Managerial Accounting (4th Edition)
Managerial Accounting (4th Edition)
4th Edition
ISBN: 9780133428377
Author: Karen W. Braun, Wendy M. Tietz
Publisher: PEARSON
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Chapter 14, Problem 14.8SE

a.

To determine

To compute: Rate of return on net sales for 2014.

b.

To determine

To compute: Rate of return on total assets for 2014.

c.

To determine

To compute: Rate of return on common stockholders’ equity for 2014.

To conclude: Whether these rates of return are strong or weak.

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Tansen Industries bases its manufacturing overhead budget on budgeted machine-hours. The production budget indicates that 8,200 machine-hours will be required in July. The variable overhead rate is $6.75 per machine-hour. The company's budgeted fixed manufacturing overhead is $145,000 per month, which includes depreciation of $17,500. All other fixed manufacturing overhead costs represent current cash flows. What should be the July cash disbursements for manufacturing overhead on the manufacturing overhead budget?
The unit cost of direct material is
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