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List the components (costs) that are included in manufacturing overhead.

A packaging company produces a variety of cardboard boxes in an automated process. Expected production per month is 160,000 units. The required direct materials costs $0.30 per unit. Variable manufacturing overhead costs are $24,000 per month and are allocated based on units of production. Direct labour is budgeted to be $6,400. The company only produces based on customer orders, so all production is considered sold as it is produced. Revenue for the month will be $240,000. What is the budgeted contribution margin per unit?

Explain how a flexible budget differs from a regular budget by outlining how the amounts of the flexible budget are calculated. 

List three benefits (control features) of standard costs.

A company has prepared the following sales budget: Month Cash Sales Credit Sales May $16,000 $68,000 June 20,000 80,000 July 18,000 74,000 August 24,000 92,000 September 22,000 76,000 Collections are 40% in the month of sale, 45% in the month following the sale, and 10% two months following the sale. The remaining 5% is expected to be uncollectible.Calculate the amount of cash collections for 1) July,  2) August, and 3) September.  Enter the amount of cash collected in box 1, 2, and 3.  Use whole numbers (no decimal places) and do not use dollar signs. Enter your answers only – do not show your calculations. 

Use the following cost information to record the usage of direct and indirect materials in the factory.  Format your answer as dr xxxxx account name $xxx and cr xxxx account name $xxx.

Show all your work on paper and scan or take picture to submit the work 13A.   Researchers measured the reaction time to brake during a driving simulation.A sample of 20 healthy adults (age 55–65) had a mean reaction time = 0.72 sec, with standard deviation = 0.11 sec.A group of 18 adults diagnosed with Mild Cognitive Impairment (MCI) had a mean = 0.80 sec, with standard deviation = 0.15 sec.Using α = 0.025, test whether the MCI group has a significantly slower mean reaction time. assume that the standard deviation of both population is same.                      (6 points      13B.  Study shows that 16 of 200 tractors produced on one assembly line required extensive adjustments, while the same was true for 14 of 400 tractors produced on another assembly line.  Calculate the confidence level if the CI is between 0.005 and 0.085.       (5 points)  

Show all your work on paper. write the Z-values from the table then plug into the formula Alternative hypothesis is p > 0.8 and α = 0.05, what is the value of β(0.75) for n = 100? Use the following formula.

Bonus 3 (1 pt): Keeping in mind your instructor’s pet peeves, which of these sentence(s) is grammatically correct? 

Show all your work on paper. write the Z-values from the table then plug into the formula. Null p = 0.8, Alternative p