Questions from Managerial Accounting

Q: Using the data in BE12.6, calculate the fixed overhead

Using the data in BE12.6, calculate the fixed overhead production volume variance. Calculate overhead volume variance. Data from BE12.6: H&X Co. uses a standard job cost system with a normal capacity...

Q: The four perspectives in the balanced scorecard are (1)

The four perspectives in the balanced scorecard are (1) financial, (2) customer, (3) internal process, and (4) learning and growth. Match each of the following objectives with the perspective it is m...

Q: Sierra Company is considering a long-term investment project called ZIP

Sierra Company is considering a long-term investment project called ZIP. ZIP will require an investment of $120,000. It will have a useful life of four years and no salvage value. Annual cash inflows...

Q: Good-Buy Electronics Inc. produces and sells two models of

Good-Buy Electronics Inc. produces and sells two models of pocket calculators, Deluxe and Standard. The calculators sell for $8 and $5, respectively. Because of the intense competition Good-Buy faces,...

Q: Information for Sierra Company is given in D13.10. In

Information for Sierra Company is given in D13.10. In addition, the company’s required rate of return is 12%. Instructions Calculate net present value of an investment and its internal rate of return...

Q: Ranger Corporation has decided to invest in renewable energy sources to meet

Ranger Corporation has decided to invest in renewable energy sources to meet part of its energy needs for production. It is considering solar power versus wind power. After considering cost savings as...

Q: Information for Sierra Company is given in D13.10. Assume

Information for Sierra Company is given in D13.10. Assume that annual revenues would increase by $80,000, and annual expenses (excluding depreciation) would increase by $41,000. Sierra uses the straig...

Q: The standard cost of product 2525 includes 1.9 hours of

The standard cost of product 2525 includes 1.9 hours of direct labour at $14.00 per hour. The predetermined overhead rate is $22.00 per direct labour hour. During July, the company incurred 4,100 hour...

Q: The following are objectives for Whitefeather Corporation: 1. Ethics

The following are objectives for Whitefeather Corporation: 1. Ethics violations 2. Credit rating 3. Customer retention 4. Stockouts 5. Reportable accidents 6. Brand recognition Match balanced scorecar...

Q: T&Y Company purchased 12,000 units of raw material

T&Y Company purchased 12,000 units of raw material on account for $23,400, when the standard cost was $24,000. Later in the month, T&Y Company issued 11,200 units of raw materials for production, when...