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 computer workstation furniture manufacturing that Adria Lopez started in January is progressing well. As of the end of June, Success Systems' job cost sheets show the following total costs accumulated on three furniture jobs.
Job 6.02 was started in production in May, and these costs were assigned to it in May: direct materials, $ 600; direct labor, $ 180; and overhead, $ 90. Jobs 6.03 and 6.04 were started in June. Overhead cost is applied with a predetermined rate based on direct labor costs. Jobs 6.02 and 6.03 are finished in June, and Job 6.04 is expected to be finished in July. No raw materials are used indirectly in June. (Assume this company's predetermined overhead rate did not change over these months).
Required:
1. What is the cost of the raw materials used in June for each of the three jobs and in total?
2. How much total direct labor cost is incurred in June?
3. What predetermined overhead rate is used in June?
4. How much cost is transferred to finished goods inventory inJune?
Prepare a make or buy analysis showing the annual advantage or disadvantage of accepting an outside supplier's offer.
For a recent year LOreal reported operating profit of 3,385 (in millions) for its Cosmetics division.
What is a service or product in McDonald's which can employ activity based costing? What are three activities for activity based costing and the correct cost drivers for them? Give an estimate for application rates of these drivers.
A firm believes it can generate an additional $1,800,000 per year in revenues for the next 5 years (years 1-5) and $2,200,000 for the next 5 years after that (years 6-10) if it replaces existing equipment that is no longer usable with new equipment t..
Prepare departmental Income Statement for Live Oak Clinic - prepare the cost allocations for the expenses of the service departments to the other service departments
Prepare the journal entries to record the estimated liability for warranties and the costs incurred in honoring 1,000 warranty claims. (Assume actual costs of $15,000.)
Lesinski Snow Removal's cost formula for its vehicle operating cost is $1,770 per month plus $483 per snow-day.
This question is on variance analysis in managerial or cost accounting. More specifically, it asks for computations of direct material price variance, direct material efficiency or usage variance, the flexible budget variance, and determining whet..
The Office Mart store in South Beach experienced the following events during the current year:
A few questions though could be asked to make it easier for me to understand. Some of these are: What would you consider as an individual product? What are cost drivers?
1. using the data from the koko company determine the divisional income from operations for the a and b regions.nbspa
What were the total cost and book value of property, plant, and equipment - what was the amount of depreciation expense for each of the 3 years 2009-2011?
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