1. Which production factor is a bottleneck? What is the normal capacity utilization for this company? 2. Calculate the cost per product.

Which of the following costs are always incremental and relevant in decision analysis?       a)  Opportunity costs and sunk costs   b)  Avoidable costs and opportunity costs   c)  Only avoidable costs   d)  Avoidable costs and sunk costs   Which of the following will increase a company's breakeven point?       a)  reducing its total fixed costs   b)  increasing the selling price per unit   c)  increasing variable cost per unit   d)  increasing contribution margin per unit

Tax Drill - Work Opportunity Credit During 2020, Lincoln Company hires seven individuals who are certified to be members of a qualifying targeted group. Each employee works in excess of 600 hours and is paid wages of $7,500 during the year. Lincoln Company's work opportunity credit is $

Speedy Auto Repairs uses a job-order costing system. The company's direct materials consist of replacement parts installed in customer vehicles, and its direct labor consists of the mechanics' hourly wages. Speedy's overhead costs include various items, such as the shop manager's salary, depreciation of equipment, utilities, insurance, and magazine subscriptions and refreshments for the waiting room. The company applies all of its overhead costs to jobs based on direct labor-hours. At the beginning of the year, it made the following estimates: Direct labor-hours required to support estimated output Fixed overhead cost Variable overhead cost per direct labor-hour Required: 1. Compute the predetermined overhead rate. 2. During the year, Mr. Wilkes brought in his vehicle to replace his brakes, spark plugs, and tires. The following information was available with respect to his job: Direct materials Direct labor cost Direct labor-hours used $ 626 $ 292 4 12,000 $ 114,000 $ 1.00 Compute Mr.…