ACCT202: Accounting for Decision-Making CASE ASSIGNMENT #1 : Cortland Manufacturing, Inc. ACCT202: Accounting for Decision-Making II CASE ASSIGNMENT #1 : Cortland Manufacturing, Inc. EXMIBIT REQUMED Don't try to brgin answering oventions uneil you heve studied the cose information corefully. Care reading will resuit in coreiess errees Just take a few extra minutes to understand it ak Direct Material Direct Labor $1,000 200 1 Cakculate the predetermined overhead rate the company is currently using. Where shouls 2,500 oet for the machine hours?) Using the information from the exhibits and Qi, caleuiate the manufecturing cost of ONE 2 Cortiand 1000 and ONt Cortland 2000 LCalculate the selling price, under the current system, of ONE Cartland 1000 and ONE Cortlan Next, you are geing to begih te analyse the ABC system. In arder to do this, hewever, your st of Esh bits 2 and 3 should have told you that you are geing to have to convert the infarmatio the company ourrently measures into the infarmation you need for the AdC analysis. First, he Recelve/handle raw Orders recelved 200 orders Now many batches of each madel did the company pack and ship? Adjust/set up mathines Number of etups Inpect, pack, shipBabches 3,000 setup 00 batches 12000,000 How many machine setugs does Cortiand do for each medel 8 10 11 show how the company would determine a seling pen ser each model under the ABC ?tem Cakulate a rate for each activeilty in Exbit2 Use "se 'ates cao vated in Q, to .pp "verhead to "ch predet ine Cantidl??and2000 Cakulste the overhead per cempster for aCertiand 1000 and a Cortand 2000 csevi Inspect raw materials older parts Assemble computers Inspection hours Seldering hours Assembly hous 200,000 insp h 200,000 udr,hr 100.000 asmr 10,000.000 $12,000.000 the-anufacturing eon o, ONE Cated i000 and OM Cart-2000 u? ABC 12. shouid Mr. Werks adest an ABC system for internal analysis? Your aniwer should address the twe paints of AC, and twe drewbecls that he M.Works is also concerned about future groduct development They have several new mode tan ABC system ia Recelved order sae" is the humber of computers one eder of raw materials wll baild. Thus, for example, Isee abovel the company receives 2 onders af raw materials for the Cortland 1,000 Calculation; 2a,000 computers per vear, divided by 10,000 cemputers each order wil build- 2 orders ACCT202: Accounting for Decision-Making CASE ASSIGNMENT #1 : Cortland Manufacturing, Inc. ACCT202: Accounting for Decision-Making II CASE ASSIGNMENT #1 : Cortland Manufacturing, Inc. EXMIBIT REQUMED Don't try to brgin answering oventions uneil you heve studied the cose information corefully. Care reading will resuit in coreiess errees Just take a few extra minutes to understand it ak Direct Material Direct Labor $1,000 200 1 Cakculate the predetermined overhead rate the company is currently using. Where shouls 2,500 oet for the machine hours?) Using the information from the exhibits and Qi, caleuiate the manufecturing cost of ONE 2 Cortiand 1000 and ONt Cortland 2000 LCalculate the selling price, under the current system, of ONE Cartland 1000 and ONE Cortlan Next, you are geing to begih te analyse the ABC system. In arder to do this, hewever, your st of Esh bits 2 and 3 should have told you that you are geing to have to convert the infarmatio the company ourrently measures into the infarmation you need for the AdC analysis. First, he Recelve/handle raw Orders recelved 200 orders Now many batches of each madel did the company pack and ship? Adjust/set up mathines Number of etups Inpect, pack, shipBabches 3,000 setup 00 batches 12000,000 How many machine setugs does Cortiand do for each medel 8 10 11 show how the company would determine a seling pen ser each model under the ABC ?tem Cakulate a rate for each activeilty in Exbit2 Use "se 'ates cao vated in Q, to .pp "verhead to "ch predet ine Cantidl??and2000 Cakulste the overhead per cempster for aCertiand 1000 and a Cortand 2000 csevi Inspect raw materials older parts Assemble computers Inspection hours Seldering hours Assembly hous 200,000 insp h 200,000 udr,hr 100.000 asmr 10,000.000 $12,000.000 the-anufacturing eon o, ONE Cated i000 and OM Cart-2000 u? ABC 12. shouid Mr. Werks adest an ABC system for internal analysis? Your aniwer should address the twe paints of AC, and twe drewbecls that he M.Works is also concerned about future groduct development They have several new mode tan ABC system ia Recelved order sae" is the humber of computers one eder of raw materials wll baild. Thus, for example, Isee abovel the company receives 2 onders af raw materials for the Cortland 1,000 Calculation; 2a,000 computers per vear, divided by 10,000 cemputers each order wil build- 2 orders