Questions from Cost Accounting

Q: Many firms now engage in some form of B2B (business-

Many firms now engage in some form of B2B (business-to-business) Internet-based commerce. A specific type is B2B buy-side, which is Internet technology that allows firms to solicit bids on inputs that...

Q: Prepare an oral presentation discussing how accounting information can (a)

Prepare an oral presentation discussing how accounting information can (a) help and (b) hinder an organization’s progress toward its mission and objectives. Be sure to differentiate between the effect...

Q: Francis Mendez delivers two-day statistical process control seminars for manufacturing

Francis Mendez delivers two-day statistical process control seminars for manufacturing workers. For each program, a $4,200 fee is normally paid. In 2009, Mendez presented 30 seminars, and he budgeted...

Q: Leander Mfg. has three support departments (human resources, administration

Leander Mfg. has three support departments (human resources, administration, and maintenance) and two revenue-generating departments (assembly and finishing). The company uses the step method to alloc...

Q: Elba Division of Haimes Industries manufactures product #54B89. Three-

Elba Division of Haimes Industries manufactures product #54B89. Three-fourths of the production is transferred to the Crete Division of Haimes Industries; the remainder is sold externally for $67 per...

Q: Prior to the 2009 Super Bowl, a Phoenixarea retailer ordered 50

Prior to the 2009 Super Bowl, a Phoenixarea retailer ordered 50,000 T-shirts that read: Arizona Cardinals—2009 Super Bowl Champs. The company paid $11.75 for each of the custom T-shirts. Following the...

Q: Peyvandi Co., a profit center of California Enterprises, manufactures Product

Peyvandi Co., a profit center of California Enterprises, manufactures Product BP3751-9S to sell internally to other company divisions as well as externally. One unit of Product BP3751-9S sells for $72...

Q: Great Taste Food Stores operates 20 large supermarkets in the East.

Great Taste Food Stores operates 20 large supermarkets in the East. Each store is evaluated as a profit center, and store managers have complete control over their purchases and inventory policy. Comp...

Q: Walsdorf Company’s information technology department is developing a support department transfer price

Walsdorf Company’s information technology department is developing a support department transfer price based on minutes of computer time. For 2010, its expected capacity was 700,000 minutes, and theor...

Q: Use the Internet to identify a multinational company encountering tax problems related

Use the Internet to identify a multinational company encountering tax problems related to transfer pricing between its organizational units in different countries. Prepare a brief discussion of the is...