247 Answered Questions for the topic Managerial Accounting

Managerial Accounting Accounting Accountancy

01/14/15

Net Operating Income Managerial Accounting Question Need Help
Mehmet Company sold 60,000 units and earned $40,000 of operating income in the current month. Margin of safety in the current month was 20,000 units. The firm's marketing manager suggest that, if... more
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Managerial Accounting Accounting Accountancy

01/14/15

maximum contribution margin accounting question need help today
Wood Carving Corporation manufactures three products. Because of a recent lack of skilled wood carvers, the corporation has had a shortage of available labor hours. The following per unit data... more
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01/13/15

Managerial Accounting Tough Question Need Help Today -> Variance
Germosen, Inc. uses a standard cost system with direct labor hours (DLH's) as the application base for manufacturing overhead. Results for the year are below:Prior to start of the year:Standard... more
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01/13/15

Activity Variance Question Need Help
Carnation's Roof Repair has provided the following information concering its budgeted costs:Wages and Salaries Fixed Cost per month : $21,380 Cost Per Repair Hour : $15.80Parts and Supploies Fixed... more
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Managerial Accounting Accounting Management Accounting

01/13/15

Actual Purchase Price Per Yard of Material Accounting Need Help Today
Construction Safety Corporation manufactures orange plastic safety suits for road workers . The following information relates to the corporation's purchases and use of materials for the month of... more
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Managerial Accounting Accounting Accountancy

01/10/15

Traditional and ABC Costing Managerial Accounting Need Help -> Will give best answer immediately
A company is considering the adoption of an ABC system because the managers suspect that their traditional costing system distorts product costs. The company produces and sells two products,... more
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Managerial Accounting Accounting Accountancy

01/10/15

Managerial Accounting Standard Hours Question Need Help
Teana Corporation uses machine hours as its denominator activity for fixed manufacturing overhead. For the most recent year, the company showed the following data:At the beginning of the year... more
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Managerial Accounting Accounting Management Accounting

01/10/15

Determine budgeted production level in units for past year Managerial Accounting Need Help
Edelweiss Company uses a standard costing system and applies its fixed manufacturing overhead costs to products based on the number of direct labor hours. Some data for last year are given below.... more
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Managerial Accounting Accounting Management Accounting

01/10/15

difficult materials quantity variance question need assistance
Moronta Inc manufactures a single product and is budgeted to produce 1,100 units in the month of March. For material, the product requires a standard quantity of 8 pounds per unit with a standard... more
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01/07/15

Accounts Receivable, Accounts Payable, Retained Earnings, and Cash Balance Question Accounting
Answer questions based on following information : HomeExpress sells home building supplies to contractors in Vermont. Data regarding the store's operation is as follows: A) Sales Budget March :... more
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Managerial Accounting Accounting Management Accounting

01/07/15

Weighted Average Method Accounting Need Help
Use the following information to answer the following questions :   Morgan Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the... more
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01/07/15

Total Actual Variable Overhead Cost Accounting Need Help
Young Corporation has the following overhead budget for the month of October :  Budgeted Production : 20,000 units Budgeted Machine Hours : 6,000 Budgeted Direct Labor Hours : 8,000   Budgeted... more
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Managerial Accounting Accounting Accountancy Variance

01/07/15

Variable Manufacturing Overhead Rate Variance Accounting Need Help
Luis Corporation uses a standard cost system in which it applies manufacturing overhead to products on basis of machine hours (MH's). The company's standard requires 4 Machine Hours for each unit... more
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Managerial Accounting Accounting Accountancy Variance

01/07/15

Fixed Manufacturing Overhead Volume Variance Accounting Need Help
Germosen, Inc. uses a standard cost system with direct labor hours (DLH's) as the application base for manufacturing overhead. Results for the year are below: Prior to start of the year: Standard... more
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Managerial Accounting Accounting Accountancy Variance

01/07/15

Labor Rate Variance Question Accounting
For the prior month, Ardono Company reported the following : Production: Planned : 12,000 units Actual : 11,500 units Direct Labor Rate : Standard : $15.50 per direct labor hour Actual : $15.45... more
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Managerial Accounting Accounting Accountancy Variance

01/07/15

Materials Quantity Variance Question Accounting Need Help
Moronta Inc manufactures a single product and is budgeted to produce 1,100 units in the month of March. For material, the product requires a standard quantity of 8 pounds per unit with a standard... more
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01/07/15

Net Operating Income Question Accounting Need Help
White Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume: Sales Units : 6,000 Cost of Goods Sold :... more
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01/06/15

Budgeted Sales Question Accounting Need Help
Frodic Corporation has budgeted sales and production over the next quarter as follows: Sales in Units : September : 50,000 October : 54,000 November : ? Production in Units : September : 50,400... more
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Managerial Accounting Accounting Accountancy

01/06/15

Activity Cost Accounting Need Help
Queens Corporation uses an activity based costing system with three activity cost pools. The company has provided the following data concerning its costs :Costs : Wages and Salaries :... more
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Managerial Accounting Accounting Accountancy

01/06/15

Average Cost of Product Accounting Need Help
Broadway Corporation has provided the following data from its activity-based costing system:Activity: Assembly Total Cost : $942,480 Total Activity : 66,000 Machine Hours Activity : Processing... more
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Managerial Accounting Accounting Accountancy

01/06/15

Break Even Question Accounting Need Help
Hitami Opera performs at a local theater. The average show sells 1,000 tickets at $60 per ticket. The company runs 80 shows a year and each show requires a team of 75 artists. Each artist receives... more
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01/06/15

Unit Product Cost Question Accounting Need Help
The Culver Company makes a single product. Its estimated costs, by quarter, for the coming year are given below : First Direct Materials 200,000 Direct Labor : 95,000 Manufacturing costs :... more
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01/05/15

Standard Hours Allowed For Actual Output Accounting Question
Teana Corporation uses machine hours as its denominator activity for fixed manufacturing overhead. For the most recent year, the company showed the following data: At the beginning of the year... more
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Managerial Accounting Accounting Accountancy

01/04/15

Cash Disbursements and Retained Earnings Question Accounting Need Help
The following data have been taken from the budget reports of Sequioia Company, a merchandising company, which purchases merchandise inventory and sells to customers. The information on the sales... more
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Managerial Accounting Accounting Accountancy Variance

01/04/15

Variable Overhead Rate Variance Accounting Question Need Help
Thomas Corporation uses a standard costing system in which variable manufacturing overhead is assigned to production on the basis of number of machine hours. The following data pertain to one... more
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