Questions from Cost Accounting

Q: Keezel Company uses normal costing in its job-costing system.

Keezel Company uses normal costing in its job-costing system. Partially completed T-accounts and additional information for Keezel for 2017 are as follows: Additional information follows: a. Direct...

Q: Estevez Company uses normal costing in its job-costing system.

Estevez Company uses normal costing in its job-costing system. The company produces kitchen cabinets. The beginning balances (December 1) and ending balances (as of December 30) in their inventory acc...

Q: Resource Room prints custom training material for corporations. The business was

Resource Room prints custom training material for corporations. The business was started January 1, 2017. The company uses a normal-costing system. It has two direct-cost pools, materials and labor, a...

Q: Joseph Underwood joined Anderson Enterprises as controller in October 2016. Anderson

Joseph Underwood joined Anderson Enterprises as controller in October 2016. Anderson Enterprises manufactures and installs home greenhouses. The company uses a normal-costing system with two direct-co...

Q: Market Pulse performs market research for consumer product companies across the country

Market Pulse performs market research for consumer product companies across the country. The company conducts telephone surveys and gathers consumers together in focus groups to review foods, cleaning...

Q: Raynham’s Radiology Center (RRC) performs X-rays, ultrasounds

Raynham’s Radiology Center (RRC) performs X-rays, ultrasounds, computer tomography (CT) scans, and magnetic resonance imaging (MRI). RRC has developed a reputation as a top radiology...

Q: The Coby Company expects sales in 2018 of 201,000 units

The Coby Company expects sales in 2018 of 201,000 units of serving trays. Coby’s beginning inventory for 2018 is 13,000 trays, and its target ending inventory is 29,000 trays. Compute the number of tr...

Q: Dawson Co. produces wine. The company expects to produce 2

Dawson Co. produces wine. The company expects to produce 2,535,000 two-liter bottles of Chablis in 2018. Dawson purchases empty glass bottles from an outside vendor. Its target ending inventory of suc...

Q: Tasty Beverages began business in 2010 selling bottles of a thirst-

Tasty Beverages began business in 2010 selling bottles of a thirst-quenching drink. Production for the first year was 104,000 bottles, and sales were 98,000 bottles. The selling price per bottle was $...

Q: Use the information for Sheridan Shacks in Exercise and assume a tax

Use the information for Sheridan Shacks in Exercise and assume a tax rate for the company of 35 percent. Information given in Exercise 8: Sheridan Shacks makes portable garden sheds that sell for $1,...