The following is Buffay Corporation's contribution format income statement for last month: Buffay Corp. has...
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The following is Buffay Corporation's contribution format income statement for last month: Buffay Corp. has no beginning or ending inventories. A total of 20,000 units were produced and sold last month a) What is the company's break-even in units? b) How many units would the company have to sell to attain target operating profits of $150,000 ? c) What is the company's margin of safety in dollars? The Geller Company uses a job-order costing system. The following information was recorded for September: Added During September The direct labour wage rate is $10 per hour. Overhead is applied at the rate of $5 per direct labour hour. Jobs 1, 2, and 3 have been completed and transferred to finished goods. Job 2 has been delivered to the customer a) What is the ending Work in Process inventory? b) What is the cost of goods manufactured for September
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