Questions from Managerial Accounting

Q: Slaps hot Company makes ice hockey sticks. Last week, direct

Slaps hot Company makes ice hockey sticks. Last week, direct materials (wood, paint, Kevlar, and resin) costing $32,000 were put into production. Direct labor of $28,000 (10 workers 3 200 hours 3 $14...

Q: Slaps hot Company makes ice hockey sticks. On June 1,

Slaps hot Company makes ice hockey sticks. On June 1, Slaps hot had $48,000 of materials in inventory. During the month of June, the company purchased $132,000 of materials. On June 30, materials inve...

Q: Pizza Vesuvio makes specialty pizzas. Data for the past eight months

Pizza Vesuvio makes specialty pizzas. Data for the past eight months were collected: Coefficients shown by a regression program for Pizza Vesuvio’s data are: Intercept â...

Q: Alva Community Hospital has five laboratory technicians who are responsible for doing

Alva Community Hospital has five laboratory technicians who are responsible for doing a series of standard blood tests. Each technician is paid a salary of $30,000. The lab facility represents a recen...

Q: Slaps hot Company makes ice hockey sticks and sold 1,880

Slaps hot Company makes ice hockey sticks and sold 1,880 sticks during the month of June at a total cost of $433,000. Each stick sold at a price of $400. Slaps hot also incurred two types of selling c...

Q: Head-First Company plans to sell 5,000 bicycle helmets

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selli...

Q: Select the graph (A through K) that best matches the

Select the graph (A through K) that best matches the numbered (1 through 6) descriptions of various cost behavior. For each graph, the vertical (y) axis represents total dollars of cost, and the horiz...

Q: Head-First Company plans to sell 5,000 bicycle helmets

Head-First Company plans to sell 5,000 bicycle helmets at $75 each in the coming year. Unit variable cost is $45 (includes direct materials, direct labor, variable factory overhead, and variable selli...

Q: Wachman Company produces a product with the following per-unit costs

Wachman Company produces a product with the following per-unit costs: Direct materials ……………………………….. $15 Direct labor ………………………………………… 6 Manufacturing overhead …………………… 19 Last year, Wachman produc...

Q: Ben Pal man owns an art gallery. He accepts paintings and

Ben Pal man owns an art gallery. He accepts paintings and sculpture on consignment and then receives 20% of the price of each piece as his fee. Space is limited, and there are costs involved, so Ben i...