Questions from General Accounting

Q: Some economists (e.g., Hayek) argue that decentralization

Some economists (e.g., Hayek) argue that decentralization of economic decisions in the economy leads to efficient resource allocation. What differences exist within the firm that make the link between...

Q: US Copiers manufactures a full line of copiers including desktop models.

US Copiers manufactures a full line of copiers including desktop models. The Small Copier Division (SCD) manufactures desktop copiers and sells them in the United States. A typical model has a retail...

Q: “It was in Deyang in 1969 that I came to know

“It was in Deyang in 1969 that I came to know how China’s peasants really lived. Each day started with the production team leader allocating jobs. All the peasants had to work, and they each earned a...

Q: Portable Phones, Inc., manufactures and sells wireless telephones for residential

Portable Phones, Inc., manufactures and sells wireless telephones for residential and commercial use. Portable Phones’ plant is organized by product line, with five phone assembly departments in total...

Q: Potter-Bowen (PB) manufactures and sells postage meters throughout

Potter-Bowen (PB) manufactures and sells postage meters throughout the world. Postage meters print the necessary postage on envelopes, eliminating the need to affix stamps. The meter keeps track of th...

Q: J.P. Max is a department store carrying a large

J.P. Max is a department store carrying a large and varied stock of merchandise. Management is considering leasing part of its floor space for $72 per square foot per year to an outside jewelry compan...

Q: Kollel is a private hospital that operates in a large metropolitan area

Kollel is a private hospital that operates in a large metropolitan area. The hospital admits “regular” patients and “private” pa...

Q: Data for the Bidwell Company are as follows: /

Data for the Bidwell Company are as follows: Required: a. Based on the preceding data, calculate break-even sales in units. b. If Bidwell Company is subject to an effective income tax rate of 40 perce...

Q: Five departments of National Training Institute, a nonprofit organization, share

Five departments of National Training Institute, a nonprofit organization, share a rented building. Four of the departments provide services to educational agencies and have little or no competition f...

Q: Overland Steel operates a coal-burning steel mill in New York

Overland Steel operates a coal-burning steel mill in New York state. Changes in the state’s air quality control laws will result in this mill’s incurring a $1,000 per day fine (which will be paid at t...