You are a new junior accountant at In View Corporation, maker of lenses for eyeglasses....
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Accounting
You are a new junior accountant at In View Corporation, maker of lenses for eyeglasses. Your company sells genericquality lenses for a moderate price. Your boss, the controller, has given you the latest month's report for the lens trade association. This report includes information related to operations for your firm and your closest competitor for September The report also includes information related to the industry benchmark for lens manufacturers for each line item in the report. You are Firm A and your closest competitor is Firm B Click the icon to view the data. Read the requirements. Requirement Calculate the total variable cost per unit for each firm. Compute the percent of total for the material, labor, and variable overhead components. Round all cost amounts to the nearest cent. Round the percentages to two decimal places. Due to Data table
You are a new junior accountant at In View Corporation, maker of lenses for eyeglasses. Your company sells genericquality lenses for a moderate price. Your boss, the controller, has given
you the latest month's report for the lens trade association. This report includes information related to operations for your firm and your closest competitor for September The report also
includes information related to the industry benchmark for lens manufacturers for each line item in the report. You are Firm A and your closest competitor is Firm B
Click the icon to view the data.
Read the requirements.
Requirement Calculate the total variable cost per unit for each firm. Compute the percent of total for the material, labor, and variable overhead components. Round all cost amounts to the
nearest cent. Round the percentages to two decimal places. Due to
Data table
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