zelia, inc. has prepared the operating budget for the first quarter of the year. the company forecast sales of $ 50 comma 000 in january, $ 60 comma 000 in february, and $ 70 comma 000 in march. variable and fixed expenses are as follows: variable expenses: power cost (20% of sales) miscellaneous expenses: (15% of sales) fixed expenses: salaries expense: $ 10 comma 000 per month rent expense: $ 4 comma 000 per month depreciation expense: $ 1 comma 400 per month power cos

a. true

b. falseixed portion: $ 800 per month miscellaneous expenses/fixed portion: $ 1 comma 000 per month using the information above, calculate the amount of budgeted selling and administrative expenses for the month of february.

Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?

Assume a competitive firm faces a market price of $60, a cost curve of c = 0.003q^3 + 25q + 750, and a marginal cost of curve of: mc = 0.009q^2 + 25.the firm's profit maximizing output level (to the nearest tenth) is , and the profit (to the nearest penny) at this output level is $ will cause the market supply to (shift right/shift left). this will continue until the price is equal to the minimum average cost of $

Mesa company produces wooden rocking chairs. the company has two production departments, cutting and assembly. the wood is cut and sanded in cutting and then transferred to assembly to be assembled and painted. from assembly, the chairs are transferred to finished goods inventory and then are sold.mesa has compiled the following information for the month of february: cutting department assemblydepartmentdirect materials $ 73,000 $ 13,000direct labor 73,000 108,000applied manufacturing overhead 159,000 171,000cost of goods completed and transferred out 233,000 255,000required: 1, 2, 3, & 4. prepare journal entries for the transactions in the cutting and assembly departments of mesa company. (if no entry is required for a transaction/event, select "no journal entry required" in the first account field.)