1.Truckel,Inc.currently manufactures a wicket as its main product.The costs per unit are as follows:Direct materials and direct labor$11 Variable overhead$5 Fixed overhead$8 Total$24
Saran Company has contacted Truckel with an offer to sell it 5,000 of the wickets for $18each.If Truckel makes the wickets,variable costs are$16 per unit.Fixed costs are$8 per unit;however,$5 per unit is unavoidable.Should Truckels make or buy the wickets?
2.Galley industries can produce 100units of a necessary component part with the following costs:Direct Materials$20,000 Direct Labor9,000 Variable Overhead21,000 Fixed Overhead8,000
If Galley industries purchases the component externally,$2,000 of the fixed costs can be avoided.Below what external price for the 100 units would Galley choose to buy instead of make?
3.Which decision will involve no incremental revenues?
a.Make or buy decision
b.Drop a product line
c.Accept a special order
d.Additional processing decision
4.An opportunity cost
a.should be initially recorded as an asset
b.is the cost of a new product proposal
c.is the potential benefit that may be obtained by following an alternative course of action
d.is classified as manufacturing overhead
5.Brislin Products has a new product going on the market next year.The following data are projections for production and sales:Variable costs$250,000 Fixt costs450,000 ROI 14% Investment2,000,000 Sales200,0000units
5-1.What is the target selling price per unit?
5-2.What is the markup percentage?
5-3.What would the markup percentage be if only 150,000 units were sold and Brislin still wanted to earn the desired ROI?
6.A master budget consists of
a.an interrelated long-term plan and operating budgets
b.financial budgets and a long-term plan
c.interrelated financial budgets and operating budgets
d.all the accounting journals and ledgers used by a company
7.The starting point in preparing a master budget is the preparation of the
8.Which one of the following is not needed in preparing a production budget?
a.Budgeted unit sales
b.Budgeted raw materials
c.Beginning finished goods units
d.Ending finished goods units
9.A company budgeted unit sales of 204,000units for Jan.2013 and 240,000units for Feb.2013.The company has a policy of having an inventory of units on hand at the end of each month equal to 30%of next month’s budgeted unit sales.If there were 61,200units of inventory on hand on Dec.31,2012.How many units should be produced in Jan,2013 in order for the company to meet its goals?
10.At Jan1,2013.Deer Corp.Has beginning inventory of 2,000 surfboards.Deer estimates it will sell 10,000 units during the first quarter of 2013 with a 12% increase in sales each quarter.Deer’s policy is to maintain an ending inventory equal to 25% of the next quarter’s sales. Each surfboard costs$100 and is sold for $150.How much is budgeted sales revenue for the third quarter of 2013?
11.Doe Manufacturing plans to sell 6,000purple lawn chairs during May,5,700 in June,and 6,000 during July.The company keeps 15%of the next month’s sales as ending inventory.How many units should Doe produce during June?
d.not enough information to determine
12.Dingo Division’s operating results include:controllable margin of %150,000,sales totaling $1,200,000, and average operating assets of 500,000.Dingo is considering a project with sales of 100,000,expenses of 86,000,and an investment of average operating assets of200,000.Dingo’s required rate of return is 9%.Should Dingo accept this project?
a.Yes,ROI will drop by6.6% which is still above the minimum required rate of return
b.No,the return is less than the required rate of 9%
c.Yes,ROI still exceeds the cost of capital
d.No,ROI will decrease to 7%
13.Grown Industries reported the following items for 2013:Income tax expense$60,000 Contribution margin200,000 Controllable fixed costs80,000 Interest expense40,000 Total operating assets650,000
How much is controllable margin?
14.Griffin Corp.is evaluating its Piquette division, and investment center.The division has a60,000 controllable margin and 400,000 of sales.How much will Griffin’s average operating assets be when its retrun on investment is10%?
15.An investment center generated a contribution margin of 400,000,fixed costs of 200,000 and sales of 2,000,000.The center’s average operating assets were 800,000.How much is the return on investment?
Try it now!
How it works?
Follow these simple steps to get your paper done
Place your order
Fill in the order form and provide all details of your assignment.
Proceed with the payment
Choose the payment system that suits you most.
Receive the final file
Once your paper is ready, we will email it to you.
Custom Writings Help is a Quality-Oriented Company in Online Writing as a result of hiring exceptional professionals to execute clients' tasks.
At Custom Writings Help,We understand the struggle of research paper writing, and that is why at Custom WritingS Help, we are all out to help you. We pride ourselves on having a team of clinical writers. The stringent and rigorous vetting process ensures that only the 'BEST' Writers are chosen for the job. We have highly qualified Ph.D. and MA writers working with us; we equally offer these experienced writers specific bonuses and incentives to make them deliver highly original, unique, and informative content at reasonably low prices.
Thesis Writing Service
Worlwide, Many Masters Students are struggling with Thesis Completion. A thesis is likely to be the longest and most challenging piece of work a student has ever completed. However, unlike essays and other assignments, a student can pick a particular interest topic and work on their initiative. Fortunately, we are there for you. At Custom Writings Help, you are assured of an authentic, imaginative, informative, linguistically great, and advantageous thesis that adheres to all your needs. So, why continue considering different writers when you have discovered the best in the field?
Not a single student can avoid writing custom papers. However, a total lack of experience, skills, and time makes it very hard to produce a superb writing piece. Therefore, if you are seeking professional help, turn to us. Our specialized and experienced writers compose a variety of model papers, including custom essays, college term papers, research papers, book reports, MBA essays, executive summaries, dissertations, Ph.D. theses, admission essays, and research proposals for college and university students at any level.
Most of the students disregard the critical principles of essay writing and compose papers below sensible guidelines. Therefore, with Custom Writings Help, one should not worry about his/her essay. Our Writers compose informative and engaging content on all complexities and topics. We write meaningful and smart essays while prioritizing all aspects that bring about a good grade, such as impeccable grammar, proper structure, zero-plagiarism, and conformance to guidelines.
Coourse Work Writing
Don't let the seemingly never-ending onslaught of writing assignments get you down. If you are looking where to get course work assistance online, the writers at Custom Writings Help are here to assist you with all of your writing needs. We undertake to unique delivery of papers that meet the professor's requirements. The content is proofread, edited, and checked plagiarism before submission to customers. No matter how big or small your work is, we will deliver on time. Try US Now! !
Dissertation Writing Service
High-Quality Dissertation Writing Services are rare. They require Ph.D. academicians – not easily found. However, are an exception. The years, time, and resources we have invested in the dissertation world has given us a competitive advantage over others. Choose to come to Custom Writings Help; You will find perfect Ph.D. consultants who have written hundreds of dissertations theses ready to help you. Let our dissertation-writing services help you craft your dissertation, for you are assured we will give you the results.