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!
Bulan Inc. makes a range of products. The company's predetermined overhead rate is $20 per direct labor-hour, which was calculated using the following budgeted data:
Variable manufacturing overhead
$140,000
Fixed manufacturing overhead
$560,000
Direct labor-hours
35,000
Component T6 is used in one of the company's products. The unit product cost of the component according to the company's cost accounting system is determined as follows:
Direct materials
$ 45.00
Direct labor
32.00
Manufacturing overhead applied
40.00
Unit product cost
$117.00
An outside supplier has offered to supply component T6 for $101 each. The outside supplier is known for quality and reliability. Assume that direct labor is a variable cost, variable manufacturing overhead is really driven by direct labor-hours, and total fixed manufacturing overhead would not be affected by this decision. Bulan chronically has idle capacity.
Required
Is the offer from the outside supplier financially attractive? Why?
What are the differences in the cash flow concepts and procedures between the direct and indirect methods and what is the operational cash flow?
question purple haze machine shop is considering a four-year project to enhance its production efficiency. buying a new
What is statute of limitation if she inadvertently omitted $100,000 of income on her 2010 return? What if she omitted $120,000 of income?
Will the company as a whole benefit if Division A purchases the units from the outside supplier for $100 per unit? Assume that there are no alternative uses for Division B's facilities.
Without regard to your answer in (2) above, assume manufacturing overhead was underapplied in December. Explain how would this amount be reported in the company's financial statements at December 31?
Net sales for the period was $45,000 and cost of sales was $28,000. Compute the gross profit percentage for the current year. What does this ratio measure?
calculation of carrying amount of an asset.1.water company owns 80 percent of fire companys outstanding common stock.
As the forensic accountant hired by the U.S. Justice Department to litigate this case, answer the following: What documents will you seek during discovery to address the whistle-blower’s allegations?
Explain why is direct labor a poor base for allocating overhead in many companies? In what situation would it be a strong and better way to allocate overhead? What bases do you feel are the most commonly used by most large companies? Explain.
Calculate the predetermined overhead rate, compute the total manufacturing overhead applied to the Work in Process Inventory account during the first month of operations and compute the balance in the Work in Process Inventory account at the end of t..
Effective and efficient strategies on how to best deploy financial management systems,
question 1 the graduate selection committee wants to select the top 10 of applicants. on a standardized test with a
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