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Problem 1: If a company has a manufacturing cycle efficiency (MCE) of less than 1, what does it mean? How would you interpret an MCE of 0.40?
Problem 2: Why does balanced scorecard differ from company to company?
Describe each transaction that occurred for the month and determine how much owner's equity increased for the month.
What is the total shareholders' equity at the end of the quarter? What is the cash balance at the end of the quarter? What is the net profit for the quarter?
Prepare journal entries for these transaction. Breakdown of the payroll: factory, 60% (Direct labor - 50%, Superintendence - 40%; Indirect labor - 10%)
Explain the different types of costs (variable, fixed, sunk, opportunity, direct, indirect). Discuss the types of costing method(s) the company uses. Give 1-2 examples of each method presented.
Record the transactions, using T-accounts - Darlene Cook Company engaged in the transactions during the month of July
Calculate the overapplied or underapplied overhead for the year. Prepare a journal entry to close out the Manufacturing Overhead account into Cost of Goods Sold.
The yield to maturity on this bond when it was issued was 6%. Use this information for Problems 16-18 - Is this bond currently trading at a discount, at par, or at a premium? Explain.
Calculations, any essential changes (both financial and on- financial) required to improve the performance evaluation system of the company.
Compute the variable cost per unit. Compute el costo variable por unidad? Compute how many CDs that MARCARIE will have to sell in order to break even.
Jarvie loves to bike. In fact, he has always turned down better paying jobs to work in bicycle shops where he gets an employee discount. At Jarvie’s current shop, Bad Dog Cycles, each employee is allowed to purchase four bicycles a year at a discount
Assume Donelan Products desires an operating profit of 20 percent of sales. What is the highest acceptable manufacturing cost per foot for which Donelan Products would produce the lines?
Lucy Treasures operates a chain of gift shops. The company pays liability insurance premiums of $2,500 per year for each shop. The managers of each shop are paid a salary of $3,000 per month and all other employees are paid on an hourly basis.
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