Manufacturing World produces components for furniture. The managerial accountant oversees several large departments. A specialty component is produced in the fabrication department. The variable selling expenses and manufacturing costs for this component are listed below: Manufacturing World Variable Selling Expenses and Manufacturing Costs Specialty Component Production Report Direct materials $900 Direct labor $150 Variable manufacturing overhead $160 Fixed manufacturing overhead (current production level) $220 Variable selling expenses (only incurred on sales to outside consumers) $130 The managerial accountant noted that the fabrication department has excess capacity and could produce the part. There is competition in the marketplace and the current price to purchase the part at an outside firm is $2,500. What is the highest transfer price the managerial accountant should pay to purchase the part from a competitor? What is the lowest acceptable transfer price if the part was produced by the internal operations division at Manufacturing World?
Answers: 2
Business, 21.06.2019 14:00, OceanClaws
Jagjit company designs and builds retaining walls for individual customers. on august 1, there were two jobs in process: job 93 with a beginning balance of $8,650, and job 94 with a beginning balance of $7,270. jagjit applies overhead at the rate of $9 per direct labor hour. direct labor wages average $16 per hour. data on august costs for all jobs are as follows:
Answers: 3
Business, 21.06.2019 23:00, rosie20052019
Which of the following statements about the relationship between economic costs and accounting costs is true? multiple choice accounting costs are equal to or greater than economic costs. accounting costs must always equal economic costs. accounting costs are always greater than economic costs. accounting costs are always less than or equal to economic costs.
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Business, 22.06.2019 00:30, ummmmmmmmmmmm
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Business, 22.06.2019 00:50, abcdefg87
Consider each of the following cases: case accounting break-even unit price unit variable cost fixed costs depreciation 1 127,400 $ 38 $ 25 $ 711,000 ? 2 124,000 ? 41 2,500,000 $ 900,000 3 5,753 117 ? 171,000 100,000 required: (a) find the depreciation for case 1. (do not round your intermediate calculations.) (b) find the unit price for case 2. (do not round your intermediate calculations.) (c) find the unit variable cost for case 3. (do not round your intermediate calculations.)
Answers: 2
Manufacturing World produces components for furniture. The managerial accountant oversees several la...
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