Chapter 3, Problem 19E

DBZ Company produces two products, Gamma and DBZ. Gamma is a high-volume item totaling 25,000 units annually. DBZ is a low-volume item totaling only 8,000 units per year. Gamma requires 1.5 hours of direct labor for completion, while each unit of DBZ requires 3 hours. Therefore, total annual direct labor hours are 55,500 (25,000 × 1.5 + 8,000 × 3). Expected annual manufacturing overhead costs are $720,000. DBZ uses a traditional costing system and assigns overhead based on direct labor hours. Each unit of DBZ would be assigned an overhead of:

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What is the adjusted book Balance ?

Juno Manufacturing used $42,000 of direct materials and incurred $55,000 of direct labor costs during the month of August. The company applied $28,000 of overhead to its products. If the cost of goods manufactured was $135,000 and the ending work in process inventory was $18,000, the beginning work in process must have been equal to _.help

What is total liabilities?

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Felix Mounts has a cost formula for its supplies cost of $1,450 per month plus $22 per mount. For the month of March, the company planned for activity of 530 mounts, but the actual level of activity was 520 mounts. The actual supplies cost for the month was $12,000. The variance for supplies cost in March would be _.

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