This information was collected for the first year of manufacturing for Appliance Apps: Prepare an income statement under variable costing, and prepare a reconciliation to the income under the absorption method.

Use the following information for Brief Exercises 4-34 and 4-35: Sanjay Company manufactures a product in a factory that has two producing departments, Assembly and Painting, and two support departments, S1 and S2. The activity driver for S1 is square footage, and the activity driver for S2 is number of machine hours. The following data pertain to Sanjay: Brief Exercises 4-35 (Appendix 4B) Sequential Method Refer to the information for Sanjay Company on the previous page. Now assume that Sanjay uses the sequential method to allocate support department costs. S1 is allocated first, then S2. Required: 1. Calculate the cost assignment ratios to be used under the sequential method for S2, Assembly, and Painting. Carry out your answers to four decimal places. 2. Allocate the overhead costs to the producing departments by using the sequential method.

Healthway uses a process-costing system to compute the unit costs of the minerals that it produces. It has three departments: Mixing, Tableting, and Bottling. In Mixing, at the beginning of the process all materials are added and the ingredients for the minerals are measured, sifted, and blended together. The mix is transferred out in gallon containers. The Tableting Department takes the powdered mix and places it in capsules. One gallon of powdered mix converts to 1,600 capsules. After the capsules are filled and polished, they are transferred to Bottling where they are placed in bottles, which are then affixed with a safety seal and a lid and labeled. Each bottle receives 50 capsules. During July, the following results are available for the first two departments (direct materials are added at the beginning in both departments): Overhead in both departments is applied as a percentage of direct labor costs. In the Mixing Department, overhead is 200 percent of direct labor. In the Tableting Department, the overhead rate is 150 percent of direct labor. Required: 1. Prepare a production report for the Mixing Department using the weighted average method. Follow the five steps outlined in the chapter. Round unit cost to three decimal places. 2. Prepare a production report for the Tableting Department. Materials are added at the beginning of the process. Follow the five steps outlined in the chapter. Round unit cost to four decimal places.

The cost of direct materials transferred into the Rolling Department of Kraus Company is $3,087,000. The conversion cost for the period in the Rolling Department is $124,600. The total equivalent units for direct materials and conversion are 4,200 tons and 890 tons, respectively. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below.     Open spreadsheet   Determine the direct materials and conversion costs per equivalent unit. Round your answers to the nearest dollar.   Direct materials cost per equivalent unit: $fill in the blank 2 per ton Conversion cost per equivalent unit: $fill in the blank 3 per ton

The following information has been extracted from the cost accounting information system database for Casio Ltd. The company manufactures Casio Calculators. The cost accountant wants to carry out some analysis on the following 5 costs to ascertain the behavior of the costs. The cost accountant extracted the values of the 5 costs at three activity levels of 24,000 units,30,000 units and 36,000 units. (Note: The cost accountant intends to use the units produced as the activity level in the cost analysis. Required: i) Using the information provided in the above table identify and explain how you classify each of the above costs according to behavior of cost approach. ii) From the above classification in (i) calculate the fixed cost for any mixed cost that is identified from the above 5 costs using the high-low cost estimation method.

Convert the accompanying database to an excel table to find: a. The total cost of all orders b. The total quantity of airframe fasteners purchased. c. The total cost of all orders placed with Manley Valve.

Convert the accompanying database to an Excel table to​ find: a.The total cost of all orders. b. The total quantity of airframe fasteners purchased. c. The total cost of all orders placed with Manley Valve.

Please look at the photo attached to answer questions below. 1. Prepare a statement of equivalent production to determine the equivalent units for direct materials ( from process 1 & Direct materials added) and conversion costs and the cost per equivalent unit for direct materials and Conversion costs. 2. Calculate the total cost of units completed and transferred to finish goods inventory, calculate cost of abnormal losses and calculate the cost of ending work in process inventory process 2. 3. Prepare better choice’s work -in-process - process 2 T Accounts , clearly showing the ending balance

a. Prepare a production report for the department using the Weighted Average methodand write the resulting journal entry to transfer theinventory to the next department. b. If the company had used the FIFO method, what would the cost per unit have been forMaterials and for Conversion?