1. What are the limitations of activity-based costing? 2. Differentiate between variable costing and absorption costing. 3. When setting a transfer price, what objective(s) should the company have in mind? 4. Standard costs facilitate management planning. What are the other advantages of standard costs? 5. Distingui
1. Of the common methods used to resolve a negotiation impasse, which do you believe is the most effective? Why? 2. Compare and contrast commonly used methods for resolving a negotiation impasse. 3. Describe how interest based bargaining is different from other techniques.
The doormat division of Clean Sweep Company produces all-vinyl mats. Each doormat calls for .4 meter of vinyl material: the material should cost $3.20 per meter. Standard direct labor hours and labor cost per format are .2 hour and $1.84 (.2x9.20 per hour), respectively. Currently the division's standard variable overhe
Richie Ventura operates a commercial painting business in Sacramento, which has a very tight labor market. Much of his work focuses on newly constructed apartments and townhouses. The following data relate to crew no. 5 for a recently concluded period when 85 apartment units were painted: -Three new employees were assig
1. Under what circumstances can employers poll employees to determine their desire to join a union? 2. Discuss the difference between an employer's support of and domination of a union.
Question 1) Evaluate the role of organizational power structures (within a business organization) in creating conflict. Question 2) Compare and contrast the following alternative methods of dispute resolution: negotiation, mediation and arbitration. What are their similarities and what are their differences? What are t
Sarter Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are planned for the year. Beginning Inventory Ending Inventory Finished goods (units) 70,000 20,000 Raw material (grams) 50,000 60,000 Each unit of finished goods requires 3 grams of raw material
Evaluate the pros and cons of union organizing from the perspective of the employer, and then from the perspective of the employees. What recommendations should be made to employers who want to remain union-free? What is the best way that they might be able to achieve that goal?
Compare and contrast the factors the might contribute to employees' voting to decertify a union.
Camping Out Co. manufactures down sleeping bags. Each sleeping bag requires 4 pounds of down and takes .3 hours of direct labor. The standard cost of the down used by Camping Out is $8 per pound and the standard labor cost is $10 per hour. In November, Camping Out purchased 15,000 pounds of down for $120,750. During the year, th
I am looking for help with the calculations on the below problems... ----------- 1. Stacker requires sales of $500,000 to cover its fixed costs of $100,000 and to earn net income of $80,000. What percent are variable costs of sales? A) 36% B) 2.77% C) 20% D) 64% 2. Which budget provides the information needed to p
Sonne Company produces a perfume called Whim. The direct materials and direct labor standards for one bottle of Whim are given in a chart in the attached document. During the most recent month, the following activity was recorded: a. Twenty thousand ounces of material were purchased at a cost of $2.40 per ounce. b. All of
Exercise 10- 9 Material and Labor Variances [LO2, LO3] Topper Toys has developed a new toy called the Brainbuster. The company has a standard cost system to help control costs and has established the following standards for the Brainbuster toy: Direct materials: 8 diodes per toy at $0.30 per diode Direct labor: 1.2 hours pe
Exercise 9-4 Direct Labor Budget [LO5] The Production Department of the Riverside Plant of Junnen Corporation has submitted the following forecast of units to be produced at the plant for each quarter of the upcoming fiscal year. The plant produces high-end outdoor barbecue grills. 1st Quarter 2nd Quarter 3rd Quarter 4th Q
Throughout the corporate world, businesses are transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard, General Electric, DuPont, Sun Microsystems, and British Airways. Discuss whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating di
Explain (utilizing specific examples) the relationship of costs and sales volume as it affects profitability.
The M & S Company uses normal costing. The following information pertains to a recent production period: Estimated manufacturing overhead = $70,000 Actual manufacturing overhead = $82,000 Machine hours = 14,000 Actual machine hours = 14,500 Estimated direct labor hours = 2,000 Actual direct labor hours = 2,300 a. Dete
Question 11: ________ is what a court does when it interprets a statute to determine the intent of the legislature when the statute was enacted. A Legislative history B Statutory construction C Judicial definition D Statutory resolution Question 12: Exemplary damages are also called A Compensato
The percentages of product costs comprised by direct materials, direct labor, and manufacturing overhead for three companies are as follows:
Importance of Manufacturing Overhead Allocation The percentages of product costs comprised by direct materials, direct labor, and manufacturing overhead for three companies are as follows: Company A Company B Company C Direct Materials.............................. 7% 21% 42% Direct Labor............................
Recently, General Motors and the United Auto Workers had to sit down and negotiate a change in the labor agreement in order to keep the company from going bankrupt. Consider what might have gone on during these negotiations and discuss how framing might have been used, and what issues might have been discussed, in order to reach
The following trial balance was taken from the records of Jones Company at the beginning of 2009. cash $5000 raw materials inventory 750 work in process inventory 1,200 finished goods inventory 2100 property, plant, and equipment 7500 accumulated depreciation
Need assistance with the following Problem 12-9 "Healing Touch" ? Problem 12-14 "Howard Binding" ? Problem 12-19 "Software Associates" ? Problem 12-22 "Trevino Golf Balls"
I have a project that includes me interviewing someone. Please see attachment for interview questions. Answer all questions in details. Thanks
You have worked in both union and non-union situations, so you're pretty well-versed in the unionizing process. Because Mildred Smit and Vice President Steve Zellner, have no experience in working with labor unions, your task is to provide them with information on the process and its impact on Busco. Using the Library and all ot
P 9-3 a. Calculate the Densian Naples plant overhead rate. b. How much overhead was absorbed to products in the Naples plant? c. Calculate the Denisan Naples plant's over- or under absorbed overhead. d. Describe the effect on income when the over- or under abosrbed overhead is written of to cost of goods sold. P 9-4 a.
The solution addresses the rights of employees in regard to unions.
Hurst Mats manufactures custom replacement floor mats for automobiles. The floor mats are made of spun nylon on highly automated, expensive machinery. Hurst manufactures two mat styles: Plush and Deluxe. Hurst's unionized work force makes it difficult for Hurst to compete on price. So far it has been able to successfully compete
** Please see the attached files for complete details! ** Please answer the following questions (12 pt. Times new roman, min. 3/4 page, single spaced) Labor Relations - Questions 1. Will you permit the union meeting to be held as scheduled tomorrow at lunch? Why or why not? 2. What efforts can you legally take to prevent
* Attached picture is a scan of the full problem. I am looking for direction as to how to complete this problem. I am not very good with managerial accounting. During March Manhattan Fabrics Corporation manufactured 1,000 units of a special multilayer fabric with the trade name Stylex. The following information from the Styl
1) It is estimated that the cost of electricity to run a machine for an entire 8-hour shift is $16. The machine can produce 200 units of product for each hour of operation. How much electricity cost is allocated to each unit of product? 2) Sebastian, an investment center manager in RKH Corporation, is trying to boost the current period's return on investment. Which of the following actions will achieve that goal? 3. Hamilton has budgeted total manufacturing overhead costs for the year as $125,000 based on 20,000 direct labor hours. The ratio of variable manufacturing overhead costs to fixed manufacturing overhead costs is 2:1. In a given month 2,000 direct labor hours are budgeted for production. How much overhead is budgeted?
1. It is estimated that the cost of electricity to run a machine for an entire 8-hour shift is $16. The machine can produce 200 units of product for each hour of operation. How much electricity cost is allocated to each unit of product? $0.01 $0.10 $1.00 cannot calculate from the informati