Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
During the past 15 months, a new product has been under development that allows users handheld access to e-mail and video images. Martinez named the product the Wireless Wizard and has been quietly designing two models: Standard and Enhanced. Development costs have amounted to $207,000 and $288.000. respectively. The total market demand for each model is expected to be 57.000 units, and management anticipates being able to obtain the following market shares: Standard. 25 percent: Enhanced. 20 percent. Forecasted data follow.
Standard
Projected selling price
$ 430.00
Production costs per unit:
Direct material
59.00
Direct labor
31.00
Variable overhead
53.00
Marketing and advertising per product line
Sales salaries per product line
Sales commissions'
Since the start of development work on the Wireless Wizard, advances in technology have altered the market somewhat, and management now believes that the company can introduce only one of the two models. Consultants confirmed this fact not too long ago. with Martinez paying $36.200 for an in-depth market study. The total fixed overhead is expected to be the same regardless of which product is manufactured.
Required:
1. Compute the per-unit contribution margin for both models.
Evaluate the comment by the accountant of HAR in respect of the deductibility of expenses and outgoings under Hong Kong salaries tax and profits tax.
Prepare a statement of cash flows for 2011 using the indirect method - TAGUCHI COMPANY
Prepare a corrected trial balance. balances for Accounts Receivable and Service Revenue are $2,750 and $6,690, respectively.
Prepare a contribution margin income statement separating all variable and fixed costs into their own categories - product to manufacture and to describe the manufacturing process.
Calculate the variances for the year ended December 31,2011, identify the person/department to get additional information from regarding the variances and lastly suggest one plausible explanation for each variance.
Determine account balances of the T accounts and accounts containing a single entry only (such as Prepaid Insurance) do not need a balance.
Prepare all required journal entries to reflect the transactions described. Indicate the type of fund in which the entries should be made.
The following data relate to the operations of Lim Corporation, a wholesale distributor of consumer goods: Current assets as of December 31:Cash $6,000 Accounts receivable $36,000 Inventory $9,800
Discuss how the management and risk at each level of the corporation is brought together into a comprehensive risk management program.
Corresponds to CLO 4(b) Ferguson Molding Company produces custom bottle caps and jar covers for large cosmetic companies. Each customer owns the custom-made molds that are used for the caps and jar covers, so caps are produced only to customer ord..
Calculate the approximate equivalent annual percentage cost of a discount of 2%, which reduces the time taken by credit customers to pay from 70 days to 30 days.
Draw a scatter diagram of CRSL customers and staff costs and mark the relevant range and high-low method to estimate the behaviour of CRSL staff cost based on customer numbers within the relevant range. Use an equation to express the results of thi..
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd