Reference no: EM132019386
Question 1 -
a) A company estimates that its total cost to send out invoices, receive payments, deposit the payments, and update accounting records was $10 per sale in 2014. In 2014, there were 10,000 sales and fixed costs of $60,000. In 2015, the company expects total fixed costs and variable costs per unit to be the same as in 2014. If the company budgets 10,500 sales in 2015, what are the expected total costs and expected costs per unit for 2015?
b) Assume the same facts as in part a, except the company expects 9,500 sales in 2015. What are the expected total costs and expected costs per unit for 2015?
Question 2 -
a) A company estimates that its total cost to acquire materials, set up machines, and produce products is $25 per unit produced in 2014. In 2014, there were 50,000 units produced and variable costs per unit produced totaled $15. In 2015, the company expects total fixed costs and variable costs per unit to be the same as in 2014. If the company budgets to produce 52,000 units in 2015, what are the expected total costs and expected costs per unit for 2015?
b) Assume the same facts as in part a, except the company expects to produce 49,000 units in 2015. What are the expected total costs and expected costs per unit for 2015?
Question 3 -
The Bear Company collected the following monthly information on units produced and electricity costs:
|
Month
|
Units Produced
|
Electricity Costs
|
|
January
|
50,000
|
$78,000
|
|
February
|
48,000
|
$74,500
|
|
March
|
47,000
|
$72,000
|
|
April
|
54,000
|
$81,000
|
|
May
|
58,000
|
$86,000
|
|
June
|
53,000
|
$79,500
|
Using the high-low method, prepare an estimate of electricity costs for July, assuming 53,500 units are expected to be produced in July.
|
The call premium is one year of coupon payments
: The bond can be called in four years. The call premium is one year of coupon payments.
|
|
Create a project plan for team success
: You will notice that this chartering process goes beyond your standard University of Phoenix Charter by helping your team create a project plan for team success
|
|
What is cash flow under the current capital structure
: What is her cash flow under the current capital structure, assuming the firm has a dividend payout rate of 100 percent?
|
|
Write synopsis of the society and belief system
: First, I want a brief, approximately half-page synopsis of the society, institution, culture, belief system, behavior on which you are going to focus.
|
|
Prepare an estimate of electricity costs for july
: Using the high-low method, prepare an estimate of electricity costs for July, assuming 53,500 units are expected to be produced in July
|
|
Prepare a sales budget for jaime hat shop
: Jamie's Hat Shop sells hats with college logos on them; the hats sell for $22 each. Prepare a sales budget for Jaime's Hat Shop for the third quarter
|
|
How can you utilize the four key perspectives
: Discuss whether the four key perspectives are relevant to that organization. How can you utilize the four key perspectives to analyze and improve your Capsim.
|
|
Measuring performance with responsibility accounting
: Current events in business affecting financial reporting or performance measurements are tied to financial measurements.
|
|
Calculate total cost for each job harrison
: Calculate total cost for each job Harrison - Barnes--direct material $13,299 direct labor hours 88 direct labor cost 22,184
|