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Author Archives: Anonymous

In the previous question about the book sliding across the t…

In the previous question about the book sliding across the table, what is the acceleration of the book? It is a 275 g book initially pushed to the right across a table with an initial speed of 1.3 m/s. A 0.37 N friction force acts on the book, slowing it down.  Show your work or explain your reasoning.

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A manufacturing company that produces a single product has p…

A manufacturing company that produces a single product has provided the following data concerning its most recent month of operations: Selling price $ 110 Units in beginning inventory 0 Units produced 2,400 Units sold 2,100 Units in ending inventory 300 Variable costs per unit:   Direct materials $ 41 Direct labor $ 15 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 9 Fixed costs:   Fixed manufacturing overhead $64,800 Fixed selling and administrative expense $8,400 The total gross margin for the month under absorption costing is: 

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A company uses direct labor-hours in its predetermined overh…

A company uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the estimated direct labor-hours were 22,100 hours and the total estimated manufacturing overhead was $570,180. At the end of the year, actual direct labor-hours for the year were 22,050 hours and the actual manufacturing overhead for the year was $569,000. The balance in the manufacturing overhead account at the end of the year was: (Do not round intermediate calculations)

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Describe the trichromatic theory of color vision and explain…

Describe the trichromatic theory of color vision and explain (don’t just state the weakness, explain why it is a weakness for this theory!!!) the major weakness of this theory.

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A company manufactures two products: Product K8R and Product…

A company manufactures two products: Product K8R and Product XX20. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products K8R and XX20. The overhead costs have been attributed to four activity cost pools and the activity measures and activity have been determined as shown below.  Activity Cost PoolActivity MeasureTotal CostTotal ActivityMachiningMachine-hours$ 247,00013,000 Machine-hoursMachine setupsNumber of setups$ 60,000150 setupsProduct designNumber of products$ 56,0002 productsOrder sizeDirect labor-hours$ 260,00010,000 Direct labor-hoursActivity MeasureProduct K8RProduct XX20Machine-hours10,0003,000Number of setups11040Number of products11Direct labor-hours6,0004,000For the first question, show your work and label the first answer – PLANTWIDE OVERHEAD1. Using the plantwide overhead rate, how much manufacturing overhead cost would be allocated to Product XX20?For the second question, show your work and label the first answer – ABC OVERHEAD2. If the ABC system is implemented, how much manufacturing overhead cost would be allocated to Product XX20?

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The costing method that treats all fixed costs as period cos…

The costing method that treats all fixed costs as period costs is

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This information is for a company that uses the following ac…

This information is for a company that uses the following activity rates from its activity-based costing to assign overhead costs to products:  Activity Cost Pool Activity Rate    Setting up batches $ 59.16  per batch   Processing customer orders $ 72.72  per customer order   Assembling products $ 3.85  per assembly hour   Data concerning two products appear below:     Product K91B Product F65O    Number of batches 81 52   Number of customer orders 31 45   Number of assembly hours 485 892   How much overhead cost would be assigned to Product K91B using the activity-based costing system?Note: Round your intermediate calculations and final answers to 2 decimal places.

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A clothing company has two major business segments–Apparel…

A clothing company has two major business segments–Apparel and Accessories. Data concerning those segments for October appear below:Sales revenues, Apparel$ 775,000Variable expenses, Apparel$ 304,000Traceable fixed expenses, Apparel$ 183,000Sales revenues, Accessories$ 875,000Variable expenses, Accessories$ 510,000Traceable fixed expenses, Accessories$ 195,000Common fixed expenses totaled $282,000 and were allocated as follows: $94,000 to the Apparel business segment and $188,000 to the Accessories business segment.Prepare a segmented income statement for the company as a whole for October (which means you only have to show one column) in the contribution margin format. Make sure to show the total contribution margin for the company, the total segment margin, and the company’s net operating income.  Show your work.

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A company specializes in large floral bouquets for hotels an…

A company specializes in large floral bouquets for hotels and other commercial spaces. The company has provided the following data concerning its annual overhead costs and its activity based costing system:   Overhead costs:     Wages and salaries $ 176,000   Other expenses 77,000   Total $ 253,000   Distribution of resource consumption:      Activity Cost PoolsMaking BouquetsDeliveryOtherTotalWages and salaries55%20%25%100%Other expenses20%60%20%100%The “Other” activity cost pool consists of the costs of idle capacity and organization-sustaining costs.The amount of activity for the year is as follows:Activity Cost PoolActivityMaking bouquets42,020  bouquetsDelivery15,500 deliveries

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 Supply costs at a chain of gyms are listed below:Client-Vis…

 Supply costs at a chain of gyms are listed below:Client-VisitsSupply CostMarch11,649$ 26,575April11,445$ 26,438May11,977$ 26,795June12,200$ 26,944July11,709$ 26,615August11,195$ 26,271September11,989$ 26,803October11,680$ 26,596November11,828$ 26,695Management believes that supply cost is a mixed cost that depends on client-visits. Use the high-low method to estimate the variable and fixed components of this cost. Compute the variable component first. Then compute the fixed component, rounding off to the nearest whole dollar. Those estimates are closest to:Note: Round your intermediate calculations to 2 decimal places.

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