Question
Help with these questions: Calculate ROI and Residual Income! Sales $18,000,000 Net operating income $5,400,000 Average operating assets $36,000,000 Minimum required rate of return 16%
Help with these questions:
Calculate ROI and Residual Income!
Sales $18,000,000
Net operating income $5,400,000
Average operating assets $36,000,000
Minimum required rate of return 16%
a production budget!
April sales 50,000 units
May sales 75,000 units
June sales 90,000 units
End-of-month inventory must equal 10% of following month's sales.
Calculate production for May.
Calculate Delivery Cycle Time, Throughput Time, and Manufacturing Cycle Efficiency!
Inspection time .5 days
Process time 2.8 days
Wait time 16.0 days
Queue time 4.0 days
Move time .7 days
Calculate DM price and quantity variances!
Direct materials:Standard quantity 4.6 pounds; standard cost $2.50 per pound
20,000 pounds of material purchased at a cost of $2.35 per pound; all material used to produce 4000 units.
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Cornerstones of Managerial Accounting
Authors: Maryanne Mowen, Don Hanson, Dan Heitger, David McConomy, Bradley Witt, Jeffrey Pittman
3rd Canadian edition
176530886, 176721231, 978-0176721237
