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1.Chuck s Brokerage Service (CBS) is a discount financial services firm offering clients investment advice, trading services, and a variety of mutual funds for investment. Chuck has collected the following information for October:Advertising and marketing .......... $ 270,000Brokerage commissions (revenues)....... 9,000,000Building rent and utilities.......... 525,000Fees from clients for investment advice...... 4,500,000Fees paid to execute trades.......... 2,400,000Labor cost for advice............. 900,000Managers salaries............. 750,000Sales commissions to brokers......... 1,275,000Training programs for brokers......... 6,000,000Required:Prepare an income statement for October for CBS.
Ocean Waverunners plans to manufacture 20,000 units, 24,000 units, and 30,000 units, respectively, in October, November, and December. Make a direct-material buys budget for October in parts and dollars.
Prepare a production budget for each of the months July through October.
Determine the total cost allocation and departmental overhead rate for the producing departments using the direct method. Show your work.
question 1 the boudenza postal service bps was formed in 1870 with a mandate to establish a postal delivery system in
Determine the best sales mix. Rank the services offered in order of their profitability and which ranking would you recommend? What additional amount of total contribution margin would be generated if your recommendation were to be accepted?
Construct an Excel spreadsheet to solve the preceding requirement. Show how the solution will change if the following information changes: actual output was 9,100 cases, and actual variable overhead was $395,000.
if you are not currently employed find an article about a specific company using a balanced scorecard. cite the url and
Davis Company manufactures used parts in production of widgets. When 10,000 items are produced, the costs per unit are:
Bulkboy Fitness Equipment, Inc. was recently created to produce and sell its "Biception" arm machine. Bulkboy decided to use a standard cost system to record costs related to the production of this product.
Find out the current operatng profit for the company as whole? Supposing that all fixed cost are unavoidable, if company eliminated the unprofitable segments, what would be the new operating profit for the company as a whole be?
choose an item that you would like to manufacture. you do not actually need to manufacture something but will proceed
The law firm of Tilton and Henderson accumulates costs associated with individual cases, using a job order cost system. The following transactions occurred during June:
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