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Question
Submitted by Topwriter on Tue, 2012-07-24 02:39
due on Wed, 2012-07-25 02:34
answered 1 time(s)
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Accounting

Complete the following assignment by answering the questions and compiling your answers into a word-processing document. Remember to show your work if an answer requires a mathematical solution.

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Answer
Submitted by Asma on Tue, 2012-07-24 18:52
teacher rated 272 times
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Solution with working is attached

body preview (14 words)

xxxxxx xxxx xxxxxxxx file xxx let me know xx xxxx xxxx xxxxxxxxxxx

 

 

file1.docx preview (1582 words)

x The work xx xxxxxxxx xxxxxxxxx account xx x manufacturing xxxxxxx xxxxx a balance of 3,0000.00 xx the xxx xx an accounting period. xxx xxxxxxxx sheets xx xxx two xxxxxxxxxx jobs xxxx charges xx xxxxxx xxx 300.00 xxx direct materials, xxx xxxxxxx xx xxxxxx and 600.00 for xxxxxx labor. xxxx xxxx info, it xxxxxxx xxxx xxx company xx using predetermined overhead rate xx a xxxxxxxxxx of direct labor costs. xxxx percentage xx the rate?

xxxxx xxx – DL – xx x xxxxxxxx xxxxxxx

3000 – xxx – xxx – xxx – xxx x xxxx

xxxx xxxxxxxx xxxxxxxxxxxxx xxxxxx labor x 120%

120%

B) xxx break-even point in xxxxxx sales for Rice xxxxxxx is 480,000.00 xxx xxx xxxxxxxxx xxxxxxxxxxxx xxxxxx xxxxx xx 40 xxxxxxxx If Rice Company xxxxxxx a profit of xxxxxxxxxxx xxx much xxxxx sales xxxx to total.

xx Ratio x xxxxxxxxxxxx margin/sales

xxxxxxxxx x xxxxxxx additional xxxxx needed xxx xxxxxx xxxxxx

210,000 + 480,000 = xxxxxxx

C)Williams Company’x direct labor cost xx 25 percent of its conversion xxxxx xx the

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