How to use the facilities necessary
Would your response to part e change if the St. Falls plant could use the facilities necessary to produce parts for job no. 110 for another job that could earn an incremental profit of $31,000?
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The sales policy at St. Falls dictates that job bids be calculated by adding 24 percent to total manufacturing costs. What would be the bid for job no. 110 using the overhead rate from part b ?
Tyrene Products manufactures recreational equipment. One of the company's products, a skateboard, sells for $36. The skateboards are manufactured in an antiquated plant that relies heavily on direct labor workers.
A St. Falls subcontractor has offered to produce the parts for job no. 110 for a price of $8 per unit. Assume the St. Falls sales force has already committed to the bid price based on the calculations in part.
Determine the cost of ending work in process inventory and of the units transferred out to the next department. (Round your intermediate calculation to 2 decimal places and final answers to the nearest whole dollar amount.)
You have accumulated $8000.00 and are looking for the best rate of return that can be earned over the next year. A bank savings account will pay 6%. A one year bank certificate will pay 8%, but the minimum investment is $10,000.00.
What is the company's CM ratio? If monthly sales increase by $64,000 and there is no change in fixed expenses, by how much would you expect monthly net operating income to increase?
In 2013, Dripping Springs Industries%u2019 controller, Jack Johnson, discovered that under his predecessor the reported ending inventories for 2011 and 2012 had been overstated by $200,000 and $450,000, respectively.
If the tail of a normal distribution contains exactly 2.5% of the scores, then what is the z-score value that separates the tail from the body of the distribution? Explain your response.
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