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timed final please help Multiple Choice Question 66 It costs Sheridan Company $28 of variable costs and $16.80 of allocated fixed costs to produce an
timed final please help
Multiple Choice Question 66 It costs Sheridan Company $28 of variable costs and $16.80 of allocated fixed costs to produce an industrial trash can that sells for $84. A buyer in Mexico offers to purchase 3000 units at $34 each. Sheridan Company has excess capacity and can handle the additional production. What effect will acceptance of the offer have on net income? Decrease $32400 Increase $18000 Increase $32400 Increase $102000 Multiple Choice Question 119 Oriole Company gathered the following data about the three products that it produces: Present Product Sales Value $12600 14600 11600 Estimated Additional Processing Costs $8300 5300 3300 Estimated Sales if Processed Further $21900 18900 16900 Which of the products should not be processed further? Product C O Product A O Products A and C Product B Multiple Choice Question 110 A company has budgeted direct materials purchases of $330000 in July and $490000 in August. Past experience indicates that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month. During August, the following items were budgeted: Wages Expense Purchase of office equipment Selling and Administrative Expenses Depreciation Expense $120000 69000 46000 33000 The budgeted cash disbursements for August are $710000 $631000 $442000 $677000. Multiple Choice Question 95 Waterway Industries plans to sell 420 potted plants during April and 320 units in May. Waterway Industries keeps 15% of the next month's sales as ending inventory. How many units should Waterway Industries produce during April? 468 420 0 0 e questa Sunland Company uses flexible budgets. At normal capacity of 11000 units, budgeted manufacturing overhead is $88000 variable and $360000 fixed. If Sunland had actual overhead costs of $462000 for 14000 units produced, what is the difference between actual and budgeted costs? $14000 unfavorable $10000 favorable $24000 favorable S10000 unfavorable Step by Step Solution
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