28-When revenue equals expenses, the result is : Loss Zero cash balance Profit No profit no loss
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28-When revenue equals expenses, the result is :
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- What are the advantages and disadvantages of varyingthe size of the workforce to meet demand requirementseach period?Purple just sold Fred $4.9 billion of computer equipment. Fred immediately takes delivery and pays $1.6 billion in cash upon taking delivery; the remaining $3.3 billion is due n 30 days. Inventory associated with the order is $2.4. Ignore taxes. What is the impact of this transaction on: a. Revenues, b. Earnings, c. Receivables, d. Inventory, e. Cash Question content area bottom Part 1 a. Revenues change by $negative 3.3−3.3 billion. (Round to one decimal place. Use a negative sign for a decrease in value.) b. Earnings change by $enter your response here billion. (Round to one decimal place. Use a negative sign for a decrease in value.) c. Receivables change by $enter your response here billion. (Round to one decimal place. Use a negative sign for a decrease in value.) d. Inventory changes by $negative 9−9 billion. (Round to one decimal place. Use a negative sign for a decrease in value.) e. Cash changes by $enter your response here million.…Activity # 4 Preparation of Statement of Comprehensive Income1. Compute for the Cost of Goods Sold using the following: • Sales – 15,000 • Purchases – 2,000 • Purchase returns – 200 • Purchase discounts – 200 • Freight in – 100 • Beginning inventory – 1,000 • Ending inventory – 500
- chapter 7 4. Calculate the shortage or overage percent, given the following information. Present your answer with a percent sign, rounded to two decimal places (i.e. 19.64%). NOTE. There is another question in this quiz using the same data. Opening inventory $64,280 RTV $960 Gross purchases $123,645 Customer returns $9,780 Gross sales $105,420 Transfers in $12,219 Transfers out $9,769 Markdowns $15,290 Markdown cancellations $940 Employee discounts $670 Closing physical inventory $77,700Costs table: LayoffHiringInventory Totals: 36 36 55,209 Costs: $54,000 $162,000 $165,627 Cost of plan:$381,627 Planning values Starting inventory: 3,000 Starting and ending workforce: 214 Hours worked per month per hour: 240 Hours per unit: 30 Hiring cost per worker: $4,500 Layoff cost per worker: $1,500 Monthly per-unit holding cost: $3 Forecasted sales: Month Forecasted salesMarch 1,649April 1,427May 1,137June 976July 1,531August 1,976September 2,470October 2,529November 3,016December 2,910January 2,434February 1,945Assume that, you as a management accountant, are assigned to project a college’s maintenance costs for the next year. From company records, you can collect information related to costs and volumes for two possible cost drivers. Labor hours used in maintenance. Numbers of students enrolled. Month Total Maintenance Cost Number of hours Number of students 1 16,690 238 534 2 13,560 194 532 3 13,540 108 534 4 16,060 229 530 5 12,430 101 533 6 20,860 298 537 7 18,240 244 540 8 12,310 98 540 9 13,770 108 541 10 16,990 225 538 11 20,650 289 540 12 14,770 118 539 Next Semester 1 2 3 4 5 6 TOTAL Required: Prepare a Regression Analysis to determine the Cost Function. Assume that the number of students for the first semester for the…
- Percentage Service Provided toDepartment Cost S1 S2 P1 P2Service 1 (S1) $ 112,000 0% 40% 40% 20%Service 2 (S2) 44,000 20 0 40 40Production 1 (P1) 345,000Production 2 (P2) 216,000Total $ 717,000Brief Exercises 7-15 and 7-16 require the following information:7-15 What percentage of S1’s costs is allocated to P1 and to P2 under the direct method?7-16 What percentage of S2’s costs is allocated to P1 and to P2 under the direct method?What is chase demand plan?An activity's crash cost includes O Total O Direct O Indirect O Normal 4 O Overhead costs.
- Given the following data, calculate a) BEPx; b) BEPs; and c) the profit at I 00,000 units:P = $8/ unit V = $4/ unit F = $50,000cpmpute for 4 quarters pls40-"The profit contribution of a product remains constant, irrespective of level of production and sales" is one of the assumption of O a. Standard costing O b. Target costing O c. Linear programing model O d. Life cycle costing