[The following information applies to the questions displaye…

[The following information applies to the questions displayed below.]Aztec Industries produces bread which goes through two operations, mixing and baking, before it is ready to be packaged. Next year’s expected costs and activities are shown below.   Mixing Baking Direct labor hours   400,000 DLH   80,000 DLH Machine hours   800,000 MH   800,000 MH Overhead costs $ 600,000   $ 400,000   Compute Aztec’s departmental overhead rate for the mixing department based on direct labor hours.

Budgeted sales in Acer Corporation over the next four months…

Budgeted sales in Acer Corporation over the next four months are given below:   September October November December Budgeted sales $120,000 $140,000 $180,000 $160,000   Thirty percent of the company’s sales are for cash and 70% are on account. Collections for sales on account follow a stable pattern as follows: 50% of a month’s credit sales are collected in the month of sale, 30% are collected in the month following sale, and 20% are collected in the second month following sale. Given these data, cash collections for December should be (PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR):

Zanny Electronics Corporation uses a standard cost system fo…

Zanny Electronics Corporation uses a standard cost system for the production of its water ski radios. The direct labor standard for each radio is 0.9 hours. The standard direct labor cost per hour is $7.20. During the month of August, Zanny’s water ski radio production used 6,600 direct labor-hours at a total direct labor cost of $48,708. This resulted in production of 6,900 water ski radios for August. What is Zanny’s labor rate variance for August? PLEASE SHOW YOUR WORK BY USING THE HONORLOCK ON-SCREEN CALCULATOR.