ACCT 505 Managerial Accounting Entire Course

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(TCO E) Lehne Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 125 Units in beginning inventory 600 Units oroduced 3000 Units sold 3500 Units in ending inventory 100 Variable costs per unit: Direct materials $ 15 Direct labor $ 50 Variable manufacturing overhead $ 8 Variable selling and admin $ 12 Fixed costs: Fixed manufacturing overhead $ 75,000 Fixed selling and admin $ 20,000 The company produces the same number of units every month, although the sales in units vary from month to month. The company’s variable costs per unit and total fixed costs have been constant from month to month. Required: a. What is the unit product cost for the month under variable costing? b. What is the unit product cost for the month under absorption costing? c. Prepare an income statement for the month using the variable costing method. d. Prepare an income statement for the month using the absorption costing method. Devry acct505 week 5 discussion latest 2016 may Ethics, Management, and Applications (graded) Let’s look at Case 9-26, Ethics and the Manager, in Chapter 9, pages 423 and 424. What should Tom do in this situation and why? Have any of you had to deal with a similar situation in the workplace? Devry acct505 week 6 discussion latest 2016 Management and Applications (graded) What is meant by decentralization? What are the advantages and disadvantages? Do some operations lend themselves more easily to being decentralized than others? If so, why?
Devry ACCT 505 Week 6 Quiz latest 2016 (TCO D) Return on investment (ROI) is equal to the margin multiplied by (TCO D) For which of the following decisions are opportunity costs relevant? (TCO D) Last year, the House of Orange had sales of $826,650, net operating income of $81,000, and operating assets of $84,000 at the beginning of the year and $90,000 at the end of the year. What was the company’s turnover, rounded to the nearest tenth? (TCO D) Data for December concerning Dinnocenzo Corporation’s two major business segments-Fibers and Feedstocks-appear below: Sales revenues, $870,000 Fibers Sales revenues, $820,000 Feedstocks Variable expenses, $426,000 Fibers Variable expenses, $344,000 Feedstocks Traceable fixed $148,000 expenses, Fibers Traceable fixed S156,000 expenses, Feedstocks Common fixed expenses totaled $314,000 and were allocated as follows: $129,000 to the Fibers business segment and $185,000 to the Feedstocks business segment. Required: Prepare a segmented income statement in the contribution format for the company. Omit percentages; show only dollar amounts. (TCO D) Wryski Corporation had net operating income of $150,000 and average operating assets of $500,000. The company requires a return on investment of 19%. Required: i. Calculate the company’s current return on investment and residual income. ii. The company is investigating an investment of $400,000 in a project that will generate annual net operating income of $78,000. What is the ROI of the project? What is the residual income of the project? Should the company invest in this project? (TCO D) Tjelmeland Corporation is considering dropping product S85U. Data from the company’s accounting system appear below. Sales $360,000 Variable $158,000 Expenses
Page 1 and 2: ACCT 505 Managerial Accounting Enti
Page 3 and 4: Go to pages 170 and 171 and read Ca
Page 5 and 6: taxes on a company’s factory buil
Page 7 and 8: equals (Points : 6) sales - expense
Page 9: Fixed selling and admin $200,000 Re
Page 13 and 14: Selling and Administrative $270,075
Page 15 and 16: life of the machinery. The producti
Page 17 and 18: Add cost of goods manufactured 54,0
Page 19 and 20: Estimated variable manufacturing ov
Page 21 and 22: Sales 1,150 Raw materials inventory
Page 23: 2. (TCO F) Memphis Corporation is p

ACCT 505 Managerial Accounting Entire Course

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