any accounting tutors for managerial accounting manufacturing accounting operations accounting etc. take a look at these questions. I have some work for you if you know this very well.

thanks Brian.

1. Award: 0 out of 5.00 points Show my answer TB Problem Qu. 10-255 Bracamonte Hospital... Bracamonte Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below: Budgeted number of patient-visits 8,600 Budgeted variable costs: Supplies (@ $8.42 per patient$72,412 visit) Laundry (@ $7.92 per patient68,112 visit) Budgeted fixed costs: Wages and salaries 98,100 Occupancy costs 80,210 Total expense $318,834 Required: Prepare the flexible budget for 9,100 patient-visits per month. Bracamonte HospitalFlexible Budget Actual patient-visits 9,100 Expenses:Supplies $76,622 Laundry 72,072 Laundry 98,100 Occupancy costs 80,210 Total expenses $327,004 Explanation: Actual patient-visits: q = 9,100 Supplies: $8.42 q = $76,622 Laundry: $7.92q = $72,072 Wages and salaries: $98,100 = $98,100 Occupancy costs: $80,210 = $80,210 2. Award: 0 out of 5.00 points TB MC Qu. 10-67 Vanderhyde Kennel uses tenant-days as its... Vanderhyde Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During May, the kennel budgeted for 3,490 tenant-days, but its actual level of activity was 3,549 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue Wages and $ 5,400 salaries Food and 2,130 supplies Facility 14,100 expenses Administrative 8,450 expenses Total expenses $ 30,080 $ 55.00 $ 9.10 17.10 8.50 4.20 $ 38.90 Actual results for May: Revenue Wages and salaries Foods and supplies Facility expenses Administrative expenses $ $ $ $ $ 199,715 39,251 61,263 43,097 23,011 The administrative expenses in the planning budget for May would be closest to: $22,780 $22,874 $23,124 $23,108$$$$$$$ Cost = Fixed cost + (Variable cost per unit q) = $8,450 + ($4.20 3,490) = $23,108 3. Award: 0 out of 5.00 points TB MC Qu. 10-144 Hairston Corporation manufactures and sells... Hairston Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets and performance reports. During November, the company budgeted for 7,740 units, but its actual level of activity was 7,760 units. The company has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Revenue Direct labor Fixed Variable element per element month per unit $ 39.7 $ 0 $ 8.6 Direct materials Manufacturing overhead Selling and administrative expenses Total expenses 0 16.9 44,200 2.0 20,800 0.6 $ 65,000 $ 28.1 Actual results for November: Revenue Direct labor Direct materials Manufacturing overhead Selling and administrative expenses $ $ $ $ 306,902 67,126 130,754 57,790 $ 25,396 The direct materials in the flexible budget for November would be closest to: $130,445 $131,104 $131,144$$$$$$$ $130,814 Cost = Fixed cost + (Variable cost per unit q) = $0 + ($16.9 7,760) = $131,144 4. Award: 0 out of 5.00 points TB MC Qu. 10-161 Nicolini Kennel uses tenant-days as its measure... Nicolini Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During October, the kennel budgeted for 2,390 tenant-days, but its actual level of activity was 2,440 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for October: Data used in budgeting: Revenue Wages and salaries Variable Fixed element element per per month tenantday $ 44.90 $ 4,140 $ 9.30 Food and supplies Facility expenses Administrative expenses Total expenses 1,050 15.70 11,130 6.50 10,050 2.10 $ 26,370 $ 33.60 Actual results for October: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $ $ $ $ $ 106,086 25,787 38,663 27,765 15,039 The food and supplies in the flexible budget for October would be closest to: $39,358$$$$$$$ $38,154 $39,376 $38,763 Cost = Fixed cost + (Variable cost per unit q) = $1,050 + ($15.70 2,440) = $39,358 5. Award: 0 out of 5.00 points TB MC Qu. 10-246 Bobe Air uses two measures... Bobe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost formula for plane operating costs is $53,600 per month plus $2,810 per flight plus $9 per passenger. The company expected its activity in May to be 54 flights and 221 passengers, but the actual activity was 57 flights and 220 passengers. The actual cost for plane operating costs in May was $214,915. The plane operating costs in the flexible budget for May would be closest to: $215,750$$$$$ $207,329 $214,915 $217,799 Cost = Fixed cost + (Variable cost per unit1 q1) + (Variable cost per unit2 q2) = $53,600 + ($2,810 57) + ($9 220) = $215,750 1. Award: 0 out of 5.00 points TB MC Qu. 11-48 Degregorio Corporation makes a product... Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity Standard price 2.5 kilos per unit $5.00 per kilo The company produced 6,600 units in November using 16,850 kilos of the material. During the month, the company purchased 18,900 kilos of the direct material at a total cost of $90,720. The direct materials purchases variance is computed when the materials are purchased. The materials price variance for November is: $3,076 F $3,076 U $3,780 F$$$$$$$ $3,780 U AQ AP = $90,720 Materials price variance = (AQ AP) (AQ SP) = ($90,720) (18,900 kilos $5.00 per kilo) = $90,720 $94,500 = $3,780 F 2. Award: 0 out of 5.00 points TB MC Qu. 11-52 Blaster, Inc., manufactures portable radios. Each... Blaster, Inc., manufactures portable radios. Each radio requires 3 units of Part XBEZ52, which has a standard cost of $1.35 per unit. During May, the company purchased 14,620 units of the part for a total of $20,468. Also during May, the company manufactured 3,540 radios, using 11,820 units of part XBEZ52. The direct materials purchases variance is computed when the materials are purchased. During May, the materials quantity variance for part XBEZ52 was: $1,620 U$$$$$$$ $1,620 F $5,060 F $5,060 U SQ = 3,540 units 3 parts per unit = 10,620 parts Materials quantity variance = (AQ SQ) SP = (11,820 parts 10,620 parts) $1.35 per part = (1,200 parts) $1.35 per part = $1,620 U 3. Award: 0 out of 5.00 points TB MC Qu. 11-143 Midgley Corporation makes a product whose... Midgley Corporation makes a product whose direct labor standards are 2.0 hours per unit and $21.00 per hour. In April, the company produced 6,100 units using 11,660 direct labor-hours. The actual direct labor cost was $234,370. The labor rate variance for April is: rev: 11_01_2016_QC_CS-68333 $10,618 U $10,490 F$$$$$$$ $10,618 F $10,490 U AH AR = $234,370 Labor rate variance = (AH AR) (AH SR) = ($234,370) (11,660 hours $21per hour) = $234,370 $244,860 = $10,490 F 4. Award: 0 out of 5.00 points TB MC Qu. 11-151 Novelli Corporation makes a product whose variable... Novelli Corporation makes a product whose variable overhead standards are based on direct labor-hours. The quantity standard is 1.4 hours per unit. The variable overhead rate standard is $11.00 per hour. In September, the company produced 1,450 units using 2,020 direct labor-hours. The actual variable overhead rate was $12.30 per hour. The variable overhead rate variance for September is: $2,626 F $2,627 U $2,626 U$$$$$$$ $2,627 F Variable overhead rate variance = AH (AR SR) = 2,020 hours ($12.30 per hour $11.00 per hour) = 2,020 hours ($1.30 per hour) = $2,626 U 5. Award: 0 out of 5.00 points Show my answer TB Problem Qu. 11-173 Smyer Corporation makes a product... Smyer Corporation makes a product with the following standard costs: Standard Standard Price Quantity or or Rate Hours Direct materials 6.4 pounds $9.00 per pound Direct labor 2.3 hours $23.00 per hour Variable overhead 2.3 hours $ 7.00 per hour Standard Cost Per Unit $57.60 $ 52.90 $ 16.10 The company reported the following results concerning this product in July. Originally budgeted output Actual output Raw materials used in production Actual direct labor-hours Purchases of raw materials Actual price of raw materials Actual direct labor rate Actual variable overhead rate 6,200 units 5,960 units 40,640 pounds 13,720 43,140 $ 9.25 $ 25.60 $ 6.00 hours pounds per pound per hour per hour The materials price variance is recognized when materials are purchased. Variable overhead is applied on the basis of direct labor-hours. (Round your answer to the nearest whole dollar amount.) Required: a. Compute the materials quantity variance. Materials quantity variance $22,464 U b. Compute the materials price variance. Materials price variance $10,785 U c. Compute the labor efficiency variance. Labor efficiency variance $276 U d. Compute the labor rate variance. Labor rate variance$35,672U e. Compute the variable overhead efficiency variance. Variable overhead efficiency variance $84 U f. Compute the variable overhead rate variance. ariable overhead rate variance $13,720 F Explanation: a. SQ = 5,960 units 6.4 pounds per unit = 38,144 pounds Materials quantity variance = (AQ - SQ) SP = (40,640 pounds 38,144 pounds) $9.00 per pound) = (2,496 pounds) $9.00 per pound) = $22,464 U b. Materials price variance = AQ (AP - SP) = 43,140 pounds ($9.25 per pound $9.00 per pound) = 43,140 pounds ($0.25 per pound) = $10,785 U c. SH = 5,960 units 2.3 hours per unit = 13,708 hours Labor efficiency variance = (AH - SH) SR = (13,720 hours 13,708 hours) $23.00 per hour = (12 hours) $23.00 per hour = $276 U d. Labor rate variance = AH (AR - SR) = 13,720 hours ($25.60 per hour $23.00 per hour) = 13,720 hours ($2.60 per hour) = $35,672 U e. SH = 5,960 units 2.3 hours per unit = 13,708 hours Variable overhead efficiency variance = (AH - SH) SR = (13,720 hours 13,708 hours) $7.00 per hour = (12 hours) $7.00 per hour = $84 U f. Variable overhead rate variance = AH (AR - SR) = 13,720 hours ($6.00 per hour $7.00 per hour) = 13,720 hours ($1.0 per hour) = $13,720 F 1. Award: 0 out of 5.00 points TB MC Qu. 12-50 Mccubbin Corporation keeps careful track... Mccubbin Corporation keeps careful track of the time required to fill orders. The times recorded for a particular order appear below: Move time Wait time Queue time Process time Inspection time Hours 1.9 27.7 4.5 0.6 0.4 The delivery cycle time was: 6.4 hours 34.1 hours 35.1 hours$$$$$$$ 1.9 hours Throughput time = Process time + Inspection time + Move time + Queue time = 0.6 hours + 0.4 hours + 1.9 hours + 4.5 hours = 7.4 hours Delivery cycle time = Wait time + Throughput time = 27.7 hours + 7.4 hours = 35.1 hours 2. Award: 0 out of 5.00 points TB MC Qu. 12-57 Aguilera Industries is a division of a major... Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $ 17,560,000 Net operating income $ 1,071,160 Average operating $ 4,300,000 assets The division's turnover is closest to: 4.08$$$$$$ 16.39 4.01 0.25 Turnover = Sales Average operating assets = $17,560,000 $4,300,000 = 4.08 3. Award: 0 out of 5.00 points TB MC Qu. 12-60 The Portland Division's operating... The Portland Division's operating data for the past two years is as follows: Year 1 Year 2 Return on % investme 15 9% nt Net $ 315,00 operating ? $ 0 income Turnover ? 2 Margin ? ? $ 1,850,00 Sales ? 0 The Portland Division's margin in Year 2 was 150% of the margin for Year 1. The turnover for Year 1 was: 5.00$$$$$$$ 1.80 5.00 2.60 Year 2 ROI = Year 2 Margin Year 2 Turnover 9.00% = Year 2 Margin 2 Year 2 Margin = 9.00% 2 = 4.50% Year 2 Margin = 150.00% Year 1 Margin 4.50% = 150.00% Year 1 Margin Year 1 Margin = 4.50% 150.00% = 3.00% Year 1 ROI = Year 1 Margin Year 1 Turnover 15.00% = 3.00% Year 1 Turnover Year 1 Turnover = 15.00% 3.00% = 5.00 4. Award: 0 out of 5.00 points TB MC Qu. 12-76 Cabal Products is a division of a major corporation. Cabal Products is a division of a major corporation. Last year the division had total sales of $14,301,000, net operating income of $677,368, and average operating assets of $4,540,000. The company's minimum required rate of return is 14%. The division's turnover is closest to: 2.83 17.88 .79 3.15$$$$$$$ Turnover = Sales Average operating assets = $14,301,000 $4,540,000 = 3.15 5. Award: 0 out of 5.00 points Show my answer TB Problem Qu. 12-105 Financial data for Redstone Company... Financial data for Redstone Company for last year appear below: Redstone Company Statements of Financial Position Beginning Ending Balance Balance Assets: Cash Accounts receivable Inventory Plant and equipment (net) Investment in Balsam Company Land (undeveloped) Total assets Liabilities and owners' equity: Accounts payable Long-term debt Owners' equity Total liabilities and owners' equity $ 336,000 $ 299,888 139,000 149,000 236,000 254,000 452,000 479,000 269,000 267,000 377,000 377,000 $1,809,000 $1,825,888 $ 203,000 $ 185,000 834,000 834,000 772,000 806,888 $1,809,000 $1,825,888 Redstone Company Income statement Sales Less operating expenses Net operating income Less interest and taxes: Interest expense Tax expense Net income $2,280,000 1,812,600 467,400 $104,900 177,612 282,512 $ 184,888 The company paid dividends of $150,000 last year. The "Investment in Balsam Company" on the statement of financial position represents an investment in the stock of another company Required: a. Compute the company's margin, turnover, and return on investment for last year. (Round your intermediate calculations and final answers to 2 decimal places.) Margin20.50% Turnover1.94 Return on investment+/-239.77% b. The Board of Directors of Redstone has set a minimum required return of 35%. What was the company's residual income last year? (Round your intermediate calculations and final answers to 2 decimal places.) Residual income+/-1$57,044.60 Explanation: a. Operating assets do not include investments in other companies or in undeveloped land. Cash Accounts receivable Inventory Plant and equipment (net) Total operating assets Beginning Ending Balance Balance $ 336,000 $ 299,888 139,000 149,000 236,000 254,000 452,000 479,000 $1,163,000 $1,181,888 Average operating assets = ($1,163,000 + $1,181,888) 2 = $1,172,444.00 Margin = Net operating income Sales = $467,400 $2,280,000 = 20.50% Turnover = Sales Average operating assets = $2,280,000 $1,172,444.00 = 1.94 ROI = Margin Turnover = 20.50% 1.94 = 39.77% b. Net operating income $467,400.00 Minimum required return 410,355.40 ($1,172,444.00 35%) Residual income $ 57,044.60 1. Award: 0 out of 5.00 points TB MC Qu. 08-72 (Ignore income taxes in this problem.) Henscheid... (Ignore income taxes in this problem.) Henscheid Roofing is considering the purchase of a crane that would cost $152,280, would have a useful life of 6 years, and would have no salvage value. The use of the crane would result in labor savings of $30,000 per year. The internal rate of return on the investment in the crane is closest to: Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. 6% 3% 5%$$$$$$ 8% Factor of the internal rate of return = Investment required Annual net cash inflow = $152,280 $30,000 =5.076 This factor is the present value of an annuity for 6 periods at 5% per period. References 2. Award: 0 out of 5.00 points TB MC Qu. 08-99 (Ignore income taxes in this problem.) Overland Corporation... (Ignore income taxes in this problem.) Overland Corporation has gathered the following data on a proposed investment project: Investment required in equipment Annual cash inflows Salvage value of equipment Life of the investment Required rate of return $ 530,000 $ 74,000 $ 0 20 years 10 % The company uses straight-line depreciation on all equipment. Assume cash flows occur uniformly throughout a year except for the initial investment. The simple rate of return on the investment is: (Round your answer to the nearest interest rate.) 10% 5% 9%$$$$$$$ 14% Annual incremental cash inflows Annual depreciation ($530,000 $0)/20 Annual incremental net operating income $ 74,000 26,500 $ 47,500 Simple rate of return = Annual incremental net operating income Initial investment = $47,500 $530,000 = 9% 3. Award: 0 out of 5.00 points TB MC Qu. 08-115 (Ignore income taxes in this problem.) The management... (Ignore income taxes in this problem.) The management of Mashiah Corporation is considering the purchase of a machine that would cost $550,000, would last for 9 years, and would have no salvage value. The machine would reduce labor and other costs by $114,000 per year. The company requires a minimum pretax return of 7% on all investment projects. Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. The net present value of the proposed project is closest to: $229,577 $582,000 $192,710$$$$$$$ $320,160 Initial investment Now $(550,000) Annual net cash flow Total cash flows (a) Discount factor (7%) (b) Present value of cash flows (a) (b) Net present value $(550,000) 1.000 Year 1-9 $ 114,000 $ 114,000 6.515 $(550,000) $742,710 $ 192,710 4. Award: 0 out of 5.00 points TB MC Qu. 08-117 (Ignore income taxes in this problem.) The Sawyer... (Ignore income taxes in this problem.) The Sawyer Corporation has $120,000 to invest and is considering two different projects, X and Y. The following data are available on the projects: Click here to view Exhibit 8B-1 and Exhibit 8B-2 to determine the appropriate discount factor(s) using tables. Project X Project Y Cost of equipment needed $ 120,000 now Working capital - $120,000 requirement Annual cash operating $ 31,000 $ 26,000 inflows Salvage value in 5 years $ 6,000 - Both projects will have a useful life of 5 years; at the end of 5 years, the working capital will be released for use elsewhere. Sawyer's discount rate is 10%. The net present value of project Y is closest to: $37,946 $53,086$$$$$$ $6,638 ($6,638) Working capital Annual net cash flow Total cash flows (a) Discount factor (10%) (b) Present value of cash flows (a) (b) Net present value 5. Award: 0 out of 5.00 points Now $(120,000) Year 1-5 5 120,000 $26,000 $(120,000) $26,000 $120,000 1.000 3.791 0.621 $(120,000) $98,566 $74,520 $53,086 Show my answer TB Problem 8-169 (Ignore income taxes in this problem.) Hinck Corporation is investigating automating a process... (Ignore income taxes in this problem.) Hinck Corporation is investigating automating a process by purchasing a new machine for $513,000 that would have a 8 year useful life and no salvage value. By automating the process, the company would save $135,000 per year in cash operating costs. The company's current equipment would be sold for scrap now, yielding $20,000. The annual depreciation on the new machine would be $64,125. Required: Determine the simple rate of return on the investment to the nearest tenth of a percent. (Round final answer to one decimal place.) Simple rate of return+/-0.114.4% Explanation: Annual incremental $135,000 cost savings Annual depreciation 64,125 ($513,000 $0)/8 Annual incremental $ 70,875 net operating income Simple rate of return = Annual incremental net operating income Initial investment = $70,875 ($513,000 - $20,000) = $70,875 $493,000 = 14.4%