Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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- Requirements: • Find Current R1 and R2 And find the voltage in R3 Apply this theorem to find above 4. Norton’sarrow_forwardFanning Company and Finch Company both apply overhead to the Work in Process Inventory account using direct labor hours. The following information is available for both companies for the year. Actual manufacturing overhead Actual direct labor hours Underapplied overhead Overapplied overhead) Required Fanning Company Finch Company $ 145,750 $ 261,600 23,000 27,000 10,500 $ 21,000 a. Compute the predetermined overhead rate for each company. b. Using T-accounts, record the entry to close the overapplied or underapplied overhead at the end of the accounting period for each company, assuming the amounts are immaterial.arrow_forwardQ4 Costs: LayoffHiringInventory Totals: 246 246 30,000 Costs: $246,000 $492,000 $30,000 Cost of plan:$768,000 Planning values Starting inventory: 2,500 Starting and ending workforce: 200 Hours worked per month per hour: 360 Hours per unit: 40 Hiring cost per worker: $2,000 Layoff cost per worker: $1,000 Monthly per-unit holding cost: $1 Forecasted sales:Month Forecasted salesMarch 1,827April 1,620May 1,440June 1,179July 1,611August 2,115September 2,637October 2,502November 3,150December 3,231January 2,826February 2,331arrow_forward
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