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!
1) Negative Fixed CostsThis is crazy" exclaimed the production supervisor as he reviewed the work of his new assistant. "You and the computer are telling me that fixed cost are negative! Tell me, how did you get to these negative fixed costs, and what am I suppose to do with them?"
Required:Explain to the supervisor the meaning of the negative "fixed costs" and what can be done with them.
2)CVP Analysis Using Published Financial Statements
Condensed data in thousands of dollars (000) from Netflix 2009 and 2010 income statements follow
2010
2009
Revenues.........
$2,162,625
$1,670,269
Total Cost of Revenues and Operating expenses
(1,878,984)
(1,478,330)
Operating Income
$283,641
$191,939
Required:
a. Develop a cost estimation equation for Netflix's annual cost of revenues and operating expensesb. Determine Netflix's annual break-even point.c. Predict operating profit for 2011, assuming 2011 sales of $3,204,577d. Identify the assumptions required to use the equations and amounts computed above.
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd