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.
A+ Answer - Accurate & Economical - Latest Answer (Updated - 10/2014)
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1. The xxxxxxx process xxxxxxxxx account of a manufacturing company shows x balance xx $3,000 xx xxx xxx of an accounting period. xxx xxxxxxxx sheets xx xxx xxx xxxxxxxxxx xxxx xxxx charges xx xxxx and xxxx xxx xxxxxx material, and charges of xxxx and $600 for direct xxxxxx xxxx this information, it xxxxxxx xxxx the xxxxxxx xx using a xxxxxxxxxxxxx xxxxxxxx rate of direct labor. What xxxxxxxxxx is the xxxxx
Work in xxxxxxxx ending balance: $3,000
xxxx xxxxxx xxxxxxxx xxxxxxxxxxx xxxxxx
xxxx xxxxxx labor xxxxx + $600) xxxxxxxx
xxxxxxxx x direct xxxxx x $1,200 / xxxxxx = 1.2 x xxxx predetermined xxxxxxxx xxxx xx xxx xxxxxxxxxx point xx dollar sales xxx Rice xxxxxxx is $480,000 xxx the company contribution xxxxxx ratio is 40 percent. xx Rice xxxxxxx desires a xxxxxx xx xxxxxxxx how xxxx would xxxxx have to total?
100% x 40% xxxxxxxxxxxx margin ratio x xxx xxxxxxxx costs of sales
60% variable costs xx sales x $480,000 break-even sales x xxxxxxxx xxxxxxxx costs
480,000 xx xxxxx – xxxxxxx variable costs = xxxxx 000 xxxxx costs.
xxx xxxxxxx xxxxxxx
X = 192,000 xxxxx xxxxx + 84,000 profit x xxxxx
xxxx x 276,000
x = xxxxxxxxxxx
x x xxxxxxxx xxxxx xxxxxxxx for xxxxxx xxxxxx level 3. xxxxxxxx Company’s xxxxxx labor xxxx xx 25 percent xx xxx conversion xxxxx If the manufacturing xxxxxxxx for xxx last xxxxxx xxx $45,000 xxx direct material xxxx was $25,000, xxx much xx the xxxxxx labor cost?
Conversion cost xxxx = xxxxxx labor x overhead.
xx x xxxxxxx
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