Questions from Managerial Accounting

Q: Blake’s Blacksmith Co. produces two types of shotguns, a 12

Blake’s Blacksmith Co. produces two types of shotguns, a 12-gauge and 20-gauge. The shotguns are made through a joint production process that ultimately produces 30 12-gauge shotguns and 20 20-gauge s...

Q: Gary’s Grooves Co. produces two types of carving knives, one

Gary’s Grooves Co. produces two types of carving knives, one with a handle made of a polymer that looks like walnut wood and another with a handle made with a polymer that looks like red oak. The kniv...

Q: Man O’Fort Inc. produces two different styles of door handles,

Man O’Fort Inc. produces two different styles of door handles, standard and curved. The door handles go through a joint production molding process costing $29,000 per batch and producing 2,000 standar...

Q: The manufacturing costs of Rosenthal Industries for the first three months of

The manufacturing costs of Rosenthal Industries for the first three months of the year follow: Using the high-low method, determine (a) The variable cost per unit and (b) The total fixed cost.

Q: How does activity-based costing differ from the multiple production department

How does activity-based costing differ from the multiple production department factory overhead rate method?

Q: Waite Company sells 250,000 units at $120 per unit

Waite Company sells 250,000 units at $120 per unit. Variable costs are $78 per unit, and fixed costs are $8,175,000. Determine (a) The contribution margin ratio, (b) The unit contribution margin, and...

Q: Freese Inc. sells a product for $650 per unit.

Freese Inc. sells a product for $650 per unit. The variable cost is $455 per unit, while fixed costs are $4,290,000. Determine (a) The break-even point in sales units and (b) The break-even point if t...

Q: Beard Company sells a product for $15 per unit. The

Beard Company sells a product for $15 per unit. The variable cost is $10 per unit, and fixed costs are $1,750,000. Determine (a) The break-even point in sales units and (b) The sales units required fo...

Q: Conley Company has fixed costs of $17,802,000

Conley Company has fixed costs of $17,802,000. The unit selling price, variable cost per unit, and contribution margin per unit for the company’s two products follow: The sales mix...

Q: Haywood Co. reports the following data: Sales …………………………………. $

Haywood Co. reports the following data: Sales …………………………………. $ 6,160,000 Variable costs ……………………. (4,620,000) Contribution margin ………….. $ 1,540,000 Fixed costs ………………………….. (440,000) Operating income...