How does your answer to 7-11 change if the cost in P1 is changed from $100,000 to

Question:

How does your answer to 7-11 change if the cost in P1 is changed from $100,000 to $120,000?

Involve departmental cost allocation with two service departments and two production departments.

Percentage Service Provided to Department Cost S1 s2 P1 P2 Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) $ 30,000 20,000 100,000 0% 30% 35% 35% 20 20 60 150,000

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Cost Management A Strategic Emphasis

ISBN: 9781259917028

8th Edition

Authors: Edward Blocher, David F. Stout, Paul Juras, Steven Smith

See More Books

Question Posted: Jan 12, 2019 06:10 AM

See More Questions

You manage an $11.5 million portfolio, currently all invested in equities, and believe that the market is on the verge of a big but short-lived downturn. You would move your portfolio temporarily...
Assume that fully taxable bonds yield 10% per year before tax, tax exempt bonds yield 6.5%, and the pretax return on single premium deferred annuities (SPDAs) is 9.5%. a. What are the after tax rates...
Lisa has a $25,000 basis in her partnership interest before receiving a current distribution of $4,000 cash and land with a $30,000 FMV and a $14,000 basis to the partnership. Assume that any...
You have a project to build a new fence. The fence is four sided as shown below. Each side is to take one day to build and is budgeted for $1,000 per side. The sides are planned to be completed one...
Pam Corporation acquired an 80 percent interest in Sun Corporation on January 1, 2016, for $108,000 cash, when Sun's capital stock was $100,000 and retained earnings were $10,000. The difference...
One way to make a compass is to stick a magnetized needle into a piece of cork and float it in a glass bowl full of water. The needle will align itself with the horizontal component of Earth's...
Using Twitter in the classroom. Can Twitter be used to enhance student learning and engagement in a university classroom? This was the question of interest in a study published in the Journal of...
Use Holt-Winters additive method to create a seasonal model that minimizes the MSE for the data set. Use Solver to determine the optimal values of , , and . a. What are the optimal values of , , and...
The financial data for Sheridan Foods Inc. and Sunland Enterprises Ltd . for the current year are as follows ( amounts in thousands ) : ( a ) Your answer is incorrect. Calculate the accounts...
Jordan Walken owns and operates an electronics store in Seattle, Washington. Her accountant has prepared a product line income statement that is reproduced below. (Jordan's two lines are music...
What are the limitations of joint product and departmental cost allocation?
Great Ape Glassworks manufactures glass used for the screens on smartphones. It has two producing departments, P1 and P2, and only one service department, S1. The company is able to track overhead to...
Repeat the previous problem for a 10.0-nmwavelength photon. Data from previous problem (a) Calculate the momentum of a photon having a wavelength of 2.50 m. (b) Find the velocity of an electron...
Adidas-Consumer Goods STEP ONE: MISSION: Mission statement core message that guides and influences your marketing strategy. Why is this company in business and what is the purpose of their...
You have been operating and growing your golf club for the last six (6) years. You are happy with the fact that all revenue streams (and as a result your share value) have continued to increase as...
Given the following HTML, write a simple bit of JavaScript code that will DELETE ALL OF THE TAGS ON THE PAGE. Quiz I'm a Heading I'm a paragraph I'm special I'm also a paragraph Footer! HINT: You'll...
Your company has been quite successful in sending employees on international assignments. As the HR Manager responsible for selecting such employees, present a report to the management of your...
You will be looking at a particular market in the economy. I will assign the market to you arbitrarily. Please look for at the end of this document to identify which market you will be responsible...
One of the properties of a matrix written in row echelon form is that all the rows consisting entirely of 0s are at the bottom of the matrix.
Cassandra Casey operates the Futuristic Antique Store. She maintains subsidiary ledgers for accounts payable and accounts receivable. She presents you with the following information for October 2019:...
This assignment is to complete a reading and to prepare the following discussion questions. The article is authored by Marc J. Epstein, Adriana Rejc Buhovac and Kristi Yuthas, "Implementing...
Explain the difference between the engineered cost and discretionary cost approaches to evaluating support departments.
Training courses and other forms of professional development are commonly used by organizations to improve the managers' effectiveness in leading teams, providing the desired motivation to their...
Portfolio return and beta Personal Finance Problem Jamie Peters invested $ 1 1 3 , 0 0 0 to set up the following portfolio one year ago: a . Calculate the portfolio beta on the basis of the original...
. Emerson Cammack wishes to purchase an annuity contract that will pay him $7,000 a year for the rest of his life. The Philo Life Insurance Company figures that his life expectancy is 20 years, based...
Integrity Inc. can sell 20-year, $1,000 par value bonds paying semi-annual interests with a 10% coupon. The bonds can be sold for $1,050 each; flotation cost of $50 per bond will be incurred in this...

How does your answer to 7-11 change if the cost in P1 is changed from $100,000 to

Question:

Percentage Service Provided to Department Cost S1 s2 P1 P2 Service 1 (S1) Service 2 (S2) Production 1 (P1) Production 2 (P2) $ 30,000 20,000 100,000 0% 30% 35% 35% 20 20 60 150,000

Step by Step Answer:

There will be no change The c...View the full answer

Cost Management A Strategic Emphasis

Students also viewed these Business questions