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Material cost of a fan belt is one-sixth of total cost, and labour cost is two-thirds...
Suhami Chadhuri has a one-sixth interest in a partnership. She sold five-ninths of her interest for...
Suhami Chadhuri has a one-sixth interest in a partnership. She sold five-ninths of her interest for $2900. (a) What was the total amount of Ms. Chadhuri's interest before selling? (b) What is the value of the partnership? (a) The amount is s (Round to the nearest cent as needed.) (b) The value is S (Round to the nearest cent as needed.)
can you please help with E10.27 Q1 0.27 -10.5 Direct material and direct labour variances: service...
can
you please help with E10.27 Q1
0.27 -10.5 Direct material and direct labour variances: service firm Stephen Ltd is engaged in aerial spraying of vegetables, Operating costs are difficult to control, so standara costs and standard cost variances are reported. The following standards were developed for the "maxiprotect' spraying service. This is one of the company's major products. Direct material (insecticide) Direct labour Total Standard quantity 8 kilograms 2 hours Standard price or rate $3.50 per kilogram S40 per...
-.161 The amount of a certain radioactive material (in grams) in a storage facility at time...
-.161 The amount of a certain radioactive material (in grams) in a storage facility at time t is given by c(t) = 17 e where time is measured in years. (a) How much of the radioactive material was present initially? (b) What is the hall-life of the radioactive material? (Hint: For what value oft is c(t) = 8.5?) (a) Initially, there were grams of the radioactive material. (Round to two decimal places as needed.) Find the interest on the following...
The Fan Cost Index (FCI) is a measure of how much it costs a family of...
The Fan Cost Index (FCI) is a measure of how much it costs a family of four to attend a major league baseball game. The frequency distribution and the histogram for the Fan Cost Index are given to the right. FCI (Dollars) Frequency 100-149.99 44 150-199.99 1313 200-249.99 99 250-299.99 11 300-349.99 11 350-399.99 00 400-449.99 22 10020030040050002468101214Fan Cost IndexFrequency A bar graph has a horizontal axis labeled Fan Cost Index from 50 to 500 in increments of 50 and...
Two-Stage ABC for Manufacturing Meridian Company has determined its activity cost pools and cost drivers to...
Two-Stage ABC for Manufacturing Meridian Company has determined its activity cost pools and cost drivers to be the following: Cost pools Setup $63.000 Material handling 25,600 Machine operation 220,000 Packing 90.000 Total indirect manufacturing costs $398,600 Cost drivers Setups 350 Material moves 640 Machine hours 20,000 Packing orders 1.200 One product made by Meridian, metal casements, used the following activities during the period to produce 500 units: Setups 20 Material moves Machine hours 1,900 Packing orders 150 (a) Calculate the...
4. value: 25.00 points cost $38,500 to run, will save the firm $132,800 in labour costs,...
4. value: 25.00 points cost $38,500 to run, will save the firm $132,800 in labour costs, and will be useful for 12 years. Suppose that for tax purposes, the lathe will be in an asset class with a CCA rate of 25%. Ilana has many other assets in this asset class. The lathe is expected to have a 12-year life with a salvage value of $109,000 The actual market value of the lathe at that time will also be $109,000....
32) Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has...
32) Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $95 and each ceiling fan requires 2.50 hours of machine time to manufacture. There is no direct labor. Additional information is as follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Predetermined Overhead Allocation Rate $ 0.07 7.40 0.40 2.50 What is the total...
Question Help Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan...
Question Help Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $75 and each ceiling fan requires 4 hours of machine time to manufacture. There is no direct labor. Additional information is as follows: Predetermined Overhead Activity Allocation Base Allocation Rate Materials handling Number of parts $ 0.04 Machining Machine hours 68 Assembling Number of parts 0.25 Packaging Number of finished units 3.2 What is the...
Peter company produces a product with the following unit cost : Direct Material Direct Labour Variable...
Peter company produces a product with the following unit cost : Direct Material Direct Labour Variable overhead Fixed Overhead Unit cost S 2.75 1.25 4.00 2.50 10.50 Fixed selling costs are $600.000 per year and variable selling costsare $1.50 per unit sol Production capacity is 500.000 units per year. However, the company expects to produc only 300,000 units per year. The product normally sells for $15 each. A customer has offered to buy 150.000 units for $10. The units would...
One-eleventh of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was...
One-eleventh of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for two-sevenths of its value and received $2000 (a) What was the value of the destroyed part of the inventory? (b) What was the value of the inventory before the fire? (a) The value is s (Round to the nearest cent as needed.) (b) The value is S Round to the nearest cent as needed.)
Suhami Chadhuri has a one-sixth interest in a partnership. She sold five-ninths of her interest for $2900. (a) What was the total amount of Ms. Chadhuri's interest before selling? (b) What is the value of the partnership? (a) The amount is s (Round to the nearest cent as needed.) (b) The value is S (Round to the nearest cent as needed.)
can
you please help with E10.27 Q1
0.27 -10.5 Direct material and direct labour variances: service firm Stephen Ltd is engaged in aerial spraying of vegetables, Operating costs are difficult to control, so standara costs and standard cost variances are reported. The following standards were developed for the "maxiprotect' spraying service. This is one of the company's major products. Direct material (insecticide) Direct labour Total Standard quantity 8 kilograms 2 hours Standard price or rate $3.50 per kilogram S40 per...
-.161 The amount of a certain radioactive material (in grams) in a storage facility at time t is given by c(t) = 17 e where time is measured in years. (a) How much of the radioactive material was present initially? (b) What is the hall-life of the radioactive material? (Hint: For what value oft is c(t) = 8.5?) (a) Initially, there were grams of the radioactive material. (Round to two decimal places as needed.) Find the interest on the following...
Two-Stage ABC for Manufacturing Meridian Company has determined its activity cost pools and cost drivers to be the following: Cost pools Setup $63.000 Material handling 25,600 Machine operation 220,000 Packing 90.000 Total indirect manufacturing costs $398,600 Cost drivers Setups 350 Material moves 640 Machine hours 20,000 Packing orders 1.200 One product made by Meridian, metal casements, used the following activities during the period to produce 500 units: Setups 20 Material moves Machine hours 1,900 Packing orders 150 (a) Calculate the...
4. value: 25.00 points cost $38,500 to run, will save the firm $132,800 in labour costs, and will be useful for 12 years. Suppose that for tax purposes, the lathe will be in an asset class with a CCA rate of 25%. Ilana has many other assets in this asset class. The lathe is expected to have a 12-year life with a salvage value of $109,000 The actual market value of the lathe at that time will also be $109,000....
32) Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $95 and each ceiling fan requires 2.50 hours of machine time to manufacture. There is no direct labor. Additional information is as follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Predetermined Overhead Allocation Rate $ 0.07 7.40 0.40 2.50 What is the total...
Question Help Tranquility Company manufactures ceiling fans and uses an activity-based costing system. Each ceiling fan has 20 separate parts. The direct materials cost is $75 and each ceiling fan requires 4 hours of machine time to manufacture. There is no direct labor. Additional information is as follows: Predetermined Overhead Activity Allocation Base Allocation Rate Materials handling Number of parts $ 0.04 Machining Machine hours 68 Assembling Number of parts 0.25 Packaging Number of finished units 3.2 What is the...
Peter company produces a product with the following unit cost : Direct Material Direct Labour Variable overhead Fixed Overhead Unit cost S 2.75 1.25 4.00 2.50 10.50 Fixed selling costs are $600.000 per year and variable selling costsare $1.50 per unit sol Production capacity is 500.000 units per year. However, the company expects to produc only 300,000 units per year. The product normally sells for $15 each. A customer has offered to buy 150.000 units for $10. The units would...
One-eleventh of Jesse Black's inventory was destroyed by fire. He sold the remaining part, which was slightly damaged, for two-sevenths of its value and received $2000 (a) What was the value of the destroyed part of the inventory? (b) What was the value of the inventory before the fire? (a) The value is s (Round to the nearest cent as needed.) (b) The value is S Round to the nearest cent as needed.)
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