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Memories, Inc. Required Part 1: A. What is an appropriate cost driver for allocating overhead to dolls in Year 1?
Hello Asmalhotra,
This is a separate request for help. Could you also assist with Memories, Inc. case Part 2? The attached Memories, Inc. file does not contain the solutions to the following questions D, E, F, & G. Kindly forward solutions to the following at your earliest convenience. Thank you for your help!
D. Prepare a cost of goods manufactured schedule for Year 2 using actual overhead.
E. Prepare a cost of goods sold schedule for Year 2 using actual overhead.
F. Calculate MI's operating income (before taxes) for Year 2.
G. The marketing manager estimates that Year 3 sales will be 385,000 dolls and 30,000 replicas. The production manager is concerned about being able to produce that number of figurines without incurring significant overtime or making changes in the production process. Outline the possible problems, potential objectives, and options that MI should consider.
