How each activity is incurred relative to production

Assignment Help Accounting Basics
Reference no: EM13134478

Identify the following activities as unit level (U), batch level (B), or facility level (F), which would indicate how each activity is incurred relative to production.

Polishing of watches at a retail store

- Cleaning in the assembly department in a manufacturing environment

- Sampling cookies to determine quality

- Paying real estate taxes on an office building

- Attaching labels to stuffed animals

- Mixing of dough in a local bakery

Reference no: EM13134478

Questions Cloud

Identify differences and similarities of each budget : Identify the differences and similarities of each budget and what accounts for the major sources of revenue for each and how are the revenue amounts expected to change in the future?
Computer software costs should be expensed : What portion of the $3,000,000 computer software costs should be expensed in 2010?
Determining circumference and radius : What happens to the circumference of a circle if you double the radius? What happens if you double the diameter? What happens if you triple the radius?
What is the molar mass of the gas : If 0.80 g of a gas occupies 295 mL at 25C and 680 mm Hg of pressure what is the molar mass of the gas?
How each activity is incurred relative to production : Identify the following activities as unit level (U), batch level (B), or facility level (F), which would indicate how each activity is incurred relative to production.
Compare resultsfor the three cost flow assumptions : Compare resultsfor the three cost flow assumptions. What cost flow resultsin the lowest inventory value.
Would time-series graph of data be appropriate : The middle five weeks, and 60% during the last 5 weeks. Would a time-series graph of this data be appropriate? Give a reason for your answer.
Potomoc depreciation expense : Potomac LLC purchased an automobile for $30,000 on August 5th of 2010. What is Potomoc's depreciation expense for 2010?
Glucose is placed in water two stereoisomers are formed : Glucose Isomers, When glucose is placed in water two stereoisomers are formed, one with the new OH on the opposite side of the ring than the 6th carbon

Reviews

Write a Review

Accounting Basics Questions & Answers

  Pemdas order of operations in mathematics

Discuss the PEMDAS order of operations in mathematics. What is PEMDAS and why is important to follow it to the letter when conducting mathematical operations?

  Production for the period for conversion costs

A process with no beginning work in process, completed and transferred out 14,000 units during a period and had 7,000 units in the ending work in process that were 50% complete. How much is equivalent units of production for the period for convers..

  Variable costing-absorption costing

You are the vice president of operations for a small manufacturing company that uses the absorptive method of accounting for fixed manufacturing overhead, and you are approaching the end of the year.

  Prepare an anti-aging drug

Godert pharmaceutical company has several scientists working in the labs trying to prepare an anti-aging drug. The cost of this research and development

  What was the amount of the gain or loss on retirement

assume that interest and premium or discount amortization have been recorded through january 1, 2013 .Record interest and amortization on only the bonds retired.

  Restriction for bond repayments

Turquoise and Topaz Sisters had retained earnings of $15,000 on the balance sheet but disclosed in the footnotes that $2,000 of retained earnings was restricted for plant expansion and $1,000 was restricted for bond repayments.

  Price and constant growth rate of stock

Philly Corp's stock recently paid a dividend of $2 per share (Do = $2), and the stock is in equilibrium. The company has a constant growth rate of 5% and a beta of 1.5. The required rate of return on the market is 15%

  Guidance for particular transaction

What should an accountant do if the guidance for a particular transaction or event is not specified within the FASB ASC?

  Statement of partnership-realization and liquidation

The partners share profits and losses in the ratio of 3:4:3. Partner B is personally insolvent, but partners A and C have sufficient personal assets to satisfy any capital deficits.

  Identify the two principal discounted cash flow methods

Give an example of a situation where transfer pricing might be used and discuss what method a company might choose to calculate it. In your answer, define what a transfer price is, how it can be calculated, and why a company might use it.

  Writing the page memorandum

Write down a one-half page memorandum (at least 2 paragraphs) to Terrio explaining why the $6,000 loss on sale of Blackhawk stock is

  How goodwill is tested for impairment

1) explain how goodwill is tested for impairment for a reporting unit. 2) determine the amount, if any, of impairment loss to be recognized at december 31, 2008.

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!

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