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Meman

Haresh

When a company has post-acquisition expenditures related to Property, Plant, and Equipment it must determine whether the amount should be expensed as an ordinary repair or capitalized as a major repair, addition, or betterment. This requires considering the nature of the expenditure and the use of judgment. Many companies use a threshold amount. Any expenditure below the threshold is expensed. Items over the threshold are examined and a decision is made about whether to expense or capitalize the item. This approach is justified by both materiality and considering costs and benefits. For example, a company with $94 million in net property, plant, and equipment and $250 million of operating expenses would not consider a $100 repair as material. Plus, if the company had to spend thousands of dollars examining every repair expenditure, the costs of doing the analysis could easily outweigh the benefits. SouthEast Equipment has a large number of machines and equipment that are available for…

Please help with all answers.....part a part b and part c

Proctoring Enable X brewer5ce_exhibit10_2.jpg (795 X > brewer5ce_exhibit10_1.jpg (683 + 0 getproctorio.com/secured #lockdown toring Enabled: Assignment 4 i Saved 2 The Engine Guys produces specialized engines for "snow climber" buses. The company's normal monthly production volume is 7,000 engines, whereas its monthly production capacity is 14,000 engines. The current selling price per engine is $1,100. The cost per unit of manufacturing and marketing the engines at the normal volume is as follows: Costs per Unit for Engines 00:54:56 eBook Manufacturing costs: Direct materials Direct labour $ 100 176 Variable overhead 30 Fixed overhead 176 Subtotal $ 482 Marketing costs: Variable Fixed Subtotal Total unit cost $ 55 121 176 $ 658 Mc Graw Hill ming ngs Required: Answer the following independent questions. 1-a. The Provincial Bus Company wishes to purchase 700 engines in October. The bus company is willing to pay a fixed fee of $840,000 and reimburse The Engine Guys for all manufacturing…

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engageNOWv2 | Online teach x + n/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false O SOFTWARE UPDATE 34m macOS Big Sur 11.3.1 is available and will be instal later tonight. еBook E Print Item Single plantwide factory overhead rate Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $88,320. Overhead is allocated to the three products on the basis of direct labor hours. The products have the following budgeted production volume and direct labor hours per unit: Budgeted Production Direct Labor Hours Per Volume Unit Flutes 2,600 units 0.4 Clarinets 600 1.6 Oboes 1,400 1.2 If required, round all per unit answers to the nearest cent. a. Determine the single plantwide overhead rate. X per direct labor hour b. Use the overhead rate in (a) to determine the amount of total and per-unit overhead allocated to each of the three products. Total Per Unit Factory Overhead Cost Factory…

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NOWV2 | Online teach x + O SOFTWARE UPDATE eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress%3false macOS Big Sur 11.3.1 is available and will be in later tonight. O eBook Show Me How E Print Item Activity-Based Costing: Factory Overhead Costs The total factory overhead for Bardot Marine Company is budgeted for the year at $1,167,450, divided into four activities: fabrication, $507,000; assembly, $210,000; setup, $245,700; and inspection, $204,750. Bardot Marine manufactures two types of boats: speedboats and bass boats. The activity-base usage quantities for each product by each activity are as follows: Fabrication Assembly Setup Inspection Speedboat 9,750 dlh 31,500 dlh 70 setups 122 inspections Bass boat 29,250 10,500 515 853 39,000 dlh 42,000 dlh 585 setups 975 inspections Each product is budgeted for 5,500 units of production for the year. a. Determine the activity rates for each activity. Fabrication $ per direct labor hour Assembly 5 V per…

ENOWV2 | Online teachin X eAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Requiem:. a Britten's War Requi... eBook Show Me How Calculator Fresno Industries Inc. manufactures and sells high-quality camping tents. The company began operations on January 1 and operated at 100% of capacity (150,000 units) during the first month, creating an ending inventory of 20,000 units. During February, the company produced 130,000 units during the month but sold 150,000 units at $500 per unit. The February manufacturing.costs and selling and administrative expenses were as follows: Number of Unit Total Units Cost Cost Manufacturing costs in February 1 beginning inventory: Variable 20,000 $275.00 $5,500,000 Fixed 20,000 26.00 520,000 Total $301.00 $6,020,000 Manufacturing costs in February: Variable 130,000 $275.00 $35,750,000 Fixed 130,000 30.00 3,900,000 Total $305.00 $39,650,000 Selling and administrative expenses in February: Variable 150,000 $20.00…

Prepare a one-page summary/recommendation on your reading of the case.

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Engery Cost Savings (Green Computing)           The below data represents cost (expenses) and savings for Thom-Pierre Consultants (TPC) for all organizational computer use for 2018 and 2019. TPC implemented a green computer initiative in January 2019.             Operating Cost         Computer type General Computer Use (2018) Green Computer Use (2019) Savings     Notebook Dual Core 17490 9500       Notebook Quad Core 21000 12500       PC Dual Core 34500 21200       PC Core Duo 42000 21450       Servers Core Duo  25000 16550       Servers 4 Core Duo  30000 12450       Total

View Policies Current Attempt in Progress E-Flix rents DVDS that are mailed out to customers upon demand. E-Flix has identified three activities involved in getting the videos to its customers. Information on those activities for the month of July follows: Estimated Expected Use of Cost Drivers Cost Pools Cost Drivers Overhead Cost Order taking costs Number of orders $20,592 187,200 orders Technology support Number of minutes $11,700 234,000 minutes Picking and shipping Number of DVDS $39,624 330,200 DVDS costs During July, the Tucker family placed 17 orders consisting of 21 DVDs. Tucker required 7 minutes of tech support. Customers pay $9.00 per month to rent unlimited DVDS. Using ABC, how much overhead is applied to the Tucker family account for order taking costs? O $4.74 O $2.52 O $1.871 O $6.45 Submit Answer Save for Later Attempts: 0 of 1 used 2:27 PM 10/13/20 e

Before you begin this assignment review the Tying It All Together feature in the chapter. Best Buy Co., Inc. is a leading provider of technology products. Customers can shop at more than 1,700 stores or online. The company is also known for its Geek Squad for technology services. Suppose Best Buy is considering a particular HDTV for a major sales item for Black Friday, the day after Thanksgiving, known as one of the busiest shopping days of the year. Assume the HDTV has a regular sales price of $900, a cost of $500, and a Black Friday proposed discounted sales price of $650. Best Buy’s 2015 Annual Report states that failure to manage costs could have a material adverse effect on its profitability and that certain elements in its cost structure are largely fixed in nature. Best Buy, like most companies, wishes to maintain price competitiveness while achieving acceptable levels of profitability. (Item 1A. Risk Factors.) Requirements Calculate the gross profit of the HDTV at the regular…

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https://education.aima.in/processOnlineExam.action?onlineAssignmentDefinition.id 1444118538- Google Chrome A education.aima.in/processOnlineExam.action?onlineAssignmentDefinition.id=1444118538 A company produces X, Y and Z from a raw material M. For every 100 tonnes ofM put into production it obtains 50 tons of product X, 30 tons of Y and 15 tons of Z, while 5 tons goes as waste. The selling price of X, Y and z is Rs. 40. Rs, 60 and Rs. 80 per ton. The cost of raw material M is Rs. 20 and variable processing costs are Rs. 10. Variable marketing costs are budgeted to be at the rate of 10 percent of sales value. Budgeted fixed overheads per annum are: Manufacturing - Rs. 40,000, Marketing - Rs. 30,000, and Administration - Rs. 20,000. The company intends to process 10,000 tonnes of material M in the coming year. or Question 21:- Fixed Cost is Rs. a) O 75000 b) O 60000 E c) 90000 d) O 55000 TH NO Question 22:- Contribution is Rs. a) O 12 per unit b) . 15 per unit F c)O 16 per unit d) O 18…

8:48 ..l 82 bartleby.com = bartleby Q&A Sign in Business / Accounting / Q&A Library / Exercise 3 (M... Exercise 3 (Make or Buy a Compone... Start your trial now! First week $4.99! nly -> Question Exercise 3 (Make or Buy a Component) Cañada Inc., manufactures a variety of heating and air-conditioning units. The company is currently manufacturing all of its own component parts. An outside supplier has offered to sell a thermostat to Cañada for P200 per unit. To evaluate this offer, Cañada, Inc., has gathered the following information relating to its own cost of producing the thermostat internally: Per 15,000 Units _per Year P 900,000 1,200,000 150,000 750,000 Unit P60 Direct materials Direct labor Variable manufacturing overhead. Fixed manufacturing overhead, traceable Fixed manufacturing overhead, common, but allocated. Total cost.. 80 10 50* 100 P300 1,500,000 P4,500,000 • 40% supervisory salaries; 60% depreciation of special equipment (no resale value). Required: 1. Assuming that the…

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Continue: BFIN 300 Fal X M Inbox (11,43 X Week 4, We Do/Con A https://blackboard.albany.edu/webapps/assessment/take/take.jsp?course_assessment id=_152523 1&course_id= 157898 1&content id= 60538. To How To Factory Res.. O Honey P MyLab IT | Pearson M Inbox (10,367) - rde. Ot WN. CPU. Google WebAssign - Blackboard Learn K.J. Lee, CFA, an analyst with Water's Edge Securities, estimates the market risk premium is 6.80% and the risk-free rate is 2.10%. She's calculated the beta for Summerfield Tech as 0.94, and she estimates the expected return is: O Type here to search 5:54 PM 10/25/2021

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Please do not give solution in image format thanku

Service department charges and activity bases Middler Corporation, a manufacturer of electronics and communications systems, uses a service department charge system to charge profit centers with Computing and Communications Services (CCS) service department costs. The following table identifies an abbreviated list of service categories and activity bases used by the CCS department. The table also includes some assumed cost and activity base quantity information for each service for October. Budgeted Activity CCS Service Category Activity Base Budgeted Cost Base Quantity Help desk Number of calls $170,000 3,400 Network center Number of devices monitored 824,000 10,300 Electronic mail Number of user accounts 88,200 9,800 Number of handheld devices Handheld Technology support 118,300 9,100 issued One of the profit centers for Middler Corporation is the Communication Systems (COMM) sector. Assume the following information for the COMM sector: • The sector has 4,800 employees, of whom 35%…

In Principles of Accounting:  12th Edition Belverd E. + 5 others Publisher: Cengage Learning ISBN: 9781133593102   Please answer part three.

Edwards Ltd The next client Wayne tells you about is Edwards Ltd, where Wayne is evaluating the internal controls in the sales and receivables areas. Edwards manufactures small scale water purifiers which are then sold to retailers, with a year ending 30 June 2021. Wayne has identified the following internal control procedures. All sales are made on credit, with outstanding accounts due and payable within 30 days. Customers can purchase the water purifiers from Edwards by emailing or telephoning through their purchase order. Immediately on receipt of a customer’s request, a sales clerk prepares a sales order. Sales orders are manually pre-numbered and produced in triplicate. One copy of the sales order is sent to the shipping department, one to the invoicing department and one copy is filed in the sales department. On receipt of the sales order by the shipping department, the shipping clerk obtains the items from the warehouse, packages them, prepares a shipping note and arranges…

Wv2 | Online teachin X + takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A The following events took place for Technology Treasures Manufacturing Company during January, the first month of its operations as a produ digital video monitors: a. Purchased $138,600 of materials. b. Used $93,540 of direct materials in production. c. Incurred $182,560 of direct labor wages. d. Incurred $213,040 of factory overhead. e. Transferred $426,220 of work in process to finished goods. f. Sold goods for $660,000. g. Sold goods with a cost of $367,500. h. Incurred $86,200 of selling expense. i. Incurred $70,250 of administrative expense. Required: Using the information given, complete the following: a. Prepare the January income statement for Technology Treasures Manufacturing Company. Be sure to complete the statement heading. Refer to the lists of Accounts, Labels and Amount Descriptions list provided for the exact wording of the answer choices for text…