You will also want to have your time value of money tables available for some of the Chapter 11 questions

For Chapter 10 (Relevant Costing - Sales Mix) Questions: Sales Price/unit Direct Material/unit Direct Labor/unit Variable OH/unit Product Q 15.00 5.50 4.20 3.30 Product R 18.00 6.70 5.50 4.00 MH/unit 2.00 1.00 For Chapter 10 (Relevant Costing - Make vs. Buy) Questions: Historical Costs DM DL OH selling expense admin expense total expense unit 6.70 7.30 8.40 3.00 2.60 28.00 Q 30,000 201,000 219,000 252,000 90,000 78,000 840,000 Assume OH is 75% variable and 25% fixed Assume Selling Expense is 2/3 variable and 1/3 fixed Assume Admin Expense if 50% variable and 50% fixed For Chapter 11 (Capital Budgeting) Questions: Assume initial investment is $98,000 for all three projects: Project X Project Z Project Y Cash Flows Year Cash Flows Cash Flows 1 35,000 30,000 15,000 25,000 2 40,000 35,000 3 20,000 20,000 30,000 35,000 4 15,000 10,000 20,000 20,000 5 20,000 Also assume that cost of capital is 9.0% for all three projects