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!
CP has decided to introduce the new product which can be manufactured by either a computer assisted manufacturing system or labor intensive production system. The manufacturing technique will not affect the quality of product. The estimated manufacturing costs by two methods are:
Computer assisted Labor intensive
Direct material......................................$5.00...............................................$5.60Direct labor(DLH denotes directlabor hours).................................0.5DLH@$12...6.00............0.8DLH@$9......7.20Variable overhead.........................0.5DLH@ $6...3.00..............0.8DHL@$6....4.80Fixed overhead.....................................$2,440,000....................$1,320,000
The company's marketing research dept has recommended an introductory unit sales price of $30. Selling expenses are estimated to be $500,000 annually plus $2 for each unit sold.
1. Calculate the estimated break even point in annual unit sales of the new product if the company uses a. computer assisted manufacturing system or b. labor intensive production system.
2. Determine the annual unit sales volume at which the firm would be indifferent between the tow manufacturing methods.
Which costing system would be more efficient when direct labor costs and direct materials are low, and overhead is high and why? Explain how the supply chain and the macroeconomic environment of the health care business fit in with your calculations?
Rebecca owns several successful coffeehouses. Each one has its own manger and is operated independently of the others. In what ways do the coffeehouses utilize managerial accounting in the operational planning process?
Prepare the journal entry to transfer the cost of job #JK150 out of the work-in-process account at the end of November, What was the under-or over recovered overhead for the year?
I am having to explain and provide detailed example of where activity base costing would be employed. I'm capable to describe ABC in length but can't come up with detailed example.
How a Pareto Superior allocation can be achieved that will help some people without hurting others. Make sure you define efficiency and Pareto Superiority.
Evaluate Pursco's foreign tax credit limitation under the subsequent independent assumptions.
Evaluate the total cost of the work in process inventory on January 31. Determine the cost of jobs completed during January, and show the proper journal entry to reflect job completion.
What is full costing? Define and compare job order costing and activity-based costing.
Mr. Carter is manager of Simmons Farm and Seed Company, a wholesaler of fertilizer, seed, and other farm supplies. The company has been successful in current years primarily because of great customer service, flexible credit terms, customized orde..
Prepare general journal entries in general journal form
What are the advantages and disadvantages of standard costing in management accounting?
Determine the ending finished goods inventory. What was the cost of indirect labor? What was the amount of factory overhead applied? Determine total manufacturing costs incurred during 2007. What was the cost of good manufactured?
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