Question
Use below information for Questions 14 to 15: Company X produces dining chairs and tables. The following budget information is available: Item Dining Chairs Tables
Use below information for Questions 14 to 15:
Company X produces dining chairs and tables. The following budget information is available:
Item Dining Chairs Tables Total Cost
Machine Setups 250 600 TL48,100
Inspections 250 470 TL72,000
Labor hours 2,100 2,410
Q-14) Compute total machine setups and inspection costs assigned to Dining Chairs, using plantwide method if the allocation base is labor hours.
Q-15) Compute total machine setups and inspection costs assigned to Tables, using ABC.
Q-16) A company has a unit contribution margin of $125 and a contribution margin ratio of 41%. What is the unit selling price?
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Cima Official Exam Practice Kit Financial Accounting And Tax Principles 2008 Edition
Authors: Mike Rogers, John Dunn
4th Edition
0750686901, 978-0750686907
