The capacity to manufacture
Poppycrock, Inc., manufactures large crates of microwaveable popcorn that are typically sold to distributors. Its main factory has the capacity to manufacture and sell 35,000 crates per month. The following information is available for the factory?
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Mills Mining is considering an expansion project. The proposed project has the following features. The project has an initial cost of $557--this is also the amount which can be depreciated using the following depreciation schedule.
In the Goblette Manufacturing Company, indirect labor is budgeted for $108,000 and factory supervision is budgeted for $36,000 at normal capacity of 160,000 direct labor hours.
Your company plans to produce a product for two more years and then to shut down production. You are considering replacing an old machine used in production with a new machine.
In addition to gross pay, the company must pay one-half of the $70 per employee weekly health insurance; each employee pays the remaining one-half.
Poppycrock, Inc., manufactures large crates of microwaveable popcorn that are typically sold to distributors. Its main factory has the capacity to manufacture and sell 35,000 crates per month. The following information is available for the factory
Assume the Company's budgeted activity level was 8,000 units ("q") and they expect to sell units at $40 per unit. Their actual activity level was 8,400 units and they ended up selling these units for $38 per unit.
Raintree Cosmetic Company sells its products to customers on a credit basis. An adjusting entry for bad debt expense is recorded only at December 31, the company's fiscal year-end.
List one reason why managers analyze financial statements. Briefly discuss how a manager would analyze the statements for that purpose and how he/she would apply the results of the analysis.
Carillion Company is considering the disposal of equipment that is no longer needed for operations. The equipment originally cost $600,000 and accumulated depreciation to date totals $460,000.
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