Entries by mary WAMBUGU

Ellio± Incorporated manufactures garden tools, and although the manufacturing equipment is per2. Upgrading to modern equipment would speed up the manufacturing process such that direct labowould be reduced by 40% on a per-unit basis.

August 27, 2019 in /by

This is a comprehensive problem all contained on this spreadsheet tab.  FACTS: 1.  Elliott Incorporated manufactures garden tools, and although the manufacturing equipment is perfectly functional, it is not modern. 2.  Upgrading to modern equipment would speed up the manufacturing process such that direct labor and variable manufacturing costs      would be reduced by 40% […]

 

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The standard direct material cost to produce one widget is four meters of widget line (material) at $3.00 per meter.

August 27, 2019 in /by

The standard direct material cost to produce one widget is four meters of widget line (material) at $3.00 per meter.  Durig May 2016, 6,000 meters of line (material) costing $17,500 were purchased and used to produce 1,500 units of widgets.  What was the material price variance for May 2016? a. $200 Favorable b. $500 Unfavorable […]

 

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The Machining Department is the first of a 2-stage production process. Spoilage is identified when the units have completed the Machining process.

August 27, 2019 in /by

5. The Machining Department is the first of a 2-stage production process. Spoilage is identified when the units have completed the Machining process. Costs of spoiled units are assigned to units completed and transferred to the second department in the period spoilage is identified. The following information concerns Machining’s conversion costs in May 2016: Using […]

 

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1. Distinguish between a traditional costing system and an activity-based costing (ABC) system, and explain some benefits of ABC? 2. Lockhart Products manufactures custom-built ships. Each ship is built to customer specifications. Most of the direct labor time is spent on welding activities. Following is the job cost sheet for an incinerator manufactured for the Galveston Harbor Corporation:

August 27, 2019 in /by

1.  Distinguish between a traditional costing system and an activity-based costing (ABC) system, and explain some benefits of ABC?                   2.  Lockhart Products manufactures custom-built ships.  Each ship is built to customer specifications.  Most of the direct labor time is spent on welding activities.  Following is the […]

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"