MANAGERIAL ACCT.F/MANAGERS>CUSTOM< - 4th Edition - by Noreen - ISBN 9781307090147

MANAGERIAL ACCT.F/MANAGERS>CUSTOM<
4th Edition
Noreen
Publisher: MCG/CREATE
ISBN: 9781307090147

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Given information: Sales (19500units * $30 per unit) = $585000 Variable expenses = $408500...Chapter 4, Problem 4.1QThe overhead assigned between two products: Hubs: Activity cost PoolActivity rate(A) $Expected...Chapter 4B, Problem 4B.1EAbsorption costing and variable costing are different methods of calculation of product cost. Under...Data Amount $`Amount $Selling price per unit 50Manufacturing costVariable per unit product Direct...Unit production cost under variable costing: Variable costing unit product cost=Direct...Year 1 Variable cost of goods sold COGS=(Units Sold ×Unit product cost)=50000 units×$2 =$100,000...Unit product cost by using variable costing for year 1, 2 and 3 Year 1: Unit product cost by using...Chapter 5A, Problem 5A.1EDifference between activity-based costing and traditional costing methods: The activity-based...Plant wide overhead rate Plant wide overhead rate=Total overhead cost Number ofdirect direct labor...Calculate the product margin for product B300 and T500: Traditional Costing SystemProduct...Calculate the product margin using the traditional costing system: Traditional Costing SystemProduct...The classification of each activity is as follows: Activity #TypeaBatch LevelRaw materials are used...Relevant cost: Relevant cost is the cost that occurs when the management of the business takes any...Data Amount $`Amount $Cost of wool200,000Cost of separation process 40,000Sales value of...ParticularAmount $ Sales 75000 unit × $32 per unit2,400,000Less: Variable expense Direct materials...Differential Cost per DTotal Differential Cost 60000 drumsMake $ BuyMake BuyOutside supplier’s...Relevant cost of W for the one-time special order of 20,000 pounds ParticularAmount AG-5 300 pound...Capital budgeting evaluates investment projects by identifying future cash flows from the project....S. No.ParticularAmount $Amount $A Sales 300,000Less: ingredient 20% of sales60,000240,000B Fixed...Annual net cash inflow ParticularProduct AProduct BSales Revenue250000350000Less: Variable...Net present value for Common Stock: Present value of cash flow=FV(1 (1+r) n )=160000(1 (1+1.16) 3...Annual saving inventory carrying costs $210,000 Saving in labor cost is 25000 direct labor hour each...The present value of cash inflows for each investment is calculated as follows: Investment A...The net present value of the investment is calculated as follows: Year 0 Year 1 Year 2 Year 3 Year 4...A budget is a financial plan for a future period. These are prepared by an organization to plan for...Schedule of expected cash collection AprilMayJuneTotalCash sales...ParticularsAprilMayJuneTotalCash sales$60,000$66,000$78,000$204,000Credit...Expected cash sales= Expected sales value× 0.6 Expected credit sales= Expected sales value of...Compute expected cash collection. ParticularsJanuaryFebruaryMarchQuarterCash...A budget is a financial plan for a future period. Budgets are prepared by an organization to plan...Amount of revenue in flexible budget= (Variable element per customer served × Actual activity)Amount...Prepare production department’s planning budget ParticularsAmountBudget labor hours (a)8000...Evaluation of performance report prepared: Considering all cost to be variable. It cannot be assumed...Actors and directors wages: Varible costs respect to number of performances=Total CostsNumber of...Under the standard costing, the costs are recorded at their standard costs. The variances are...Raw material cost= (Raw material required per unit × Raw material coct per unit × Planning sales...Standard cost of A6 Standard cost =( ( Direct material cost of X442 per unit × Required material of...Chapter 11A, Problem 11A.1EChapter 11A, Problem 11A.8PA business needs to define the responsibilities of its business processes and centers. A business...Computation of margin Margin=Net operating incomeSales×100Margin=240,0001,200,000×100Margin = 20%For 1 monthThroughput time Throughput time= ( Process time+ Inspection time+ Move time +Queue time...Transfer price for lowest acceptable price. Transfer price≥ Variable cost per unit+Total...Variable costs charged to Northern plantVariable costs charged to northern plant= Northern plant...Cost-plus pricing is one of the pricing strategies for the price of a product or service. Under this...Chapter B, Problem B.1Q

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MGMR ACCT F/MANAGERS-CONNECT 180-DAY COD
5th Edition
ISBN: 9781265951627
MANAGERIAL ACCOUNTING F/MGRS.
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MANAGERIAL ACCOUNTING FOR MANGER CONNEC
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