Entries by Munene david

During FY 2018, Towson Manufacturing had a beginning finished goods

During FY 2018, Towson Manufacturing had a beginning finished goods inventory of $16,000 & ending finished goods inventory of $22,500. Beginning work-in-process was $18,000 and ending work-in-process was 13,500. Factory overhead was $22,500. The total manufacturing costs amounted to $248,000. Use this information to determine the FY 2018 Cost of Goods Sold. (Round enter as whole dollars only.)   Looking […]

 

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During FY 2019, Dorchester Company plans to sell Widgets for $12

During FY 2019, Dorchester Company plans to sell Widgets for $12 a unit. Current variable costs are $5 a unit and fixed costs are expected to total of $182,000. Use this information to determine the number of units of Widgets for Dorchester to breakeven.  (Round to the nearest whole number)   Looking for a Similar Assignment? Order […]

 

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FY 2019 Dorchester Company plans to sell Widgets for $12 a unit.

FY 2019 Dorchester Company plans to sell Widgets for $12 a unit. Current variable costs are $5 a unit Fixed costs are expected to total of $156,000 Dollar value of sales for Dorchester to breakeven?   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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Baltimore Company uses a job order cost system and applies overhead

Baltimore Company uses a job order cost system and applies overhead based on estimated rates.  The overhead application rate is based on total estimated overhead costs of $305,000 and direct labor hours of 9,800. During the month of February 2019, actual direct labor hours of 8,700 were incurred. Use this information to determine the amount of […]

 

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