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Question - Xerox Corporation has been an innovator in its responsibility-accounting system. In one initiative, management changed the responsibility-centre orientation of its Logistics and Distribution Department from a cost centre to a profit centre. The department manages the inventories and provides other logistical services to the company's Business Systems Group. Formerly, the manager of the Logistics and Distribution Department was held accountable for adherence to an operating expense budget. Now the department "sells" its services to the company's other segments, and the department's manager is evaluated partially on the basis of the department's profit. Xerox Corporation's management feels that the change has been beneficial. The change has resulted in more innovative thinking in the development and has moved decision making down to lower levels in the company. Comment on the new responsibility-centre designation for the Logistics and Distribution Department.
At the end of the year, it found that actual overhead was $74,000 and manufacturing required 24,000 machine hours. Determine the predetermined overhead rate
Compute the equivalent units of material and of conversion that were required to complete the beginning inventory
Alex Mogilny Company, If AMC wishes to make a profit of $98,500, what is the total sales revenue that AMC must earn to do so?
Purchases in December 2020 are expected to be $113,200. Estimate cash disbursements related to purchases for each month of the first quarter of 2021
Prepare a CVP graph with "Units Sold" as the horizontal axis and "Dollars" as the vertical axis. Label the break-even point on the horizontal axis
National Furniture Company has 25,000 shares of cumulative preferred 2% stock, Determine the dividends per share for preferred stock
A-Z Construction Company was organized on May 1 of the current year. What is the amount of tax expense for the current year
Construct a contribution format segmented income statement that includes a Total column and columns for the East and West regions
What do put in an contribution format income statement? The company's fixed expenses each month are Advertising, Depreciation
Determine the amount of service department costs assigned to each of the homes using this allocation base. (Round percentages to two decimal places)
The pass-through rate of the mortgage pool is 5%. Assuming a prepayment multiplier of 100 PSA what is total amount of interest paid to the pass-through investor
question 1list and describe the four standards in the imas statement of ethical practice.question 2consider the
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