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!
Shady Lady sells window coverings (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year.
Commercial
Residential
$296,300
$480,500
$29,300
$49,600
118,500
309,500
80,500
228,300
149,600
508,700
$68,000
($28,200
)
The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential client base resides in close proximity to the company office, so travel costs are not as expensive on a per client visit for residential customers. As a result, she has decided to take a closer look at the overhead costs assigned to the two product lines to determine whether a more accurate product costing model can be developed. Here are the three activity cost pools and related information she developed:
Activity Cost Pools
Estimated Overhead
Cost Drivers
Expected Use of Cost Drivers per Product
Compute the activity-based overhead rates for each of the three cost pools. (Round answers to 2 decimal places, e.g. $12.25.)
Overhead Rate
$
Determine the overhead cost assigned to each product line. (Round Overhead Rate to 2 decimal places, 15.25 and final answers to 0 decimal places, e.g. $2,512.)
sold stock purchased ten months ago for 6000 for 3200.sold land that was a gift from jamess uncle for 150000. the
Norek Corp. owned 70% of the voting common stock of Thelma Co. On January 2, 2006, Thelma sold a parcel of land to Norek. The land had a book value of $32,000 and was sold to Norek for $45,000.
wendel stove company is developing a professional model stove aimed at the home market. the company estimates that
should roi be the only gauge a company uses to evaluate investments? also is it wise for a company to lose money on one
After paying out $225,794 in dividends, the balance went into retained earnings. If the firm's total retained earnings were $846,972, what was the retained earnings on its balance sheet on July 1, 2010?
nbspyear ending december 2012year ending december 2011year ending december 2010revenues400003500033000operating
What are the differences and similarities between walmart and kamart balance sheets? What classifications are presented?
Develop a memo to Texaco Inc’s chief accountant indicating the appropriate income tax allocation required for the above items, comprising the appropriate balance sheet presentation.
Fouch Company makes 30,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows.
Determine the taxpayer's gross income for tax purposes in each of the following situations. Olga, a cash basis taxpayer, traded a corporate bond on accrued interest of $300 for corporate stock with fair market value of $11,000 at the time of the ex..
listed below are nine technical accounting terms1. cost volume profit analysis2. contribution margin ratio3. variable
a new machine can be purchased for 1000000. it will cost 65000 to ship and 35000 to modify the machine. a 30000
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