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1 2 3 4 Cavy Company estimates that the factory overhead for the following year will be $1,168,200. The company has determined that the basis
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Cavy Company estimates that the factory overhead for the following year will be $1,168,200. The company has determined that the basis for applying factory overhead will be machine hours, which is estimated to be 17,700 hours. There are 4,450 machine hours for all of the jobs in the month of April. What amount will be applied to all of the jobs for the month of April? In the manufacture of 9,400 units of a product, direct materials cost incurred was $174,000, direct labor cost incurred was $113,800, and applied factory overhead was $45,500. What is the total conversion cost? a. $333,300 Ob. $45,500 Oc. $159,300 Od. $174,000 Use the information below for Nuthatch Corporation to answer the question that follow. Nuthatch Corporation began its operations on September 1 of the current year. Budgeted sales for the first three months of business- September, October, and Novemberare $241,000, $307,000, and $418,000, respectively. The company expects to sell 30% of its merchandise for cash. Of sales on account, 80% are expected to be collected in the month of the sale and 20% in the month following the sale. The cash collections expected in September from accounts receivable are estimated to be b. $134,960 Oa. $168,700 Ob. Oc. $241,000 Od. $289,200 If fixed costs are $294,000, the unit selling price is $32, and the unit variable costs are $21, what are the break-even sales (units) if fixed costs are reduced by $35,500? Oa. 18,800 units Ob. 35,250 units Oc. 28,200 units Od. 23,500 unitsStep by Step Solution
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