Questions from Cost Accounting

Q: Randomly select annual reports for 10 publicly traded manufacturing companies. On

Randomly select annual reports for 10 publicly traded manufacturing companies. On the balance sheet, or in the related footnotes, for each firm, find the amounts for the three inventory accounts: raw...

Q: The marketing department at Cleveland Furniture Mfg. has an idea for

The marketing department at Cleveland Furniture Mfg. has an idea for a new product that is expected to have a 6-year life cycle. After conducting market research, the company found that the product co...

Q: Mosquito MoJo is developing a propane-powered mosquito zapper for campers

Mosquito MoJo is developing a propane-powered mosquito zapper for campers. Market research has indicated that potential purchasers would be willing to pay $145 per unit for this product. Company engin...

Q: Consider the following data pertaining to March 2011 for a firm that

Consider the following data pertaining to March 2011 for a firm that has adopted JIT. Production ……………………………………..8,000 units Sales ($20 per unit) ………………………..7,900 units Standard production costs Direc...

Q: Oklahoma Pneumatic uses a JIT system. The following standards are related

Oklahoma Pneumatic uses a JIT system. The following standards are related to materials A and B, which are used to make one unit of the company’s final product: Annual Material Standards 3 pounds of Ma...

Q: Find the Web page for Western Digital Corporation in Santa Clara,

Find the Web page for Western Digital Corporation in Santa Clara, California. a. What products does this company make? b. Using the information at http://www.nwasoft.com/press/mag_westdig.htm (last ac...

Q: Natural Gardens makes recylcable pots for plants and uses JIT to manage

Natural Gardens makes recylcable pots for plants and uses JIT to manage inventories and production. The following are standards for a typical 1-gallon pot: Annual Material Standards 32 ounces of Comp...

Q: Duggan Mfg. began implementing a just-intime inventory system several

Duggan Mfg. began implementing a just-intime inventory system several months ago. The production and purchasing managers, however, have not seen any dramatic improvements in throughput. The managers h...

Q: The installation of a flexible manufacturing system allows firms to produce a

The installation of a flexible manufacturing system allows firms to produce a variety of products in small batches. Assume Johnson Steel, a metal fabricating company, is considering switching from a t...

Q: Sony Corp. launched its PlayStation 3 in late 2006. It

Sony Corp. launched its PlayStation 3 in late 2006. It was introduced at a price point of $599 for the top model. At the time of introduction, a California technology firm performed a tear-down of the...