Questions from Cost Accounting

Q: Refer to the data for Problem 13-43. Assume the

Refer to the data for Problem 13-43. Assume the fabric costs $4.40 per yard in 2020 and $4.55 per yard in 2019. Required 1. Compute Goldstein Company’s total factor productivity (TFP) for 2020. 2. Co...

Q: Zoom-o-licious makes candy bars for vending ma-

Zoom-o-licious makes candy bars for vending ma- chines and sells them to vendors in cases of 30 bars. Although Zoom-o-licious makes a variety of candy, the cost differences are insignificant, and the...

Q: A & L Mechanical sells and services plumbing, heating, and

A & L Mechanical sells and services plumbing, heating, and air-conditioning systems. A & L’s cost accounting system tracks two cost categories: direct labor and direct materi...

Q: Florida Temps, a large labor contractor, supplies contract labor to

Florida Temps, a large labor contractor, supplies contract labor to construction companies. For 2020, Florida Temps has budgeted to supply 82,000 hours of contract labor. Its variable costs are $11 pe...

Q: Quick Test Laboratories evaluates the re- action of materials to extreme

Quick Test Laboratories evaluates the re- action of materials to extreme increases in temperature. Much of the company’s early growth was attribut- able to government contracts, but...

Q: Life Cycle Metal Recycling and Salvage receives the opportunity to salvage scrap

Life Cycle Metal Recycling and Salvage receives the opportunity to salvage scrap metal and other materials from an old industrial site. The current owners of the site will sign over the site to Life C...

Q: Europa Airways is about to introduce a daily round-trip flight

Europa Airways is about to introduce a daily round-trip flight from Madrid, Spain, to Cairo, Egypt, and is determining how to price its round-trip tickets. The market research group at Europa Airways...

Q: ProDry is entering the professional hair dryer market. Research shows that

ProDry is entering the professional hair dryer market. Research shows that their customers wish to pay $310 or less for each dryer. Cost accountants at the manufacturer have collected the following in...

Q: The management of ProDry is considering use of the cost-plus

The management of ProDry is considering use of the cost-plus approach rather than the target-cost approach used in 14-35. Refer to the information in 14-35. Required 1. Do you think that it’s a good...

Q: Northampton plc, a British-based company, makes superbikes for

Northampton plc, a British-based company, makes superbikes for the U.S. and British markets. For the current year, it estimates fixed costs of £10 million. Its variable costs are £3,000 per motorcycle...