Snyder Corporation manufactures drill bits and has provided the following data for 2018 as well as...
Snyder Corporation manufactures drill bits and has provided the following data for 2018 as well as 2017.
|
2018 |
2017 |
|
|
Output units |
4,800 |
4,000 |
|
Direct manufacturing labor |
4,000 |
4,000 |
|
Wages per hour |
$50 |
$40 |
|
Direct materials used |
32,000 |
25,000 |
|
Direct materials cost per pound |
$25 |
$24 |
|
Fixed factory overhead and fixed operating expenses |
$300,000 |
$300,000 |
|
Operating Income |
$1,100,000 |
$940,000 |
Snyder Corporation earned $1.1 million in operating income in 2018, a 17% increase over the $940,000 in 2017. Should management be happy with the results? You must support your answer.
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Snyder Corporation manufactures drill bits and has provided the
following data for 2018 as well as...
need help with this please PART A Miller Corporation is a manufacturer of precision drill bits....
need help with this please
PART A Miller Corporation is a manufacturer of precision drill bits. The following information pertains to operations during the 2018 calendar year. Sales Revenue Direct Factory Labor Indirect materials used Indirect Factory Labor Total Depreciation Total Utilities a Distribution & Customer Service Costs Insurance on Plant & Equipment Property Taxes Administrative Wages & Salaries Advertising Expenses Sales Commission $13,075.000 3.390,600 314,250 1,232,250 400,000 525.000 67,600 85.000 90,000 876,500 77.500 6% of Sales Revenue of the...
i meed part b andwered PART A Miller Corporation is a manufacturer of precision drill bits....
i meed part b andwered
PART A Miller Corporation is a manufacturer of precision drill bits. The following information pertains to operations during the 2018 calendar year. Sales Revenue Direct Factory Labor $13.075,000 3.390,600 314,250 Indirect materials used Indirect Factory Labor Total Depreciation Total Utilities2 Distribution & Customer Service Costs 1,232,250 400,000 525,000 67,600 Insurance on Plant & Equipment Property Taxes 3 Administrative Wages & Salaries Advertising Expenses Sales Commission 85,000 90,000 876.500 77.500 6% of Sales Revenue Of the...
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pls
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pls help!!!thx ABC Corporation manufactures lamps. It has set up the following standards per finished unit...
pls
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need help with this please
PART A Miller Corporation is a manufacturer of precision drill bits. The following information pertains to operations during the 2018 calendar year. Sales Revenue Direct Factory Labor Indirect materials used Indirect Factory Labor Total Depreciation Total Utilities a Distribution & Customer Service Costs Insurance on Plant & Equipment Property Taxes Administrative Wages & Salaries Advertising Expenses Sales Commission $13,075.000 3.390,600 314,250 1,232,250 400,000 525.000 67,600 85.000 90,000 876,500 77.500 6% of Sales Revenue of the...
i meed part b andwered
PART A Miller Corporation is a manufacturer of precision drill bits. The following information pertains to operations during the 2018 calendar year. Sales Revenue Direct Factory Labor $13.075,000 3.390,600 314,250 Indirect materials used Indirect Factory Labor Total Depreciation Total Utilities2 Distribution & Customer Service Costs 1,232,250 400,000 525,000 67,600 Insurance on Plant & Equipment Property Taxes 3 Administrative Wages & Salaries Advertising Expenses Sales Commission 85,000 90,000 876.500 77.500 6% of Sales Revenue Of the...
pls
help!!!thx
ABC Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: Direct materials: 2 lb. at $7.50 per lb. $15.00 Direct manufacturing labor: 0.3 hour at $90 per hour $27.00 The number of finished units budgeted for January 2017 was 20,000; 15000 units were actually produced. Actual results in January 2017 were as follows: Direct materials used: 2.2 lb. x 15,000 = 33,000 lbs @ $7.00/lb. Direct manufacturing...
pls
help!!!thx
ABC Corporation manufactures lamps. It has set up the following standards per finished unit for direct materials and direct manufacturing labor: Direct materials: 2 lb. at $7.50 per lb. $15.00 Direct manufacturing labor: 0.3 hour at $90 per hour $27.00 The number of finished units budgeted for January 2017 was 20,000; 15000 units were actually produced. Actual results in January 2017 were as follows: Direct materials used: 2.2 lb. x 15,000 = 33,000 lbs @ $7.00/lb. Direct manufacturing...
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