Questions from General Accounting

Q: Dvorak Company produced 1,000 units of product that required 3

Dvorak Company produced 1,000 units of product that required 3 standard hours per unit. The standard fixed overhead cost per unit is $0.60 per hour at 3,500 hours, which is 100% of normal capacity. De...

Q: Bellingham Company produced 15,000 units that require 2.5

Bellingham Company produced 15,000 units that require 2.5 standard pounds per unit at $3.75 standard price per pound. The company actually used 36,000 pounds in production. Journalize the entry to rec...

Q: Dvorak Company produced 1,000 units that require 5 standard pounds

Dvorak Company produced 1,000 units that require 5 standard pounds per unit at $2.50 standard price per pound. The company actually used 4,500 pounds in production. Journalize the entry to record the...

Q: The following are inputs and outputs to the copying process of a

The following are inputs and outputs to the copying process of a copy shop: Number of employee errors Number of times paper supply runs out Copy machine downtime (broken) Number of pages copied per ho...

Q: The manufacturing costs of Ackerman Industries for the first three months of

The manufacturing costs of Ackerman Industries for the first three months of the year follow: Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost

Q: The manufacturing costs of Carrefour Enterprises for three months of the year

The manufacturing costs of Carrefour Enterprises for three months of the year follow: Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost

Q: Bigelow Inc. sells a product for $800 per unit.

Bigelow Inc. sells a product for $800 per unit. The variable cost is $600 per unit, while fixed costs are $1,200,000. Determine (a) the break-even point in sales units and (b) the break-even point i...

Q: Elrod Inc. sells a product for $75 per unit.

Elrod Inc. sells a product for $75 per unit. The variable cost is $45 per unit, while fixed costs are $48,000. Determine (a) the break-even point in sales units and (b) the break- even point if the...

Q: Ramirez Inc. sells a product for $80 per unit.

Ramirez Inc. sells a product for $80 per unit. The variable cost is $60 per unit, and fixed costs are $2,000,000. Determine (a) the break-even point in sales units and (b) the break- even point in s...

Q: Identify the following costs as a prime cost (P), conversion

Identify the following costs as a prime cost (P), conversion cost (C), or both (B) for an automobile manufacturer: a. Wages of employees that operate painting equipment b. Wages of...