Questions from Cost Accounting

Q: Bob Jones owns a catering company that prepares food and beverages for

Bob Jones owns a catering company that prepares food and beverages for banquets and parties. For a standard party the cost on a per-person basis is as follows: Jones is quite certain about his estim...

Q: Melissa Crupp is the new manager of the materials storeroom for Canton

Melissa Crupp is the new manager of the materials storeroom for Canton Manufacturing. Melissa has been asked to estimate future monthly purchase costs for part #4599, used in two of Cantonâ€...

Q: Global Defense manufactures radar systems. It has just completed the manufacture

Global Defense manufactures radar systems. It has just completed the manufacture of its first newly designed system, RS-32. Manufacturing data for the RS-32 follow: Required: Calculate the total var...

Q: Assume the same information for Global Defense as in Exercise 10-

Assume the same information for Global Defense as in Exercise 10-29, except that Global Defense uses an 85% incremental unit-time learning model as a basis for predicting direct manufacturing labor-ho...

Q: Merck, a pharmaceutical company, incurs the following costs:

Merck, a pharmaceutical company, incurs the following costs: a. Cost of redesigning blister packs to make drug containers more tamperproof b. Cost of videos sent to doctors to promote sales of a new d...

Q: Answer the following questions. 1. A company has an

Answer the following questions. 1. A company has an inventory of 1,100 assorted parts for a line of missiles that has been discontinued. The inventory cost is $78,000. The parts can be either (a) re m...

Q: Answer the following questions. 1. DeCesare Computers makes 5

Answer the following questions. 1. DeCesare Computers makes 5,200 units of a circuit board, CB76 at a cost of $280 each. Variable cost per unit is $190 and fixed cost per unit is $90. Peach Electronic...

Q: Choose the best answer. 1. The Woody Company manufactures

Choose the best answer. 1. The Woody Company manufactures slippers and sells them at $10 a pair. Variable manufacturing cost is $4.50 a pair, and allocated fixed manufacturing cost is $1.50 a pair. It...

Q: The Award Plus Company manufactures medals for winners of athletic events and

The Award Plus Company manufactures medals for winners of athletic events and other contests. Its manufacturing plant has the capacity to produce 10,000 medals each month. Current production and sales...

Q: The Svenson Corporation manufactures cellular modems. It manufactures its own cellular

The Svenson Corporation manufactures cellular modems. It manufactures its own cellular modem circuit boards (CMCB), an important part of the cellular modem. It reports the following cost information a...