User Account

All Pages

Danson company is a chemical manufacturer that supplies

Assignment Help Accounting Basics
Reference no: EM13579322

Danson Company is a chemical manufacturer that supplies various products to industrial users. The company plans to introduce a new chemical solution, called Nysap, for which it needs to develop a standard product cost. The following information is available on the production of Nysap:

a.Nysap is made by combining a chemical compound (nyclyn) and a solution (salex), and boiling the mixture. A 20% loss in volume occurs for both the salex and the nyclyn during boiling. After boiling, the mixture consists of 16.6 liters of salex and 11 kilograms of nyclyn per 17-liter batch of Nysap.

b.After the boiling process is complete, the solution is cooled slightly before 7 kilograms of protet are added per 17-liter batch of Nysap. The addition of the protet does not affect the total liquid volume. The resulting solution is then bottled in 17-liter containers.

c.The finished product is highly unstable, and one 17-liter batch out of 5 is rejected at final inspection. Rejected batches have no commercial value and are thrown out.

d. It takes a worker 30 minutes to process one 17-liter batch of Nysap. Employees work an 8-hour day, including 1 hour per day for rest breaks, and cleanup.

Reference no: EM13579322

Questions Cloud

Projects a and b both have an initial outflow of 100000 : projects a and b both have an initial outflow of 100000. project a will return a cash flow of 30000 each year for the
The average wind speed in casper has been found to be 127 : normal 0 false false false en-us x-none x-none q1 an outbreak of food-borne illness was
Is there sufficient evidence at alpha 05 to conclude that : question the average wind speed in casper has been found to be 12.7 mph and in tucson it has been found to be 6.2 mph.
Higgins legal counsel believes it is probable that higgins : reeves co. filed suit against higgins inc. seeking damages for copyright violations. higgins legal counsel believes it
Danson company is a chemical manufacturer that supplies : danson company is a chemical manufacturer that supplies various products to industrial users. the company plans to
A farmer loses 60000 when the summer is too dry and makes : a farmer loses 60000 when the summer is too dry and makes 100000 when the growing season is moderate. the probability
280000 51 arm loan amortized over 15 years at 39 from year : 280000 51 arm loan amortized over 15 years at 3.9. from year 6 to 7 the interest rate is 7.5. marr is 10 per year
On january 1 2014 it paid rent for 2014 and 2015 the : x company prepares annual financial statements. it rents space in a large office complex. on january 1 2014 it paid
At the beginning of 2009 metatec inc acquired ellsion : at the beginning of 2009 metatec inc. acquired ellsion technology corp for 600 million. in addition to cash receivables

Reviews

Write a Review

Accounting Basics Questions & Answers

  What total overhead cost would you expect to be incurred at

golden companys total overhead cost at various levels of activity are presented below monthmachine-hourstotal

  Determining company payback period

A company is considering the purchase of a new piece of equipment for $90,000. Predicted annual cash inflows from this investment are $36,000 (year 1), $30,000 (year 2), $18,000 (year 3), $12,000 (year 4) and $6,000 (year 5). The payback period is..

  Indicate the cost category

Indicate the cost category to which the item belongs - list of such costs and expenses

  Eder fabrication borrowed 55 million and issued a

eder fabrication borrowed 55 million and issued a nine-month 13 promissory note. interest was payable at maturity.

  Determining total gain and the taxable gain

Sable sells a passive activity with an adjusted basis of $245,000 for $305,000. Suspended losses attributable to this property total $45,000. The total gain and the taxable gain are:

  Review of the stockholders equity section

From a review of the stockholders' equity section, as chief accountant, write a memo to the president of the company answering the following questions.

  What is donovan''s inventoriable cost for 2015

1. Kim Co. purchased goods with a list price of $182,100, subject to trade discounts of 30% and 20%, with no cash discounts allowable. How much should Kim Co. record as the cost of these goods?

  Solve capital projects fund homework problem

The township authorized a bond issue of $11 million for the construction of a pedestrian walkway as part of a downtown revitalization project. An additional $1 million of general revenues is to be used for the project. The authorization was record..

  What is pheasant-s current e and p

Incalculating its taxable income for the year, Pheasant claimed an$8,000 deduction for the organizational expenses. What is Pheasant's current E & P?

  Annual advantage-disadvantage of accepting outside supplier

Prepare a make or buy analysis showing the annual advantage or disadvantage of accepting the outside supplier's offer.

  Journal entries to record transactions and adjustments

Prepare journal entries to record these transactions and adjustments for 2008 and 2009.

  When conducting a cost-volume profit analysis determine

when conducting a cost-volume profit analysis determine where the most challenges for accountants occur. recommend

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd