Reference no: EM133143597
Question - Lisa's Ladders manufactures steel and wooden ladders for industrial and home use. You were hired as a management accounting consultant by Lisa and have been provided with the following information for the most recent year end:
Cost incurred
Advertising expense $42,000
Raw Materials used $124,000
Head office rent $12,000
Indirect Materials $31,500
Research cost for new products $15,000
Insurance on production equipment $5,500
Direct Labour $26,000
Rent on production facility $30,000
Cost of land purchased $225,000
Indirect labour $15,000
Inventory Level Beginning of Year End of Year Raw Materials
Raw materials $11,000 61,000
WIP $8,000 4,000
Finished goods 22,000 28,000
Required -
a) Make a statement of cost of goods manufactured.
b) Assume total sales for the year is $285,000, make an income statement (with Cost of goods sold & period costs included).
|
What amount of equipment would appear on the balance sheet
: At that date, Baker's equipment had a net book value and market value ofP210,000 and P300,000, What amount of equipment would appear on the balance sheet
|
|
What is the current status of women in leadership positions
: What is the current status of women in leadership positions? Is there inequity thus making this is a social justice issue? What strategies would you use to best
|
|
Regulating the use of any form of property
: If you found a one-of-a-kind prototype of a revolutionary new mobile phone lying on a public beach, what would you do with it? What would be the consequences of
|
|
Non-verbal communication in intercultural communication
: Role and importance of non-verbal communication in intercultural communication. Intercultural communication in Business and Professional contexts.
|
|
Make a statement of cost of goods manufactured
: Lisa's Ladders manufactures steel and wooden ladders for industrial and home use. Make a statement of cost of goods manufactured
|
|
Assignment on organizational culture
: Scan through the company's website to find any statements made about the company's culture. Describe what you found by answering these questions:
|
|
Main challenges they face related to data strategy
: 1. Considering Ocado's reliance on data, what are the main challenges they face related to data strategy, architecture, and management?
|
|
Calculate her Taxable Income and Tax Liability
: Calculate her Total Assessable Income, Taxable Income, Tax Liability, Medicare Levy and Medicare Levy Surcharge, if applicable, for the taxpayer (Julia)
|
|
Determine the average cost per salad
: (a) Determine the average cost per salad at each of the following monthly volumes: 1,000; 10,000; 50,000; 100,000
|