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!
Standard Compound
Commercial Compound
Atternative Prices (per case)
Sales Volume (in cases)
Alternative Prices Sales Volume
(per case) (in cases)
$18 .....................
120,000 .................
$25 ......................
175,000
20..................
100,000 .................
27 .....................
140,000
21 .................
90,000 .................
30 .....................
100,000
22...................
80,000 .................
32 .....................
55,000
23...................
50,000 .................
35......................
35,000
Gargantuan's top management believes the loss for the first six months reflects a tight profit margin caused by intense competition.
Management also believes that many companies will leave this market by next year and profit should improve.
Required:
1. What unit selling price should Gargantuan Industries select for each of the Super Clean compounds for the remaining six months of the year? Support your selection with appropriate calculations.
2. Independently of your answer to requirement (1), assume the optimum alternatives for the last six months were as follows: a selling price of $23 and volume of 50,000 cases for the standard compound, and a selling price of $35 and volume of 35,000 cases for the commercial compound.
a. Should Gargantuan Industries consider closing down its operations until January 1 of the next year in order to minimize its losses? Support your answer with appropriate calculations.
b. Identify and discuss the qualitative factors that should be considered in deciding whether the Boise Plant should be closed down during the last six months of the current year.
Verified Expert
The task consists of the managerial accounting question whether the case was based on the topic pricing in a competitive market possible plant closure. The part 2 (a) and (b) have been answered with numerical supporting and concepts wherever required.
Much thanks for finished task , need to state I was exceptionally awed and will pass on your site to my companions , and remain a client myself, I will put a decent survey.
Here is the other two sections for complete question. Sorry, I should have sent them. I am doing 3rd part only.Please let me knw if you need anything else. Thanks 21607750_1Part 1.jpg 21607733_2Part 2.jpg 21607733_3Part 3.jpg I apologize, I gave you the wrong # for assignment. I am doing in required section, number 2 a & b.
The instructor will assign each group one case from the following cases found in the textbook: C14-62, C14-63, C15-48, or C16-59. APA format is not required, but solid academic writing is expected. Submit in a Word document with each item numbered. Excel spreadsheets with relevant calculations should be embedded within the document. I am doing part 3 of C15-48, see attached file (jpg)
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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