Questions from Managerial Accounting

Q: Chef Gourmet, Inc., has assembled the following data pertaining to

Chef Gourmet, Inc., has assembled the following data pertaining to its two most popular products. Past experience has shown that the fixed manufacturing overhead component included in the cost per mac...

Q: Dentech, Inc., uses 10 units of part RM67 each month

Dentech, Inc., uses 10 units of part RM67 each month in the production of dentistry equipment. The cost of manufacturing one unit of RM67 is the following: Direct material ...............................

Q: Cincinnati Flow Technology (CFT) has purchased 10,000 pumps

Cincinnati Flow Technology (CFT) has purchased 10,000 pumps annually from Kobec, Inc. Because the price keeps increasing and reached $102.00 per unit last year, CFT’s management has asked for an estim...

Q: Martinez, Inc., is a small firm involved in the production

Martinez, Inc., is a small firm involved in the production and sale of electronic business products. The company is well known for its attention to quality and innovation. During the past 15 months, a...

Q: Handy Dandy Tools Company manufactures electric carpentry tools. The Production Department

Handy Dandy Tools Company manufactures electric carpentry tools. The Production Department has met all production requirements for the current month and has an opportunity to produce additional units...

Q: Mercury Skateboard Company manufactures skateboards. Several weeks ago, the firm

Mercury Skateboard Company manufactures skateboards. Several weeks ago, the firm received a special-order inquiry from Venus, Inc. Venus desires to market a skateboard similar to one of Mercury’s and...

Q: Treasure Island Beach Equipment, Inc., manufactures deluxe beach cabanas in

Treasure Island Beach Equipment, Inc., manufactures deluxe beach cabanas in Tampa, Florida. Its manufacturing plant has the capacity to produce 2,500 cabanas each month. Current monthly production is...

Q: Palisades Corporation’s Midwest Division manufactures subassemblies that are used in the corporation’s

Palisades Corporation’s Midwest Division manufactures subassemblies that are used in the corporation’s final products. Lynn Hardt of Midwest’s Profit Planning Department has been assigned the task of...

Q: PennTech Corporation has been producing two precision bearings, components T79 and

PennTech Corporation has been producing two precision bearings, components T79 and B81, f or use in production in its central Pennsylvania plant. Data regarding these two components follow. PennTech&a...

Q: Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process.

Breakfasttime Cereal Company manufactures two breakfast cereals in a joint process. Cost and quantity information is as follows: Required: Use the physical-units method to allocate the companyâ...