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!
Northwest Company produces two types of glass shelving, rounded edge and squared edge, on the same production line. For the current period, the company reports the following data.
Northwest's controller wishes to apply activity based costing (ABC) to allocate the $ 108,000 of overhead costs incurred by the two product lines to see whether cost per foot would change markedly from that reported above. She has collected the following information.Overhead Cost Category (Activity Cost Pool) CostSupervision . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 5,400Depreciation of machinery . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56,600Assembly line preparation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46,000Total overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 108,000She has also collected the following information about the cost drivers for each category (cost pool) and the amount of each driver used by the two product lines.
Required:
1. Assign these three overhead cost pools to each of the two products using ABC.
2. Determine average cost per foot for each of the two products using ABC.
3. Compare the average cost per foot under ABC with the average cost per foot under the current method for each product. Explain why a difference between the two cost allocation method sexists.
Mellie Computer devices inc. is considering the introduction of a new printer. The company's accountant had prepared an analysis computing the taget cost per unit but misplaced his working papers.
part 1 essay question worth 10 of total overall marks.explain the difference between the job descriptions of a
an equipment acquisition proposal was being considered by a large health care organization. the array machine will
Calculate Newport's net cash inflows or outflows for (a) operating, (b)investing, and (c) financing activities. Discuss whether or not the short-term investments are cash equivalents.
What effect do current technology changes have on managerial accounting - The income statement and balance sheet columns of Pine Company's worksheet reflects
the diverse measurement techniques developed for different types of assets suggest that standard setters are confused
Calculate free cash flow for 2003 and calculate net payments to debt holders and issuers for 2003.
Prepare the journal entry to close the balance in the Factory Overhead account to Cost of Goods Sold.
Prepare the cash flows from operating activities section of the statement of cash flows, using the direct method.
Demonstrate a higher level of understanding of accounting standards and theoretical and philosophical approaches, as they apply to the resolution of more complex accounting problems - Making sense of company executives' compensation and employee be..
Is your company diversified? If so, when and why was this path chosen? If not, is it a strategy you would recommend? Explain your thinking.
How much is the total amount of budgeted direct labor for March and What are the direct materials per unit - How much is budgeted sales revenue for the third quarter of 2008?
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