Daniel, Inc., plans to sell 6200 ceramic vases. The planned selling price is $60. Direct materials...
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Daniel, Inc., plans to sell 6200 ceramic vases. The planned selling price is $60. Direct materials Direct labor Variable MOH Direct materials WIP Input standard Finished goods 3 lbs 2 hr 2 hr Fixed MOH Hint: Add Fixed MOH per unit produced (budgeted FMOH/ budgeted production) The following inventory levels apply to 20X4: Beginning inventory 900 lbs O units 400 vases Price standard How many units should be produced? $1.50/lb $10/hr $2/hr Ending inventory 10000 lbs O units 500 vases Daniel, Inc., plans to sell 6200 ceramic vases. The planned selling price is $60. Direct materials Direct labor Variable MOH Direct materials WIP Input standard Finished goods 3 lbs 2 hr 2 hr Fixed MOH Hint: Add Fixed MOH per unit produced (budgeted FMOH/ budgeted production) The following inventory levels apply to 20X4: Beginning inventory 900 lbs O units 400 vases Price standard How many units should be produced? $1.50/lb $10/hr $2/hr Ending inventory 10000 lbs O units 500 vases
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Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
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