[ad_1]

Get college assignment help at uniessay writers A homogeneous relationship exists when each activity whose costs are included in the dependent variable has the same cost driver. O True O False

Question: Investment In Capital Equipment (in € Thousand) N Useful Life Of The Equipment (in Years) 2.300 5 Residual Value Of The Equipment At The End Of Year 5 (in Thousand) Investment In Raw, Auxiliary And Operating Materials (in Thousand) Estimated Sales Volume In Year 1 (in € Thousand) Estimated Sales Volume In Years 2 To 5 (in Thousand) Sales Price Per …

Investment in capital equipment (in € thousand) n Useful life of the equipment (in years) 2.300 5 Residual value of the equipment at the end of year 5 (in thousand) Investment in raw, auxiliary and operating materials (in thousand) Estimated sales volume in year 1 (in € thousand) Estimated sales volume in years 2 to 5 (in thousand) Sales price per unit (E/unit) Variable costs per unit (E/unit) Fixed costs excluding depreciation (in € thousand) Depreciation, linear over useful life (in € thousand) Required rate of return (% p.a.) Tax rate (%) 300 300 500 600 8,00 5,00 800 400 12% 40%

Question: Pearl Products Limited Of Shenzhen, China, Manufactures And Distributes Toys Throughout South East Asia. Three Cubic Centimeters (cc) Of Solvent H300 Are Required To Manufacture Each Unit Of Supermix, One Of The Company’s Products. The Company Now Is Planning Rew Materials Needs For The Third Quarter, The Quarter In Which Peak Sales Of Supermix Occur. …

Pearl Products Limited of Shenzhen, China, manufactures and distributes toys throughout South East Asia. Three cubic centimeters (cc) of solvent H300 are required to manufacture each unit of Supermix, one of the company’s products. The company now is planning rew materials needs for the third quarter, the quarter in which peak sales of Supermix occur. To keep production and sales moving smoothly, the company has the following inventory requirements: a. The finished goods inventory on hand at the end of each month must equal 2,000 units of Supermix plus 20 % of the next month’s sales. The finished goods inventory on June 30 is budgeted to be 10,600 units. b. The raw materials inventory on hand at the end of each month must equal one-half of the following month’s production needs for raw materials. The raw materials inventory on June 30 is budgeted to be 66,000 cc of solvent H300 c. The company maintains no work in process inventories. A monthly sales budget for Supermix for the third and fourth quarters of the year follows Budgeted Unit Salea 43,000 48,000 58,000 38,000 28,000 Ly August September october November December 18,000 1 Prepare a production budget for Supermix for the months July, August, September, and October 3. Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total. Complete this question by entering your answers in the tabs below. Required 1 Required 3 Prepare a direct materials budget showing the quantity of solvent H300 to be purchased for July, August, and September, and for the quarter in total. Pearl Products Limited Direct Materials Budget July August September Third Quarter Required production in units of finished goods 44,000 50,000 44,000 36,000 Units of raw materials needed per unit of finished goods cc Units of raw materials needed to meet production Add: Desired units of ending raw materials inventory Total units of raw materials needed Less: Units of beginning raw materials inventory Units of raw materials to be purchased

Question: Aurum Appliances Manufactures Three Sizes Of Kitchen Appliances: Small, Medium, And Large. Product Information Is Provided Below. Large $1240 Medium Small Unit Selling Price $410 $630 Unit Costs: Variable Manufacturing Fixed Manufacturing Fixed Selling And Administrative Unit Profit (500) (270) (170) $300 (240) (40) (80) $50 (290) (150) (85) $105 Demand …

Aurum Appliances manufactures three sizes of kitchen appliances: small, medium, and large. Product information is provided below. Large $1240 Medium Small Unit selling price $410 $630 Unit costs: Variable manufacturing Fixed manufacturing Fixed selling and administrative Unit profit (500) (270) (170) $300 (240) (40) (80) $50 (290) (150) (85) $105 Demand in units 130 140 130 Machine-hours per unit 60 40 130 The maximum machine-hours available are 6300 per week. a short-run profit maximizing strategy? Which of the three product models should be produced first if management incorporates O small appliance O medium appliance O large appliance O both medium and large appliance

Question: Problem 1(30 % ) On 1st Of March 2018, Better Health Hospitals Inc. Decides To Sell Its Unprofitable Sunglasses Retailing Activity This Segment Generated In 2018 A Net Loss Of $340,000 And Its Assets Sold At A Loss Of $210,000. On March 22 2018, An Consequence The Company Suffered A Loss Of $420,000 Earthquake Provoked Several Damages To One Of The …

Problem 1(30 % ) On 1st of March 2018, Better Health Hospitals Inc. decides to sell its unprofitable sunglasses retailing activity This segment generated in 2018 a net loss of $340,000 and its assets sold at a loss of $210,000. On March 22 2018, an consequence the company suffered a loss of $420,000 earthquake provoked several damages to one of the company hospitals. As a On 1st of January 2018, the company decides that the useful life of ambulances should be lowered from 10 years to 8 years. All ambulances have been acquired the 1st of January 2016 The purchase price of the ambulances was $75,000. The company uses depreciation the straight-line method for For the whole year 2018 Better Health Hospitals Inc. reported an income from continuing operations of $1,250,000. tax rate is 30% Applicable Better Health Hospitals Inc. had 100,000 shares of capital stock outstanding throughout the year Prepare a condensed income statement including proper presentation of the discontinued sunglasses retail operations and the extraordinary loss include all appropriate earnings per share figures. www.euruni.edu

Question: Problem 2 (50%) At The Beginning Of 2018, Grand Petit Inc, Showed The Following Amounts In The Stockholders Equity Section Of Its Balance Sheet: Stoskholders’equity: Capital Stock, 2

Problem 2 (50%) At the beginning of 2018, Grand Petit Inc, showed the following amounts in the stockholders equity section of its balance sheet: Stoskholders’equity: Capital stock, 2

Question: Problem 3: (20 %) Fill The Empty Spaces Of The Following Chart Reflecting The Effects That Would Have 10 % Stock Dividends And 2 For 1 Stock Split On The Data Available Prior To The Operation: Stock Split: 2 For 1 Stock Dividends 10% Total Before Event Total Stockholders Equity Common Stock Paid In Capital Retained Earnings Number Of Shares Outstandin …

Problem 3: (20 %) Fill the empty spaces of the following chart reflecting the effects that would have 10 % stock dividends and 2 for 1 stock split on the data available prior to the operation: Stock split: 2 for 1 Stock Dividends 10% Total before event Total stockholders equity Common stock Paid in capital Retained earnings Number of shares outstandin Par value per share 2.00D.DD0 1.500.000 1.500.000 500.0DD 100.0DD 15

Question: Comprehensive Problem 1 The Following Information Applies To The Questions Displayed Below] On December 1, Year 1, John And Patty Driver Formed A Corporation Called Susquehanna Equipment Rentals. The New Corporation Was Able To Begin Operations Immediately By Purchasing The Assets And Taking Over The Location Of Rent-It, An Equipment Rental Company …

Comprehensive Problem 1 The following information applies to the questions displayed below] On December 1, Year 1, John and Patty Driver formed a corporation called Susquehanna Equipment Rentals. The new corporation was able to begin operations immediately by purchasing the assets and taking over the location of Rent-It, an equipment rental company that was going out of business The newly formed company uses the following accounts. Cash Capital Stock Retained Earnings Dividends Accounts Receivable Prepaid Rent Unexpired Insurance Office Supplies Rental Equipment Accumulated Depreciation: -Rental Equipment Maintenance Expense Notes Payable Income Summary Rental Fees Earned Salaries Expense Utilities Expense Rent Expense Office Supplies Expense Depreciation Expense Interest Expense Income Taxes Expense Accounts Payable Interest Payable Salaries Payable Dividends Payable Unearned Rental Fees Income Taxes Payable The corporation performs adjusting entries monthly Closing entries are performed annually on December 31. entered into the following transactions. During December, the corporation Dec.1 Issued to John and Patty Driver 20,000 shares of capital stock in exchange for a total of $240,000 cash Dec.1 Purchased for $288,000 all of the equipment formerly owned by Rent-It. Paid $168,000 cash and issued a 1-year note payable for $120,000. The note, plus all 12 months of accrued interest, are due November 30, Year 2 This question will be semt to your instructor for greding 1 of 2 Next Prev 4 V17 e to search Help Save

Question: All Individual Cost Items Included In The Dependent Variable Should Have A Different Cost Driver A Heterogeneous Cost Pool An Independent Relationship With The Independent Variable Economically Plausible Relationship With The Cost Driver An

All individual cost items included in the dependent variable should have a different cost driver a heterogeneous cost pool an independent relationship with the independent variable economically plausible relationship with the cost driver an

Question: 3. An Australian Investment Advisor Has Conducted A Meeting With High Net Worth Individuals And Noted That They Have A High Risk Appetite And Are Seeking Highest Return For Every Dollar Invested. The High Net Worth Individuals Are Successful Business Magnates And Celebrity Singers And Actors. The Following Table A Shows The Asset Allocation And The …

3. An Australian investment advisor has conducted a meeting with high net worth individuals and noted that they have a high risk appetite and are seeking highest return for every dollar invested. The high net worth individuals are successful business magnates and celebrity singers and actors. The following Table A shows the asset allocation and the expected returns for each asset class: Table A Equities Property 0.3 Bond Fund X 0.6 0.1 Fund Y 0.6 0.2 0.2 Fund Z 0.3 0.3 0.4 Asset Returns 0.0314 0.0762 0.01235 The variance-covariance of the three assets is given as the Table B below: Table B Bond Equities Property -0.001 Bond 0.0024 0.0005 0.00561 Equities Property0.0005 -0.001 0.0297 0.00561 0.0279 3.1) Use a matrix to present asset allocations of fund X, Y and Z, asset returns, and a matrix to present variance-covariance. Call them A, R, and B, if you wish 3.2) Select the appropriate Fund for the high net worth clients. 3.3) Derive the standard deviation of Fund X, Y and Z respectively. Please provide a short interpretation of not more than 100 words on the relative riskiness for suggesting the chosen fund to the client, based on the above matrices 3.4) Suppose that only fund X, Y and Z are available for investors in the market. An investor desires a portfolio as follows: a vector to present Bond EquityProperty Proportions 0.3 0.4 0.3 Denote the desired portfolio as d. Present d as a column vector, and construct the desired portfolio from funds available in the market.

Question: Comprehensive Problem 1 (The Following Information Applies To The Questions Displayed Below] On December 1, Year 1, John And Patty Driver Formed A Corporation Called Susquehanna Equipment Rentals. The New Corporation Was Able To Begin Operations Immediately By Purchasing The Assets And Taking Over The Location Of Rent-It, An Equipment Rental Company …

Get college assignment help at uniessay writers Comprehensive Problem 1 (The following information applies to the questions displayed below] On December 1, Year 1, John and Patty Driver formed a corporation called Susquehanna Equipment Rentals. The new corporation was able to begin operations immediately by purchasing the assets and taking over the location of Rent-It, an equipment rental company that was going out of business. The newly formed company uses the following accounts Cash Capital Stock Retained Earnings Dividends Accounts Receivable Prepaid Rent Unexpired Insurance Office Supplies Rental Equipment Accumulated Depreciation: Income Summary Rental Fees Earned Salaries Expense -Rental Equipment Maintenance Expense Notes Payable Accounts Payable Utilities Expense Rent Expense Interest Payable Salaries Payable Office Supplies Expense Depreciation Expense Interest Expense Dividends Payable Unearned Rental Fees Income Taxes Expense Income Taxes Payable The corporation performs adjusting entries monthly. Closing entries are performed annually on December 31. During December, the corporation entered into the following transactions Dec1 Issued to John and Patty Driver 20,000 shares of capital stock in exchange for a total of $240,000 cash Dec1 Purchased for $288.000 all of the equipment formerly owned by Rent-It. Paid $168,000 cash and issued a 1-year note payable for $120,000 The note, plus all 12 months of accrued interest, are due November 30, Year 2 This question will be semt to your instructor for grading. 2 of 2 Next

Question: / Bb Wk 3- WileyPLUS Week 3 Assignment [due Mon] *Exercise 10-3 Bonita Corporation Operates A Retail Computer Store. To Improve Delivery Services To Customers, The Company Purchases Four New Trucks On April 1, 2017. The Terms Of Acquisition For Each Truck Are Described Below. 1. Truck # 1 Has A List Price Of $54,750 And Is Acquired For A Cash Payment …

/ Bb Wk 3- WileyPLUS Week 3 Assignment [due Mon] *Exercise 10-3 Bonita Corporation operates a retail computer store. To improve delivery services to customers, the company purchases four new trucks on April 1, 2017. The terms of acquisition for each truck are described below. 1. Truck # 1 has a list price of $54,750 and is acquired for a cash payment of $50,735. 2. Truck #2 has a list price of $58,400 and is acquired for a down payment of $7,300 cash and a zero-interest-bearing note with a face amount of $51.100. The note is due April 1, 2018. Bonita would normally have to pay interest at a rate of 9% for such a borrowing, and the dealership has an incremental borrowing rate of 8 % . 3. Truck #3 has a list price of $58,400. It is acquired in exchange for a computer system that Bonita carries in inventory. The computer system cost $43,800 and is normally sold by Bonita for $55,480. Bonita uses a perpetual inventory system. 4. Truck # 4 has a list price of $51,100. It is acquired in exchange for 1,020 shares of common stock in Bonita Corporation. The stock has a par value per share of $10 and a market price of $13 per share. Prepare the appropriate journal entries for the above transactions for Bonita Corporation. (Round present value factors to 5 decimal places, e.g. 0.52587 and final answers to 0 decimal places, e.g. 5,275. Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select “No Entry” for the account titles and enter 0 for the amounts.) Credit Debit No. Account Titles and Explanation 1. 2. 3. 4. Ou

Question: Part III: Coors’ Performance In 1985 (20 Points) Q9 (5 Pts). How Had Coors’ Performance Changed By 1985 Compared To That In The Mid-1970s? Did You Find Any Change In Its Positioning? Note: Answer Based On Financial Data From Operating Statements In 1985 In Exhibit 9. Compare Coors With All Other Competitors, Not Just A-B.

A E Anheuser Busch Coors % of Net Revenue (A-B) % of Net Revenue C 1977 Barrels Sold 36.6 12.8 Net Revenue $1,684 ($1,340) ($73) ($102) $532 ($371) ($14) ($38) 80% 70% COGS Advertising Other SG

Question: Prepare A State Ment Of Cash Flows Workshe Et. The Following Information Is Available For Preparation Of The 2018 Statement Of Cash Flows. Balance Sheet December 31, For The Years: 2018 2017 Debits Cash Accounts Receivable Merchandise Inventory Prepaid Expenses Capital Assets Accumulated Depreciation 26,214 73,830 231,120 6,100 650,950 299.040 10,800 …

Prepare a state ment of cash flows workshe et. The following information is available for preparation of the 2018 statement of cash flows. Balance Sheet December 31, for the years: 2018 2017 Debits Cash Accounts receivable Merchandise inventory Prepaid expenses Capital assets Accumulated depreciation 26,214 73,830 231,120 6,100 650,950 299.040 10,800 64.200 192,600 7,175 625,950 281,700 689,174 S 619,025 Credits Accounts payable 62.044 51,703 8,121 Salaries payable Interest payable Bonds payable Long-term notes payable Common shares 6.497 28,216 197,000 155,700 136.200 207,000 125,000 116,200 84.441 Retained earnings 103,517 619.025 S 689.174 The 2018 Income statement contained the following information 834,600 Sales Expenses: Cost of goods sold Wages expense Other operating expenses Depreciation Total expenses 459,030 211,154 58,000 56,340 784,524 50,076 7,800 (1.200) 56676 Operating Income Gain on sale of assets Loss on retirement of bonds Net income Other notes Gain on sale of assets was $7.800, This resulted from the sale of assets which had an original cost of $65,000 accumulated depreciation of $39,000. Bonds had been originally sold for $10,000. The bonds were repurchased on the market at fair value. Capital assets costing $90,000 were purchased using $46,800 in cash, and issuing notes payable for the balance. Issued common shares for cash, none were repurchased. Paid cash dividends. Required: 1. Complete a worksheet used for preparation of a statement of cash flows. Ensure that your documentation will enable a reviewer to follow your work. A blank worksheet is provided. 2. Prepare a Statement of Cash Flows. Worksheet 2017 Debit Credit Debit Accounts 2018 Cash 10,800 26,214 Accounts receivable Merchandise inventory Prepaid expenses 64,200 73,830 192,600 231,120 7,175 6,100 Capital assets 625,950 650,950 900,725 988,214 Credit Accounts Accumulated depreciation 281,700 299,040 Accounts payable 51,703 62,044 Salaries payable 8,121 6,497 Interest payable 26,560 28,216 Bonds payable 207,000 197,000 Long-term notes payable Common shares 125,000 155,700 136,200 116,200 Retained earnings 103,517 84,441 900,725 988,214 Operations Net Income Amortization Gain on sale of plant asset Loss on retirement of bonds Accounts receivable Merchandise inventory Prepaid expenses Accounts payable Salaries payable Interest payable Total Operations Investing Sale of capital assets Purchase of assets Total investing Financing Retirement of bonds Repayment of note payable Issue of shares dividends Total financing

Question: PART I. PURCHASES AND SALES OF MERCHANDISE (Module 7) Suppose Heat Miser Air Conditioner Company Engaged In The Following Transactions During June Of The Current Year: Purchased Inventory On Account With Credit Terms Of 1/10, N/EOM, $1,600. Returned 40% Of The Inventory Purchased On June 3. It Was Defective. Jun. 3 9 Sold Goods For Cash, $920 (cost, …

PART I. PURCHASES AND SALES OF MERCHANDISE (Module 7) Suppose Heat Miser Air Conditioner Company engaged in the following transactions during June of the current year: Purchased inventory on account with credit terms of 1/10, n/EOM, $1,600. Returned 40% of the inventory purchased on June 3. It was defective. Jun. 3 9 Sold goods for cash, $920 (cost, $550). 12 Purchased goods for $5,000 on account. Credit terms were 3/15, n/30 15 Paid a $260 freight bill on goods purchased. 16 Sold inventory for $4,000 cash (cost, $2,360). 17 18 Sold inventory for $2,000 on account with credit terms of 2/10, n/30 (cost, $1,180). 22 Received returned goods from the customer of the June 17 sale, $800 (cost, $480). Paid supplier for goods purchased on June 15. 24 Received cash in full settlement of the account from the customer who purchased inventory on June 18. 28 Paid the amount owed on account from the purchase of June 3. 29 30 The company estimated that $400 of merchandise sold will be returned with a cost of $240. (Source is the Chapter 5 Check Your Understanding problem on pages 284- 286. Solution is on pages 285- 286.) Instructions: Use the data from the scenario above to right the journal entries for each of the transactions identified above. Use the journal entry grid on the following two pages. Each journal entry should be identified by its date. Debit Credit Account Name Date

Question: On January 1, 2017, The Campus Bookstore Has 1,000 Copies Of The Accounting Textbook In Beginning Inventory, At A Cost Of $70 Each. The Bookstore Then Purchases 600 Copies At $75 Each In April And Another 1,200 Copies In July At $80 Each. The Bookstore Sells A Total Of 2,400 Copies Of The Textbook Throughout 2017 NOTE: I Teach PERIODIC Inventory In …

On January 1, 2017, the campus bookstore has 1,000 copies of the Accounting textbook in Beginning Inventory, at a cost of $70 each. The bookstore then purchases 600 copies at $75 each in April and another 1,200 copies in July at $80 each. The bookstore sells a total of 2,400 copies of the textbook throughout 2017 NOTE: I teach PERIODIC inventory in Chapter 6. For textbook examples, you must refer to Appendix 6A at the end of the Chapter 6. If you try to go into the body of the chapter for assistance, you will use the wrong methodology for all of your calculations. Answer the following questions. [You must show your work to receive credit] Complete the chart using the information from the scenario above. a. COGS/Inventory #of Units Cost per Unit Activity Total Cost Date Cost of Goods Available for Sale Units Available for Sale Units in Ending Inventory Units Sold On December 31, Calculate Cost of Goods Sold (COGS) and Ending Inventory using FIFO. b. Complete the chart using the information from the scenario above. a. COGS/Inventory # of Units Cost per Unit Activity Total Cost Date Cost of Goods. Available for Sale Units Available for Sale Units in Ending Inventory Units Sold b. On December 31, Calculate Cost of Goods Sold (COGS) and Ending Inventory using LFO. locimal when calulatiog your Weled Avage Noter if you getarpeat Round your Weighted Average Cost per Unit to S Calcutte hding Inventory 3Use COGASiding inventoryasyour coGS caloulaton

Question: On January 1, 2017, The Campus Bookstore Has 1,000 Copies Of The Accounting Textbook In Beginning Inventory, At A Cost Of $70 Each. The Bookstore Then Purchases 600 Copies At $75 Each In April And Another 1,200 Copies In July At $80 Each. The Bookstore Sells A Total Of 2,400 Copies Of The Textbook Throughout 2017. NOTE: I Teach PERIODIC Inventory In …

On January 1, 2017, the campus bookstore has 1,000 copies of the Accounting textbook in Beginning Inventory, at a cost of $70 each. The bookstore then purchases 600 copies at $75 each in April and another 1,200 copies in July at $80 each. The bookstore sells a total of 2,400 copies of the textbook throughout 2017. NOTE: I teach PERIODIC inventory in Chapter 6. For textbook examples, you must refer to Appendix 6A at the end of the Chapter 6. If you try to go into the body of the chapter for assistance, you will use the wrong methodology for all of your calculations Answer the following questions. [You must show your work to receive credit]: Complete the chart using the information from the scenario above. a. Date Activity #of Units COGS/Inventory Total Cost Cost per Unit Cost of Goods Available for Sale Units Available for Sale Units in Ending Inventory Units Sold On December 31, Calculate Cost of Goods Sold (COGS) and Ending Inventory using Weighted Average. b. repeating decimal when calculating your Weighted Average: Note: If you get a 1. Round your Weighted Average Cost per Unit to $x.xx 2. Calculate Ending Inventory first. 3. Use “COGAS -Ending Inventory” as your COGS calculation.

Question: Assume A Company Expects To Sell 2 Million Packages Of Pop-Tarts Gone Nutty! In The First Year After Introduction But Expects That 50 Percent Of Those Sales Will Come From Buyers Who Would Normally Purchase Existing Pop-Tart Flavors (that Is, Cannibalized Sales). The Price For A Package Of Pop-Tarts Gone Nutty! Is $1.35 And Its Variable Cost Is $0.65, …

Assume a company expects to sell 2 million packages of Pop-Tarts Gone Nutty! in the first year after introduction but expects that 50 percent of those sales will come from buyers who would normally purchase existing Pop-Tart flavors (that is, cannibalized sales). The price for a package of Pop-Tarts Gone Nutty! is $1.35 and its variable cost is $0.65, when the price for a package of original Pop-Tart is $1.00 with variable cost of $0.25. Assuming the sales of regular Pop-Tarts are normally 300 million packages per year and that the company will incur an increase in fixed costs of $450,000 during the first year to launch Gone Nutty! will the new product be profitable for the company? Determine the unit contributions and the loss for every package cannibalized from the original product. (Round to the nearest cent.) Loss for every package cannibalized original Pop-Tarts Pop-Tarts Gone Nutty $ 0.70 $0.05 $0.75 Unit contribution $1 (Round to the nearest dollar.) Contribution lost due to cannibalization is S Incor

Question: Wiat IA And Yieid Variances Are. Apra CORNERSTONE EXERCISES JECTIVE 1 STONE 9.1 Cornerstone Exercise 9.1 Calculating Standard Quantities For Actual Production Guillermo’s Oil And Lube Company Is A Service Company That Offers Oil Changes And Lubrication For Automobiles And Light Trucks. On Average, Guillermo Has Found That A Typical Oil Change Takes …

wiat IA and yieid variances are. Apra CORNERSTONE EXERCISES JECTIVE 1 STONE 9.1 Cornerstone Exercise 9.1 Calculating Standard Quantities for Actual Production Guillermo’s Oil and Lube Company is a service company that offers oil changes and lubrication for automobiles and light trucks. On average, Guillermo has found that a typical oil change takes 24 minutes and 6.2 quarts of oil are used. In June, Guillermo’s Oil and Lube had 980 oil changes. Calculati ending Required Calculate the number of quarts of oil that should have been used (SO) for 980 oil changes. 2 Calculate the hours of direct labor thatt should have been used (SH) for 980 oil changes. what if there had been 970 oil changes in June? Would the standard quantities of oil (in quarts) and of direct labor hours be higher or lower than the amounts calculated in Require- ments I and 2? What would the new standard quantities be? dsdcom dont digi Cornerstone Exercise 9.2 Calculating the Direct Materials Price Variance and thepma irect Materials Usage Variance Refer to . Cornerstone Exercise 9.1. Guillermo’s Oil and Lube Company provided the following 10Y or C information for the production of oil changes during the month of June: bns- amuo Actual number of oil changes performed: 980 Actual number of quarts of oil used: 6,020 quarts Actual price paid per quart of oil: $5.10 Standard price per quart of oil: $5.05 would merbond Required: I Calculate the direct materials price variance (MPV) and the direct materials usage variance (MUV) for June using the formula approach.s abooD barleini batebb.000 2 Calculate the direct materials price variance (MPV) and the direct materials usage variance (MUV) for June using the graphical approach. 3 Calculate the total direct materials variance for oil for June.nibes ad a omu 4. What if the actual number of quarts of oil purchased in June had been 6,100 quarts, and the materials price variance was calculated at the time of purchase? What would be the materi- als price variance (MPV? The materials usage variance (MUV Volume ola o1 aot uo D bodziniah Cornerstone Exercise 9.3 Calculating the Direct Labor Rate Variance and the Direct Labor Efficiency Variance Refer to Cornerstone Exercise 9.1. Guillermo’s Oil and Lube Company provided the following nformation for the production of oil changes during the month of June: a blo 005291 no ronActual number of oil changes performed: 980 ob e Actual number of direct labor hours worked: 386 hours Actual rate paid per direct labor hour: $14.50 ollo Standard rate per direct labor hour: $14.00 that enotnemo amvosgmo daibam dinom sdo oresMang devel 1. Calculate the direct labor rate variance (LRV) and the direct labor efficiency variance Required: (LEV) for June using the formula approach. n) sto bd isvo aldaney bebos 2 Calculate the direct labor rate variance (LRV) and the direct labor efficiency variance LEV) for June using the graphical approach. 3. Calculate the total direct labor variance for oil changes for June. 9boiupo 4. What if the actual wage rate paid in June was $12.40? What impact would that have had on the direct labor rate variance (LRV? On the direct labor efficiency variance (LEVY? Cornerstone Frarcico 9.4 Using Control Limits to Determine When to Investigate a OB a O O

Question: N Inventory At A Total Cost Of $1,100,000. If These Computers Are Upgraded Tawstir Corporation Has 800 Obsolete Personal Computers That Are Carried $750,000. As An Alternative, The Computers Can Be Sold In Their Present Condition For $690,000. Ta Total Cost Of $40,000, They Can E Sold For A Total Of What Is The Net Advantage Or Disadvantage To The Company …

n inventory at a total cost of $1,100,000. If these computers are upgraded Tawstir Corporation has 800 obsolete personal computers that are carried $750,000. As an alternative, the computers can be sold in their present condition for $690,000. ta total cost of $40,000, they can e sold for a total of What is the net advantage or disadvantage to the company from upgrading the computers rather than selling them in their present condition? O $20,000 advantage O $20,000 disadvantage O $60,000 advantage O $60,000 disadvantage

Question: Home G Transt X Search C Solved X LUFO L X Chapt CA New Chapt Xx C Sohved Https://newconnect.mheducation.com/flow/connect.html?returnUrl Https % 3A % 2F % 2Fconnect.mheducation.com/. X Secure Chapter 9 Homework Subitted 60/60 Total Points Awarded Help Explanation Show Correct Answers 4 Royal Gorge Company Uses The Gross Profit Method To Estimate Ending …

Home G Transt x Search C Solved x LUFO L X Chapt CA New Chapt Xx C Sohved https://newconnect.mheducation.com/flow/connect.html?returnUrl https % 3A % 2F % 2Fconnect.mheducation.com/. x Secure Chapter 9 Homework Subitted 60/60 Total points awarded Help Explanation Show correct answers 4 Royal Gorge Company uses the gross profit method to estimate ending inventory and cost of goods sold when preparing monthly financial statements required by its bank. Inventory on hand at the end of October was $59,500. The following information for the month of November was available from company records 10/10 points awarded Purchases Freight-in Sales $120.000 Scored 4,e00 230,000 15,eee 9,eee Sales returns Purchases returns eBook References In addition, the controller is aware of $13,000 of inventory that was stolen during November from one of the company’s warehouses. Required: 1. Calculate the estimated inventory at the end of November, assuming a gross profit ratio of 40 % . 2. Calculate the estimated inventory at the end of November, assuming a markup on cost of 60 % Complete this question by entering your answers in the tabs below. Required 1 Required 2 Calculate the estimated inventory at the end of November, assuming a markup on cost of 60%. ( Do not round intermediate calculations.) Dnninninn inanetann Ma Graw Next>

The post Question: A Homogeneous Relationship Exists When Each Activity Whose Costs Are Included In The Dependent Variable Has The Same Cost Driver. O True O False appeared first on uniessay writers.

[ad_2]

Source link