ACCT 505 Final Exam Guide( New) Set 3
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Estimated machine hours 37,000 Estimated variable manufacturing overhead $ 7.77 per machine hour Estimated total fixed manufacturing overhead $ 888,000 The actual machine hours for the year turned out to be 35,000. Required: Compute the company ' s predetermined overhead rate.( Points: 25)
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ACCT 505 Final Exam Guide( New) Set 3
For more course tutorials visit www. uophelp. com
( TCO E) Preparing purchase orders is a( n)( Points: 5) batch-level activity. product-level activity. unit-level activity. organization sustaining activity. 2.( TCO G) Given the following data, what would ROI be? Sales $ 70,000 Net operating income $ 10,000 Contribution margin $ 20,000 Average operating assets $ 50,000 Stockholder ' s equity $ 25,000( Points: 5) 28.6 % 20.0 % 40.0 % 50.0 % 3.( TCO C) Heckaman Corporation produces and sells a single product. Data concerning that product appear below. Selling price per unit $ 115.00 Variable expense per unit $ 56.35 Fixed expense per month $ 299,115