Exercise 25-3 stefani company has gathered the following information about its product. direct materials: each unit of product contains 3.40 pounds of materials. the average waste and spoilage per unit produced under normal conditions is 0.10 pounds. materials cost $2 per pound, but stefani always takes the 5.00% cash discount all of its suppliers offer. freight costs average $0.45 per pound. direct labor. each unit requires 2.80 hours of labor. setup, cleanup, and downtime average 0.10 hours per unit. the average hourly pay rate of stefani’s employees is $13.10. payroll taxes and fringe benefits are an additional $3.00 per hour. manufacturing overhead. overhead is applied at a rate of $5.90 per direct labor hour. compute stefani’s total standard cost per unit. (round answer to 2 decimal places, e. g. 1.25.) total standard cost per unit $

For each separate case below, follow the 3-step process for adjusting the prepaid asset account at december 31. step 1: determine what the current account balance equals. step 2: determine what the current account balance should equal. step 3: record the december 31 adjusting entry to get from step 1 to step 2. assume no other adjusting entries are made during the year. a. prepaid insurance. the prepaid insurance account has a $4,700 debit balance to start the year. a re- view of insurance policies and payments shows that $900 of unexpired insurance remains at year-end. b. prepaid insurance. the prepaid insurance account has a $5,890 debit balance at the start of the year. a review of insurance policies and payments shows $1,040 of insurance has expired by year-end. c.prepaidrent.onseptember1ofthecurrentyear,thecompanyprepaid$24,000 for 2 years of rentfor facilities being occupied that day. the company debited prepaid rent and credited cash for $24,000.

When a company produces and sells x thousand units per week, its total weekly profit is p thousand dollars, where upper p equals startfraction 800 x over 100 plus x squared endfraction . the production level at t weeks from the present is x equals 4 plus 2 t. find the marginal profit, startfraction dp over dx endfraction and the time rate of change of profit, startfraction dp over dt endfraction . how fast (with respect of time) are profits changing when tequals8?

Warner inc. sells a high-speed retrieval system for mining information. it provides the following information for the year. budgeted actual overhead cost $965,700 $905,000 machine hours 58,570 49,200 direct labor hours 107,300 104,200 overhead is applied on the basis of direct labor hours. compute the predetermined overhead rate. predetermined overhead rate $ per direct labor hour link to text determine the amount of overhead applied for the year. the amount of overhead applied $