Business, 13.04.2021 01:00 alysonmariefont
10) At the beginning of the year, Lucy company estimated that the total annual fixed overhead costs would amount to $25,000. Further, Lucy estimated that its volume of production would be 2,000 units of product. Based on these estimates, Lucy computed a predetermined overhead rate that was used to allocate overhead costs to the products made during the year. As predicted, actual fixed overhead costs did amount to $25,000. However, actual volume of production amounted to 2,200 units of product. Based on this information alone: A. Products were overcosted during the year. B. Products were undercosted during the year. C. Products were costed accurately during the year. D. The answer cannot be determined from the information provided.
Answers: 2
Business, 22.06.2019 11:30
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Business, 22.06.2019 13:40
Computing equivalent units is especially important for: (a) goods that take a relatively short time to produce, such as plastic bottles. (b) goods with sustainability implications in their production processes. (c) goods that are started and completed during the same period. (d) goods that take a long time to produce, such as airplanes.
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Business, 22.06.2019 19:00
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Business, 22.06.2019 19:30
Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.
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10) At the beginning of the year, Lucy company estimated that the total annual fixed overhead costs...
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