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Author Question: Soul Socket Inc. manufactures socket wrenches. For next month, the vice president of production ... (Read 150 times)

Pineappleeh

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on: Mar 6, 2021
Soul Socket Inc. manufactures socket wrenches.
∙  For next month, the vice president of production plans on producing 4,450 wrenches per day.
∙  The company can produce as many as 5,000 wrenches per day, but is more likely to produce 4,500 per day.
∙  The demand for wrenches for the next three years is expected to average 4,250 wrenches per day.
∙  Fixed manufacturing costs per month total $374,000.
∙  The company works 22 days a month.
∙  Fixed manufacturing overhead is charged on a per-wrench basis. 

Required: 
a.What is the theoretical fixed manufacturing overhead rate per wrench for the next month?
b.What is the practical fixed manufacturing overhead rate per wrench for the next month?
c.What is the normal fixed manufacturing overhead rate per wrench for the next month?
d. What is the master-budget fixed manufacturing overhead rate per wrench for the next month?
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Marked as best answer by Pineappleeh on Mar 6, 2021

kbennett34

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Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Pineappleeh

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Reply 2 on: Mar 6, 2021
Thanks for the timely response, appreciate it

kjohnson

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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