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!
McMullen Co. manufactures automatic door openers. The company uses 15,000 electronic hinges per year as a component in the assembly of the openers. You have been engaged by McMullen to assist with an evaluation of whether the company should continue producing the hinges or purchase them from an outside vendor. The Accounting Department provided the following detail regarding the annual cost to produce electronic hinges: Direct Materials $54,000 Direct Labor 60,000 Variable Manufacturing Overhead 36,000 Fixed Manufacturing Overhead 90,000 Total Costs $240,000 The Procurement Department provided the following supplier pricing: Supplier A price per hinge $11.00 Supplier B price per hinge $10.75 Supplier C price per hinge $10.50 The supplier pricing was obtained in response to a formal request for proposal (RFP). Procurement has determined these suppliers meet McMullen's technical specifications and quality requirements. If McMullen stops producing the part internally, 10% of the manufacturing overhead would be eliminated.
Required: Prepare a make or buy analysis showing the annual advantage or disadvantage of accepting an outside supplier's offer.
Why is it considered important to document the flow of an accounting information system and how does a document flowchart assist (i) an accountant, and (ii) a data security expert?
Is Cost-Volume-Profit Analysis still relevant in the 21st Century business organization? Support your answer with reasoned arguments and references as appropriate.
Sommerville, Corporation repurchased 25,000 shares. Find how many shares are outstanding?
Prepare any adjusting and closing entries you think are needed at year end.4. What would the normal balance be of a liability account a post closing trial balance? A revenue account? Drawing?
Explain balance sheet presentation of the fair value adjustment for Perry’s short-term investment.
Explain whether users of financial statements should exercise caution when interpreting financial statement compliant with GAAP and explain how the choice of depreciation method affects reported profits.
Assuming Denny is correct, what is the expected income for the upcoming year? Assuming Austin is correct, what is the expected income for the upcoming year?
Does the company have capital leases? If so, what are the amounts and terms of the leases? What are the four criteria for a lease to be considered a capital lease? What are the additional criteria for the lessor?
What is the net investment in the truck project?
The expansion will cost two million dollars, and is expected to increase operating earnings to $2,100,000. What factors should Turner’s manager and her supervisor, the VP of operations, consider in deciding whether to go forward with the expansio..
Clydes marina has estimated that fixed costs per month are $300,000 and variable cost per dollar of sales is $0.40. Illustrate what is the break -even point per month in sales dollars?
what does the term consolidation process mean? What is the purpose of a worksheet during the consolidation process?
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