

Describe the advantage of using Person J’s forecast.

Answer 10

b.

To determine

Describe the advantage of using Person J’s forecast.

Answer 11

b.

To determine

Describe the advantage of using Person J’s forecast.

Answer 12

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

Answer 13

c.

To determine

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

Answer 14

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Answer 15

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Answer 16

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Answer 17

Ch. 13 - Prob. 1RQ Ch. 13 - Prob. 2RQ Ch. 13 - Prob. 3RQ Ch. 13 - What role does the master budget play in the...Ch. 13 - What problems might arise if a firm relies solely...Ch. 13 - What is the coordinating role of budgeting?Ch. 13 - Prob. 7RQ Ch. 13 - Write out the inventory equation that is used to...Ch. 13 - What makes creating budgets for marketing and...Ch. 13 - Prob. 10RQ

Describe the advantage of using Person J’s forecast .

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Describe the advantage of using Person J’s forecast.

Describe the advantage of using Person J’s forecast.

Identify the information that is likely to available prior to the period that would want in order to choose between the forecasts.

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