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Cost center 1. Cost center 2
Total costs. $20,000. $30,000
Sq ft. 50. 200
# of employers 1. 2
Profit center 1. Profit center. 2
Profit before cost center. $40,000. $25,000
Sq. Ft. 500. 300
# of employers. 4. 15
The company allocates cost center 1 by sq ft. And cost center 2 by # of employers
Calculate profit of each center if company uses the direct allocation method
Calculate the profit of each center if the company allocates cost center 1 first and then cost center 2
Given the following information, Describe the budget line for consumer. Be sure to label the axis and give a number for vertical and horizontal intercepts. Slope? Meaning?
Prepare the journal entry to transfer the cost of job #JK150 out of the work-in-process account at the end of November, What was the under-or over recovered overhead for the year?
A master budget is the compilation of forecasts for coming year or operating cycle made of many departments or function in an organization. What is the most significant forecast made in the master budget? Mention the reasons for your answer.
Collect and examine two newspaper or magazine articles relation to management accounting issues. The analysis must include:
Flow Assurance Technical Report - Scale Risk Assessment
Petty Petroleum, Inc. uses various chemicals to manufacture its products. Variance data for last month for three primary chemicals used in production are as follows (F indicates a favorable variance; U indicates an unfavorable variance):
Compute the predetermined fixed overhead application rate that would be used in March. Compute the number of machine hours that would be allowed for actual March production. Compute the fixed overhead applied to work in process during March.
Oasimi Company, which has only one product, has provided following data concerning its most recent month of operations: Find out the unit product cost for the month under variable costing?
Explain any opportunity, sunk, out-of-pocket, and/or relevant costs that figured in Rosley's decision. How did Rosley compute the $400 per month savings?
Explain how the budget constraint of househould in two-period model is affected by each of the following changes. In each case, do you think the household is better off or worst off or is the answer ambiguous?
The payroll bank account is reconciled by the chief accountant, who also prepares the several quarterly and annual tax reports.
Applying Activity Based Costing
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