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Direct labor wage rate is flat $20/hour with no overtime incurred. Also, total OH costs are $380,000 for assembly and $200,000 for packing. Calculate total product cost per stereo.
Problem: ABC Co has 200 labor hours available. There is no limit on machine hours. ABC can sell all of Y it wants, but can only sell a maximum of 30 units of X and 20 units of Z.
The job required 8,000 ounces of raw material costing $26,100. a. What is the materials price variance? Show computations. b. What is the materials quantity variance? Show computations.
Assuming the financing of the expansion will be delayed accordingly, calculate the projected interest payments and the amount of projected interest tax shields through 2010.
How do functional divisions affect the structure of your organization or an organization with which you are familiar? Is it a centralized organization or an decentralized organization? Why?
What are the differences between and similarities among accounting and auditing?
Q1. What is the firm's break-even point in sales dollars? Q2. If sales should increase by 25 percent, by what percent would earnings before taxes (and net income) increase?
Compute the taxable income of Mason Gift Company and its tax liability if the corporate tax rate is 30%. (b) Outline the importance of the dividend imputation system in Australia. &n
Compute the balance in each of the following accounts at December 31, 2010, and December 31, 2011. (Round amounts to the nearest dollar.)
As the management accountant preparing the budget for the upcoming year, you know how important it is to properly classify costs as being fixed, variable, or mixed. As you are expecting to be promot
Construct a flexible budget performance report using the data provided. Show computations.
A. What is the current operating profit for the company as a whole? B. Assuming that all fixed costs are unavoidable, if Mike eliminated the unprofitable segments, what would be the new operating pr
Indicate what the income tax expense portion of the income statement for 2005 should look like. Assume all income (loss) relates to continuing operations. What entry for income taxes should be repor
What differentiates a parent company from a subsidiary company? What are the relationships between the two? How does that affect reporting?
Explain how making more products that can be sold in a period can increase a company's operating income. Should this tactic be used to increase operating income? Would this happen in service compani
Goodwill arises when one firm acquires the net assets of another firm and pays more for those net assets than their current fair market value. Suppose that Target Co. had operating income of $90,000
You're doing a yearlong occupational therapy internship at a local nonprofit preschool where some of the children have special needs. Most of these children's families are eligible for financial ass
Question 1: Compute the amount reported as net income by each company for 20X9, assuming Quill uses equity-method accounting for its investment in North. Question 2: Compute consolidated net income
For each of the items listed below, indicate whether it should be considered a differential cost (DC), an opportunity cost (OP) or a sunk cost (SC) in the decision to replace the old X-ray machine w
Q1. What is the break even point in number of pizzas that must be sold? Q2. What is the cash flow break even point in number of pizzas that must be sold?
Required: a. Compute the manufacturing overhead allocation rate for each department. b. Compute the total cost of Job #846.
Compute the overhead application rate for each activity. Put your answer in the format of an activity-based costing flexible budget.
What would be the impact on the Transistor Division if the per unit transfer price from the Transistor Division to the Systems Division were the full cost of $3.05?
If a special sales order is accepted for 5,000 sails at a price of $125 per unit, and fixed costs remain unchanged, what is the change in operating income?
Which type of production processing-job shop, batch, repetitive, or continuous --- is the primary mode of operation at Stickley Furniture? Why? What other type of processing is used to a lesser exte