future costs. b. 1-8 2-4 A lotion bundle consists of 2 cases of 4oz‚ 4 cases of 8oz and 1 case of 12oz bottles. For each lotion bundle: Revenue=2*$36+4*$66+1*72=$408‚ Variable cost=2*$13+4*$24.5+1*27=$151 Contribution margin=2*$23+4*$41.5+1*45=$257. Therefore‚ the number of bundles required to break even is $771‚000/$257=3‚000 bundles 3‚000 bundles require a production of 6‚000 cases of 4oz‚ 12‚000 cases of 8oz and 3‚000 cases of 12oz bottles. 2-12 a. Line K Break-even point
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000 = 1‚350‚000 Less var. CGS 12*45000 540‚000 CM 810‚000 less fixed costs: FMO 180‚000 Fixed S & admin. 160‚000 Net income 470‚000 EX5-18 3.6 * 5000 = 18‚000 And 488‚000 – 470‚000 = 18‚000 Problem 5-2 VC per unit = 75 2013 2014 2015 Full cost per unit = 50‚000/5000 50‚000/6‚000 50‚000/4000 10 8.33 12.50 Add 75 75 75 = 85 83.33 87.50 Sales= 225*5000 1‚125‚000 1‚125‚000 1‚125‚000 Less CGS 85*5
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BE12-1‚ BE12-4‚ BE12-5‚ BE12-6 Exercise: E12-5 BE 12-1 $450‚000 ÷ $50‚000 = 9 years BE 12-4 | | CashFlows | X | 9% DiscountFactor | = | PresentValue | | | | | | | | Present value of net annual cash flowsPresent value of salvage valueCapital investmentNet present value | | $34‚000 0 | XX | 5.53482 .50187 | == | ($188‚184)( 0)( 188‚184)( 200‚000)($ (11‚816) | The reduction in downtime would have to have a present value of at least $11‚816 in order for the project
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Not everything that can be counted counts‚ and not everything that counts can be counted. Albert Einstein LG Electronics‚ Inc established in 1958 and has its headquarter in Seoul‚ South Korea is one of the leading companies in the world which produces electronic and communication devices‚ IT productions. LG which stands for “Life’s Good” determines what the company is striving for. One of the main aim of LG Electronics is ensuring to make the dgigtal life better for its customers. Eco- Friendly
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April purchases 110‚000 $110‚000 220‚000 May purchases 146‚250 $146‚250 292‚500 June purchases 105‚000 105‚000 Total cash payments $195‚750 $256‚250 $251‚250 $703‚250 2. Cravat Sales Company Cash Budget For the Three Months Ending June 30 April May June Quarter Cash balance‚ beginning $ 14‚000 $ 10‚250 $ 10‚000 $ 14‚000 Add receipts from customers (Part 1 b.) 230‚000 286‚000 370‚000 886
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MANAGERIAL AND COST ACCOUNTING LARRY M. WALTHER & CHRISTOPHER J. SKOUSEN DOWNLOAD FREE TEXT BOOKS AT BOOKBOON.COM Managerial and Cost Accounting © 2009 Larry M. Walther‚ under nonexclusive license to Christopher J. Skousen & Ventus Publishing ApS. All material in this publication is copyrighted‚ and the exclusive property of Larry M. Walther or his licensors (all rights reserved). ISBN 978-87-7681-491-5 Download free books at BookBooN.com 2 Managerial and Cost Accounting
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Analysis of Physical Flow of Units: Physical Units in beginning Work in Process: 50‚000 Add: Physical Units started 200‚000 Less: Physical Units completed & transferred out 190‚000 Equals: Physical units in ending Work in Process 60‚000 2. Calculation of Equivalent Units % of completion w/respect Physical Units to conversion Direct Materials Conversion Work in Process‚ June 1 50‚000 40% Units started during June 200‚000 Total units to account for 250‚000 Units completed
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Net income Assume there are no other expenses or costs in MM Co. $95‚000 $67‚000 $15‚000 $7‚000 $12‚000 $41‚000 $44‚000 $26‚000 $16‚500 $7‚500 $25‚000 $6‚000 $101‚000 $102‚000 $233‚000 $344‚000 $127‚000 $30‚000 Required: 1. 2. 3. 4. 5. 6. Compute the cost of goods sold in September. Compute the balance in finished wooden beds inventory at September 30. Compute the total manufacturing overhead. What’s the amount of total manufacturing cost in September? Compute
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ACCT116 Management Accounting Spring Semester 2012/13 Course Instructor Dr Emad AWADALLAH Library Building Basement Room B161 Email: emad.awadallah@qu.edu.qa Contact Details O Course Instructor: Dr Emad AWADALLAH My Office room: Library Building‚ Basement‚ Room B161 Office Hours: Sunday Female 9:30-10:30 am Office Hours: Thursday Male 9:30-10:30 am E-mail: emad.awadallah@qu.edu.qa Core Text Book By Garrison‚ Noreen and Brewer‚ 14th edition‚ 2011. Assessment Grading First Exam Second
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CHAPTER 2 CONCEPTUAL FRAMEWORK UNDERLYING FINANCIAL ACCOUNTING IFRS questions are available at the end of this chapter. TRUe-FALSe—Conceptual Answer No. Description F 1. Nature of conceptual framework. T 2. Conceptual framework definition. F 3. Levels of conceptual framework. T 4 International conceptual framework. F 5. Statements of Financial Accounting Concepts. T 6. Decision usefulness.Objective of financial reporting. F 7. Financial statement users. T 8. Relevance and
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