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managerial accounting. this is all the info i was given Compute the following four items for Movable Mandy Corporation: (show your work) 1) The average
managerial accounting. this is all the info i was given
Compute the following four items for Movable Mandy Corporation: (show your work) 1) The average cost of producing one unit of equipment for the year. Round to nearest penny Round to nearest 0.00% 2) The gross profit margin. B 10 11 12 3) The prime costs 13 14 15 16 17 4) The conversion costs. 18 19 6,500 165 276 The number of conveyors produced by Movable Mandy Corporation the current year. The number of conveyors in beginning inventory. The number of conveyors in ending inventory. The accounting records provided the following information: Purchases of raw materials 850,000 Beginning materials inventory 54,450 Ending materials inventory 93,840 Direct labor cost 956,000 Indirect labor cost 219,000 Rent on the factory building 36,000 Utilities on the factory building 12,000 Rent on the adminstration building 60,000 Utilities on the administration building 3,000 Administration salaries 345,000 Salespersons commissions 225,000 Salespersons auto expense 38,600 Office expense 4,800 Factory supplies 22,000 Repairs on factory equipment 24,500 Repairs on office equipment 3,200 Insurance on factory building & equipment 3,900 Insurance on office building & equipment 2,200 Depreciation of factory equipment 46,000 Depreciation of office equipment 16,000 7 Beginning work in process inventory 31,000 B Ending work in process inventory 42,000 9 Beginning finished goods inventory 61,050 Ending finished goods inventory 102, 120 1 2 Step by Step Solution
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