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# Management Accounting

### With the information given, compute the cost of direct materials

1. A company's overhead rate is 60% of direct labor cost. Using the following incomplete accounts, determine the cost of direct materials used Goods in Process Inventory Beginning Balance. 100,800 D.M. ? D.L. ? O.H. ? F.G. ? End Balance 131,040 Factory Overhead 93,24

### Victoria Kite Co: Prepare a master budget; contribution margin per haircut for Andre

7-B1 Prepare Master Budget GP 4 Victoria Kite Company, a small Melbourne firm that sells kites on the Web, wants a master budget for the three months beginning January 1, 2008. It desires an ending minimum cash balance of \$5,000 each month. Sales are forecasted at an average wholesale selling price of \$8 per kite. Merchan

### Equity vs Debt to capitalize a firm. What is an appropriate mix?

What are some of the advantages/disadvantages of using equity versus using debt to capitalize a firm and how would you decide the appropriate debt to equity mix for a specific firm?

### Schafer Company: Calculate year 1 annual net cash inflow

Schafer Company is considering an investment in equipment costing \$30,000 with a five-year life and no salvage value. Schafer uses straight-line depreciation and is subject to a 34 percent tax rate. The expected net cash inflow before depreciation and taxes is projected to be \$15,000 per year. The year 1 annual net cash inflow i

### Anaconda Mining Company: Estimate shipping costs for May

Anaconda Mining Company shipped 9,000 tons of copper concentrate for \$450,000 in March and 11,000 tons for \$549,000 in April. Shipping costs for 12,000 tons to be shipped in May would be expected to be: \$548,780 \$549,020 \$594,000 \$598,500

### The Perry Company: units transferred out, cost per equivalent unit, conversion

Part 7: The Perry Company Perry Company. has the following information for November: Beginning Work in Process Inventory (70% complete as to conversion) 6,000 units Started 24,000 units Ending Work in Process Inventory (10% complete as to conversion) 8,500 units Beginning WIP Inventory Costs: Material \$23,400

### Microsoft Goal Seek Calculations (sales units, price per unit, total variable cost)

** Please see the attached files for the complete problem description ** Can you help me get started with this assignment? Given attached balance sheet data, use MS GoalSeek to calculate. 1. Sales units needed to produce net income of \$5,000 2. Sales price per unit needed to produce net income of \$5,000 with 10,000 uni

### Common Cost Allocation at Wal-Mart

Retrieve any report in Wal-Mart that allocates common costs to a division, product, or service. Recast that report with unallocated costs and comment on the usefulness of that revised report. If you cannot identify specific actual amounts, make a reasonable estimate and apply the tool as if the data were factual. If you

### Benefits of risk management..

1. What are the benefits of risk management? What is the difference between hard and soft risk management benefits? Why would an organization choose one risk management benefit over another?

### Cost of acquistion: discuss all capitalizable costs of a machine versus current expense

The invoice of a machine is \$40,000. Various other costs relating to the acquistion and installation of the machine including transportation, electrical wiring, special base, and so on amount to \$7,500. The machine has an estimated life of 10 yrs, with no residual value at the end of that period. The owner of the business su

### MA_U10_12-17: managerial accounting, work in process, factory overhead, Putnam

MA_U10_12-17: please see the attachment for the problems. 12. One of the following will not be found on the balance sheet of a manufacturing company: _______. cost of goods sold materials work in process finished goods 13. What is the purpose of the Statement of Cost of Goods Manufa

### Variable v Absorption: Youngstown & Chan Manufacturing; Dallas Cleaning, step down

Please see attached two problems on the first tab of the Excel spreadsheet, and the third problem on the second tab of the Excel spreadsheet.

### How to calcuate the selling cost is shown.

Lim Clothing Company manufactures its own designed and labeled sports attire and sells its products through catalog sales and retail outlets. While Lim has for years used activity-based costing in its manufacturing activities, it has always used traditional costing in assigning its selling costs to its product lines. Selling cos

### Managerial accounting: 25 MCQ

1. The Euro Company sells two kinds of luggage. The company projected the following cost information for the two products: The company's total fixed costs are expected to be \$280,000. Based this information, what is the combined number of units of the two products that would be required to breakeven (round your answer to th

### Capacity Costs: K's Cornerspot. Recompute costs and choose a cost driver

Capacity costs K's Cornerspot, a popular university eatery in a competitive market, has seating & staff capacity to serve about 600 lunch customers every day. For the past 2 months, demand has fallen from its previous near-capacity level. Concerned about his declining profit, K decided to take a closer look at its costs. He c

### Managerial Accounting E10-1: preparing a standard cost card for Alpha SR40

Exercise 10-1 Setting Standards; Preparing a Standard Cost Card [LO1] Svenska Pharmicia, a Swedish pharmaceutical company, makes an anticoagulant drug. The main ingredient in the drug is a raw material called Alpha SR40. Information concerning the purchase and use of Alpha SR40 follows: Purchase of Alpha SR40: The raw

### variable cost per unit.

PLEASE SEE ATTACHMENTS 7. From PE 21-1A what is the variable cost per unit? \$28 per unit \$50 per unit \$72 per unit \$36 per unit 8. From PE 21-2A what is the contribution margin ratio? 20% 18% 10% 9% 9. From PE 21-3A what is the break-ev

### Cost accumulation-definition,methods and steps

Briefly describe and draw a diagram of the cost accumulation process for a traditional manufacturing company.

### Managerial: How do job costing, operations costing and process costing differ?

How do job costing, operations costing and process costing differ? Provide two typical examples of products or organizations for each system.

### MCQ: prime cost; cost of goods manufactured; managerial information

4. Which of the following is not a prime cost? a) Supervisor's wages b) Direct labor wages c) Machine operator wages d) Assembly line wages 5. What is the purpose of the Statement of Cost of Goods Manufactured? a) to determine the ending materials inventory b) to d

### Managerial for Selling Division and Buying Division: transfer price, net income of both

A company has two divisions, the Selling Division and the Buying Division. The Selling Division manufactures an intermediate product and then "sells" them to the Buying Division, which completes the product and sells the final product to retailers. The market price for the Buying Division to purchase one unit of the intermediate

### Managerial accounting

A company has two divisions, the Selling Division and the Buying Division. The Selling Division manufactures an intermediate product and then "sells" them to the Buying Division, which completes the product and sells the final product to retailers. The market price for the Buying Division to purchase one unit of the intermediate

### Managerial accounting

A company has two divisions, the Selling Division and the Buying Division. The Selling Division manufactures an intermediate product and then "sells" them to the Buying Division, which completes the product and sells the final product to retailers. The market price for the Buying Division to purchase one unit of the intermediate

### Managerial accounting

A company currently operates two stores, Uptown and Midtown: Last year's results Uptown Midtown Sales revenues \$300,000 \$400,000 Variable costs (120,000) (140,000) Contribution margin \$180,000 \$260,000 Store related fixed costs (100,000) (100,000) Allocated common fixed costs (90,0

### Managerial accounting

A company has two divisions, the Selling Division and the Buying Division. The Selling Division manufactures an intermediate product and then "sells" them to the Buying Division, which completes the product and sells the final product to retailers. The market price for the Buying Division to purchase one unit of the intermediate

### Cintax Cost Behavior and Decisions

Cintas Company produces a line of cleaning products for both industrial and household use. While most of the company's products are processed independently, a few are related, such as Pearl and Satin Polish. Pearl is an abrasive cleaner used in industrial application. It costs \$1.60 per pound to produce and sells for \$2.40

### Managerial Accounting - Part Six

1. The management of Giammarino Corporation is considering introducing a new product--a compact barbecue. At a selling price of \$78 per unit, management projects sales of 10,000 units. Launching the barbecue as a new product would require an investment of \$100,000. The desired return on investment is 11%. The target cost per bar

### In order to properly report segment margin as a guide to long-run segment profitability and performance, fixed costs must be separated into two broad categories.

1. In order to properly report segment margin as a guide to long-run segment profitability and performance, fixed costs must be separated into two broad categories. One category is common fixed costs. What is the other category? a. discretionary fixed costs b. committed fixed costs c. traceable fixe

### HGTC Company uses a standard cost system for its single product.

HGTC Company uses a standard cost system for its single product. The following data are available: Actual experience for the current year: Purchases of raw materials (15,000 yards at \$13) \$195,000 Raw materials used 12,000 yards Direct labor costs (10,200 hours at \$10) \$102,000 Actual variable overhead

### Calculating the total manufacturing cost per unit

Need some help with just this one question... Conversion cost per unit equals \$6.00. Total materials cost equals \$40,000. Equivalent units for materials are 20,000. How much is the total manufacturing cost per unit? A) \$8.00 B) \$6.00 C) \$10.00 D) \$2.00