Cost Accounting questions and answers in November 2022

Can you help me with this please? I will text you the rest because it will not fit in the photo. Thank you!. Physical Units Equivalent Units Mixing Finishing Department Department Flow of units Units ...
 . Question 3 of 3 < - 16 . . . WIN- View Policies Current Attempt in Progress How is big data different from data analytics? How is structured data different from unstructured data? What are some...
Given the amount of data that is presented to us on a daily basis from a wide variety of different sources and in a wide variety of different ways, could it be said that data is commonly used to provi...
Hello, Can you help me identify the formulas and procedures for these questions for cost accounting? (ACG3331) 1) Be able to identify variable, fixed, and mixed (semi-variable) costs 2) Be able to ide...
I Only need help calculating the financing/borrowing/repaymets and total financing. Excel File Edit View Insert Format Tools Data Window Help # 43 - Q 8 0 Sat Nov 26 7:25 PM O.. AutoSave O OFF A A e )...
Use the following information for questions 4 - 6. Fairfield Company is vertically integrated. The company makes a component in the process of manufacturing its primary product. An outside manufacture...
  Indicate the type of lease Cullumber Company has entered into and what accounting treatment is applicable. Choose your answer here  Finance LeaseOperating Lease   Prepare the journal entries on C...
Month Number of photocopies Hours of maintenance service Maintenance costs January 480,000 1,575 28,260 February 408,000 1,515 25,860 March 414,000 1200 17,940 April 384,000 1,485 25,200 May 540,000 1...
Accounting: Uwi Open campus   "Cash Budgets"   Note: ALL workings/Computations where necessary.   Varsity Supplies & Things is a family-owned store. The business is now approaching the end of t...
Harwood Company's quality cost report is to be based on the following data:                                                                                   ?...
 . Mulhall, Inc., has a JIT system in place. Each manufacturing cell is dedicated to the production of a single product or major subassembly. One cell, dedicated to the production of mopeds, has four...
 . Auflegger, Inc., manufactures a product that experiences the following activities (and times): Hours Processing (two departments) 40.6 Inspecting 2.4 Rework 6.3 Moving (three moves) 12.9 Waiting (...
 . Lander Parts, Inc., produces various automobile parts. In one plant, Lander has a manufacturing cell with the theoretical capability to produce 450,000 fuel pumps per quarter. The conversion cost ...
c. Cycle Time and Velocity, MCE Computador has a manufacturing plant in Des Moines that has the theoretical capability to produce 243,000 laptops per quarter but currently produces 91,125 units. The c...
 . Cycle Time and Conversion Cost per Unit Hatch Manufacturing produces multiple machine parts. The theoretical cycle time for one of its products is 35 minutes per unit. The budgeted conversion cost...
  The Case is "Compagnie du Froid" ALTERNATIVE 2:  Separate bonus for each regional manager. For this alternative, you will need to state the performance measure(s) that should be used.  Pros (mini...
If Walmart requires a 16% rate of return on such investments(Property and equipment, picture three), then what is the minimum average annual expected cash inflow that would justify this year's invest...
W.T. Ginsburg Engine Company manufactures part ACT30107 used in several of its engine models. Monthly production costs for 1100 units are as follows:          Direct materials $44,000      D...
In a TQM environment, external benchmarking is preferred to standard costing as a performance measurement technique because of which of the following?   A. Standard costs quickly become obsolete. B. ...
2-21 Computing and interpreting manufacturing unit costs. Minnesota Office Products produces three different paper products at its Vaasa lumber plant: Supreme, Deluxe, and Regular. Each product has it...
Please help me create two presentation slides just like the image attached below one has the recent statistics about the Canadian homeless seniors' mobility issue with some brief analysis, and one has...
Best Western  what are Best Western  assets under capital lease on its balance sheet ? Explain the details of the leasing transactions, capital or operating, based on the amounts and disclosures fou...
 . ABC COMPANY MANUFACTURES AND SELLS SHIRTS. SELLING PRICE PER UNIT $80 VARIABLE EXPENSES PER UNIT $50 TOTAL FIXED EXPENSES $60,000 REQUIREMENT: 1. COMPLETE THE TABLE BELOW USING THE VARIOUS PROJECT...
Question.2  Atuheire presented the following data for the two activity levels as under; CAPACITY 60%    100% Budgeted production(units) 300  500 Insurance(shillings) 3000 3000 Wages (shillings) 3...
What concepts associated with statement of cash flows do you expect to encounter once you start working as CPA? Discuss how will knowledge of these concepts help you in your CPA job(s)? Participate ...
 . ints The following information pertains to the Moline Facility for the month of May (all materials are added at the beginning of the process): Units Material Costs eBook Beginning work in process ...
An oil and gas production field in the Gulf of Thailand is open for international oil and gas companies to explore, develop and produce oil and gas resources through a long- term production sharing co...
B) Please watch the TedTalk Midlife Rebrading. As the talk explains, middle adulthood is often a time of reflection and introspection about one's life. Using the Life Review Chart, reflect on these as...
Prospective Payment System (PPS): A healthcare payment system used by the federal government since 1983 for reimbursing healthcare providers/agencies for medical care provided to Medicare and Medicaid...
 . Wade Paving Company has a sealcoating activity and wants to develop a flexible budget formula for the activity. The following resources are used by the activity: - Five truck»mounted sealing unit...
 . JIT Features and Product Costing Accuracy Prior to installing a JIT system, Buckner Company, a producer of automobile parts, used maintenance hours to assign maintenance costs to its three product...
 . Carreker, Inc., has a number of divisions, including the Alamosa Division, producer of surgical blades, and the Tavaris Division, a manufacturer of medical instruments. Alamosa Division produces a...
 . Calculating Weighted Average Cost of Capital and Economic Value Added (EVA) Ignacio, Inc., had after-tax operating income last year of $1, 195,000. Three sources of financing were used by the comp...
 . Forchen, Inc., provided the following information for two of its divisions for last year: Small Appliances Cleaning Products Division Division Sales $34,660,000 $31,360,000 Operating income 2,745,...
 . Yohan Company has the following balances in its direct materials and direct labor variance accounts at year-end: Debit Credit Direct Materials Price Variance $14,050 Direct Materials Usage Varianc...
Ackers Ltd. has 3 customers: Bobowler, Ganzy and Donnies. Data relating to sales, transactions and costs for the three customers are:   Bobowler Ganzy Donnies Sales Revenue £120,000 £150,000 £90,0...
If a national currency is convertible, Question 8 options: 1) it has flexible values. 2) it can be exchanged for another currency. 3) citizens can use several different currencies to purchase domestic...
I'm not sure where I went wrong, please show your calculations, I am using excel.. Miller Toy Company manufactures a plastic swimming pool at its Westwood Plant. The plant has been experiencing proble...
 . Problem 15-49 {Algo} Segment Reporting (LO 15-5) Midwest Entertainment has four operating divisions; Bus Charters. Lodging. Concerts. and Ticket Services. Each division is a separate segment for f...
 . Question 3: Process Costing Ramico Limited manufactures a variety of bicycle parts. Since the company produces a large volume of each type of product, the unit cost is determined by a process cost...
 . Consider the following information regarding the operations of Capron Company's South division for last year: Sales $5, 000, 000 Cost of goods sold 2, 200,006 Allocated corporate overhead 300, 060...
 . An appropriate transfer price between two divisions of The Fathom Company can be determined from the following data: (CIA adapted) Fabricating Division Market price of subassembly $ 70 Variable co...
 . Banc Corp. Trust is considering either a bankwide overhead rate or department overhead rates to allocate $272,000 of indirect costs. The bankwide rate could be based on either direct labor hours (...
 . Frocks and Gowns, Incorporated, has two divisions, Day Wear and Night Wear. The Day Wear Division has an Investment base of $710,000 and produces and sells 104,000 units of Collars at a market pri...
 . Water Industries' quality control report for August contains the following items: Gathering, analysis, and reporting quality data $1, 606 Inspecting raw materials received from vendors 2,606 Testi...
 . Based on past experience, Moss Company has developed the following budget formula for estimating its shipping expenses: Shipping costs = $16,500 + ($0.40 * Ibs. shipped). The company's shipments a...
 . College Supply Company (CSC) makes three types of drinking glasses: short, medium, and tall. It presently applies overhead using a predetermined rate based on direct labor-hours. A group of compan...
 . Frocks and Gowns, Incorporated, has two divisions, Day Wear and Night Wear. The Day Wear Division has an Investment base of $780,000 and produces and sells 109,000 units of Collars at a market pri...
 . James Manufacturing had the following information available for July: Flexible Sales Actual Budget Flexible Activity Master Results Variance Budget Variance Budget Units 13, 000 ? 2,000U Sales rev...
 . Pablo Company has budgeted production for next year as follows: Quarter First Second Third Fourth Production in units 52,000 92, 000 102,000 82,000 Three pounds of material A are required for each...
 . Express Travel decides to price delivery services according to the results of a recent activity-based costing (ABC) study. The study indicates Express Travel should charge $17 per order, 1% of ann...
 . The Hinges Division of Altoona Corporation sells 102,000 units of part Z-25 to the outside market. Part Z-25 sells for $84 and has a variable cost per unit of $44 and a fixed cost per unit of $10....
 . The following information summarizes the standard cost for producing one metal tennis racket frame at Spaulding Industries. In addition, the variances for one month's production are given. Assume ...
 . Vargas Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.84 direct labor-hours. The direct labor rate is $11.90 per direct labor-hour. The p...
 . The following Information is available for the Danske Company: Denominator hours for May 20,000 Actual hours worked during May 22,000 Standard hours allowed for May 16,000 Flexible budget fixed ov...
 . The Alpha Division of a company, which is operating at capacity, produces and sells 2,200 units of a certain electronic component in a perfectly competitive market. Revenue and cost data are as fo...
 . James Manufacturing had the following information available for July: Flexible Sales Actual Budget Flexible Activity Master Results Variance Budget Variance Budget Units 16,000 2, 00OU ? Sales rev...
 . Russell Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using a predetermined overhead rate based on direct labor-hours (DLHS)...
 . The Mega Construction Company recently switched to activity-based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $70 per machine h...
How do our history and culture affect our understanding of psychological disorders? What if anything can be done to reduce the stigma associated with psychological disorders? Do the aforementioned pho...
Don't understand why it's 6. A monopolist has no fixed costs and a constant marginal cost equal to $4 per unit. It faces the following demand schedule: Price Quantity per Unit Demanded $15 1 $13 2 $1...
Johnson Corporation began the year with inventory of 20,000 units of its only product. The units cost $8 each. The company uses a perpetual inventory system and the FIFO cost method. The following tra...
Europa Company manufactures only one product. Presented below is direct labor information for November. Standard direct labor hours per unit of product 4.00 Number of finished units produced 5,400 Sta...
      Which type of cost flows through the formal accounting records in a standard cost system?           Flexible-budgeted costs         Budgeted costs         Normal costs       ?...
Please complete the requirements of the two HW problems in the attached file. Use of excel is encouraged to complete the solutions.            . Module 10 HWZ Applicability of Standard Cost Syst...
Revenue for August were 80,000. Calculated the budgeted profits for August. Variable Costs are based on a percentage of revenues. Variable cost of good sold is 45%, 1% Management, 8% salesperson and 5...
  Project A is a 500 megawatt (MW) coal-fired electric power plant in one emerging country in South East Asia.   It is one of many electricity power assets recently privatised by the government.  ...
The Matsui Lubricants plant uses the FIFO method to account for its work-in-process inventories. The accounting records show the following information for a particular day.           Beginning WI...
The Matsui Lubricants plant uses the weighted-average method to account for its work-in-process inventories. The accounting records show the following information for a particular day.           ...
8. Corner Cupcakes has the following budgeted amounts for the current month: budgeted sales in units of 3,500 at a budgeted unit selling price of $5. Actual amounts for the month were as follows: 4,00...
What physical event actually takes place in Rationalism and the Cartesian Doubt? How is reality different from what they experience? What does Descartes say about what we perceive and believe is happe...
PLease COmpletee solutions and answer         1. Using Specific Identification Method, calculate cost of goods available for sale, ending inventory and cost of goods sold (COGS) given the data bel...
please answer all the questionss.,.within 30 minutes. make sure the explanation and calculations are explained in very detailed manner. else leave it for other tutor otherwise i will give negative rat...
PROBLEM 2 The JYD Manufacturing Company produces only for customer order and most work is shipped within thirty-six hours of the receipt of an order. JYD uses a raw and in process (RIP) inventory acco...
Explan the answer. MULTIPLE CHOICE QUESTIONS 1) A sales invoice included the following information: merchandise price, OMR5,000; freight, OMR900; terms 1/10, n/30, FOB shipping point. The merchandise ...
 . Problem 13-52 (Algo} Estimate Cash from Operations {LO 13-5) The following information is available for year 1 for Pepper Products: Sales revenue (219,999 units} $3,945,999 Manufacturing costs Mat...
Because the work is so challenging, five people leave their MO job at the end of every month. To fill those vacancies, MO conducts training sessions to add 10 new workers to its frontline staff every ...
Why should students use sensory memory, short-term memory and long-term memory techniques and how can they use these techniques to study for the exam? Can you explain the coding, storage and retrieval...
 . Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales $ 3, 820,000 ...
 ?. Evergreen Corporation manufactures circuit boards and is in the process of preparing next year's budget. The pro forma income statement for the current year is presented below. Sales $ 3,860, 060...
please answer all the questionss.,.within 30 minutes. make sure the explanation and calculations are explained in very detailed manner. else leave it for other tutor otherwise i will give negative rat...
Explain the working of a competitive discussion.  Consider the importance of communication in any discussion.  Consider the impact of making disparaging statements on social media, such as leaving a...
Fixed and Variable Cost Allocation Welcome Inns is a chain of motels serving business travelers in New Mexico and southwest Texas. The chain has grown from one motel several years ago to five motels. ...
 . Speedy Motors assembles and sells motor vehicles and uses standard costing. Actual data relating to April and May 2020 are as follows: (Click the icon to view the data.) The selling price per vehi...
How the policy will be implemented? Comment on any implementation issues related to the professional development policy (consider budget allocations/funding, time available, privacy/confidentiality, r...
The following represents the financial information for Domingo Corporation for two months.     March April Sales revenue $ 505,000   $ 430,000   Costs             Process inspection $ 1,550 ...
Shakespeare says the boy creeps "like snail unwillingly to school." Students' answers will vary on the secondand third questions, but most students will admit that they are not always thrilled to retu...
Tri-State Mill uses a special sander to finish lumber. Data on the sander and its usage follow:     Cost Driver Rate Cost Driver Volume Resources used           Energy $ 0.6 per machine-hour 6,...
When Lindsey Anderson arrived at her office at Geelong Motors on August 4, 2022, she was pleased to find the monthly performance report for July on her desk. Her job as division controller was to anal...
The executive education (EE) unit at the Business School of Central State University offers both open-enrollment (anyone can sign up) and custom (designed for a specific client) executive education pr...
Discuss what does it means with Planning the source selection process requires requests for proposals and statements of work created in sufficient detail to allow contractors to respond. Provide refer...
At the beginning of the year, a company purchases a special-purpose molding machine for $600,000 cash including installation costs. The machine should have a useful life of three years with zero resid...
Scholes Systems supplies a particular type of office chair to large retailers such as Target, Costco, and Office Max. Scholes is concerned about the possible effects of inflation on its operations. Pr...
Amigo in Madrid makes bull-repellent scent according to a traditional Spanish recipe, which normally sells at $9 per unit. Normal production volume is 10,000 ounces per month. Average cost is $5 per o...
This is the forth time I am uploaded this question. So, please whoever solve this try to explain clearly. also.should we add facotry cost while Calculating total.OH?. (B) Global Scooter Limited manufa...
 . Nantucket Industries manufactures and sells two models of watches, Prime and Luxuria. It expects to sell 3,500 units of Prime and 1,300 units of Luxuria in 2020. The following estimates are given ...
6 XTL Company manufactures tables and has two divisions, the Production Division and the Assembly Division. The Production Division manufactures tables for the Assembly Division, which completes the t...
9 Gamma Chemicals Ltd manufactures chemical Compound GAMZ in two sequential departments, Departments A and B. On 1 October, Department B had 2462 units in the inventory, which were 30 per cent complet...
12Delta Company manufactures only one type of washing machine and has two divisions, the Compressor Division, and the Fabrication Division. The Compressor Division manufactures compressors for the Fab...
15Beta Company sells optical equipment, and orders lenses from Alpha Company which manufactures special glass lenses. Beta orders 11590 lenses per year, at $38 per lens. Alpha covers all shipping cost...
30Barns Manufacturers Ltd manufactured 2467 units of one of its products, B111, in the month of August. The business incurred a total cost of $114027 during the month, which comprised of direct materi...
Excellent Motor Company makes electric cars and has two products, the Simplegreen and the Excellentgreen. To produce the Simplegreen, Excellent Motor employed assets of $10,500,000 at the beginning of...
With the information given, can you please provide the formulas / calculations for completion rate, click rate, and conversion rate.. date 1—Jun—14 2—Jun—14 3—Jun—14 4—Jun—14 strategy ...
Accounting question     . Beginning inventory, purchases, and sales data for widgets are as follows: Apr. 3 Inventory 15 units @ $30 11 Purchase 12 units @ $27 14 Sale 18 units 21 Purchase 7 units ...
Monty Company is in the process of adjusting and correcting its books at the end of 2020. In reviewing its records, the following information is compiled.   1.   Monty has failed to accrue sales com...
22.       Beta Corporation has two divisions, Refining and Extraction. The company's primary product is Lubbs Oil. Each division's costs are provided below:               Extraction : ...
Complete the requirements of the problem using appropriate formatting using excel.            . Q2. Spring Manufacturing Company makes two components identified as C12 and D57. Selected budgetar...
Complete the requirements of the problem using appropriate formatting using excel.            . Q1 Timpco, a retailer, makes both cash and credit sales (i.e., sales on open account). Information...
A. ) Identify each of the company's expenses (including cost of goods sold) as being either variable, fixed or mixed. B.) What is the total cost equation? C.) Estimate total cost if sales = €75.000....
OBE Ltd. is a specialist in universal frames. For next year the expected profit is €20.000 if the normal production and sales can be achieved. The normal capacity is 500 units above the break-even p...
What is not included in the budgeting process?   The budget revision.         The hiring of an accountant.         The formation of a budget committee.         The determination of the bu...
Titu PLC produces and sells T-shirts. The normal annual production is set for 140.000 pieces. The annual fixed costs are €350.000, the variable cost per piece is €2,75. The T-shirt is sold for €...
 . Q 1 Q 2 Q 3 Q 4 Q 5 Q 6 Q7 Chapter 10, Question 1 Fun Time Pizza District Results: Anna's District Average Unit Square Average Weekly Unit Location Last Year's Revenue Weekly Revenue per Revenue F...