Question
Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,400, variable costs are $800, and fixed costs are $110,000. How
Stephanie's Bridal Shoppe sells wedding dresses. The average selling price of each dress is $1,400, variable costs are $800, and fixed costs are $110,000. How many dresses must the Bridal Shoppe sell to yield after-tax net income of $21,000, assuming the tax rate is 30%? A. 312 dresses B. 184 dresses C. 234 dresses OD. 219 dresses For 2018, Franklin Manufacturing uses machine - hours as the only overhead cost - allocation base. The estimated manufacturing overhead costs are $300,000 and estimated machine hours are 40,000. The actual manufacturing overhead costs are $520,000 and actual machine hours are 50,000. Using job costing, the 2018 budgeted manufacturing overhead rate is (Round the final answer to the nearest cent.) A. $6.00 per machine - hour B. $10.40 per machine - hour C. $7.50 per machine - hour D. $13.00 per machine - hour The Charmatz Corporation has a central copying facility. The copying facility has only two users, the Marketing Department and the Operations Department. The following data apply to the coming budget year: Budgeted costs of operating the copying facility for 300,000 to 500,000 copies: Fixed costs per year Variable costs Budgeted long-run usage in copies per year. Marketing Department Operations Department Budgeted amounts are used to calculate the allocation rates. $61,000 7 cents (0.07) per copy 100,000 copies 400,000 copies Actual usage for the year by the Marketing Department was 80,000 copies and by the Operations Department was 320,000 copies. If a single-rate cost - allocation method is used, what amount of copying facility costs will be budgeted for the Marketing Department? (Round any intermediary calculations to the nearest cent.) A. $7,000 OB. $19,200 OC. $12,200 OD. $22,250
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