Problem One Cost Behaviour Required: 1. Which costs are classified as the following (no calculations required): a. Variable (per hour) Extras‚ Stage lighting b. Fixed Director costs/salary‚ equipment depreciation‚ royalties c. Mixed Actors‚ Supplies d. Step cost Food 2. The management has planned to film 800 hours and make 6 shows with an average of 3 actors and 2 extras for August 2009. Please calculate the cost of supplies‚ actors‚ and royalties for this month. (Hint: please use high-low method
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day-to-day business operations. According to the balance sheet model (figure 1)‚ the main components of current assets include: Cash‚ Marketable Security‚ Notes Receivable‚ Accounts Receivable‚ and Inventories of Raw materials‚ Work-in-Progress‚ and Finished goods Concluding Remark Inefficient management of working capital can dramatically affect a company’s cash flow. Take about one minute; ponder the impact to cash flows of inefficient management of each major component of current assets
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FINANCIAL PROJECT REPORT ON RABAXY DRUGS Ltd. Submitted By – Divey Yadav (12609016) Abhita Singh (12609021) Hina Gupta(12609013) Acknowledgements Every endeavour has to have a front to precede its valuable culmination. The front can be put into words‚ which once uttered absolves the speaker of every sense of gratitude with which they were uttered. We take this opportunity to express sincere gratitude and respect to all those who played an important role in giving us the right direction
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1. 2. 3. 4. 5. 6. 7. 8. 9. 10 . 11 . 12 . 13 . 14 . 15 . Depreciation on salespersons’ cars ................ Rent on equipment used in the factory .......... Lubricants used for machine maintenance ..... Salaries of personnel who work in the finished goods warehouse.............................. Soap and paper towels used by factory workers at the end of a shift ...................... Factory supervisors’ salaries.......................... Heat‚ water‚ and power consumed in the factory .....
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E17.15 Spear Custom Furniture uses an activity-based cost accounting system to apply overhead to production. The company maintains four overhead cost pools. The four cost pools‚ and their budgeted amounts for the upcoming period‚ are as follows: Maintenance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $40‚000 Materials handling . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20‚000 Set-ups
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for them. The third step in the procedure of diamond is further processing. In this step all raw form diamonds are sent to the industries where all other impurities are separated from the diamonds and these raw form of diamonds are converted into finished goods. Diamonds have many uses firstly‚ it is used in making jewels. Secondly‚ it is used as a thermal conductor in many science experiments as it is the best thermal conductor. The fourth and the last step in the procedure of diamond is the supply
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pockets on the inside of the garment as the pattern has. I also added a print to the left hand pocket. With the second garment i made‚ but couldn’t finish because i didn’t have the right materials‚ the only thing i changed was to have the pockets finished with overlocking instead of turning the fabric under. The final garment‚ the stripy singlet shirt‚ i actually didn’t use a pattern for‚ i traced one of my existing singlet shirts and made it that way. I really like that way of doing it because with
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popular video games‚ High Ranger and Star Bounder. The closing account balances on the company’s balance sheet for last year are as follows: Cash‚ $18‚735; Accounts Receivable‚ $19‚900; Materials Inventory‚ $18‚510; Work in Process Inventory‚ $24‚680; Finished Goods Inventory‚ $21‚940; Prepaid Expenses‚ $3‚420; Plant and Equipment‚ $262‚800; Accumulated Depreciation—Plant and Equipment‚ $55‚845; Other Assets‚ $9‚480; Accounts Payable‚ $52‚640; Mortgage Payable‚ $70‚000; Common Stock‚ $90‚000; and Retained
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company uses a process cost accounting system. Its Assembly Department’s beginning inventory consisted of 50‚000 units‚ 3/4 complete with respect to direct labor and overhead. The department started and finished 127‚500 units this period. The ending inventory consists of 40‚000 units that are 1/4 complete with respect to direct labor and overhead. All direct materials are added at the beginning of the process. The department incurred direct labor costs of $24‚000 and overhead costs of $32‚000 for
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units for the coming four months are as follows: January ……………… 20‚000 February …………….. 25‚000 March ……………….. 30‚000 April ………………… 30‚000 The following data pertain to production policies and manufacturing specifications followed by Electra: a. Finished goods inventory on January 1 is 13‚000 units. The desired ending inventory for each month is 70 percent of the next month’s sales. b. The data on materials used are as follows: [pic] .:. Inventory policy dictates that sufficient materials be
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