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Healthy Hound inc. Makes two lines of dog food (1) basic chunks and (2) custom cuts. The basic chunks line is a dry food that is process almost entirely bye an automated process custom cards is a canned food made with real horse meat the slab of meat market in trimmed by hand before being scheduled into an automated canning machine basic chunks sounds very well nspro significantly below come tel aviv brands self and custom cards have been on the decline as the company has failed to keep the prayer and praise competitive other information concerning each product line is provided below. Basic chunks custom cuts Number of units produced and sold per month. 50,000 20,000 Direct material $2. $4 Cost per unit Direct labor. $12. allocated manufacturing overhead to each product line on the basis of direct labourthe company currently allocated manufacturing overhead to each product line on the basis of direct labor hours budgeting manufacturing overhead per month is $24600 whereas budgeting direct labor hours amounts to 2500 per month healthy hounds recently hired a consultant to examine it cost accounting system she recommended that the company adapt activity based costing to allocate manufacturing overhead she propose that the following cost pool and cost drivers be used Cost poUtilities ount Cost. Total Allocated Driver. Driver vol Utallocationallocation0. KWh. 1,000kWh Maintenance. 1,000. mh. 200mh Dep.of plant. 15,000.Sq.ft. 80,000sq.ft. Equipment Miscellaneous 600. DLH. 2,500DLH Total allocationallocation $24,600 Cost driver Basic chunks. Custom cuts kwh. 90,000. 10,000 Machine hrs. 160mh. 40mh Sq. ft. Occupied. 60,000. 20,000 Direct labor hrs. 500DLH 2,000DLH instructions A.allocate manufacturing overhead costs to each product line using direct labor hours as a single cost driver B. Allocate manufacturing overhead cost to each product line using the activity based costing approach recommended by the consultant C. compute the total monthly manufacturing assigned to each product line when activity based costing is used to allocate manufacturing overhead D. Assume that the company that sets selling prices as a fixed percentage above the total manufacturing costs allocated to each product line. on the basis of your result from parts a, and b discuss a possible reason why sales of custom cuts product line are currently experiencing a decline E. discuss reasons why the company adopt the recommendation of the consultant and implement an activity based costing system
A regular annuity
future value calculation without referring to the preprogrammed function on your financial calculator or to tables use
At the end of fiscal year 2010, the Acme Company wishes to declare $50,000 in common stock dividends. They currently have 100,000 shares of common stock outstanding and 5,000 shares of $100 par value, 5%, cumulative preferred stock.
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Journalize the bond issuance. Using the bond from the above journalize the first interest payment and the amortization of the related bond discount.
What is the distinction between expenditures and expenses as the terms are used in governmental accounting?
motorcycle manufacturers inc. projected sales of 76000 machines for 2012. the estimated january 1 2012 inventory is
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In addition, during the year they drove 109 miles for medical transportation, and their insurance company reimbursed them $900 for the above expenses. Calculate the Murphy's medical expense deduction.
How would you change the accounting system for the business? What additional accounts would be needed? How would the financial statements change?
fosson furniture uses a process cost system to account for its chair factory. beginning inventory consisted of 5000
why would depreciation be more for tax purposes than for book? Is this legal? If so, is a company required to have different depreciation methods for book and tax purposes?
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