Questions from Management Accounting

Q: Consider the following data for the satellite Assembly Division of Aéro-

Consider the following data for the satellite Assembly Division of Aéro-France: Required 1. Calculate equivalent units of work done in the current period for direct materials and convers...

Q: Duddon Ltd makes a product that has to pass through two manufacturing

Duddon Ltd makes a product that has to pass through two manufacturing processes, I and II. All the material is input at the start of process I. No losses occur in process I but there is a normal loss...

Q: Telemark-Kjemi AS manufactures an industrial solvent in two departments –

Telemark-Kjemi AS manufactures an industrial solvent in two departments – mixing and cooking. This question focuses on the Cooking Department. During June 2018, 90 tones of solvent w...

Q: Refer to the information in Exercise 4.17. Suppose that

Refer to the information in Exercise 4.17. Suppose that Telemark-Kjemi uses the FIFO method instead of the weighted-average method in all its departments. The only changes under the FIFO method are th...

Q: Carmelo, SA, is planning to buy equipment costing €120

Carmelo, SA, is planning to buy equipment costing €120 000 to improve its materials handling system. The equipment is expected to save €40 000 in cash-operating costs per year. Its estimated useful li...

Q: Refer to the information in Exercise 4.17. Suppose Telemark

Refer to the information in Exercise 4.17. Suppose Telemark-Kjemi determines standard costs of NKr 1050 per (equivalent) tone of transferred-in costs, NOK 390 per (equivalent) tone of direct materials...

Q: Germinal etAssociés provides tax advice to multinational firms. Germinal charges clients

Germinal etAssociés provides tax advice to multinational firms. Germinal charges clients for (a) direct professional time (at an hourly rate) and (b) support services (at 30% of the direc...

Q: Euro-Medi Plc manufactures a wide range of medical instruments.

Euro-Medi Plc manufactures a wide range of medical instruments. Two testing instruments (101 and 201) are produced at its highly automated Limerick plant. Data for December 2018 are as follows: Manufa...

Q: Koala Ltd has only two divisions: A and B. The

Koala Ltd has only two divisions: A and B. The following data apply to Division A. Required 1. Prepare a segment report for Division A that differentiates between the performance of the manager and t...

Q: A computer-service centre of Madrid University serves two major users

A computer-service centre of Madrid University serves two major users, the department of Engineering and the department of Humanities and Sciences (H&S). Required 1. When the computer equipment was i...