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1.
Introduction:
To compute: The predetermined overhead rate using direct labor hours as the allocation based and unit product cost of each model.
2.
Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. Absorption costing is used to calculate the cost of product while taking indirect and direct expense into account. Activity based costing assign the cost of all the activity of the organization according to their actual consumption
To compute: The predetermined overhead rate for each four activity cost pools
3.
Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. Absorption costing is used to calculate the cost of product while taking indirect and direct expense into account. Activity based costing assign the cost of all the activity of the organization according to their actual consumption
To compute: Total amount of
4.
Introduction: Job costing is a technique of determine the cost of a manufacturing job rather than the process of the job. Manufacturing overhead is applied to product or job order is determined as predetermined overhead. Absorption costing is used to calculate the cost of product while taking indirect and direct expense into account. Activity based costing assign the cost of all the activity of the organization according to their actual consumption
The factors that may account for the company’s declining profit.
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Chapter 3A Solutions
MANAGERIAL ACCOUNTING F/..(LL)-W/ACCESS
- Sunshine Blender Company sold 7,000 units in October at a sales price of $40 per unit. The variable cost is $25 per unit. Calculate the total contribution margin. OA. $280,000 OB. $105,000 OC. $87,500 OD. $175,000arrow_forwardI want to correct answer general accounting questionarrow_forwardFive I + Beginning Work-in-Process Inventory Cost of Goods Manufactured Cost of Goods Sold Direct Labor Direct Materials Used Ending Work-in-Process Inventory Finished Goods Inventory 4 of 35 > manufactured. Use the followin Process Inventory, $32,800; an Total Manufacturing Costs Incurred during Period Total Manufacturing Costs to Account Forarrow_forward
- Don't use ai given answer accounting questionsarrow_forwardRequirement 1. For a manufacturing company, identify the following as either a product cost or a period cost: Period cost Product cost a. Depreciation on plant equipment Depreciation on salespersons' automobiles Insurance on plant building Marketing manager's salary Direct materials used Manufacturing overhead g. Electricity bill for human resources office h. Production employee wagesarrow_forwardI want to correct answer general accounting questionarrow_forward
- Tungsten, Inc. manufactures both normal and premium tube lights. The company allocates manufacturing over machine hours as the allocation base. Estimated overhead costs for the year are $108,000. Additional estimated information is given below. Machine hours (MHr) Direct materials Normal 23,000 $60,000 Premium 31,000 $480,000 Calculate the predetermined overhead allocation rate. (Round your answer to the nearest cent.) OA. $4.70 per direct labor hour OB. $3.48 per machine hour OC. $2.00 per machine hour OD. $0.20 per direct labor hourarrow_forward< Factory Utilities Indirect Materials Used $1,300 34,500 Direct Materials Used 301,000 Property Taxes on Factory Building 5,100 Sales Commissions 82,000 Indirect Labor Incurred 25,000 Direct Labor Incurred 150,000 Depreciation on Factory Equipment 6,300 What is the total manufacturing overhead?arrow_forwardDiscuss the financial reporting environment and financial statements. What is the purpose of accounting? What impact does the AICPA, FASB, and SEC play in accounting, particularly with regards to the financial statements?arrow_forward
- K Sunlight Design Corporation sells glass vases at a wholesale price of $3.50 per unit. The variable cost to manufacture is $1.75 per unit. The monthly fixed costs are $7,500. Its current sales are 27,000 units per month. If the company wants to increase its operating income by 30%, how many additional units must it sell? (Round any intermediate calculations to two decimal places and your final answer up to the nearest whole unit.) A. 7,500 glass vases OB. 33,815 glass vases OC. 6,815 glass vases D. 94,500 glass vasesarrow_forwardCan you help me with of this question general accountingarrow_forwardWhat is the correct option? General accounting questionarrow_forward
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