Questions from Cost Accounting

Q: The accounting department at Kerrville College has decided to offer a three

The accounting department at Kerrville College has decided to offer a three-day ethics workshop for local CPAs in March 2010. Rose Morris, a tenured professor, will supervise the seminarâ€&...

Q: Tennessee Tonic makes a high-energy protein drink. The selling

Tennessee Tonic makes a high-energy protein drink. The selling price per gallon is $7.20, and variable cost of production is $4.32. Total fixed cost per year is $316,600. The company is currently sell...

Q: Organizational spending on outsourced contact centers (previously referred to as call

Organizational spending on outsourced contact centers (previously referred to as call centers) continues to increase. Contact centers are critical to organizational success because these units often h...

Q: Many companies provide on-site child care facilities for employees’ children

Many companies provide on-site child care facilities for employees’ children. In some situations, this service is provided free of charge; in other situations, employees are charged, usually on a slid...

Q: Cardiff Sports sells footballs and shoulder pads. For 2010, company

Cardiff Sports sells footballs and shoulder pads. For 2010, company management budgeted the following: At the end of 2010, management was told that actual sales of footballs were 21,000 units and the...

Q: The Mergers & Acquisitions Division (M&A) of Global

The Mergers & Acquisitions Division (M&A) of Global Financial Services is evaluated by corporate management based on a comparison of budgeted and actual pre-tax income. For 2010, M&A’s budgeted income...

Q: Terry Travers is the manufacturing supervisor of the Aurora Manufacturing Company,

Terry Travers is the manufacturing supervisor of the Aurora Manufacturing Company, which produces a variety of plastic products. Some of these products are standard items that are listed in the compan...

Q: For each of the following items, indicate two performance measurements that

For each of the following items, indicate two performance measurements that could be obtained from a cost management system. Classify each item into one of the four balanced scorecard perspectives. a....

Q: Chesterville Manufacturing makes a variety of glass products having both commercial and

Chesterville Manufacturing makes a variety of glass products having both commercial and household applications. One of its newest divisions, ColOptics, manufactures fiber optic cable and other high-te...

Q: In September 2010, Lyon Precision Corporation (LPC) decided to

In September 2010, Lyon Precision Corporation (LPC) decided to launch an expansion plan for some product lines. To finance this expansion, the firm has decided to issue $400,000,000 of new common stoc...