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 - Platinum Tracks, Inc., is a small audio recording studio located in Los Angeles. The company handles work for advertising agencies-primarily for radio ads-and has a few singers and bands as clients. Platinum Tracks handles all aspects of recording from editing to making a digital master from which CDs can be copied. The competition in the audio recording industry in Los Angeles has always been tough, but it has been getting even tougher over the last several years. The studio has been losing customers to newer studios that are equipped with more up-to-date equipment and that are able to offer very attractive prices and excellent service. Summary data concerning the last two years of operations follow:
Last Year
This Year
Estimated hours of studio service
1,300
1,050
Estimated Studio Overhead Cost
$105,000
Actual Hours of Studio Service Provided
1,200
950
Actual Studio Overhead cost incurred
Hours of Studio Service at Capacity
2,100
Required -
1. Platinum Tracks computes its predetermined overhead rate at the beginning of each year based on the estimated studio overhead cost and the estimated hours of studio service for the year. Using this approach, how much overhead would have been applied to the Verde Baja job last year? How about this year?
2. The president of Platinum Tracks has heard that some companies in the industry have changed to a system of computing the predetermined overhead rate based on the hours of studio service that could be provided at capacity. He would like to know what effect this method would have on job costs. How much overhead would have been applied using this method to the Verde Baja job if it had been done last year? This year?
3. If Platinum Tracks computes its predetermined overhead rate based on the hours of studio service that could be provided at capacity as in (2) above, how much unused capacity cost would the company have incurred last year? This year?
Write short note on the unpresented cheques, suspense account, outstanding deposits, dishonored cheque and error of commission
Suppose you have just started a business to manufacture your newest invention, the photon gismo. Let's say you believe that after a few years on the market, photon gismos will sell for about $125.
Calculate the net present value & internal rate of return of the proposed investment in product P. Advise on the acceptability of the proposed investment
ACCFIN1006- Introduction to Management Accounting and Control Assignment Help and Solutions- University of Glasgow, UK-Who are the stakeholders in this decision
Compute the per-unit product cost for Pure-Active and Premier-Active using traditional costing. Compute the company-wide predetermined overhead rate
Cash disbursements during the month are expected to total $76,000. Ignoring interest payments, during April the company will need to borrow
WMBA 6050 Accounting for Management Decision Making Assignment help and solutions:- How to get the break even quantity for small and large facility
When we hear the saying "Time is Money" give an example of how this applies to a capital project - Avoid offering perspectives that you cannot substantiate
Calculate the M1 value of Jane Doe's financial holdings. $800 in her checking account. $1,000 in her savings account.A $300 outstanding credit card bill.
What is the approximate inventory on February 10, 2012 - Presented below is information compiled up to the date of the fire.
managerial accounting af 211brinkers bicycle shopa special order decisionthis offer is the greatest thing thats
How much would the operating income of Division A increase? how much would Ford Company's total operating income increase?
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