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!
Question - Hopson Inc. uses a volume-based costing system that applies overhead cost based on direct labor hours at $250 per direct labor hour. The company is considering adopting an activity-based costing system with the following data:
Activity Area
Cost Driver
Cost Driver Rate
Materials handling
# of parts
2.5
Machine runs
# of turns
0.6
Milling
# of machine hours
20.0
Grinding
1.5
Testing
# of units tested
15.0
The two jobs processed in the month of June had the following characteristics:
Job 101
Job 102
Direct material costs
$20,000
$60,000
Direct labor costs
$2,000
$30,000
# of direct labor hours
50
500
1,000
3,000
20,000
50,000
150
20
250
Required -
a. Compute the unit manufacturing cost of each job under the firm's current volume-based costing system.
b. Compute the unit manufacturing cost of each job under the activity-based costing system.
c. Compare the unit manufacturing cost for Jobs A and B computed in requirements 1 and 2.
d. Why do the two cost systems differ in their total cost for each job?
e. Why might these differences be important to the Company?
Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest. How much control does the Fed have over this longer real rate?
Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.
Accounting problems, Draw a detailed timeline incorporating the dividends, calculate the exact Payback Period b) the discounted Payback Period. the IRR, the NPV, the Profitability Index.
Term Structure of Interest Rates
Write a report on Internal Controls
Prepare the bank reconciliation for company.
Create a cost-benefit analysis to evaluate the project
Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR
Distinguish between liquidity and profitability.
Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.
Simple Interest, Compound interest, discount rate, force of interest, AV, PV
CAPM and Venture Capital
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