Reference no: EM132516620
Question 1) Parwin Corporation plans to sell 30,000 units during August. If the company has 11,500 units on hand at the start of the month, and plans to have 12,500 units on hand at the end of the month, how many units must be produced during the month?
A. 41,500
B. 29,000
C. 42,500
D. 31,000
Question 2) When preparing a production budget, the required production equals:
Select one:
A. budgeted sales - beginning inventory + desired ending inventory.
B. budgeted sales + beginning inventory - desired ending inventory.
C. budgeted sales + beginning inventory + desired ending inventory.
D. budgeted sales - beginning inventory - desired ending inventory.
Question 3) Pittman Framing's cost formula for its supplies cost is $1130 per month plus $13 per frame. For the month of November, the company planned for activity of 611 frames, but the actual level of activity was 603 frames. The actual supplies cost for the month was $8500. The spending variance for supplies cost in November would be closest to:(show workings)
Select one:
A. $469 F
B. $573 F
C. $573 U
D. $469 U
|
Prepare the schedule of cost of goods sold for nani fashions
: Prepare the schedule of cost of goods sold for Nani's Fashions and explain the information provided by the schedule of cost of goods sold.
|
|
Compute the cost of goods sold for the sale
: Using weighted average, compute the cost of goods sold for the sale of 23 units on July 31 and the inventory balance at July 31
|
|
What would the depreciation expense
: Bronson's fiscal year end is June 30. What would the depreciation expense be for 2020 if Bronson Co. used the double-declining-balance method
|
|
How management accounting information could assist
: List and briefly describe five examples of how management accounting information could assist in managing resources at a Banking corporation.
|
|
How many units must be produced during the month
: At the start of the month, and plans to have 12,500 units on hand at the end of the month, how many units must be produced during the month?
|
|
Calculate the per share value of Rizzo Company
: Calculate the per share value of Rizzo Company if the cumulative present value of horizon period FCFF is $8,000, present value of terminal period FCFF is $6,200
|
|
What are the reporting and remitting requirements
: Saskatchewan and Québec? What are the reporting and remitting requirements during the year? What are the reporting requirements at year-end
|
|
Compute the net cash flow for each year
: Spartan Stores is expanding operations, Compute the net cash flow for each year. Assess the investment by computing payback and NPV.
|
|
Determine the balance of moh account
: For the year, 328,200 machine hours are used and TL130,080 MOH costs are incurred. Determine the balance of MOH account
|