Questions from General Accounting


Q: AAA Lock Manufacturing Co. makes and sells several models of locks

AAA Lock Manufacturing Co. makes and sells several models of locks. The cost records for the ZForce lock show that manufacturing costs total $29.00 per lock. An analysis of this amount indicates that...

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Q: Canton Company, a manufacturer of digital cameras, is considering entry

Canton Company, a manufacturer of digital cameras, is considering entry into the digital binocular market. Canton Company currently does not produce binoculars of any style, so this venture would requ...

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Q: Rainbow Cruises operates a week-long cruise tour through the Hawaiian

Rainbow Cruises operates a week-long cruise tour through the Hawaiian Islands. Passengers currently pay $1,800 for a two-person cabin, which is an all-inclusive price that includes food, beverages, an...

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Q: Eldon Engine, Inc., produces engines for the watercraft industry.

Eldon Engine, Inc., produces engines for the watercraft industry. An outside manufacturer has offered to supply several component parts used in the engine assemblies, which are currently being produce...

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Q: Sycamore Company uses a certain part in its manufacturing process that it

Sycamore Company uses a certain part in its manufacturing process that it buys from an outside supplier for $29 per part plus another $4 for shipping and other purchasing-related costs. The company wi...

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Q: Product S has a contribution margin of $150 per unit and

Product S has a contribution margin of $150 per unit and requires three hours of machine time. Product T requires four hours of machine time and provides $200 of contribution margin per unit. Require...

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Q: ABC Company produces Product X, Product Y, and Product Z

ABC Company produces Product X, Product Y, and Product Z. All three products require processing on specialized finishing machines. The capacity of these machines is 3,600 hours per month. ABC Company...

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Q: Lamp Art Co. makes specialty table lamps. Manufacturing overhead is

Lamp Art Co. makes specialty table lamps. Manufacturing overhead is applied to production on a direct labor hour’s basis. During November, the first month of the company’s fiscal year, $173,250 of man...

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Q: An investor has asked for your help with the following time value

An investor has asked for your help with the following time value of money applications. Use the appropriate factors from Table 6-4 or Table 6-5 to answer the following questions. Table 6-4: Requir...

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Q: Using data from the financial statements of Intel Corporation in the appendix

Using data from the financial statements of Intel Corporation in the appendix, calculate a. ROI for 2008. Round your percentage answer to one decimal place. b. ROE for 2008. Round your percentage ans...

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