Entries by Grace Wahito

Wolf CO. estimates that its employees will work 400,000

April 1, 2020 in /by

Wolf CO. estimates that its employees will work 400,000 direct labor hours during the coming year. Total overhead costs are estimated to be $9,600,00 and direct labor costs are estimated to be $12,500,000. Direct Labor hours are actually 450,000. If Wolf Co. allocates overhead based on direct labor HOURS, what is the predetermined overhead rate? […]

 

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The Mixing Department is the third department in the MZS Inc. During January,

April 1, 2020 in /by

The Mixing Department is the third department in the MZS Inc. During January, there are 4,000 units of beginning inventory in the Mixing Department, and 80,000 units were transferred in from the prior process. There were 8,000 units in ending inventory. The transferred-in cost in the beginning inventory was $170,000 and there was $600,000 in […]

 

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Tanya Corp sells its products on both credit and cash basis

April 1, 2020 in /by

Tanya Corp sells its products on both credit and cash basis. Monthly sales are sold 20% for cash, 80% for credit. Credit sales are collected 65% in the moth of sale and 35% the following moth. Sales for the first quarter are BUDGETED as follows: January $200,000; February $300,000; March $300,000. Compute cash collections Budgeted for […]

 

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This question was created from week 2 quiz

April 1, 2020 in /by

This question was created from week 2 quiz https://www.coursehero.com/file/15194774/week-2-quiz/  ATTACHMENT PREVIEW Download attachment 15194774-23131.jpeg   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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