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!
The systems consulting department of Johnson Swimwear designs data collecting, encoding, and reporting systems to fit the needs of other departments within the company. An overall cost driver is the number of requests made to the systems consulting department. The expected variable cost of handling a request was $500, and the number if requests expected for June 2001 was 75. Johnson budgeted its monthly fixed costs for the department (salaries, equipment depreciation, space costs) at $65,000.
The actual number of rquests serviced by systems consulting in June 2001 was 90, and the total costs incurred by the department was $116,000. Of that amount, $76,000 was for fixed costs.
Compute the static budget variances and the flexible-budget variances for variable and fixed costs for the systems consulting department for June 2001.
JetSet Machinations, Inc. expects to become very successful in manufacture and sales of its fuel-efficient high speed airplane, the S2S-900. This plane will be sold at about $70 million per plane.
Assume that Mucky Duck uses target costing. What is the price that Mucky Duck would charge the retailer for the All-Body swimsuit? What is the highest acceptable manufacturing cost Mucky Duck would be willing to incur to produce the All-Body swim..
Houston-based Advanced Electronics manufactures audio speakers for desktop computers. The following data relates to period just ended when the company manufactured and sold 42,000 speaker sets:
Hoover Inc. uses a job-order coding system. The company's inventory balances on February 1, the start of its fiscal year, were as follows:
Write down the strengths and weaknesses of current costing model.
Applying Activity Based Costing
Prepare a master budget for the three-month period.
Use the contribution margin ratio CVP formula to compute Peyton Travel's break-even sales in dollars. If the average sales price of a ticket is $600.00; how many tickets must be sold to reach break-even?
Jackson Construction Company uses a job order costing system. In May 2008, Jackson made a $1,650,000 bid to build a pedestrian overpass over the beach highway in Gulfport, Mississippi.
ACT 6691, Managerial Accounting Case: - Read the case and analyze the information. Prepare a narrative report (or notes to the income statement) addressing why/how quantitative items were selected. The following items must be explained:
The corporation sold 1,200 shares of treasury stock for cash at 72 per share. Journalize the treasury stock transactions.
Describe how the following affect the break-even point: increase or reduce in unit sales price, increase or reduce in variable cost per unit, increase or reduce in fixed 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: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd