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!
The Personnel Department at Drumm Corporation is centralized and provides services to the two operating units: Illinois and Ohio. The Illinois unit is the original unit of Drumm and is well established. The Ohio unit is new, much like a start up company. The costs of the Personnel Department are allocated to each unit based on the number of employees in order to determine unit profitability. The current rate is $500 per employee. Data for the fiscal year just ended show the following:
Required :a. Compute the cost allocated to each unit using the current allocation system.
b. Rob, the manager of the Illinois unit, is unhappy with the allocation from Personnel. He believes that he gets little benefit other than the occasional hire and termination help. He asks the controller's office to estimate the amount of Personnel Department cost associated with (a) routine personnel matters (benefits, and so on) and those associated with hiring employees and assisting with departing employees (transitions). The controller responds that if they separated the overhead costs on this basis, the rates would be $200 per employee for routine matters and $5,625 for each transition (each hiring and each departure counts as one transition). Recompute the costs allocated to each unit using the separate rates for routine and transitionalmatters.
Identify the fixed and variable costs from the above and comment on the cost behaviour - estimate the cost of goods manufactured and sold and prepare a revised income statement for the month.
Suppose only the specified paramenters change in cost-volume-profit analysis. If the contribution margin increases by $2 per unit then operating profits will ____.
place yourself in the position of an executive manager e.g. ceo cfo or coo of the home depot. further assume that you
milton and rhodes perform consulting services for e-commerce consulting and information systems in western australia.
Critically evaluate the role that standard costing plays in planning and control and be able to Calculate and interpret standard cost variances.
Prepare a schedule of expected cash collections from sales, by month and in total, for the second quarter and assume that the company will prepare a budgeted balance sheet as of June 30. Compute the accounts receivable as of that date.
Identify and explain the 5 principles of accounting and how they apply to the financial statements specific to your healthcare institution.
Prepare a Quality Cost Report in good form with separate sections for prevention costs, appraisal costs, internal failure costs, and external failure costs.
As accounting standards globalise, the standard setting bodies face the challenge of accommodating the Islamic prohibition on interest, and other aspects of Sharia law, into money making.
1.the management of melchiori corporation is considering the purchase of a machine that would cost 520000 would last
We want a flexible budget because costs are difficult to predict. We need the flexibility to change budgeted costs as input prices change.' Does a flexible budget serve this purpose? Explain.
Company uses a process cost system. The company started march with 2,300 units in work in process-department A. During the month 4,000 units were started. At the end of the month there were 3,200 units in ending work in process-dept.
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