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andrew11 [14]
3 years ago
10

Job-Order Cost Sheets, Balance in Work in Process and Finished Goods Prull Company, a job-order costing firm, worked on three jo

bs in July. Data are as follows: Job 86 Job 87 Job 88 Balance, July 1 $15,310 $4,250 $0 Direct materials $4,450 $10,300 $13,150 Direct labor $16,000 $12,200 $24,000 Machine hours 500 300 1,000 Overhead is applied to jobs at the rate of $10 per machine hour. By July 31, Jobs 86 and 88 were completed. Jobs 82 and 86 were sold. Job 87 remained in process. On July 1, the balance in Finished Goods was $49,000 (consisting of Job 82 for $25,600 and Job 84 for $23,400). Prull prices its jobs at cost plus 20%. During July, variable marketing expenses were 4% of sales, and fixed marketing expenses were $1,275; administrative expenses were $3,900. (Round all amounts to the nearest dollar.)

Business
1 answer:
vladimir1956 [14]3 years ago
5 0

Answer:

Attached is the solution.

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In this scenario, Yater's Inc. has decided to use (B) one-brand-name strategy.

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2 years ago
Tript Corporation has a process costing system and uses the weighted-average method. The company had 3,000 units in work in proc
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Answer:

11,600 units

Explanation:

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3 years ago
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b. operating throughput

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Answer:

both existing customers who now get lower prices on the gowns they were already planning to purchase and new customers who enter the market because of the lower prices.

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Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

Let assume that the price before the sale and after the sale is $1000 and $800. The willingness to pay of customer A is $1500 and for customer b is $900

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