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Management Accounting

Managerial accounting problems: Premier, Harker, Arvada, Sheffield

16. Premier Company has budgeted the following information for June: If there is a cash shortage, the company borrows money from the bank. All cash is borrowed at the beginning of the month in $1,000 increments and interest is paid monthly at 1% on the first day of the following month. The company had no debt before Jun

Segment margin statement

Segment Margins - Following is the information on Paragon Company's three product lines: 1 2 3 Revenue $7,160,000 $1,900,000 $4,200,000 Variable Cost % of sales 60% 50% 40% Other Costs

Managerial Accounting

1. Return On Investment measurement issues.. Green Company has prepared the following information for three of its divisions: Divison Historical Costs of Investments Division Oprtng Income X $560,000 $66,500 Y $532,000 $64,400 Z $350,000 $43,120 A. Compute each division's return on investment and re

Percentage markups on cost

What percentage markups on cost are equivalent to the following percentage markups on selling price (retail): Discuss importance 20, 37.5, 50, and 66 2/3? What percentage markups on selling price are equivalent to the following percentage markups on cost: 33 1/3, 20, 40, and 50? Discuss importance.

Excel Templates to solve managerial accounting problems: Lewis Manufacturing

Instructions for the Microsoft Excel Templates Detail and information on Excel is contained within the manual. Striking the "F1" key or following the path "Windows>Excel Help" will invoke the Office Assistant and bring up one of several help menus. Type your name into the cell "D5". This will be copied by formula to th

Managerial Accounting

07. Coolidge Company estimates that its production workers will work 125,000 direct labor hours during the upcoming period and that overhead costs will amount to $500,000. What predetermined overhead rate would be used to apply overhead to production during the period? A) $0.25 per direct labor hour B) $4.00 per direct la

Managerial accounting

Accounting 560/561 MANAGERIAL ACCOUNTING I will need help for EXERCICE 5-1; 5-2; 5-3; 5-4; 5-7; AND 5-9 (see attached)

Bauman Company and Annual Variable Operating Costs

See attachment for proper table format. 11-64 Bauman Company, which has a cost of capital of 15%, is thinking of replacing an existing piece of production equipment with new equipment. The following data relate to the analysis: Old Machine New Machine Future Life Exp

Management Accounting for the Far Corporation

Question 1 The management of The Far Corporation wishes to set the selling price on a new product using the absorption costing approach to cost-plus pricing. You are provided with the following estimates for the new product: Per Unit Total Direct materials R31 Direct labor R11 Variable manufacturing overhead

Effects of Inventory Management on Cash Coversion and COG

Please discuss the effects of inventory management on cash conversion cycle and cost of goods for the firm. What does this mean to the overall strategy of the firm both the short-term and long-term. Provide examples where possible.

Walters Manufacturing: annual financing cost of commercial paper financing

Walters Manufacturing Company has been approached by a commercial paper dealer offering to sell an issue of commercial paper for the firm. The dealer indicates that Walters could sell a $5 million issue maturing in 182 days at an interest rate of 6 percent per annum (deducted in advance). The fee to the dealer for selling the

Regression analysis, activity-based costing, choose cost drivers

Where Y is the monthly support overhead (Please see the attached files). 1) Plot the monthly data and the regression lines for each of the following cost function: a. Support overhead costs = a+(b*Machine-hours) b. Support overhead costs = a+(b*Number of batches) Which cost driver for support overhead costs would you cho

Activity based costing; cost analysis for Ontario, Inc.

Ontario, Inc. Manufactures two products, Standard and Enhanced, and applies overhead on the basis of direct-labor hours. Anticipated overhead and direct-labor time for the upcoming accounting period are $800,000 and 25,000 hours, respectively. Information about the company's products follows. Standard: Estimated pro

Fargo Fabrics: Cost of Equity Capital

The following financial information is available on Fargo Fabrics, Inc.: Current per-share market price = $20.25 Current per-share dividend = $1.12 Current per-share earnings = $2.48 Beta = 0.90 Expected market risk premium = 6.4% Risk -free rate (20-year Treasury bonds) = 5.2% Past 10 years earnings per share:

Managerial Economics: What are at least four characteristics of a good business

1. One of the most important skills to learn in managerial economics is the ability to identify a good business. Discuss at least four characteristics of a good business. 2. Identify and talk about at least four companies that you regard as having the characteristics listed here. 3. Suppose you bought common stock in each

Calculations for Management Accounting

Please see the attached file. A. Determine the length of the inventory conversion period. B. Determine the length of the receivables conversion period. C. Determine the length of the operating cycle. D. Determine the length of the payables deferral period. E. Determine the length of th

Financial Management: company expansion, bond issue, covenants

Mini Case - Financial Management Sam Huang is the owner of a business. Meanwhile he is examining the potential for the company's expansion. Currently, his company has a bond issue outstanding with a face value of $25 million that is due in one year. Covenants associated with this bond issue prohibit the issuance of any additi


Huge Company's tooling business unit (TBU) manufactures metal and carbon-fiber parts for the company's major products. TBU's principal focus in recent years has been to schedule its resources properly, but its manager is concerned that the current method of costing the unit's work is causing other business units to send it work

Wal-Mart: Relevant Cost Drivers and Indirect Costs

Please complete the following: I. Introduction and Overview: a. Provide a brief description of Wal-Mart Stores Inc and its history. b. An overview of the industry and where does Wal-Mart Stores Inc fit within the industry (above or below the industry average, within the industry norm, etc.). Does the Wal-Mart Stores Inc

Variable Cost: How to Calculate Break Even Sales?

3) xyc Manufactures biotech sunglasses. The variable material cost is $4.68 Per unit and variable cost is $2.27 per unit. a. What is the variable cost per unit? b. If fixed cost are $650,000during a year in which total production is $320,000 units, what are the total costs for the year? c. If the selling price is $11.99 p

Equivalent Units and Assigning Costs using Production Cost

Trying to do the following: a. Calculate the cost per equivalent unit for each of the 3 cost items and in total. b. Calculate the cost of items completed in Aug and the cost of ending work in process inventory. c. Reconcile the sum of the 2 costs in part b to the sum of beginning WIP and costs added in Aug Cost info

Cost Allocation for non-traceable costs

1. If non-traceable costs are not allocated to the various operating units within an organization, who ends up paying these costs? 2. What are some factors we might weigh to determine how much of a share of such costs to pass off to the customer? 3. Does the level of aggregation matter (e.g., division as a w

Manufacturing Cost Per Unit

The following standard cost card is provided: direct material (2lbs. @ $5.00 per lb.) $10.00 direct labor (1hr. @ $8.00 per hr.) $8.00 variable overhead (1hr. @ $3.00 per hr.) $3.00 fixed overhead (1hr. @ $2.00 per hr.) $2.00 Total overhead cost per unit $23.00 The fixed ov

Process Cost System and Cost Transferred

Company uses a process cost system. The company started march with 2,300 units in work in process-department A. During the month 4,000 units were started. At the end of the month there were 3,200 units in ending work in process-dept. A inventory that were 30% complete. The beginning work in process balance was $240,540 and total