Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $103,680. 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:

Bach Instruments Inc. makes three musical instruments: flutes, clarinets, and oboes. The budgeted factory overhead cost is $103,680. 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:

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Excel Applications for Accounting Principles

4th Edition

ISBN:9781111581565

Author:Gaylord N. Smith

Publisher:Gaylord N. Smith

Chapter16: Manufacturing Accounting (mfg)

Section: Chapter Questions

Problem 2R

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BE5.5 - Using Excel to Evaluate a Make-Versus-Buy Decision Student Work Area PROBLEM Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. Grunar Industries produces the component parts needed for its popular non-commercial-use drones. One of the key parts has become more costly to produce than first planned, however, so management is considering outsourcing that part. If the company decides not to manufacture this part, a portion of its fixed manufacturing overhead costs would continue. The costs to produce one such part internally and to purchase on part from the suppler are given here. Complete the schedule to support the decision of whether to make or buy the part. Relevant Costs to Make Relevant Cost to Buy Costs to produce internally…
TechPro offers instructional courses in e-commerce website design. The company holds classes in a buildingthat it owns. Classify each of TechPro’s costs below as (a) variable (V) or fixed (F) and (b) direct (D)or indirect (I). Assume the cost object is an individual class.1. Depreciation on classroom building2. Monthly Internet connection cost3. Instructional manuals for students4. Travel expenses for salesperson5. Depreciation on computers used for classes6. Instructor wage (per class)
Give typing answer with explanation and conclusion You are given the following information on a Company - ROAop = 10%, tc = 30% and rd = 5% if D/EV = 30%, what is ROE = ? Question 21 options: 8.05% 8.50% 10.00% 15.00% the answer is 8.5% but i dont understand how to get there can someone show me the work and break it down
You want to add a new Product and Services entry to your client's QuickBooks Online company. The service is installation of a server that doesn't include the cost of the hardware. Here are some steps for getting the job done. 1. Select the Gear icon, select Products and Services, then select New2. _____________________________________________3. In the Name field, type Server installation4. In the Sales information field, type Server installation5. Sale price/rate is $12506. In the Income Account drop-down, select Service/Fee Income7. Select Save and close Which option correctly completes Step 2? A. Select Product B. Select Inventory C. Select Service D. Select Non-inventory E. Select Bundle
TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns. Identify each of TechPro’s costs below as (a) variable or fixed and (b) direct or indirect by selecting the appropriate dropdowns. Assume the cost object is an individual class. Variable or Fixed Direct or Indirect 1. Instructional manuals for students 2. Advertising Fixed Indirect 3. Salesperson salary 4. Sales commissions 5. Computer printer ink 6. Depreciation on classroom building
** Please don't use hand writing and don't copy and paste *** I want new and unique answer .. Thank you ACT 301 Q2. RCR has two support departments, X1 and X2, and two operating departments, Z1 and Z2. RCR has decided to use the direct method and allocate variable X1 dept. costs based on the number of transactions and fixed X1 dept. costs based on the number of employees. X2 dept. variable costs will be allocated based on the number of service requests and fixed costs will be allocated based on the number of computers. The following information is provided: Support Departments Operating Departments X1 X2 Z1 Z2 Total Department variable costs 12,500 15,000 95,000 52,500 Total department fixed costs 14,500 27,500 105,000 45,000 Number of transactions 38 45 175 112 Number of employees 14 18 38 30 Number of service requests 30 18 38 25 Number of computers 15 20 25 30 You are…
ASK MATH SOLVER FIND Principles of Accounting Volume 2 19th Edition ISBN: 9781947172609 Author: OpenStax Publisher: OpenStax College bookmark_border expand_more Chapter 5 : Process Costing expand_more Section: Chapter Questions format_list_bulleted Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct... See similar textbooks Question Transcribed Image Text:Orion Ic., is a newly organized manufacturing business that plans to manufacture and sell 30,000 units per year of a new product. The following estimates have been made of the company's costs and expenses (other than income taxes): Variable Fixed per Unit Manufacturing costs: Direct materials........... Direct labor... Manufacturing overhead...$440,000 $ 38 47 Period costs: Selling expenses.... Administrative expenses. ..... 360,000 $800,000 $100 Totals ... a. What should the…
The manufacturing operations of Cullumber, Inc. had the followInventoriesRaw MaterialsWork in ProcessFinished GoodsJanuary 1Cost of goods sold$15.36026,88017,920GA$January 31Cullumber transferred $371,200 of completed goods out of WoCompute the cost of goods sold.Tavthook and Media$16.64029,44020,480 Please don't provide solutions in an image format thank you
Value chain classifications Match each of the following cost items with the value chain business function where you would expect the cost to be incurred: Business Function Cost Item Answera. Research and development 1. Labor time to repair products under warrantyb. Design 2. TV commercial spotsc. Production 3. Labor costs of fi lling customer ordersd. Marketing 4. Testing of competitor’s producte. Distribution 5. Direct manufacturing labor costsf. Customer service 6. Development of order tracking system forthe Internet7. Printing cost of new product brochures8. Hours spent designing childproof bottles9. Training costs for representatives to staff the customer call center10. Installation of robotics equipment in manufacturing plant
These are some of the problems assigned from Chapter: Operations and Productivity. Here is the link to access chapter in order to answer below problems. http://www.coursesmart.com/9780135106822/part01#X2ludGVybmFsX1BGUmVhZGVyP3htbGlkPTk3ODAxMzUxMDY4MjIvMjE= 1) John Lucy makes wooden boxes in which to ship motorcycles. John and his three employees invest a total of 40 hours per day making the 120 boxes. A) What is their productivity? B) John and his employees and discussed redesigning the process to improve efficiency. If they can increase the rate to 125 per day, what will be their new productivity? C) What will be their unit increase in productivity per hour? D) What will be their percentage change in productivity? 2) This year, Benson, Inc., will produce 57,600 hot water heaters at its plant in Yulee, Florida, in order to meet expected global demand. To accomplish that, each laborer at the Yulee plant will work 160 hours per month. If the labor productivity at the plant is 0.15 hot…
Please answer questions 4 and 5 in it's entirety. I already used another question to get 1,2 and 3. Please use exact terminology and use the image i've included to answer 5B. Due to erratic sales of its sole product—a high-capacity battery for laptop computers—PEM, Incorporated, has been experiencing financial difficulty for some time. The company’s contribution format income statement for the most recent month is given below: Sales (12,900 units × $20 per unit) $ 258,000 Variable expenses 129,000 Contribution margin 129,000 Fixed expenses 144,000 Net operating loss $ (15,000) Required: 1. Compute the company’s CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes that a $6,600 increase in the monthly advertising budget, combined with an intensified effort by the sales staff, will increase unit sales and the total sales by $90,000 per month. If the president is right, what will be the increase (decrease) in the company’s…
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