Instructor Assignment # 1. 1. Alex Miller‚ Inc.‚ sells car batteries to service stations for an average of $30 each. The variable cost of each battery is $20 and monthly fixed manufacturing costs total $10‚000. Other monthly fixed costs of the company total $8‚000. Required: a. What is the breakeven point in batteries? b. What is the margin of safety‚ assuming sales total $60‚000?
Premium Variable cost Costs Management accounting
Compute a materials price variance for the plates purchased last month and a materials quantity variance for the plates used last month. Materials Price Variance measures the difference between what is paid for a given quantity of materials and what should have been paid according to the standard. (Actual Quantity x Actual Price) – (Actual Quantity x Standard Price) or AQ (AP-SP) Materials Price Variance = 12‚000 plates x ($2.50 - $2.35) = $1‚800 Materials Quantity Variance measures the difference
Premium Time Variance
Chapter 14: Problems 14-28(a-c) A. Test of Control or Substantive Test of Transactions | B. Transaction-related Audit Objective(s) | C. Substantive Test | Substantive Test of Transactions | Accuracy | N/A | Substantive Test of Transactions | Posting and summarization | N?A | Test of Control | Accuracy | Compare unit selling prices on duplicate sales invoices to the approved price list. | Test of Control | Classification | Examine a sample of sales transactions to determine if
Premium Invoice Sample size Sampling
Week 1 - Checkpoint My favorite place is Starbucks. So I will choose that to be the company I will write about for this assignment. Starbucks Corporation has been able to grow revenues from $11.7B to $13.3B. Most impressively‚ the company has been able to reduce the percentage of sales devoted to selling‚ general and administrative costs from 37.08% to 35.38%. This was a driver that led to a bottom line growth from $1.2B to $1.4B. The pertinent statistics for this piece are as follows. During
Premium Balance sheet Inventory Asset
Kudler Fine Foods Service Request SR-kf-013 University of Phoenix Nathan Branham Joseph Duer Monday‚ July 30‚ 2012 BSA/310 Kudler Fine Foods is looking to expand its market and establish a frequent- shopper-program. There are several pitfalls that come with setting up a frequent- shopper-program such as issues of privacy which raise questions about ethics‚ legality‚ and protection of personal information. First lets look at the ethical issues behind any
Premium Identity theft Ethics Sales
Week 1 Assignment-ACC557 Please complete Chapter 1 BYP1-4 and submit to the Dropbox. BYP1-4) a) The loss of $6‚100 was based on the difference between the amount invested of $25‚000 and the bank balance of $18‚900 at March 31. This is not valid for determining income because it only shows the change in cash between to points in time. b) Using the balance sheet to conclude the net income is not valid because there is no net income on the balance sheet. You get the net income from
Premium Generally Accepted Accounting Principles Balance sheet Revenue
my activites 3 times a week i will be undertaking two forty five minute sessions of bycicle riding per week. In addition‚ i will also undertake one 45 minute session of weight training. The cicyling sessions will occur in the afternoon after work. The intention is to follow the route below which is a *** ascent/descent. This route will change over the next few weeks based on my physical fitness progression and enjoyment of the cycle track. The rational for the once a week weights session is because
Premium Exercise Exercise physiology Aerobic exercise
complete A+ tutorial here https://bitly.com/12B1oic This archive file of ACC 206 Week 1 DQ 2 shows the solutions to the following problems: Retained Earnings and the Income Effects on Retained Earnings and the Income Statement 1. Discuss cash dividends and stock dividends. 2. How is each recorded? 3. When each is issued‚ what is the affect on assets‚ liabilities and owner Business - Accounting ACC 206 Week 1 DQ2 Apple’s Cash Flow Go to http://finance.yahoo.com. Enter in “AAPL” and
Premium Dividend Balance sheet Generally Accepted Accounting Principles
Kudler Fine Foods Week 3 University of Phoenix Carlene Szostak (Instructor) MKT/421 Kudler Fine Foods Week 3 This paper gives a justification of the importance for Kudler Fine Food’s development of its marketing tactics and strategy‚ and identifies other areas where additional research is needed. An analysis is done to understand the importance of competitive intelligence in regard to the development of Kudler Fine Foods marketing strategy and tactics. Justifying the Importance
Premium Marketing Competitor analysis
Page #156 4-2 1. Analyzing transactions 2. Journalizing transactions 3. Posting the journal entries 4. Preparing the unadjusted trial balance 5. Journalizing and posting adjusting entries 6. Preparing the adjusted trial balance 7. Preparing the financial statements 8. Journalizing and posting closing entries 9. Preparing the post-closing trial balance Page #159 Exe. 4-4 Account Title Debit
Premium Generally Accepted Accounting Principles Balance sheet