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Please answer all questions if possible! (Please write out correct answer and whether its A, B, C or D.) Thank you! Rordan Corporation expects to

Please answer all questions if possible! (Please write out correct answer and whether its A, B, C or D.) Thank you! image text in transcribed
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Rordan Corporation expects to sell 78,000 units for the year. Its beginning inventory on January 1 is 6,500 units, and its desired ending inventory on December 31 is 6,000 units. Rordan's budgeted production for the year is O 90,500 units O 78,500 units 65,500 units 0 77,500 units Ashton Company plans to produce 100 units. In order to produce one unit, the company uses three pounds of direct materials. The company begins the budget period with 35 pounds of Materials inventory costing $2 per pound, for a total of $70. The company wants to leave 25 pounds in ending Materials inventory. New materials will also cost $2 per pound and are purchased on account. How many pounds of materials should the company purchase for production? 0 290 O 310' O 210 O 190 Erie Company processes a base chemical into play dough. Standard costs for direct materials, direct labor, and factory overhead incurred for the manufacture of 1,400 units of product are as follows: Standard costs Direct materials 350 pounds at $6 per pound Direct labor 140 direct labor hours at $12 per direct labor hour Variable factory overhead pre-determined overhead rate is $20 per direct labor hour Fixed factory overhead pre-determined overhead rate is $16 per direct labor hour One unit requires .25 pound of direct materials and.1 direct labor hour. What is its standard cost? O $6.30 O $4.70 O $2.70 O $1.50

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