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Question
The production budget for Greski Company revealed the following production volume for the months of July"September. Each unit produced requires 2.5 hours of direct labor. The direct labor rate is predicted to be $16 per hour in all months. Prepare a direct labor budget for Greski Company for July"September.| July | Aug | Sept | |
| Units to be produced | 620 | 680 | 540 |
Answer
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Direct labor X X
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Variable manufacturing overhead
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Direct materials
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Match the following
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Given the following data, calculate product cost per unit under variable costing.
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Q:
Tim's Tools, a manufacturer of cordless drills, began operations this year. During this year, the company produced 20,000 units and sold 18,000 units. At year-end the company reported the following income statement using absorption costing:
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Q:
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Q:
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E. $21,560
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Given the Cool Pools Company data, what is net income using absorption costing?
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Given the Scavenger Company data, what is net income using variable costing?
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D. $177,600
E. $276,250
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Given the Galaxy, Inc. data, what is net income using absorption costing?
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B. $17,400,000
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D. $16,800,000
E. $16,220,000