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!
Super Bike Manufacturing Company presents the following data for year 2016:
Opening inventory: 0 UnitsSales: 8,000 UnitsProduction: 10,000 UnitsClosing inventory: 2,000 UnitsDirect materials: $240Direct labor: $280Variable manufacturing overhead expenses: $100Variable selling and administrative expenses: $40Fixed manufacturing overhead expenses: $1200,000Fixed selling and administrative expenses: $800,000
Required:
Problem 1: Using the data given above, compute the unit product cost of one bike under:
Compute the break-even point in dollars for 2014 and compute the contribution margin under each of the alternative courses of action.
Why would the company choose to process further? A company produces a product that currently costs $8 in variable costs and $2 in fixed costs
Prepare cash budget for April, May, and June as well as in total for the quarter. Dividends of $25,000 will be declared and paid in April.
The Shop's rent is $1,200 per month, and salaries are $1,500 a month. If the shop sold 4,000 cards last year, what was its gross profit?
How process costing differs from job order costing? Would a pharmaceutical manufacturer use process or job order costing? Why?
The following Trial Balance is drawn by a person who is not well versed in accounting process. You are required to re-draft the Trial Balance correctly.
Find what would become the new break-even point in unit sales? In dollar sales, If the company's fixed expenses increase by $600
Plum follows a policy of recording all prepaid expenses to asset accounts at the time of cash payment. On July 1 Plum should record?
Calculate the quantity of work in process (WIP) inventory in the Mixing department, and analyze the conversion cost (after computing it).
Reconcile the differences between the two profit figures and explain the circumstances in which one method may be more suitable than the other.
Discuss the advantages and disadvantages of a standard costing system in which the standard direct labour rates per hour are not changed during the year to reflect events such as a new labour contract.
If the Estimated Warranty Liability account had a $10,000 credit balance on May 31, what should be the account balance as of June 30?
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