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What is the average variable cost per membership when there are 2,000 memberships?
All materials are added at the beginning of the process, and the total direct materials cost was $147,000.
Your company uses the perpetual inventory system and revenue is recognized when the goods leave your shipping dock.
On October 1, 2011, she began to rent out office space in the building. On July 15, 2015, Wendy sold the office building.
The company also had rent revenue of $500 and a gain on the sale of delivery truck of $1,000.
At the beginning of the month, your stock ownership is $250,000.00. Your sales are $63,000.00 and your stock is reduced by $27,000.00 worth of markdowns.
The setup department performs 40 setups per year, the machining department works 5,000 hours per year, and the packing department packs 500 orders per year.
The activity rate for Machining is $125 per machine hour. What is the total cost of Machining?
Nando Company uses the weighted-average method in its process costing system.
Current manufacturing costs for the year are $292,000, and cost of goods sold is $284,000. How much is cost of goods manufactured?
What is Sarah's annual carrying cost if she does not take advantage of the discount?
Serena corporation uses estimated manufacturing overhead cost of 800,000 and estimated direct labor hours of 200,000 in establishing manufacturing overhead.
What would Ajax estimate its total cost to be if sales equaled 8,000 units?
Willow Corp uses a FIFO process costing system. Beginning inventory for January consisted of 1,000 units that were 40% completed.
XYZ Company had total assets of $500,000 and total liabilities of $200,000 at January 1, 2004.
Drove her car 5000 miles to visit clients, 10000 miles to get to her office, and 500 miles to attend-related seminars.
Ricket Company has 1,500 obsolete calculators that are carried in inventory at a cost of $13,200.
Tsuchiya Corporation manufactures a variety of products. Last year, the company's variable costing net operating income was $57,500.
Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $24,500.
What are the strengths and weaknesses of comprehensive allocation with an income statement orientation.
Talboe's costs to produce 200,000 wheels annually are as follows: An outside supplier has offered to sell Talboe similar wheels for $0.80 per wheel.
Templar Company, a manufacturing firm, has supplied the following information from its accounting records for the month of November.
The Sharma Company provides you with the miscellaneous data regarding operations.
What activities should you perform to correctly account for your inventory at year-end?
You are now ready to add administrative costs to your budget. Please discuss the types of administrative costs that will be required for your business.