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!
Chenango Can Company manufactures metal cans used in the food-processing industry. A case of cans sells for $25. The variable costs of production for one case of cans are as follows:
Direct material
$ 7.50
Direct labour
2.50
Variable manufacturing overhead
6.00
Total variable manufacturing cost per case
$16.00
Variable selling and administrative costs amount to $.50 per case. Budgeted fixed manufacturing overhead is $400,000 per year, and fixed selling and administrative cost is $37,500 per year. The following data pertain to the company's first three years of operation.
Year 1
Year 2
Year 3
Planned production (in units)
80,000
Finished-goods inventory (in units), January 1.
0
20,000
Actual production (in units)
Sales (in units)
60,000
90,000
Finished-goods inventory (in units), December 31
10,000
There were no variances during Chenango's first three years of operation. Actual costs were the same as the budgeted costs.
Required:
in the third assigned write-up students may write about the merger and acquisition activity of the coca cola. students
A Trucks Parts Manufacturer is approached by an European customer to fulfill a special one-time order for a product similar to one offered to domestic customers. Truck Parts Manufacturing has excess capactity. The following per unit data applies t..
The invoice of a machine is $40,000. Various other costs relating to the acquistion and installation of the machine including transportation, electrical wiring, special base, and so on amount to $7,500.
Calculate the net present value, go to the Function Wizard. The function you are going to use is in the function category of FINANCIAL and is NPV and calculating Internal Rate of Return
matador inc. sells computer monitor screens. the direct labor dl rate includes wages benefits and payroll tax. direct
mr. banner has recently contacted your accounting professor to find a replacement for his general manager and
Boone Company has the following balances as of December 31, 2009. Material Inventory $15,000 Work in process inventory $36,200 Finished goods inventory $50,100.
Discuss what some of the reports and ratios are that the financial statements can help you develop and analyze the statements listed below, keep in mind that these statements are the foundation of financial accounting
Prepare a statement of cash flows, using the direct method of presenting cash flows from operating activities.
Prepare an incremental analysis for the 4 years showing whether Shellhammer should keep the existing machine or buy the new machine and calculate the annual rate of return for the new machine.
Discuss whther discontiuniuing the perfume line will improve profitability and what other factors need to be considered before this decision is made.
At a break-even point of 400 units sold, variable expenses were $4,000, and fixed expenses were $2,000. What will the 401st unit sold contribute to profit?
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