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Acme Company produces and sells a single product. The relevant range is 200 to 600 units produced and sold per year. If Acme makes and sells 300 units during a year, the total cost per unit is $860. If Acme makes and sells 500 units during a year, the company’s total variable costs are $120,000. What is the per-unit fixed cost if 200 units are produced and sold during a year? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Acme Company applies manufacturing overhead based on machine hours. For the current year, Acme’s predetermined overhead rate is based on estimated total annual machine hours of 22,000 hours and estimated variable manufacturing overhead costs of $13.40 per machine hour. The actual machine hours worked during the current year are 21,600 hours, and the total amount of manufacturing overhead applied during the year is $388,800. What estimated total annual fixed manufacturing overhead cost amount did Acme use to compute its predetermined overhead rate?

Acme Company makes and sells a single product called a widget. In terms of the company’s cost structure, 75% of Acme’s operating costs are variable and the other 25% are fixed. Acme’s unit sales of widgets are 10% lower in Year 2 than in Year 1. Which of the following statements regarding Acme’s operating costs in Year 2 is true?

Acme Company manufactures widgets. Acme’s relevant range is 2,000 to 5,000 widgets per month. Acme’s total fixed manufacturing costs are $680,000 per month. During the month of April, Acme produces 4,000 widgets at a per-unit manufacturing cost of $324 per widget. During the month of May, Acme’s production drops from 4,000 widgets to 2,125 widgets. What is the percentage increase in the per-unit manufacturing cost of the widgets produced in May as compared to the widgets produced in April? Round to two decimal places.

In which of the following scenarios is it most likely that manufacturing overhead will be overapplied? 

Louie is a bit of a cad, and it’s not beyond him to use a trick or two to heighten his public speaking. Prior to taking the stage, he puts a small dab of menthol gel on his index finger. While pretending to rub his nose, he daubs the gel on his face, so that a few minutes later, the menthol vapors irritate his eyes slightly and he appears to start crying . . . just at the crucial moment when he concludes a tragic personal story. Ethically or nor, Louie knows how to utilize which presentational tactic?

A story line is simple enough to share with an audience if, generally, it can be:

The best eulogies focus on:

Acme Company’s direct labor costs are 45% of its total conversion costs. During the current year, Acme’s direct material costs are $225,000 and its manufacturing overhead costs are $170,500. What are the company’s direct labor costs? Round to the nearest whole dollar amount and do not enter a dollar sign or a decimal point (e.g., enter 89, not $89.00).

Jinhwa was crafting her inductive argument, and she ran her outline past her roommate, Klaus. “I’ve got a series of examples that all share common characteristics or outcomes, and those characteristics are generally considered to be reliable descriptions and predictions that are true in most situations. Whaddya think?” “Great!” Klaus replied. “Sounds like you’re using…” How would you correctly complete Klaus’s sentence?