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Q1. Conan Company's monthly activity level ranged from a low of 17,000 units in May to a high of 26,000 units in October. Average production was 20,000 units per month. Utilities cost was $8,250 in May and $10,500 in October. The variable utility cost per unit, to the nearest cent, is:
a) $0.49b) $0.47c) $0.25d) $0.40
Q2. The Copy Department of the Cadiz Company is budgeted to incur $40,000 per month in fixed costs and $0.02 per copy in variable costs. It allocates copy costs to user departments as follows: Fixed costs are allocated (as a lump sum) based on budgeted fixed costs and estimated peak demand for each department. Variable costs are allocated based on the budgeted rate per copy times the department's actual usage. Which of the following is not an advantage of this allocation scheme over allocating actual costs based on actual usage?
a) The amount charged to one using department is not affected by the number of copies used by another department.b) Managers in the using departments pay for the fixed costs that are created by their demands for capacity.c) Using departments are not charged for cost overruns in the copy department.d) All of the above are advantages of this allocation system.
question1. trevor price bought 10-year bonds issued by harvest foods 5 years ago for 982.79. the bonds make semiannual
These dividends are paid on 7/1/12. For period of 1/1/12 to 12/31/12 Company XYZ has a net loss of $600,000 and market price of its shares is $12 for each share.
How much value will this investment create for the firm and at what discount rate will this project break even?
The discount of $23,900 gives an effective yield of 11 percent. Patton Company uses the effective-interest method and plans to hold these bonds to maturity.
questionverona pizza is a small neighborhood pizzeria that has a little area for in-store dining as well offering
Show the role of the managerial accountant in today's business environment. How has role changed and evolved over time?
Evaluate what is the ROI for the Shellfish Division, before and after the proposed purchase of Shrimp Inc and find what is the residual income for the Shellfish Division, before and after the purchase of Shrimp Inc.?
Calculate the net present value assuming that half of each year's benefits are realized at the beginning of each of the three years and the other half at the end of the year.
Mark Stevens is considering opening a hobby and craft store. He would need $50000 to equip the business and another $100000 for inventories and other working capital needs. Rent on the building used by the business will be $25000 per year.
the regression equation and the high-low equation, find the increase in revenues for each $1,000 spent on advertising within the relevant range?
How would the selling price of the bonds be evaluated
What was the firm's cash flow to creditors during 2008?
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