Questions from Cost Accounting

Q: Attorney Maria Conroe uses a job order costing system to collect costs

Attorney Maria Conroe uses a job order costing system to collect costs of client engagements. Conroe is currently working on a case for Stacie Olivgra. During the first three months of 2010, Conroe lo...

Q: Juneau Container makes steel storage canisters for various chemical products. The

Juneau Container makes steel storage canisters for various chemical products. The company uses a job order costing system and obtains jobs based on competitive bidding. For each project, a budget is d...

Q: Companies use time sheets for two primary reasons: to know how

Companies use time sheets for two primary reasons: to know how many hours an employee works and, in a job order production situation, to trace work hours to products. An article (“Altering of Worker T...

Q: San Angelo Corp. uses a job order costing system for client

San Angelo Corp. uses a job order costing system for client contracts related to custom-manufactured pulley systems. Elmore Mechanical recently ordered 20,000 pulleys, and the job was assigned #BA468....

Q: “I’m going to focus on the customers of my business and

“I’m going to focus on the customers of my business and leave cost-allocation issues to my accountant.” Do you agree with this comment by a division president? Explain.

Q: Describe three key components in doing a strategic analysis of operating income

Describe three key components in doing a strategic analysis of operating income.

Q: Pharmahelp, Inc., a distributor of special pharmaceutical products, operates

Pharmahelp, Inc., a distributor of special pharmaceutical products, operates at capacity and has three main market segments: a. General supermarket chains b. Drugstore chains c. Mom-and-pop single-...

Q: Pastel Bags (PB) is a designer of high-quality

Pastel Bags (PB) is a designer of high-quality backpacks and purses. Each design is made in small batches. Each spring, PB comes out with new designs for the backpack and for the purse. The company us...

Q: Crosstown Health Center runs two programs: drug addict rehabilitation and aftercare

Crosstown Health Center runs two programs: drug addict rehabilitation and aftercare (counseling and support of patients after release from a mental hospital). The center’s budget for...

Q: Zarson’s Netballs is a manufacturer of high-quality basketballs and volleyballs

Zarson’s Netballs is a manufacturer of high-quality basketballs and volleyballs. Setup costs are driven by the number of setups. Equipment and maintenance costs increase with the num...