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Custom Computers is a company started by two engineering students to assemble and market personal computers to faculty and students. The company operates out of the garage of one of the students' homes. From the following costs of a recent month, compute the total cost function and total cost for the month:
Telephone $ 50, fixedUtilities 260: fixed, 25% attributable to the garage, 75% to the houseAdvertising 75, fixedInsurance 80, fixedMaterials 7,500, variable, for five computersLabor 1,800: $1,300 fixed plus $500 for hourly help for assembling five computers
Katara Enterprises distributes a single product whose selling price is $36 and whose variable expense is $24 per unit. The company's monthly fixed expense is $12,000.
Cool Surfboards has two departments using the services of the Payroll department. Total monthly payroll shared cost is $6,000. What is the amount of payroll costs allocated to the Boogie Break department?
Avitar Corporation manufactures the line of computer memory expansion boards employed in microcomputers. The average selling price of its finished product is $175 per unit. The variable cost for these same units is $115. Avitar incurs fixed costs ..
Calculate the firm's cash conversion cycle. Calculate the firm's operating cycle Calculate the daily expenditure and the firm's annual savings if the operating cycle is reduced by 15 days.
Near end of 2011, the management of Simid Sports Co., merchandising company, prepared the following estimated balance sheet for December 31, 2011: Simid Sports' single product is bought for $30 per unit and resold for $60 per unit.
What is generally true regarding overhead allocation to high-volume products versus low-volume products under the traditional costing system?
A review of Parrish Corporation's accounting records found that at a volume of 144,000 units, the variable and fixed cost per unit amounted to $6 and $2, respectively.
Determine the break even point in units. The company has a capacity of 150,000 units and is currently at two thirds of its capacity. The sales manager believes the company could increase sales by 8,000 units if advertising expenditures are increa..
You've been asked by top leadership in your organization to make a PowerPoint presentation on how the business is doing relative to the previous year. This will comprise a comparison of following for this fiscal year and previous fiscal year:
How does FASB and IFRS standards differ from on another? If the US adopted the IFRS standards what are the advantages and disadvantages?
Rebecca owns several successful coffeehouses. Each one has its own manger and is operated independently of the others. In what ways do the coffeehouses utilize managerial accounting in the operational planning process?
What kind of organization or company would employ Activity-based costing? What are the limitations of Activity-based costing?
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