I need you to answer these questions listed on the document. It is for my Accounting for decision making class. Thanks

BE16.9 Page 742 Brief Exercises Star Repairs Co. does all the repair work for a medium-sized manufacturer of handheld computer games. The games are sent directly to Star, and after the games are repaired, Star bills the game manufacturer for cost plus a 20 percent markup. In the month of February, purchases of parts (replacement parts) by Star amounted to $97,000, the beginning inventory of parts was $38,500, and the ending inventory of parts was $15,250. Payments to repair technicians during the month of February totaled $52,500. Overhead incurred was $121,000. a. What was the cost of materials used for repair work during the month of February? b. What was the prime cost for February? c. What was the conversion cost for February? d. What was the total repair cost for February? E16.1 Exercises Work in Process Inventory Cost of finished goods manufactured Conversion costs Cost of Goods Sold Period costs Management accounting Product costs Manufacturing overhead Each of the following statements may (or may not) describe one of these technical terms. For each statement, indicate the accounting term described, or answer \"None\" if the statement does not correctly describe any of the terms. a. The preparation and use of accounting information designed to assist managers in planning and controlling the operations of a business. b. All manufacturing costs other than direct materials used and direct labor. c. Direct materials and direct labor used in manufacturing a product. d. A manufacturing cost that can be traced conveniently and directly to manufactured units of product. e. The account debited at the time that the Manufacturing Overhead account is credited. f. The amount transferred from the Work in Process Inventory account to the Finished Goods Inventory account. g. Costs that are debited directly to expense accounts when the costs are incurred. E16.2 Into which of the three elements of manufacturing cost would each of the following be classified? a. Tubing used in manufacturing bicycles. b. Wages paid by an automobile manufacturer to employees who test-drive completed automobiles. c. Property taxes on machinery. d. Gold bullion used by a jewelry manufacturer. e. Wages of assembly-line workers who package frozen food. f. Salary of plant superintendent. g. Electricity used in factory operations. h. Salary of a nurse in a factory first-aid station. E16.3 Indicate whether each of the following should be considered a product cost or a period cost. If you identify the item as a product cost, also indicate whether it is a direct or an indirect cost. For example, the answer to item 0 is \"indirect product cost.\" Begin with item a. 0. Property taxes on factory building. a. Cost of disposal of hazardous waste materials to a chemical plant. b. Amounts paid by a mobile home manufacturer to a subcontractor who installs plumbing in each mobile home. c. Depreciation on sales showroom fixtures. d. Salaries of security guards in an administrative office building. e. Salaries of factory security guards. f. Salaries of office workers in the credit department. g. Depreciation on the raw materials warehouse. h. Income taxes on a profitable manufacturing company. E16.6 The Ryde and Rowe Inc. had the following account balances as of January 1: Direct Materials Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 89,200 Work in Process Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 178,400 Finished Goods Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 253,600 Manufacturing Overhead . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . -0- During the month of January, all of the following occurred: 1. Direct labor costs were $442,000 for 18,000 hours worked. 2. Direct materials costing $335,750 and indirect materials costing $13,500 were purchased. 3. Sales commissions of $216,500 were earned by the sales force. 4. $326,000 worth of direct materials were used in production. 5. Advertising costs of $36,300 were incurred. 6. Factory supervisors earned salaries of $22,000. 7. Indirect labor costs for the month were $23,000. 8. Monthly depreciation on factory equipment was $24,500. 9. Utilities expense of $17,800 was incurred in the factory. 10. Equipment with manufacturing costs of $970,100 were transferred to finished goods. 11. Monthly insurance costs for the factory were $4,200. 12. $5,000 in property taxes on the factory were incurred and paid. 13. Equipment with manufacturing costs of $1,089,000 were sold for $1,550,000. Instructions a. If Ryde and Rowe assigns manufacturing overhead of $84,400, what will be the balances in the Direct Materials, Work in Process, and Finished Goods Inventory accounts at the end of January? b. b. As of January 31, what will be the balance in the Manufacturing Overhead account? c. c. What was Ryde and Rowe's operating income for January? E17.15 Identify whether each of the following costs of Granite Construction, Inc. , would be classified as direct labor, direct materials, manufacturing overhead, or as selling, general, and administrative costs. a. Hourly wages paid to backhoe operators. b. Crankcase oil used in construction machinery. c. PVC pipes used in a municipal sewer construction project. d. Depreciation of bulldozers and other construction equipment. e. Advertising costs. f. Steel beams used in the construction of an office building. g. Salaries paid to foremen responsible for supervising multiple construction projects. h. Legal costs. i. Gasoline used in trucks that haul construction equipment to various job sites. j. Hourly wages paid to masons and carpenters. k. Costs for accounting and tax services. l. The CEO's salary. m. Rivets, screws, nuts, and bolts. E18.10 Accessory World makes floor mats for the automobile industry. Finished sets of mats must pass through two departments: Cutting and Coating. Large sheets of synthetic material are cut to size in the Cutting Department and then transferred to the Coating Department, where each set is sprayed with a chemical coating for improved durability. The following information pertains to May activity in the Cutting Department: Cost data: Total cost of beginning inventory on May 1 . . . . . . . . . . . . . . . . . . . . . . . . . $ 44,800 Direct materials costs incurred in May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 200,000 Conversion costs incurred in May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 87,200 Physical units data: Units in process, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 8,000 sets Units started in May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50,000 sets Units in process, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10,000 sets Percentage of completion data: Direct materials, May 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100% Conversion, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Direct materials, May 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100% Conversion, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 a. Prepare a schedule showing: (1) the number of mat sets transferred from the Cutting Department to the Coating Department in May, and (2) the number of mat sets started and completed by the Cutting Department in May. b. Compute the equivalent units of input resources for the Cutting Department in May. c. Compute the cost per equivalent unit of input resource for the Cutting Department in May. d. Prepare the summary journal entry required to transfer the cost of completed mat sets from the Cutting Department to the Coating Department in May. e. Compute the total cost assigned to the Cutting Department's ending inventory on May 31. E18.11 Exercise 18.11 is an extension of Exercise 18.10. EXERCISE 18.11 The following information pertains to May activity in Accessory World's Coating Department: Cost data: Total cost of beginning inventory on May 1 . . . . . . . . . . . . . . . . . . . . . . . . . $45,300 Direct materials costs incurred in May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11,925 Conversion costs incurred in May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 84,525 Cut sets transferred in during May. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? Physical units data: Units in process, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6,000 sets Units started in May . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? sets Units in process, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9,000 sets Percentage of completion data: Direct materials, May 1. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60% Conversion, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 80 Cut sets transferred in, May 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? Direct materials, May 31. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70% Conversion, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 90 Cut sets transferred in, May 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ? a. Compute how many cut mat sets were started in the Coating Department during May. b. Prepare a schedule showing: (1) the number of mat sets transferred out of the Coating Department in May, and (2) the number of mat sets started and completed by the Coating Department in May. c. Compute the equivalent units of input resources for the Coating Department in May. d. Compute the cost per equivalent unit of input resource for the Coating Department in May. e. Prepare the summary journal entry required to transfer the cost of finished mat sets from the Coating Department's Work in Process Inventory to the company's Finished Goods Inventory in May. f. Compute the total cost assigned to the Coating Department's ending inventory in process on May 31. E19.2 Assume you have just been hired as the management accountant in charge of providing your firm's managers with product cost information. Identify the activities you might undertake for the following four value chain components: a. Research and development b. Production c. Marketing d. Customer service P19.1A Castner Corporation is considering implementation of a JIT inventory system. The company's industrial engineer recently conducted a study to determine the average number of days spent in each activity of the production process. The following table summarizes her findings: Production Activity Number of Days Inspecting materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Storing materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 Moving materials into production . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Setting up production equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 Cutting materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 6 Bending materials . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Assembling finished products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Painting finished products . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 Instructions a. Identify Castner's value-added production activities. b. Identify Castner's non-value-added production activities. c. Calculate Castner's total cycle time. d. Determine Castner's manufacturing efficiency ratio. e. Which of the above activities might be reduced or eliminated if Castner implemented a JIT system? f. What ethical issues might be related to eliminating some of the non-value-added activities