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    Management Accounting

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    Managerial Accounting- Schedules of Expected Cash Collections and Disbursements

    Problem 9-9 Schedules of Expected Cash Collections and Disbursements [LO2, LO4, LO8] Calgon Products, a distributor of organic beverages, needs a cash budget for September. The following information is available: a. The cash balance at the beginning of September is $9,000. b. Actual sales for July and August and expected sa

    Earned Value Management

    I need help with the following assignment: Write a critical evaluation of a paper topic - Earned Value Management. Paper should go beyond simply summarizing the topic; exhibiting critical thinking or adding value through your superior analysis and relating the article to real world applications. The article is attached.

    Unit Cost Using Actual and Normal Costing

    Triple Play Sports manufactures baseball gloves. Information related to a recent production period is as follows: Estimated manufacturing overhead, 2004 = $100,000 Estimated machine hours, 2004 = 4,000 Direct labor cost, October = $5,000 Direct materials cost, October = $5,000 Supervisor's salary, October = $4,000 Factor

    Character of fixed costs when calculating break even and contribution margin

    Consider the following: Within this year your property taxes on your commercial building are not likely to change, and as such they are considered fixed; yet with a simple change in operating periods - to include up to a few years, these are more than likely to flux. (In one year the tax level on the property is a fixed cost,

    Process Costing and Managerial Accounting

    Timberline Associates uses the weighted-average method in its process costing system. The following data are for the first processing department for a recent month: Work in process, beginning: Units in process 2,400 Percent complete with respect to materials 75% Percent complete with respect to conversion 50% C

    Managerial Accounting

    Attached is a problem I need help with. Dotsero Technology, Inc., has a job-order costing system. The company uses predetermined overhead rates in applying manufacturing overhead cost to individual jobs. The predetermined overhead rate in Department A is based on machine-hours, and the rate in Department B is based on direct

    Managerial Accounting: Income Statement and Cost of Goods

    Please help solve the attached is a problem. Part A In December, Vollick Corporation had sales of $245,000, selling expenses of $23,000, and administrative expenses of $26,000. The cost of goods manufactured was $190,000. The beginning balance in the finished goods inventory account was $59,000 and the ending balance was

    Budgeting (Managerial Accounting)

    The Coat Division of Jones Fashions Manufactures a winter coat with the following standard costs: Direct Material $40 Direct Labour $60 Overhead $30 Total Unit Cost $130 The standard direct labour rate is $30 per hour, and overhead is assigned at 50% of the direct labour rate. normal direct labour hours

    Cash Conversion Cycle

    I found this posting from the solution libray: Cash conversion cycle= Inventory conversion period + Receivables conversion period - Payables deferred period = 120000/(600000/365) + 160000/(600000/365) -25000/(600000/365) =155 days=Answer 1. What does the CCC value mean? 2. Is this an adequate cash conversion cycle? 3.

    Cash conversion cycle

    Primrose Corp has $15 million of sales, $2 million of inventories, $3 million of receivables, and $1 million of payables. Its cost of goods sold is 80 percent of sales, and it finances working capital with bank loans at an 8 percent rate. 1. What is Primrose's cash conversion cycle (CCC)? 2. If Primrose could lower its

    Melville Company Unit Cost Problem for product Pong.

    The Melville Company produces a single product called a pong. Melville has the capacity to produce 60,000 pongs each year. If Melville produces at capacity, the per unit cost to produce and sell one pong as follows: Direct Materials $15 Direct Labor $12 Variable Manufacturing Overh

    Management Accounting (decision making)

    I am looking to try and understand the decision making process regarding the example below. I am hoping that based on my values I can make a better suggestion to management. Estimated Activity Overhead Cost pool Costs Product C Product D Total Machine set-up $13,630 130 160

    Managerial Accounting

    Web-books.com is an internet company that sells books on the World Wide Web. The president of the company authorized an activity-based costing study to understand the cost of various activities that are driving overhead at Web-books.com. Selected activites include: - website maintenance - costs do not vary as a function of

    Managerial Accounting

    Dynamic Products, Inc. manufactures a wide variety of products in its plant in Macon, Georgia. Management has identified the following manufacturing and administrative activities: 1. Special equipment is used to add a protective finish to various products. 2. Purchase orders are issued to acquire raw materials. 3. Facto

    Managerial Accounting

    Mallory Corporation produces two products: A and B. The company's expected factory overhead costs for the coming year are as follows: Overhead Category Estimated Costs Utilities $300,000 Indirect Materials 150,000 Indirect Labor 50,000 De

    Clean Machine target profit; how many car washes

    John is president of Clean Machines, a new car washing service that makes house calls. John has decided that his goal for the coming year is to earn a profit of $40,000. Clean Machines reported the following sales and cost information for the year just ended: Sales revenue $60,000 Less all variable 20,000

    Managerial Accounting

    Randazzo may produce 80,000 components per year for various vehicles and 5,000 per year for the corvette. Selling prices vary greatly across the product line as a result of market supply and demand. The machine shop is automated. By changing cutting tools and entering different measurements into the system a variety or produc

    The Components of the Cost of Sales

    Please help with the following problem. Provide at least 300 words and include a reference. Describe the components of the Cost of Sales (aka, Cost of Goods Sold) section of the income statement. In addition, include an example from the annual report of a publicly traded company.

    Management Policy and strategy: Facebook

    I need help in preparing a case analysis for "Facebook Faces Up." Prepare a case analysis of Case 3, "Facebook Faces Up." (PDF) Closely follow the guidelines in "Writing a Case Analysis" provided. The case analysis should be two to three pages long, double spaced. Check for correct spelling, grammar, punctuation, m

    Fixed cost & variable cost

    Television station hours for university vary. The following is for two different months: Cost Item Cost Behavior Cost Amount Broadcast hours/month Production Crew Variable July $4875 390 September $8000 640 Supe

    Cost Drivers and Activity Costs

    A VCR manufacturer has the following costs budgeted in January. Raw material and components $2,950,000 Insurance, Plant 600,000 Electricity, machinery 120,000 Electricity, lights 60,000 Engineering design

    Managerial Accounting - Profit Planning

    1. Jordan Company expects to begin operations on January 1, 2009; it will operate as a specialty sales company that sells laser pointers over the Internet. Jordan expects sales in January 2009 to total $120,000 and to increase 10 percent per month in February and March. All sales are on account. Jordan expects to collect 70 perc

    Applying Cost Classifications

    For each of the following costs, identify whether the item is a variable or fixed cost, direct or indirect cost, and controllable or uncontrollable cost. (For example: Plant Utilities would be a variable, indirect, and controllable cost.) Not all items will fit into each category. Label items that do not fit a categories as not

    Budgeting, cost benefit analysis

    Here are some of MNO Company's annual costs relating to quality: * Inspection at the end of the production process: $20,000 * Scrap from the production process: $18,000 * Design work for product improvement: $24,000 * Total costs related to customer complaints: $40,000 * Employee training: $12,000

    Motivational input

    Relate employee motivation and managerial attitudes and behaviors to employee attitudes and job satisfaction in your organization.

    Process Costing Managerial Accounting

    Thomas Company process costing for the month of October 2008. The company used the weight-average. Beginning inventory: 24,000 units(60% completed as to materials and 75% completed as to conversion costs) Ending inventory: 30,000 units(30% complete as to materials and 40% complete as to conversion costs) Units started: 60

    Managerial Accounting

    See attached file. Lavvy Candy Corporation manufactures giant gourmet suckers. The cost standards developed by Lavvy appear below. Manufacturing overhead at Lavvy is applied to production on the basis of standard direct labor-hours: Standard quantity per sucker Standard cost per ounce or hour Standard cos