BProblemsChapter 17-1

BProblemsChapter 17-1 - Problem 17-2 Burtis Company...

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Unformatted text preview: Problem 17-2: Burtis Company Calculation of normal selling price for 20x3 assuming continued use of full cost: 20x2 Increase 20x3 Direct material......................................................................................................................................................................... $ 4.00 $ .48* $ 4.48 Direct labor.............................................................................................................................................................................. 7.00 .84* 7.84 Indirect manufacturing............................................................................................................................................................. 4.80 .60 5.40 Selling and administrative........................................................................................................................................................ 3.50 .00 3.50 Total full cost ................................................................................................. ........................................................................................................................................................................................... 19.30 1.92 21.22 Profit (10%)............................................................................................................................................................................. 1.93 .19 2.12 Selling price.............................................................................................................................................................................Selling price....
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This note was uploaded on 12/07/2010 for the course ACCT 2030 taught by Professor Harris during the Spring '10 term at U. Memphis.

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BProblemsChapter 17-1 - Problem 17-2 Burtis Company...

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