Chapter 6, Problem 49P

Orion Electronics has total annual sales of 5,200 units, an average inventory level of 400 units, and operates for 365 working days per year. What is the inventory days of supply (DOS)?

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Assume that cost of goods sold is 75% of sales.

Calculate the amount of cash Apex collected from customer's during fiscal 2023. Accounting

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Frontier Industries' break-even point in sales is $1,200,000, and its variable expenses are 65% of sales. If the company earned $75,000 last year, sales must have amounted to: a. $1,414,286 b. $1,350,000 c. $1,275,000 d. $1,125,000

Sterling Corporation uses direct labor hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor hours were 14,300 hours, and the total estimated manufacturing overhead was $343,200. At the end of the year, actual direct labor hours were 14,000 hours, and the actual manufacturing overhead was $338,500. What is the overhead at the end of the year?

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General Accounting