Questions from Managerial Accounting

Q: Alard Company produces blenders and coffee makers. During the past

Alard Company produces blenders and coffee makers. During the past year, the company produced and sold 65,000 blenders and 75,000 coffee makers. Fixed costs for Alard totaled $340,000, of which $184,0...

Q: The following information was obtained for the grinding department of

The following information was obtained for the grinding department of Harlan Company for May:a. BWIP had 91,500 units, 30% complete with respect to manufacturing costs.b. EWIP had 25,200 units, 25% co...

Q: Smooth Move Company manufactures professional paperweights and has been approached

Smooth Move Company manufactures professional paperweights and has been approached by a new customer with an offer to purchase 15,000 units at a per-unit price of $7.00. The new customer is geographic...

Q: Knitpix Products is a division of Parker Textiles Inc. During

Knitpix Products is a division of Parker Textiles Inc. During the coming year, it expects to earn income of $310,000 based on sales of $3.45 million. Without any new investments, the division will hav...

Q: In March, Chilton Company purchased materials costing $25,000 and incurred

In March, Chilton Company purchased materials costing $25,000 and incurred direct labor cost of $10,000. Overhead totaled $42,000 for the month. Information on inventories was as follows:\[/\]/Require...

Q: Juroe Company provided the following income statement for last year:

Juroe Company provided the following income statement for last year:Sales …………………………………………………………..……… $11,300,000Cost of goods sold ………………………………………………… 3,000,000Gross margin …………………………………………….……… $...

Q: Langer Company produces plastic items, including plastic housings for humidifiers.

Langer Company produces plastic items, including plastic housings for humidifiers. Each housing requires about 15 ounces of plastic costing $0.08 per ounce. Langer molds the plastic into the proper sh...

Q: Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing,

Mino Inc. manufactures chocolate syrup in three departments: Cooking, Mixing, and Bottling. Mino uses the weighted average method. The following are cost and production data for the cooking department...

Q: The following financial statements were provided by Roberts Company:

The following financial statements were provided by Roberts Company:\]/At the end of 2014, Roberts purchased some additional equipment for $20,000.Required:Calculate operating cash flows using the dir...

Q: Ondi Airlines is interested in acquiring a new aircraft to

Ondi Airlines is interested in acquiring a new aircraft to service a new route. The route will be from Tulsa to Denver. The aircraft will fly one round-trip daily except for scheduled maintenance days...