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!
Part F77 is used in one of Wilcutt Corporation's products. The company's Accounting Department reports the following costs of producing the 7,000 units of the part that are needed every year. Direct Materials 7.00 Direct Labor 6.00 Variable Overhead 5.60 Supervision's Salary 4.70 Depreciation of Special Eqto 1.50 Allocated General overhead 5.40 An outside supplier has offered to make the part and sell it to the company for $28.30 each. If this offer is accepted, the supervisor's salary and all of the variable costs, including direct labor, can be avoided. The special equipment used to make the part was purchased many years ago and has no salvage value or other use. The allocated general overhead represents fixed costs of the entire company. If the outside supplier's offer were accepted, only $9,000 of these allocated general overhead costs would be avoided. Required: i. Prepare a report that shows the effect on the company's total net operating income of buying part F77 from the supplier rather than continuing to make it inside the company. ii. Which alternative should the company choose?
Prepare any outstanding adjusting journal entries for the year ended March 31, 2013 and post them to the trial balance. Prepare all financial statements in good form for the year ended March 31, 2013.
What is the purpose of the Statement of Cost of Goods Manufactured, example of direct labor cost for an airplane manufacturer
What is wrong with the president's calculation and What are the fixed and variable costs of operating the university?
Conlin Company acquires a delivery truck at a cost of $42,000. The truck is expected to have a salvage value of $6,000 at the end of its 4-year useful life. the straight-line method. Calculate annual depreciation for the first and second years usin..
At the end of the sixth year, the account balance was transferred to a bank paying 10%, and annual deposits of $6,000 were made at the end of each year from the seventh through the tenth years. What was account balance at the end of the tenth yea..
Only one asset was sold during the year and Donna does not ahve any capital loss carryovers. Illustrate what is the amount of Donna's tax liability? What is thea mount of Donna's tax liability if the stock is held for 11 months?
The computer lists for $9800. The stock was purchased in 2002 for $38. Illustrate what are the journal entries and adjusting journal entries.
Which one of the subsequent statements best explains why companies want to distinguish between direct and indirect costs?
According to a professor from the University of Minnesota, your maximum ideal waist size is directly proportional to your hip size. For a woman with 40 inch hips, the max ideal waist size is 32 inches.
Prepare all journal entries necessary through June to record the above transactions and events. and what would the effect on earnings have been if the forecasted purchase were not hedged?
Changes in Variable Costs, Fixed Costs and Selling Price, and Volume. The marketing manager argues that a $5,000 increase in the monthly advertising budget would increase monthly sales by $9,000. Should the advertising budget be increased?
Evaluate the weighted-average number of shares used in earnings per share calculations?
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