Entries by Grace Wahito

There are 3 types of costs associated in making a product (Direct materials, Direct labor, and Overhead). Overhead

February 11, 2020 in /by

There are 3 types of costs associated in making a product (Direct materials, Direct labor, and Overhead). Overhead is somewhat related to manufacturing but with some differences. Can anyone help me with some examples of overhead accounts and/or factory overhead accounts? If you could answer by today, that would be AWESOME. Thank you for your […]

 

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Im trying to understand contribution margins.In regards to contribution margins

February 11, 2020 in /by

Im trying to understand contribution margins.In regards to contribution margins and its relationship to profit: When the profit amount can cover the organization’s operating expenses – is that what a contribution margin is, or am I completely off trackjQuery200005762303367396493_1527446291767 Haha help!! I understand much better with examples. Could you please share your opinion with the […]

 

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Required: GH Company is trying to decide whether to replace a current piece

February 11, 2020 in /by

Required: GH Company is trying to decide whether to replace a current piece of machinery with a new machine. Using the below data, determine the relevant costs of the old machine and the new machine. Should GH Company purchase the new machine?                                                          Old Machine         New machine Original cost                                           100,000 Accumulated depreciation                       […]

 

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Required: Identify each of the following as either a direct or indirect cost.

February 11, 2020 in /by

Required: Identify each of the following as either a direct or indirect cost. />                                                               Direct or Indirect? Material used in production                           ???? Salary of manufacturing supervisor               ???? Wages of manufacturing worker                     ???? Telephone costs                                              ???? Rent   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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