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Question - A division has profit of $40 500, sales of $495 000 and an investment base of $225 000. If the required charge for capital is 18 per cent, determine:
1. the profit margin
2. the asset turnover
3. the return on investment
4. the relationship between the three measures in parts (a) to (c)
5. the residual income.
How do job costing, operations costing and process costing differ? Give two typical examples of products or organizations for each system.
Prepare budget schedules for June, July and August for purchases and for disbursement for purchases - Discuss the role of management accounting
What The first line that appears on the direct labor budget is? quantity of beginning direct materials ending inventory./projected sales in units.
Division Y of the same company would like to purchase all of its units internally. Division Y needs 9,900 units each period and currently pays $99 per unit
The Dallas plant of Oscar Chemical processes talphazine into zetazine and gammazine. A batch consists of 20,000 gallons of talphazine, costing $11,000.
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.
How to Compute the book value per share. (No preferred stock is outstanding.) (Round answer to 2 decimal places, e.g. 15.25.)
Beginning In process = 0; Ending in process = 800 units, 80% complete to labor; material is issued at beginning of processing. Compute materials price variance
Determine the standard direct materials cost per unit of finished product, assuming that there was no inventory of work in process
Under the direct method of determining the net cash provided by operating activities on the statement of cash flows, sales adjusted to a cash basis are
Describe cost-volume-profit analysis, including the explanation of the calculation and components. In what three ways can the contribution margin be useful in cost-volume-profit analysis?
What is the operating income using variable costing if 500 units are sold?Variable selling and administrative costs, Fixed manufacturing overhead
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