Find the cost or activity as per quality costs and activity based method:

1.Maintenance of office buildings

2.Product recalls

3.Consumables which was indirect in nature

4.Wastae disposal

5.Security of the plant

6.Inspection done on finished goods

2.Mango Ltd is on the final stages of take over of Mulberry Ltd. Shareholder's of Mulberry Ltd will likely to receive 0.75 shares of Mango Ltd for each of the share held. On detailed analysis there is no operating synergy or economies of scale in the merger and the merger is on pure competition avoid basis.

Mango Ltd:

Net Sales:837.5 (Millions)

PAT:168 (Millions)

Number of shares: 12,000,000

EPS:14

Market value per share:75

P/E:5.36

Mulberry Ltd:

Net Sales:295 (Millions)

PAT:30 (Millions)

Number of shares: 4,000,000

EPS:7.5

Market value per share:60

P/E: 8

Required:

For the combined company (after merger), Calculate the;

(i)Total Number of Shares,

(ii) EPS,

(iii) P/E ratio

3.Frederick Company has two service departments (Cafeteria Services & Maintenance).Frederick has two production departments (Assembly Department & Packaging Department.)Frederick uses a step allocation method where Cafeteria Services is allocated to all departments and Maintenance Services is allocated to the production departments.

All allocations are based on total employees.Cafeteria Services has costs of $195,000 andMaintenancehas costs of $255,000 before any allocations.

What amount of Maintenance total cost is allocated to the Packaging Department?(round to closest whole dollar) Employees are:

Cafeteria Services3

Maintenance5

AssemblyDepartment8

Packaging Department7

4.On May 21, 2019, Christine worked 6.0 hours on Job A-1, and 3 hours on general "overhead activities."Christine is paid $14 per hour.Overhead is applied based on $20 per direct labor hour.Additionally, on May 21 Job A-1 requisitioned and entered into production $170 of direct material.On May 21, Christine, while working on Job A-1 used $27 of indirect material.Indirect material is included in the overhead application rate.

Use this information to determine thetotal cost that should have been recorded in the Work in Process for Job A-1 on May 21?Round your answer to the closest whole dollar.

5.Forecast the accounts receivable for Company XYZ using the following annual information.

• Receivable days assumption = 55 days
• Payable days assumption = 69 days
• Forecasted revenue = $263,500
• Forecasted cost of goods sold = $114,780

6.A Company produces a product that requires sevenstandardpounds per unit. The standard price is $5 per pound. If 6,300 units used 42,300 pounds, which were purchased at $5.2 per pound,

what is the direct materials (a)price variance, (b)quantity variance, and (c)cost variance? Enter a favorable variance as a negative number using a minus sign and an unfavorable variance as a positive number.

7.

Selected information from an company for the year 2020 accounting records is as follows:

Proceeds from sale of land=$300,000

Proceeds from long-term borrowings=400,000

Purchase of plant assets=280,000

Purchase of inventories=850,000

Proceeds from issuance of common shares=300,000

Based on the above information, the cash provided by investing activities for calendar 2020 is?

8.

\fA company can make any one of the 3 products X, Y or Z in a year it can exercise its option oniy at the beginning of each year Reievant information about the products for the next year is given beiow. Setting Price ( unit) Variabie Costs ( unit) .- Market Demand (unit) 3 000 2 000 2 000 Pioduction Capacity (unit) Fixed Costs 30,000 Required Compute the opportunity costs for each of the products