Managerial Accounting questions and answers in December 2021

The managing director of Tigwood Ltd believes that a market exists for 'microbooks'. He has proposed that the company should market 100 best-selling books on microfiche, which can be read using a spec...
b) The following outcomes were noted for Juniper Ltd using a standard costing and variance      analysis system.                                                        A...
  a) Critically evaluate whether or not Standard Costing procedures can be equally applied     to both service industries and manufacturing companies.     You should support your answer with eit...
b) The following outcomes were noted for Juniper Ltd using a standard costing and variance      analysis system.                                                         ...
Blue Llama Corp., a California corporation, has 100,000 shares that are issued and outstanding. After losing money every year since its formation (accumulated deficit of $1 million), Blue Llama Corp. ...
COMPTABILITE. La societe IGREG fabrique et vend 15 000 unites par mois du produit A. Le prix de vente du produit A est 40 $ par unite et son cout variable s'eleve a 28 $ par unite. La societe IGREG en...
La Compagnie ABC a un solde de trésorerie de 9 000 $ le 1er avril. La compagnie doit maintenir un solde minimum de 6 000 $. En avril, les rentrées de fonds prévues sont de  45 000$. Les décaissem...
Que doit faire une societe qui fait face à une contrainte de capacite pour maximiser sa marge sur cout variable totale?   Vendre les produits ayant une marge sur cout variable par unite la plus elev...
Jeff and Shane went to college together, and both majored in computer science. A few years ago, they formed a computer company called Synergy, Inc. Synergy Inc. is a manufacturer of enterprise managem...
Wardlaw Company, ( It is the same company!) a mid-sizedengineering firm operates in mid-town Toronto from a suiteof offices on the fifth floor of a high-rise office building .   All professional pers...
Job Order Costing John and Sam went to college together, and both majored in computer science. A few years ago, they formed a computer company called Synergy, Inc. Synergy Inc. is a manufacturer of en...
Frank ( a CPA)  is appointed as an auditor of Grace Inc. He wants to design a suitable confirmation request letter for a few debtors of Grace Ltd. As a senior auditor of the firm, explain to him with...
Blaine is a golf enthusiast. He teaches and plays the game of golf. A few years back, he was able to get in on an excellent business opportunity. He is a part of Improve Your Golf, Inc. They sell two ...
Which of the activities below would be undertaken by a firm when dealing with a supplier that has the highest total cost of ownership per unit? I. Terminate immediately. Il. Investigate to determine i...
A mobile phone manufacturer that competes on the basis of providing the best customer service is least likely to outsource which of the following activities? O a. Cleaning of stores. O b. Maintenance ...
A brewery is considering selecting one of its two suppliers of bottles - Bottle-it and Cap-Me - as a preferred supplier. The following information is obtained for the year just ended: Bottle-it Cap-Me...
BackSaver Ltd. is a retailer of home office furniture. During the pandemic, BackSaver has seen a surge in demand for its products and has developed a strategy to satisfy customer demand. Specifically,...
Alex and Amy Sanchez are the perfect couple. The AA Best Tennis Products makes a variety of tennis products. You have been asked to help them with the tennis balls. The only plant they have in Brazil ...
  A food truck operator had the following information in regards to current sales for the year:                                                 Unit sold             Pri...
Yummy Delight is a frozen yogurt store selling frozen yogurt in one-kilogram sizes and has the following information: E l' | | || | S | i' : January to March: 45,000 per month April to September: ?0,0...
The Rachel's Enterprises Solutions had the following balance sheet as of December 31, 2020.  The transactions for the first three months of 2021 are also presented along with other information about ...
CCC11 - Investment Decisions  (Use this as the Slide heading in Unit 5 Case Assignment) Part 1  Because Natalie has been so successful with Cookie Creations and Curtis has been just as successfu...
Balance sheet as of December 31   ASSETS     LIABILITIES   Cash $ 37,000   Accounts Payable $ 40,000 Marketable Securities 10,000   Wages Payable       10,800 Accounts Receivable 63,000   Ta...