Bledsoe Corporation has provided the following data for the month of November:BeginningEndingRaw materials$26,000$22,000Work in process$18,000$11,000Finished Goods$49,000$57,000Additional information:Raw materials purchases$73,000Direct labor cost$93,000Manufacturing overhead cost incurred$43,100Indirect materials included in manufacturing overhead cost incurred$4,100Manufacturing overhead cost applied to Work in Process$42,000Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold. Required:Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold.

Oerstman, inc. uses a standard costing system and develops its overhead rates from the current annual budget. the budget is based on an expected annual output of 120,000 units requiring 480,000 direct labor hours.(practical capacity is 500,000 hours)annual budgeted overhead costs total $772,800, of which $556,800 is fixed overhead. a total of 119,300 units, using 478,000 direct labor hours, were produced during the year. actual variable overhead costs for the year were $260,400 and actual fixed overhead costs were $555,450.required: 1. compute the fixed overhead spending variance and indicate if favorable or unfavorable.2. compute the fixed overhead volume variance and indicate if favorable or unfavorable.

If the ceo of a large, diversified, firm were filling out a fitness report on a division manager (i. e., "grading" the manager), which of the following situations would be likely to cause the manager to receive a better grade? in all cases, assume that other things are held constant. a. the division's basic earning power ratio is above the average of other firms in its industry. b. the division's total assets turnover ratio is below the average for other firms in its industry. c. the division's debt ratio is above the average for other firms in the industry. d. the division's inventory turnover is 6, whereas the average for its competitors is 8.e. the division's dso (days' sales outstanding) is 40, whereas the average for its competitors is 30.

Asap! the following information is given for tripp company which uses the indirect method.