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Segmented income statement. Vogel Co. produces three models of heating and air conditioning thermostat components. The following table summarizes data about each model:
Required:
a. Criticize the preceding presentation. On what basis does the $10,000 of company fixed expenses appear to be allocated?b. Calculate the effect on total company net income if the MV12 model were discontinued.c. Calculate the contribution margin ratio for each model.d. If an advertising campaign focusing on a single model were to result in an increase of 5,000 units in the quantity of units sold, which model should be advertised? Explain your answer.e. If an advertising campaign focusing on a single model were to result in an increase of $15,000 in revenues, which model should be advertised? Explain your answer.
How does goodwill arise and come to be reported on the balance sheet and how is the amount calculated? What does goodwill represent? Will we tend to see a higher or lower amount of goodwill in slower economic times?
you are accountant working in a company with limited liability wll one of your partners a will withdraw from company.
The company uses the FIFO method in its process costing system. In the departments cost reconciliation report for November, the total cost to be accounted for would be:
Prepare all required journal entries and post them to Shine King's ledger and reconcile the Accounts receivable control account to the Accounts receivable subsidiary ledger.
He also withdrawn Rs 15,000 for his private use On March 31st ,2008, his assets and liabilities were s follows: Creditors Rs 1,35,000 ; Debtors Rs 1,88,400 ; Stock Rs 37,125 ; Cash Rs 37,740 ; Calculate profit or loss made by A during the year
How is regression used to identify what cost drivers might be used in activity-based costing? Describe the phenomenon that gives rise to learning curves. To what type of costs do learning curves apply?
You have been employed as a entry level management accountant for a little under a year. You suspect that your immediate supervisor is involved in a significant fraud involving diverting of company assets to personal use. Briefly describe the step..
q1-balanced scorecard measures low-total-cost value proposition check an organization with the low-total-cost value
Determine the number of operating hours such that the present value of cash flows equals the amount to be invested. Round interim calculations and final answer to the nearest whole number.
Compute the cost of goods sold for the year ended December 31, 2001, and the ending inventory under the cost assumptions
How much revenue will Sanderson report in its 2006 and 2007 income statements related to this contract using the percentage-of-completion method?
Assume that six monthly observations of indirect manufacturing costs y and machine hours x are to be used as a basis for developing the cost-volume formula y'= a + bx.
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