Questions from Cost Accounting

Q: Anna Martinez, the financial manager at the Casa Real restaurant,

Anna Martinez, the financial manager at the Casa Real restaurant, is checking to see if there is any relationship between newspaper advertising and sales revenues at the restaurant. She obtains the fo...

Q: Fitzgerald Manufacturing has been using activity-based costing to determine the

Fitzgerald Manufacturing has been using activity-based costing to determine the cost of product X-678. One of the activities, “Inspection,” occurs just before the p...

Q: Jayne Barbour is working as a summer intern at Mode, a

Jayne Barbour is working as a summer intern at Mode, a trendy store specializing in clothing for twenty-somethings. Jayne has been working closely with her cousin, Gail Hubbard, who plans promotions f...

Q: Brickman Apparel produces equipment for the extreme-sports market. It

Brickman Apparel produces equipment for the extreme-sports market. It has four peak periods, each lasting two months, for manufacturing the merchandise suited for spring, summer, fall, and winter. In...

Q: The Nautilus Company, which is under contract to the U.

The Nautilus Company, which is under contract to the U.S. Navy, assembles troop deployment boats. As part of its research program, it completes the assembly of the first of a new model (PT109) of depl...

Q: Assume the same information for the Nautilus Company as in Problem 10

Assume the same information for the Nautilus Company as in Problem 10-36 with one exception. This exception is that Nautilus uses a 90% incremental unit-time learning model as a basis for predicting d...

Q: Tilbert Toys (TT) makes the popular Floppin’ Freddy Frog and

Tilbert Toys (TT) makes the popular Floppin’ Freddy Frog and Jumpin’ Jill Junebug dolls in batches. TT has recently adopted activity-based costing. TT incurs setup...

Q: Bebe Williams wonders if she should run a multiple regression with both

Bebe Williams wonders if she should run a multiple regression with both number of setups and number of setup-hours, as cost drivers. Required: 1. Run a multiple regression to estimate the regression...

Q: Fashion Bling operates a chain of 10 retail department stores. Each

Fashion Bling operates a chain of 10 retail department stores. Each department store makes its own purchasing decisions. Barry Lee, assistant to the president of Fashion Bling, is interested in better...

Q: Barry Lee decides that the simple regression analysis used in Problem 10

Barry Lee decides that the simple regression analysis used in Problem 10-40 could be extended to a multiple regression analysis. He finds the following results for two multiple regression analyses:...