Heavy products, inc. developed standard costs for direct material and direct labor. in 2017, aii estimated the following standard costs for one of their major products, the 10minusāgallon plastic container. - budgeted quantity budgeted price direct materials 0.10 pounds $ 50 per pound direct labor 0.250 hours $ 20 per hour during june, heavy products produced and sold 22,,000 containers using 2,100 pounds of direct materials at an average cost per pound of $ 53 and 5,500 direct manufacturing laborminusāhours at an average wage of $ 50.50 per hour. the direct manufacturing labor efficiency variance during june is
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Business, 22.06.2019 17:30
The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?
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Business, 22.06.2019 21:20
Rediger inc., a manufacturing corporation, has provided the following data for the month of june. the balance in the work in process inventory account was $28,000 at the beginning of the month and $20,000 at the end of the month. during the month, the corporation incurred direct materials cost of $56,200 and direct labor cost of $29,800. the actual manufacturing overhead cost incurred was $53,600. the manufacturing overhead cost applied to work in process was $52,200. the cost of goods manufactured for june was:
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Business, 22.06.2019 21:50
Required: 1-a. the marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. calculate the increase or decrease in net operating income. 1-b. should the advertising budget be increased ? yes no hintsreferencesebook & resources hint #1 check my work 8.value: 1.00 pointsrequired information 2-a. refer to the original data. management is considering using higher-quality components that would increase the variable expense by $2 per unit. the marketing manager believes that the higher-quality product would increase sales by 10% per month. calculate the change in total contribution margin. 2-b. should the higher-quality components be used? yes no
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Business, 22.06.2019 23:30
Each stateās organizational structure is guided by the federal government.true or false?
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Heavy products, inc. developed standard costs for direct material and direct labor. in 2017, aii est...
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