CompTronics, a manufacturer of computer peripherals, has excess capacity. The company's Utah plant has the following per-unit cost structure for item no. 89: Variable manufacturing $40 Fixed manufacturing $15 Variable selling $8 Fixed selling $11 Traceable fixed administrative $4 Allocated administrative $2 The trace
Benson Company, which uses a standard cost system, budgeted $600,000 of fixed overhead when 40,000 machine hours were anticipated. Other data for the period were: Actual units produced: 10,000 Standard production time per unit: 3.9 machine hours Fixed overhead incurred: $620,000 Actual machine hours worked: 42,000 Benso
Use the folling information for the problem below: Month Utilities Machine Hours January $8,700,800 February 8,360,720 March 8,950,810 April 9,360,920 May 9,625,950 June 9,150,900 Atlanta, Inc., which uses the high-low method to analyze cost behavior, has determined that machine hours best explain the company's uti
Stetson Corporation uses target costing and sells a product for $40 per unit. The company seeks a profit margin equal to 30% of sales. If target-costing calculations revealed a need for a $4 cost reduction, the firm's current manufacturing cost must be: A. $12 B. $24 C. $28 D. $32 E. an amount other than those listed ab
1-What are likely to be the long-term critical success factors for the following types of firms? ? A high technology company, such as Microsoft ? A large, low-cost retailer, such as Kmart (b.) How useful is financial accounting data for evaluating how well these two companies are managing their critical success factors? W
As You Like It Gardening is a small gardening service that uses activity-based costing to estimate costs for pricing and other purposes. The proprietor of the company believes that costs are driven primarily by the size of customer's lawns, the size of customer garden beds, the distance to travel to customers, and the number of
1) John and Karen are both considering buying a corporate bond with a coupon rate of 8%, a face value of $1,000, and a maturity date of January 1, 2025. Which of the following statements is most correct? A)Because both John and Karen will receive the same cash flows if they each buy a bond, they both must assign the same v
WMEJ is an independent television station run by a major state university. The station's broadcast hours vary during the year depending on whether the university is in session. The station's production-crew and supervisory costs are as follows for July and September. Cost Cost Boradcast Hours Co
Target Cost - Suppose you have just started a business to manufacture your newest invention, the photon gismo.
Suppose you have just started a business to manufacture your newest invention, the photon gismo. Let's say you believe that after a few years on the market, photon gismos will sell for about $125. This allows for the introduction of similar devices by your competitors. Furthermore, let's say you want to make a profit of $25 o
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is not preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from th
If a factory is not operating at full capacity, and does not have the potential business to use up the remainder of its capacity, which cost should be ignored in a decision to produce additional units of product? variable selling expenses fixed factory overhead direct labor contribution margin of additional units Why?
Explain how the following controls of Starbucks impact the four functions of management: Operational Controls- All Starbucks stores are company owned or licensed. Product Control- Committed to selling only the finest whole beans and coffee drinks. Control of Employee training (Not sure how to word it) Every employe
1) Review the scenario attached. 2) Revise the table above assuming that non-traceable costs are not allocated. 3) Compare the evaluation of the office managers that would be made under the original table and the table you have just created. 4) Which method provides for more goal congruence? Why? Support your answer wit
The Corporation has an inventory conversion period of 57 days, a receivables collection period of 35 days, and a payables deferral period of 25 days. Its annual credit sales are $5,000,000, and its annual credit purchases are $3,500,000. a. What is the length of the firm's cash conversion cycle? b. What is the firm's in
Technology Management Paper Prepare a 700 word paper identifying at least three challenges to either employee or customer retention that managers are likely to face due to changes in technology, and describe how you would address each challenge in your role as a manager. With 2 references in paper APA format. Orginal materi
P3-36; Identifying Discretionary and Committed Fixed Costs Identify and compute TOTAL DISCRETIONARY FIXED COSTS and TOTAL COMMITTED FIXED COSTS from the following list prepared by the accounting supervisor for the Huang Building Supply. Advertising $19,000 Depreciation 47,000 Health insurance for the company'
P2-A2; Cost Volume Profit and Vending Machines Angelino Food Services Company operates and services soft drink vending machines locate in restaurants, gas stations, and factories in four southwestern states. The machines are rented from the manufacturer. In addition, Angelino must rent the space occupied by its machines. T
Please see attached file for full problem description. Like Magic Part 3 Tracy Turner has decided Like Magic could increase their revenue and profit by also selling their cream in an upscale designer jar at a higher price. Tracy had the jar designed and the staff developed projected data for the upscale jar. The propose
19. The following materials standards have been established for a particular raw material used in the company's sole product: Standard quantity per unit of output 1.0 pound Standard price $16.60 per pound The following data pertain to operations concerning the product for the last month: Actual materials purch
Custom Fiberglass Products had the following inventory balances at the beginning and ending of August 2007: August 1 August 31 Raw materials inventory $16,900 $21,700 Work-in-Process inventory 32,100 29,600 Finished goods inventory 25,800 22,600 During August, the compa
Explain how control mechanisms impact the four functions of management at Walgreens.
Golub Company manufactures three products, A, B, and C. It has three marketing managers, one for each product. During the first year of operations, the company allocated its $30,000 of actual advertising expense to products on the basis of the relative net sales of each product. In the second year, the advertising budget was inc
Beta Company produces two products, A and B, each of which uses materials X and Y. The following unit standard costs apply: Material X Material Y Direct Labor Product A 4 lbs @ $13 1 lb @ $8.50 1/5 hr @ $14 Product B 6 lbs @ $13 2 lbs@ $8.50 1/3 hr @ $14 During November, 4,200 units of A
Please see attached file for full problem description. 1. Edgar Auto Manufacturing Company produces cars for both the American and Japanese markets. It currently manufactures the transmissions that go into the cars. Hoyotsu Corp. has offered to provide transmissions to the company for $400 each. The company now produces 5,
See attached file for full problem description. EX. 1). Martz Corp. has 3 departments. Data for the most recent year is as follows: C A T Sales 4,000 1,920 2,240 Var. Expenses 3,280 1,420
Formatted MS Excel file containing information and examples that illustrate how to figure equivalent units of production and cost per equivalent unit.
(See the attachment) Problem 3 % Complete % Complete Units Materials Conversion Work in process July 1 6,000 75% 40% Work in process July 31 4,000 50% 25% Materials cost in work in process July 1 $56,000 Conversion costs in work in process July 1 $14,900 Units starte
One member of your team emailed you and stated that she believes Claire's Antiques should work to convert the fixed costs to variable costs. She wants to know if this is a good idea. Why or why not? If not, then when would it be a good idea? Reply to your friend with the answers to her questions. In your reply, identify the type
Congratulations! You have been hired by Claire's Antiques as its new accountant. Since Claire's Antiques is a small company, you will responsible for all of its accounting functions related to financial and managerial accounting. You are explaining your new role to your friend. After explaining what you do, she expressed sur
A company has two major businesses that it operates. One business manufactures and sells unicycles for commercial use in circuses, etc. (total sales of $150M), and the other sells bicycles to the public (total sales of $20M). The unicycle business occupies 75,000 square feet of the manufacturing warehouse and the bicycle busines
Motormania makes diesel engines. All direct materials are introduced at the start of the process. Conversion costs are incurred evenly throughout the process. May 1 there was no beginning WIP inventory, but 485,000 units were started. At the end of May, there were 90,000 units still in process at the 70% stage of completi