Butterco has the following cost components for 100,000 units of product for the month: Raw materials $200,000 Direct labor 100,000 Manufacturing overhead 200,000 Selling / administrative expense 150,000 All costs are variable except for $100,000 of manufacturing overhead and $100,000 of selling and administrative expenses. The total costs to produce and sell 110,000 units during the month are
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Lending money and collecting the loans are:
Lending money and collecting the loans are:
A client with nephrotic syndrome has proteinuria and edema o…
A client with nephrotic syndrome has proteinuria and edema of lower extremities. Which lab result is associated with these assessment findings?
Which of the following factors should not be considered when…
Which of the following factors should not be considered when deciding whether to investigate a variance?
In Jude Company, land decreased $150,000 because of a cash s…
In Jude Company, land decreased $150,000 because of a cash sale for $150,000, the equipment account increased $60,000 as a result of a cash purchase, and Bonds Payable increased $120,000 from issuance for cash at face value. The net cash provided by investing activities is:
REB Service Co. is a computer service center. For the month…
REB Service Co. is a computer service center. For the month of May, REB had the following operating statistics: Sales $450,000Operating income 25,000 Net profit after taxes 8,000 Total assets 500,000 Shareholders’ equity 200,000 Cost of capital 6% Based on the above information, which one of the following statements is correct? REB has a
This department has budgeted monthly manufacturing overhead…
This department has budgeted monthly manufacturing overhead cost of $540,000 plus $3 per direct labor hour. If a flexible budget report reflects $1,044,000 for total budgeted manufacturing cost for the month, the actual level of activity achieved during the month was
Adams Company reported a net loss of $6,000 for the year end…
Adams Company reported a net loss of $6,000 for the year ended December 31, 2017. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of $12,000 was recorded. During 2017, operating activities:
The basic difference between a master budget and a flexible…
The basic difference between a master budget and a flexible budget is that a master budget is
Kanet Company issued common stock for proceeds of $386,000 d…
Kanet Company issued common stock for proceeds of $386,000 during 2017. The company paid dividends of $80,000 and issued a long-term note payable for $95,000 in exchange for equipment during the year. The company also purchased treasury stock that had a cost of $15,000. The financing section of the statement of cash flows will report net cash inflows of: