Please need help on this one!
Jere are no significant inventories of supplies materials. CTB's Phone Division had sales totaling $1,170,000 for March. a. Formula one, Direct labor cost formula: Y=$ Intercept (rounded to nearest dollar): Slope (Coefficient 1 , rounded to the nearest cent): R Square (rounded to two decimal places): b. Formula for material handling cost (based on number of moves): Y=$+$x Intercept (rounded to nearest dollar): Slope (Coefficient 1 , rounded to the nearest cent): channels and two movie channels; and a premium package, which is the basic package plus 55 adational channels and six movle channels. The Cable Service Division reported the following activity for the month of March: Hanch. the Phone Oivision reporteo the foliowing resula: Materials, March 1 Materials, March 31 Work in process, March 1 Work in process, March 31 Finished goods, March 1 Finished goods, March 31 Costs: Direct labor Plant and equipment depreciation Materials handling Inspections Scheduling Power Plant supervision Manufacturing engineering Sales commissions Salary, sales supervisor Supplies $23,000 40,000 130,000 45,000 480,000 375,000 $117,000 50,000 85,000 60,000 30,000 30,000 12,000 21,000 120,000 10,000 17,000 2. Prepare an income statement for the Cable Service Division for March. The product cost for the includes all production, marketing, and customer service costs. There quay be, and wery likely is, very little Resd function in the cable service Oivision. Thus, this unit cost could be used for other managerial objectives, wech as product mix dedisions and strategic and tactical profiability analysis, The cost indudes oply production costs; complyino with external finandal reporting guidelines is the primary managerial objective of this method. b. Allocation relies on: c. Direct trading relies on: exclusive phrsically ohservable causal rehationshigs te assign cests. v d. Orher trading relies on: - Based on how costs are assigned, do you think that the Cable Service Oivivion is using a functional based or an activey -based costing sritem? Jere are no significant inventories of supplies materials. CTB's Phone Division had sales totaling $1,170,000 for March. a. Formula one, Direct labor cost formula: Y=$ Intercept (rounded to nearest dollar): Slope (Coefficient 1 , rounded to the nearest cent): R Square (rounded to two decimal places): b. Formula for material handling cost (based on number of moves): Y=$+$x Intercept (rounded to nearest dollar): Slope (Coefficient 1 , rounded to the nearest cent): channels and two movie channels; and a premium package, which is the basic package plus 55 adational channels and six movle channels. The Cable Service Division reported the following activity for the month of March: Hanch. the Phone Oivision reporteo the foliowing resula: Materials, March 1 Materials, March 31 Work in process, March 1 Work in process, March 31 Finished goods, March 1 Finished goods, March 31 Costs: Direct labor Plant and equipment depreciation Materials handling Inspections Scheduling Power Plant supervision Manufacturing engineering Sales commissions Salary, sales supervisor Supplies $23,000 40,000 130,000 45,000 480,000 375,000 $117,000 50,000 85,000 60,000 30,000 30,000 12,000 21,000 120,000 10,000 17,000 2. Prepare an income statement for the Cable Service Division for March. The product cost for the includes all production, marketing, and customer service costs. There quay be, and wery likely is, very little Resd function in the cable service Oivision. Thus, this unit cost could be used for other managerial objectives, wech as product mix dedisions and strategic and tactical profiability analysis, The cost indudes oply production costs; complyino with external finandal reporting guidelines is the primary managerial objective of this method. b. Allocation relies on: c. Direct trading relies on: exclusive phrsically ohservable causal rehationshigs te assign cests. v d. Orher trading relies on: - Based on how costs are assigned, do you think that the Cable Service Oivivion is using a functional based or an activey -based costing sritem
