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  • (10%) Based on the following production and sales data of Shingle Co. for March of the current year, prepare (a) A sales budget (b) A productionbudget.

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  • (10%) The cost per equivalent units of direct materials and conversion in the Bottling Department of Beverages on Jolt Company is $.47 and $.15, respectively. The equivalent units to be assigned costs are as follows.The beginning work in process inventory had a cost of $3,500. Determine the cost of completed and transferred out productio

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  • (10%) The Zoe Corporation has the following information for the month March. Determine the(a) Cost of goods manufactured, (b) Cost of goods soldCost of materials placed in production ………. $69,000Direct labor ………………………………… 27,000Factory overhead …………………………… 34,000Work in process, Ma

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  • (5%) Gladstorm Enterprises sells a product for $60 per unit. The variable cost is $20 per unit, while fixed costs are $85,000. Determine the (a) Break-even point in sales units, and (b) Break-even point if the selling price was increased to $75 per unit.

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  • (5%) Snipe Company has been purchasing a component, Part Q, for $19.20 a unit. Snipe is currently operating at 70% of capacity and no significant increase in production is anticipated in the near future. The cost of manufacturing a unit of Part Q, determined by absorption costing methods, is estimated as follows: Direct materials …

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