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Current Attempt in Progress Patricia Corporation started the year expecting to produce and sell 1 2 4 , 0 0 0 units of its super
Current Attempt in Progress
Patricia Corporation started the year expecting to produce and sell units of its superinsulating coffee mugs, but it ended the
year having produced and sold even more than that units. Needless to say, owners Eli and his sister Anna were thrilled to
have exceeded sales goals for the year. By the end of the third quarter, results looked promising. They were even more excited to see
the final yearend financial statements and share the great news with their crew. The actual results, along with the original master
budget for the year, are as follows.
In addition to seeing total actual results, the owners would like a more thorough analysis of many of these accounts.
a
Recreate Patricia's standard cost card for DM DL variableMOH, and fixedMOH. Specify quantity and price standards, along
with a total standard cost per unit for each. Additional information pertaining to each resource follows.
Each mug was expected to use pounds of DM
Each mug was expected to use hours of DL
Variable and fixedMOH costs are applied based on pounds of DM
Round answers to decimal places, eg
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