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    Management Accounting

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    SJU Hawk Company:Compute the amount of variable cost per unit

    SJU Hawk Company has fixed costs of $40,000. Its product sells for $100. The company desires to make a profit of 20,000. The company accountant has determined that 2400 units is the sales volume needed to achieve its target. What is the company's variable cost per unit?

    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

    Which cost driver for support overhead costs would you choose

    Please see the attached file. 1)Which cost driver for support overhead costs would you choose? Explain. 2) Chu anticipates 2,600 machines-hours and 300 batches for next month. Using the cost driver you chose in requirement 1, what amount of support overhead cost should Chu budget? 3) Chu adds 20% to costs to determi

    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

    COST SYSTEM

    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 vs.company 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

    Process cost system

    A company uses a process cost system. The following data applies to January 2001. Beginning work in process 5,000 Started during the period 50,000 Ending work in process 2,000 The ending work in process inventory is 90% complete. The total number of equivalent units for January was:

    Non-traceable costs, fixed cost

    1. If non-traceable costs are not allocated to the various operating units within an organization, who ends up paying these costs? 2. Some firms have a lot of fixed costs and few variable costs, while other firms are configured the other way around. What affect do you think the existence of a high proportion of fixed costs h

    Fixed costs: Example problem

    Projected costs information for two products: Unit selling price $250 $120 Unit variable costs $110 $80 number of units produced and sold 6,000 4,00 Company total fixed costs are expected to be $280,000 based on this information, what is the combined number of the two units tha

    Variable cost: Example problem

    Need assistance in solving the following problem. If a company sells a product at $60.00 per unit that has unit variable costs of $40.00 The co break-even sales volume is $120,000 How much profit will the company make if it sells 4,000 units? Please explain.

    Cost per unit

    Blue mountain products sells a variety of camping products. Recently the company opened a new plant to manufacture a light-wight, self-standing tent. Cost and sales data for the first month of operations are attached in the excel sheet. 1. Assuming the company uses absorption costing, do the following: 1.calcul

    Calculating the value of a building acquired by Janel Co

    Janel Co acquired a building valued at $120,000 for property tax purpose in exchange for$8,000 shares of its 5 par common stock. The stock is selling for $15 per share. At what amount should the building be recorded by Janel Co.?

    Cash Conversion Cycle for Hopewell

    The Hopewell Pharmaceutical Company's balance sheet and income statement for the last year (please see attached excel spreadsheet) A. Determine Hopewell's cash conversion cycle B. Give an interpretation of the value computed in (a)

    Cash discount, cash conversion cycle

    1) Gouge-M is considering adding a cash discount to its credit terms. If Gouge-M offers 3 / 15 net 30 rather than its current net 30 policy, what annualized rate is the company charging customers who do not take the discount? Assume a 365-day year. a. 7.526 percent b. 37.629 percent c. 70.874 percent d. 75.258

    Calculating unit cost

    A company produced 14,000 clay units this month. The cost information for the company for the month is below: Clay - $14,000 Paint - 7,000 Factory labor - 28,000 Supervisory labor - 15,000 Kiln and wheel depreciation - 3,000 Sales commissions - 1,400 Electricity for kiln - 3,000 Advertising - 2,000 Administrative exp