i need help with this accounting HW questions.There are a total of 5

1. Product Costing in a JIT/Lean Environment Doll Computer manufactures laptop computers under its own brand, but acquires all the components from outside vendors. No computers are assembled until the order is received online from customers, so there is no finished goods inventory. When an order is received, the bill of materials required to fill the order is prepared automatically and sent electronically to the various vendors. All components are received from vendors within three days and the completed order is shipped to the customer immediately when completed, usually on the same day the components are received from vendors. The number of units in process at the end of any day is negligible. The following data are provided for the most recent month of operations: Actual components costs incurred $916,000 Actual conversion costs incurred 195,000 Units in process, beginning of month Units started in process during the month Units in process, end of month -03,000 -0- (a) Assuming Doll uses traditional cost accounting procedures: 1. How much cost was charged to WorkinProcess during the month? Answer 0 2. How much cost was charged to cost of goods sold during the month? Answer 0 (b) Assuming Doll is a lean production company and uses backflush costing method: 1. How much cost was charged to Work-in-Process during the month? Answer 0 2. How much cost was charged to cost of goods sold during the month? Answer 0 2. Interdepartment Services: Step Method O'Brian's Department Stores allocates the costs of the Personnel and Payroll departments to three retail sales departments, Housewares, Clothing, and Furniture. In addition to providing services to the operating departments, Personnel and Payroll provide services to each other. O'Brian's allocates Personnel Department costs on the basis of the number of employees and Payroll Department costs on the basis of gross payroll. Cost and allocation information for June is as follows: Personnel Payroll Housewares Clothing Furniture Direct department cost $7,300 $3,400 $11,800 $20,000 $15,650 Number of employees 4 2 7 15 5 $6,200 $2,800 $11,300 $17,600 $7,700 Gross payroll (a) Determine the percentage of total Personnel Department services that was provided to the Payroll Department. (Round your answer to one decimal place.) Answer 0 % (b) Determine the percentage of total Payroll Department services that was provided to the Personnel Department. (Round your answer to one decimal place.) Answer 0 % (c) Prepare a schedule showing Personnel Department and Payroll Department cost allocations to the operating departments, assuming O'Brian's uses the step method. Do not round until your final answers. Round answers to the nearest dollar. Service Departments Payroll Total costs Check Producing Departments Personnel $Answer $Answer 0 Housewares $Answer 0 0 Clothing $Answer 0 Furniture $Answer 0 3. Inventory Management Metrics Large retailers like The Home Depot and WalMart typically use gross margin ratio (gross margin sales), inventory turnover (sometimes referred to as inventory turns), and gross margin return on investment (GMROI) to evaluate how well inventory has been managed. The goal is to maximize profits while minimizing the investment in inventory. Below are data for four scenarios, a base scenario (# 1) followed by three modifications (#s 2, 3, & 4) to the base scenario. Scenario A Scenario B Scenario C Scenario D Sales Cost of goods sold Gross profit Average inventory $ 10,000 $ 20,000 $ 12,000 $ 10,000 6,000 12,000 6,000 6,000 $ 4,000 $ 8,000 $ 6,000 $ 4,000 $ 6,000 $ 6,000 $ 6,000 $ 5,000 For each scenario calculate the gross margin percent, the inventory turnover, and GMROI. Round your answers to one decimal place. (Example for % answers 99.9%) Scenario 1 Gross Margin % Inventory Turnover GMROI Check Answer 0 Scenario 2 % Answer Answer 0 Scenario 3 % Answer 0 Answer 0 Answer 0 0 % Answer 0 0 % % Answer Answer 0 % Answer Scenario 4 Answer 0 0 % Answer 0 % 4. Interdepartment Services: Direct Method Tucson Manufacturing Company has five operating departments, two of which are producing departments (P1 and P2) and three of which are service departments (S1, S2, and S3). All costs of the service departments are allocated to the producing departments. The following table shows the distribution of services from the service departments. Services provided to Services provided from S1 S1 S2 S3 P1 P2 -- 5% 25% 50% 20% S2 10% -- 5 45 40 S3 15 5 -- 20 60 The direct operating costs of the service departments are as follows: S 1 $63,000 S 2 170,000 S 3 16,000 Using the direct method, prepare a schedule allocating the service department costs to the producing departments. Do not round while completing your calculations. Service Departments Producing Departments S1 Total costs S2 S3 $Answer $Answer $Answer 0 0 P1 0 P2 $Answer $Answer 0 0 5. Inventory Ratio Calculations McMahan, LTD. provided the following data for 2008 and 2009: Inventory December 31, 2007 $178,000 December 31, 2008 185,000 December 31, 2009 193,000 Cost of goods sold 2008 $544,000 2009 592,000 Gross margin 2008 $257,000 2009 286,000 Do not round until your final answers. Round all calculations to two decimal places. (a) Calculate the inventory turnover ratio for 2008 and 2009. 2008 Answer times 0 2009Answer times 0 (b) Calculate the gross margin return on inventory investment for 2008 and 2009. 2008 Answer 0 2009 Answer 0