Anderson corporation has provided the following production and average cost data for two levels of monthly production volume. the company produces a single product. production volume 4,000 units 5,000 units direct materials $ 99.20 per unit $ 99.20 per unit direct labor $ 45.50 per unit $ 45.50 per unit manufacturing overhead $ 94.00 per unit $ 77.60 per unit the best estimate of the total monthly fixed manufacturing cost is:

(a) $388,000
(b) $954,800
(c) $376,000
(d) $328,000

Materials purchases (on credit). direct materials used in production. direct labor paid and assigned to work in process inventory. indirect labor paid and assigned to factory overhead. overhead costs applied to work in process inventory. actual overhead costs incurred, including indirect materials. (factory rent and utilities are paid in cash.) transfer of jobs 306 and 307 to finished goods inventory. cost of goods sold for job 306. revenue from the sale of job 306. assignment of any underapplied or overapplied overhead to the cost of goods sold account. (the amount is not material.) 2. prepare journal entries for the month of april to record the above transactions.

Select all that apply. select the ways that labor unions can increase wages. collective bargaining reducing the labor supply increasing the demand for labor creating monopolies

Suppose a holiday inn hotel has annual fixed costs applicable to its rooms of $1.2 million for its 300-room hotel, average daily room rents of $50, and average variable costs of $10 for each room rented. it operates 365 days per year. the amount of operating income on rooms, assuming an occupancy* rate of 80% for the year, that will be generated for the entire year is *occupancy = % of rooms rented