A 1 4)) 1396 D\' Wed Nov 25 5:53 PM Rachel Pierce a E Safari File Edit View Hist

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A 1 4)) 1396 D' Wed Nov 25 5:53 PM Rachel Pierce a E Safari File Edit View History Bookmarks Window Help ezto.mheducation.com Ch10 HWw Managerial Accounting For Managers 2nd Edition Chapter 12 Problem The Money Values (the Second Numbers) Are Incorrect... Chegg.com Come-Clean Corporation produces a variety of cleaning compounds and solutions for both industrial and household use. While most of its products are processed independently, a few are related, such as the company's Grit 337 and its Sparkle silver polish. Grit 337 is a coarse cleaning powder with many industrial uses. It costs $1.60 a pound to make, and it has a selling price of $3.20 a pound. A small portion of the annual production of Grit 337 is retained in the factory for further processing. It is combined with several other ingredients to form a paste that is marketed as Sparkle silver polish. The silver polish sells for $4.00 per jar This further processing requires one-fourth pound of Grit 337 per jar of silver polish. The additional direct costs involved in the processing of a jar of silver polish are Other ingredients Direct labor $ 0.65 1.40 Total direct cost $ 2.05 Overhead costs associated with processing the silver polish are Variable manufacturing overhead Fixed manufacturing overhead cost (per month) cost 25% of direct labor cost Production supervisor Depreciation of mixing equipment $3,400 $1,400 The production supervisor has no duties other than to oversee production of the silver polish. The mixing equipment is special-purpose equipment acquired specifically to produce the silver polish. Its resale value is negligible and it does not wear out through use Direct labor is a variable cost at Come-Clean Corporation. Advertising costs for the silver polish total $2,600 per month. Variable selling costs associated with the silver polish are 5% of sales

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A 1 4)) 1396 D' Wed Nov 25 5:53 PM Rachel Pierce a E Safari File Edit View Hist

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