Questions from Cost Accounting

Q: Pioneer Parts, a manufacturer of windows for commercial buildings, reports

Pioneer Parts, a manufacturer of windows for commercial buildings, reports the following account information for last year (all costs are in thousands of dollars): Information on January 1 (Beginning)...

Q: Butte Components produces a variety of hardware products, primarily for the

Butte Components produces a variety of hardware products, primarily for the do-it-yourself (DIY) market. As part of your job interview as a summer intern at Butte, the cost accountant provides you wit...

Q: Multiple regression results from the data of Adriana Corporation (Exercise 5

Multiple regression results from the data of Adriana Corporation (Exercise 5-30) are as follows: Equation: Overhead = $124,570 + ($31.93 × Labor-hours) + ($41.10 × Machine-hours) Statistical data Corr...

Q: Chuck Moore supervises two consulting jobs for the firm of Price and

Chuck Moore supervises two consulting jobs for the firm of Price and Waters, LLP, which is a consulting firm that helps organizations become more efficient. One of the consulting jobs is for the U.S....

Q: The administrative offices and manufacturing plant of Oakdale Tool & Die share

The administrative offices and manufacturing plant of Oakdale Tool & Die share the same building. The following information (in $000s) appears in the accounting records for last year: Administrative...

Q: The business school dean has asked the accounting club to help with

The business school dean has asked the accounting club to help with a product costing analysis for the school. How would we define the products? What questions would we ask the dean before we accept t...

Q: Coastal Computer operates two retail outlets in Oakview, one on Main

Coastal Computer operates two retail outlets in Oakview, one on Main Street and the other in Lakeland Mall. The stores share the use of a central accounting department. The cost of the accounting depa...

Q: Wayne Casting, Inc., produces a product made from a metal

Wayne Casting, Inc., produces a product made from a metal alloy. Wayne buys the alloy from two different suppliers, Chillicothe Metals and Ames Supply, in approximately equal amounts because of supply...

Q: The library at Pacific Business School (PBS) serves both undergraduate

The library at Pacific Business School (PBS) serves both undergraduate and graduate programs. The dean of PBS is interested in evaluating the profitability of the degree programs and has asked the hea...

Q: After a computer failure, you are trying to reconstruct some financial

After a computer failure, you are trying to reconstruct some financial results for the year just ended. While you know that backups are available, it will take too long to get the information you want...