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Make sure you answer all question. Do not attempt if not sure. No images and copy pasting. I want a clear formatted answer for all the questions.
Question 1.1 (TCQ 2) Which cost is NOT a period cost? (Points : 5) Question 2.2 (TCO 2) Which product would use job-order costing? (Points : 5) Question 3.3. (TCO 3) As production occurs. materials, direct labor, and applied manufacturing overhead are recorded in (Points : 3) Question 4.4. (TCO 5) A company keeps 60 days of materials inventory on hand to avoid shutdowns due to materials shortages. Carrying costs average $5,000 per day. A competitor keeps 30 days of inventory on hand. and the competitor's carrying costs average $2,000 per day. The value-added costs are ( Points : 5) Question 5.5. (TCO 8) Which is a value-added activity? (Points : 5) Question 6.6. (TCO 1) The break-even point is (Points : 5) Question 7.7. (TCO I) The Kringel Company provides the following information. Sales (200,000 units) $500,000 Manufacturing costs Variable $170,000 Fixed $30,000 Selling and administrative costs Variable $80,000 Fixed $20_000 Which is the break even point in units for Kninget? (Points : 5) Question 8.8. (TCO 7) Which would be the most appropriate base for allocating the costs of the maintenance department? (Points : 5) Question ".2. (TCO 7) Yo Department Store incurred $8,900 of indirect advertising costs for its operations. The following data have been collected for 2013 for its three departments. .......How much of the indirect advertising costs will be allocated to the Cosmetics Department if newspaper ad space is the activity driver.( Points : $) Question 10.10. (TCO 5) Which best describes zero-base budgeting? (Points : $) Question II.II. (TCO 5) Bug Company manufactures buppies. Manufacturing a buggy takes 20 units of wood and I unit of steel. Scheduled production of buggies for the next 2 months is $00 and 600 units, respectively. Beginning inventory is 4,000 units of wood and 30 units of steel. The ending inventory of wood is planned to decrease 500 units in each of the next 2 months, and the steel inventory is expected to increase 5 units in each of the next 2 months. How many units of wood are expected to be used in production during the second month? ( Points : 5)Question 12.12. (TCO 4) Which statement is true? ( Points : 5) Question 13.13. (TCO 6) Using more highly skilled direct laborers might affect which variance? (Points : 5) Question 14.14. (TCO 6) Which equation measures the total budget variance?' (Points : Shaw(TOO 1) George Corporation has an estimated monthly sales of 12 000 units for $80 per unit. Variable costs include manufacturing costs of $50 and distribution costs of $20. Fixed costs are $60,000 per month, Required: Determine each of the following values, a, Unit contribution margin b. Monthly break even unit sales volume Create a contribution margin-based income statement ( Points : 30) Page 1 Question 1.I. (TCO 1) George Corporation has an estimated monthly sales of 12.000 units for $30 per unit. Variable costs include manufacturing costs of $50 and distribution costs of $20. Fixed costs are $60,000 per month...... Required: Determine each of the following values. a. Unit contribution margin b. Monthly break-even unit sales volume Create a contribution margin- based income statement. (Points : 30) Question 2.2. (TCO 7) Darling Manufacturing Inc, manufactures two products, A and B, from a joint process A single production costs $5,000 and results in 200 units of A and 800 units of B. To be ready for sale, both products must be processed further, incurring seperable costs of $3 per unit for A and $4 per unit for B. The market price for Product A is $15 and for Product I is $10....Required: Allocate joint production costs to cach product using the net realizable value method. ( Points : 30) Question 3.3. (TCO .) Samin Ine manufactures Boys based on the following information..........Required: Compute the following variances (show calculations). a. Materials usage variance b Labor mice variance -e. Fived overhead budget variance [ Points : 30) Question 4.4. (TCO 4) Toshi Company incurred the following costs in manufacturing desk.... ..During the period, the company produced and sold 1,000 units. a. What is the inventory cost per unit using absorption costing? b. What is the inventory cost per unit using variable costing? [ Points : 30j Question 5.5. (TCO 8) Musical Instruments Company' manufactures two products (trumpets and trombones). Overhead costs ($175,000) have been divided into three cost pools chat use the following activity drivers. ... . Required (show all calculations) a. What is the allocation rate for trumpets per setup using activity-based costing? b. What is the allocation rate for trumpets per machine hours using activity-based costing? <. what is the allocation rate for trumpets por packing order using activity-based costing question baxter corporation has following budgeted and actual results...... required: prepare a performance report all costs showing flexible budget variances uj1.on march xyz construction enters into contract with lusaka city council to construct township roads at price of k1 .the attracts bonus k100 if building completed by july reduced k20 each week that completion delayed. commonly includes these bonuses in its road contracts based on experience estimates outcomes: probability august explain how revenue under this will be recognized show journal entry b assuming accountant had included total k as part are there any adjustments should made so entry.2. africonnect whose year-end december provide equipment installation services well maintenance. customers can purchase product or service separately bundled package. mwaka one purchased computer maintenance cost k28 november estimated standalone fair values k18 k12 k6 respectively. covers period year from date purchase. entry. us made. entry3 per stores sells an unconditional sales return they not satisfied. customer purchases k2 products prior pel sold condition returned. returns extends days. peps march. january fun furniture units taj pamodzi which planning expand hotel rooms. agreement asks retain shop until new rooms ready use. pays goods full removes them display. normally charges storage fee k500 month. delivered september entry5. toyota zambia car cbu k200 agrees repurchase june k212 imputed interest assumed.>Step by Step Solution
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