Questions from Cost Accounting

Q: Refer to Exercise 13-30. Assume that in 2016,

Refer to Exercise 13-30. Assume that in 2016, Dransfield has changed its processes and trained workers to recognize quality problems and fix them before products are finished and shipped to customers....

Q: Dvent budgets 18,000 machine hours for the production of computer

Dvent budgets 18,000 machine hours for the production of computer chips in August 2015. The budgeted variable overhead rate is $6 per machine-hour. At the end of August there is a $375 favourable rate...

Q: Suppose that during 2016, the market for ZP98 grew 8%.

Suppose that during 2016, the market for ZP98 grew 8%. All increases in market share (that is, sales increases greater than 8%) are the result of Dransfield’s strategic actions. Required: Calculate h...

Q: Refer to the information for Dransfield Company in Exercise 13-31

Refer to the information for Dransfield Company in Exercise 13-31. Required: 1. Calculate the amount and cost of unused capacity for: a. Manufacturing b. Sales and customer service c. AdvertisingIf y...

Q: Caltex Inc. refines gasoline and sells it through its own Caltex

Caltex Inc. refines gasoline and sells it through its own Caltex Gas Stations. On the basis of market research, Caltex determines that 60% of the overall gasoline market consists of “...

Q: BrightStar, a cable television operator, had 800,000 subscribers

BrightStar, a cable television operator, had 800,000 subscribers in 2015. The company employs eight customer help-desk representatives to respond to customer questions and problems. During 2015, each...

Q: Lee Corporation manufactures various types of colour laser printers in a highly

Lee Corporation manufactures various types of colour laser printers in a highly automated facility with high fixed costs. The market for laser printers is competitive. The various colour laser printer...

Q: Guble Company manufactures wallets from fabric. In 2015, Guble made

Guble Company manufactures wallets from fabric. In 2015, Guble made 2,500,000 wallets using 1,875,000 metres of fabric. In 2016, Guble plans to make 2,650,000 wallets and wants to make fabric use more...

Q: Refer to the data for Exercise 13-37. Assume the

Refer to the data for Exercise 13-37. Assume the fabric costs $4 per metre in 2016 and $4.10 per metre in 2015. Required: 1. Compute Guble Company’s total factor productivity (TFP) for 2016. 2. Compa...

Q: Mayfair Corporation currently subsidizes cafeteria services for its 250 employees. Mayfair

Mayfair Corporation currently subsidizes cafeteria services for its 250 employees. Mayfair is in the process of reviewing the cafeteria services as cost-cutting measures are needed throughout the orga...