Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Determine the pre determined overhead rate from the given data.
Erte, Inc., manufactures two models of high pressure steam valves, the XR7 model and the ZD5 model. Data regarding the two products follow:
Products
Direct labor-hours
Annual production
Total Direct labor-hours
XR7
0.2 DLHs per unit
20,000 units
4,000 DLHs
ZD5
0.4 DLHs per unit
40,000 units
16,000 DLHs
20,000 DLHs
Additional information about the company follows:
a. Product XR7 requires $35 in direct materials per unit, and product ZD5 requires $25. b. The direct labor rate is $20 per hour. c. The company has always used direct labor-hours as the base for applying manufacturing overhead cost to products. Manufacturing overhead totals $1,480,000 per year. d. Product XR7 is more complex to manufacture than product ZD5 and requires the use of a special milling machine. e. Because of the special work required in (d) above, the company is considering the use of activity-based costing to apply overhead cost to products. Three activity cost pools have been identified and the first-stage allocations have been completed. Data concerning these activity cost pools appear below:
Assume that the company continues to use direct labor-hours as the bas for applying overhead cost to products.
Compute the predetermined overhead rate.
Using the cost model, at what amount could the land be reported in the statement of financial position of Jeng Ting Ltd for each reporting date? Describe your answers.
Purpose Arturo's journal entry to record its acquisition of Westmont.
The investing section of the statement of cash flows report
Determine her deductions and credits allowed and the suspended credits and losses.
Recommend a transfer price and describe your reasons for choosing that price and determining the transfer price.
Evaluate the interest rate on the company's note payable? The 2013 rent payment was made at the starting of which month? How much did Eldorado lend its customer on Oct 31?
By how many days would the cash conversion cycle be changed? - Cash conversion cycle
Calculate the operating income for the olive oil division using a transfer price of $4.60.
What are the advantages and disadvantages to FSC's decision to not use the BSC as a performance tool-i.e., linking it to the employee determine and reward system?
Compute the current ratio, quick ratio, cash to existing liabilities ratio, over a two-year period. Show and interpret the ratios that you evaluated.
What amount is attributed to goodwill on the date of acquisition, All of the subsidiary's liabilities and assets are viewed as having fair values equal to their book values.
Prepare an incremental analysis in good form to evaluate the incremental effect on profit of discontinuing the snail extraction tool line.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd