Week 3 - Final Project Milestone 1

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Question 1 Part 1 Gopaul Electronics designs and manufactures specialized switches for the telecommunications industry. The accounting records of the business reflect the following data at December 31, 2023: Inventory 1/1/2023 31/12/2023 Raw Materials $260,000 $230,000 Work In Progress $333,800 $218,800 Finished Goods $1,075,200 $615,000 Other information: Sales Revenue Factory supplies Direct Factory Labor Special Design Cost Raw Materials Purchased Plant janitorial service Depreciation: Plant & Equipment Plant Utilities Plant supervisor's salary Property Taxes 1 R & D for Graphic Designs Office Utilities Insurance on Plant & Equipment Delivery truck driver's wages Depreciation: Delivery truck Administrative Wages & Salaries Sales Commission $5,765,000 45,000 735,000 15,000 540,000 52,000 165,000 385,000 480,000 300,000 70,500 165,000 120,000 125,000 52,000 850,150 97,650 ¹ The property taxes should be shared: 60% manufacturing & 40% general & administrative costs. Required: a)…

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Question 1 of 2 View Policies Current Attempt in Progress Wildhorse Company manufactures its product, Vitadrink, through two manufacturing processes: Mixing and Packaging. All materials are entered at the beginning of each process. On October 1, 2022, inventories consisted of Raw Materials $31,720, Work in Process- Mixing $0, Work in Process-Packaging $305,000, and Finished Goods $352,580. The beginning inventory for Packaging consisted of 12,200 units that were 50% complete as to conversion costs and fully complete as to materials. During October, 61,000 units were started into production in the Mixing Department and the following transactions were completed. 1. Purchased $366,000 of raw materials on account. 2. Issued direct materials for production: Mixing $256,200 and Packaging $54,900. 3. Incurred labor costs of $340,258. (Use Wages Payable.) anAw~~ Used factory labor: Mixing $222,650 and Packaging $117,608. 5. Incurred $988,200 of manufacturing overhead on account. Applied…

Part 3 Analytics Assignment: Managerial Decision Making [The following information applies to the questions displayed below.] These questions relate to the Integrated Analytics Case: Bene Petit. Select the appropriate eBook link to open the Case Overview, Case Background, and Part 3: Managerial Decision Making. The following table summarizes the operating results for Bene Petit's first year of operations: Bene Petit First Year Operating Data: Single (1 Dual (1) serving) serving) 3,000 5,000 3,000 750 10,000 1,250 5,000 3,000 6 10 Family (1) Total serving) 12,000 20,000 48,000 61,000 3,000 5,000 12,000 20,000 24 40 Customer Meals Sold Total Customer Servings Customer Orders (Average = 4 meals per order) Number of Donated Meals (Average = 4 meals per order) Number of Donated Deliveries (500 meals per delivery) Additional information about selling prices, variable costs, and fixed costs is summarized below: • The average sales price for customer meals is $5 per serving. • The average…

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Item5 eBookPrintReferencesCheck my workCheck My Work button is now disabled1Item 5 Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales $ 36,480,000 Net operating income $ 2,808,960 Average operating assets $ 8,000,000 The company's minimum required rate of return 16% The division's residual income is closest to: Multiple Choice $2,808,960 $4,088,960 $(3,027,840) $1,528,960

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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…

References Chapter 3 Quiz Camden County College /camdenccinstructure.com/courses/3788/assignments/35967?module itern id-88693 Question 6 View Policies Current Attempt in Progress The Assembly Department shows the following information: Units Beginning Work in Process 20200 Ending Work in Process 64800 Units Transferred Out 30400 How many total units are to be accounted for by the Assembly Department? O64800 O95200. O 75000. O 85000. eTextbook and Media At X

ACCOUNT 249 Intro to Managerial Accounting Chapter 11 Canvas Homework – SHOW YOUR WORK Service Department Charges: Anibo Aviation Services has two operating divisions – Airframe Division and Powerplant Division. The company has a snack bar that serves the employees of both divisions. The costs of operating the snack bar are budgeted at $87,000 per month plus $0.90 per meal served. The company pays all the cost of the meals. The fixed costs of the snack bar are determined by peak-period requirements. The airframe Division is responsible for 58% of the peak-period requirements, and the Powerplant Division is responsible for the other 42%. For June, the Airframe Division estimated it would need 84,000 meals served, and the Powerplant Division estimated it would need 54,000 meals served. However, due to unexpected layoffs of employees during the month, only 54,000 meals were served to the Airframe Division. Another 54,000 meals were served to the Powerplant Division as planned. The snack…

ACCOUNT 249 Intro to Managerial Accounting Chapter 11 Canvas Homework – SHOW YOUR WORK Service Department Charges: Anibo Aviation Services has two operating divisions – Airframe Division and Powerplant Division. The company has a snack bar that serves the employees of both divisions. The costs of operating the snack bar are budgeted at $87,000 per month plus $0.90 per meal served. The company pays all the cost of the meals. The fixed costs of the snack bar are determined by peak-period requirements. The airframe Division is responsible for 58% of the peak-period requirements, and the Powerplant Division is responsible for the other 42%. For June, the Airframe Division estimated it would need 84,000 meals served, and the Powerplant Division estimated it would need 54,000 meals served. However, due to unexpected layoffs of employees during the month, only 54,000 meals were served to the Airframe Division. Another 54,000 meals were served to the Powerplant Division as planned. The snack…

Chapter 7-Financial Accounting and Management for EngineeringManagersThe ABC Company supplies products to a number of original equipment manufacturers(OEMs). It employs 5000 mostly unionized workers and generates about $2.2 billion inrevenue annually. In 2012, it won an “Excellence Award” from one of its major clientcompanies for having supplied an OEM product at the quality level of 10 defects per millionin three consecutive years, thereby exceeding the specific target of 15 defects per million setby this client.However, the corporate parent of the ABC Company was less than happy with its financialperformance. It declared this subsidiary a “Troubled Operation” in 2013, giving notice that ifits business performance did not improve within a certain time frame, the ABC Companywould be closed down or divested. The specific financial targets set by the corporate parentconsisted of (1) NOPAT to sales ratio at 5%, (2) EBIT to sales ratio at 10%, and (3) ROA at22.5%.Needless to say, ABC’s…

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ok k int ences Mc raw 124,011 Xx :: F1 Problem 6-3A (Algo) El Arroyo North has 18 employees within Denver City and County. All the employees worked a predominant number of hours within the city. The employees earned $9.40 per hour and worked 160 hours each during the month. The employer must remit $4.00 per month per employee who earns more than $500 per month. Additionally, employees who earn more than $500 per month must have $5.75 withheld from their pay. Required: What are the employee and company Occupational Privilege Tax for the employees of El Arroyo North? (Round your answers to 2 decimal places.) @ 2 Employee Employer W S X ommand F2 # 3 E D Occupational Privilege Tax M 15 80 F3 $ 4 R F Q F4 % 5 8 all/A PIL F8 I ( 9 J K CV B N M F9 0 S ) 0 L A w F10 P 4 ; F11 [ + ņ = * 4) F12 11 1 } ]

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100 points Add class comment Assume that you are a personnel officer in a manufacturing company and that one of your employees is a young engineering manager called Joseph Sykes. Joseph has been chosen to attend the local university' s Business School to study for a diploma in management. Joseph is reluctant to attend the course because he will have to study accounting; as an engineer, he thinks that it will be a waste of time for him to study such a subject. Required: Draft an internal memorandum addressed to Joseph explaining why it would be of benefit to him to study accounting.

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Sserg_lall20 / Midterm Exam One_FALL2020 / Exam 1_Part 2 - 10 Company XYZ produces computer laptops. During July 2019, the company produced 1,000 laptops. The company incurred OMR4,000 direct materials, OMR20,000 direct labor, OMR35,000 variable manufacturing overhead, OMR2,000 fixed manufacturing overhead and OMR15,000 total selling and administrative expenses. Calculate the manufacturing cost per unit for the month of July. out of question Select one: O a. OMR61 O b. OMR37 C. OMR76 O d. OMR59 O e. OMR24 Fi 11 Company XYZ has raw materials at the beginning of August of OMR150,000. During August, the company purchased additional raw materials of OMR30,000. During August also, the company used OMR120,000 raw materials; OMR100,000 directly on the production process and OMR20,000 related to maintenance of administrative cars. How much balance in the raw put of materials by the end of August? juestion 18

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Hi, Please refers to the attachment for question on ACC653 Advanced Managerial Accounting.  thank you!

1. What is the total manufacturing cost for 2020 2. What is the cost of goods manufactured for 2020 3. What is the cost of goods sold for 2020