Monthly Archives: November 2014

At December 31, 2012, the Accounts receivable balance of Solar Energy Manufacturing (A+ Guaranteed)

At December 31, 2012, the Accounts receivable balance of Solar Energy Manufacturing is $170,000. The Allowance for doubtful accounts has a $10,100 credit balance. Solar Energy Manufacturing prepares the following aging schedule for its accounts receivable: Accounts Receivable: 1-30 days … Continue reading

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Razmon’s Jewelers has accumulated the following budgeted overhead information (A+ Guaranteed)

Razmon’s Jewelers has accumulated the following budgeted overhead information (dollar amounts may include both fixed and variable costs): Direct Labor Hours 2,000 hours 3,000 hours   Maintenance $ 12,000 $ 17,000   Depreciation 8,000 8,000   Manager’s salary 45,000 45,000   Indirect supplies 3,200 … Continue reading

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First Apple Computers Company manufactures one product (A+ Guaranteed)

First Apple Computers Company manufactures one product. If its variable manufacturing cost is $18 per unit; total fixed manufacturing cost is $500,000: Required: 1) Calculate First Apple’s total manufacturing costs if it produces 10,000 units. 2) What would be the … Continue reading

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Best Detroit Asphalt Inc., a manufacturer of premium quality asphalt (A+ Guaranteed)

Best Detroit Asphalt Inc., a manufacturer of premium quality asphalt, has given you the following data as is requesting your help: Tons of asphalt produced and sold ………………….…… 220,000 Sales revenue ……………………………………………… $924,000 Variable manufacturing expense ………………………… $297,000 Fixed manufacturing … Continue reading

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MBA 565 QUIZ 3 (A+ Guaranteed)

1.In ________ marketing, the firm operates in several market segments and designs different products for each segment. (Points : 5) segmented undifferentiated differentiated geodemographic niche 2. In evaluating different market segments, the firm must look at two factors: the segment’s … Continue reading

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Luganos Pizza Parlor is considering the purchase of a large oven

Luganos Pizza Parlor is considering the purchase of a large oven and related equipment for mixing and baking crazy bread. The oven and equipment would cost $104,000 delivered and installed. It would be usable for about 20 years, after which … Continue reading

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Renfree Mines, Inc., owns the mining rights to a large tract of land in a mountainous area

Renfree Mines, Inc., owns the mining rights to a large tract of land in a mountainous area. The tract contains a mineral deposit that the company believes might be commercially attractive to mine and sell. An engineering and cost analysis … Continue reading

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For many years Futura Company has purchased the starters that it installs

For many years Futura Company has purchased the starters that it installs in its standard line of farm tractors. Due to a reduction in output, the company has idle capacity that could be used to produce the starters. The chief … Continue reading

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Han Products manufactures 26,000 units of part S-6 each year for use on its production line

Han Products manufactures 26,000 units of part S-6 each year for use on its production line. At this level of activity, the cost per unit for part S-6 is:   Direct materials $ 4.90   Direct labor 5.00   Variable manufacturing overhead 2.90 … Continue reading

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Andora Company reported the following information for the month

Andora Company reported the following information for the month of November. The standard cost of labor for the month was $37,800, but actual wages paid were $40,400. Andora has calculated its direct labor rate and efficiency variances to be $650 … Continue reading

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