Preview

Assignment Dept Accts

Satisfactory Essays
Open Document
Open Document
657 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Assignment Dept Accts
ASSIGNMENT

Accounting Manager Decision Making

Submitted by: Ashish Lakhani
Submitted to: Tariq Shameem

Case 5-35 | (a) | Stage 1: Allocation of S1 and S2 costs to production departments | | | | Department P1 | Department P2 | | | Directly traceable | $480,000 | $780,000 | | | S1 | 1,176,000 × = 420,000 | 1,176,000 × = 756,000 | | | | | | | | S2 | 1,120,000 × = 280,000 | 1,120,000 × = 840,000 | | | | | | | | Total support | $1,180,000 | $2,376,000 | | | | | | | | Direct Labour Hours (DLH) | 80, 000 | 120,000 | | | | | | | | Cost driver rate | $14.75 per DLH | $19.80 per DLH | | | | | |

| | Stage 2: Allocation of P1 and P2 costs to products | | | | Product R361 | Product R572 | | | P1 | | | | | | | | | | P2 | | | | | | | | | | | | |

Product costing

| | | Product R361 | Product R572 | | | Direct materials | | | | | | | | | | Direct labor: P1 | | | | | | | | | | Direct labor: P2 | | | | | | | | | | Support | | | | | | | | | | Total cost | | | | | | | | | | Total units | 500,000 | 400,000 | | | | | | | | Unit cost | $17.0132 | $16.0235 | | | | | | | | Sales price | | | | | | | | | | Gross margin | $1.9868 | $3.9765 | | | | | | | | Gross margin in percentage | 10.4600% | 19.88% | | | | | |

(b) Let x denote the number of hours required for each R361 setup. Then the number of hours required for each R572 setup = 1.5x.

| | | R361 | R572 | | | | | | | | Number of setups | 2,000 | 4,000 | | | | | | | | Setup hours | 2,000x | 6,000x = 4,000 1.5x | | | | | | | | | (25%) | (75%) | | | | | |

| | | Number of transactions | | | | Activity Cost Drivers | Traceable Costs | Total | R361 | R572 | Activity Cost Driver Rate | | | P1-DLH |

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Individual Assignment02

    • 988 Words
    • 5 Pages

    Jim Byer received the final set of union proposals in the mail this morning from Ralph Goodall and Ralph requested a meeting to start negotiations next week. The union proposals were as follows:…

    • 988 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Berrys Bug Blaster

    • 261 Words
    • 2 Pages

    Income Statement 1/1/2008 - 12/31/2008 | Revenue | | | $3,249,580.53 | | Direct Expenses | | | | Salaries & Wages | $487,437.08 | | | Vehicle Maintenance | $64,991.61 | | | Fuel | $20,449.80 | | |…

    • 261 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    I managed to establish contact with her September 7th at which time she request a two week extension to complete a more detailed list of events.…

    • 69 Words
    • 1 Page
    Satisfactory Essays
  • Satisfactory Essays

    Acc222 Unit 2 Assignment

    • 539 Words
    • 3 Pages

    In view of the large number of entities lodging special purpose financial statements with ASIC, the AASB are of the view that the reporting entity concept in SAC 1 Definition of the Reporting Entity has not been applied correctly. The future At their April 2013 meeting, the AASB discussed the future role of the reporting entity concept. There was general agreement that: They (AASB) would use the reporting entity concept as a basis for their own deliberations in setting general purpose financial reporting requirements Other regulators could use the reporting entity concept to identify entities that should be required to prepare and lodge general purpose financial statements They would change their application focus of Australian Accounting Standards from the reporting entity concept to that of general purpose financial statements. There was also general agreement amongst the board members that: The AASB’s mandate is to set accounting standards for preparing general purpose financial statements under Tier 1 or Tier 2, and Setting requirements for special purpose financial statements is a matter to be agreed between…

    • 539 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Consider your academic strength and whether you can translate that to extra cash by tutoring. If you tutor other students or kids at the high school, you can make a lot of money. Advertise your services on a bulletin board in the student center or in your dormitory. The Internet is a good resource as well.…

    • 413 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    Administrative Agency - 1

    • 368 Words
    • 2 Pages

    Pick an administrative agency in the USA of either the federal or a state government. Find where the current and proposed regulation changes for that agency are located on the Internet. (i.e., the Federal Register or the State Administrative Agency website.) Regulations.gov is a good place to begin your research. Pick one proposed regulation change currently under consideration (if you find one that has already closed out but interests you, you can use that instead) and write the following regarding it:…

    • 368 Words
    • 2 Pages
    Good Essays
  • Good Essays

    State the administrative agency which controls the regulation. Explain why this agency and your proposed regulation interests you (briefly). Will this proposed regulation affect you or the business in which you are working? If so, how? (10 points)…

    • 668 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The task of implementing a protection scheme that will provide controlled access to specific files in a system is not only an important but also a necessary task to ensure that the integrity as well as the availability of that file is maintained throughout. This paper is designed to put into perspective a protection scheme to facilitate the scenario where a system has 5000 user and 4990 of those users will need to have access to a particular file within the system. It will also provide clarity on Access control list (ACL’s) their roles as well as the different flavors available. It will also try to prove that proper implementation and utilizations of groups within a security scheme provides not only organization and structure but also control over massive amounts of users in a central location. It will also show that alternate file protection scheme AFS ACL Permissions if implemented correctly can outweigh the traditional permission settings provided by UNIX.…

    • 732 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The foundation curriculum is for children aged 3-5 years & therefore forms the children’s first year at school (reception). EYFS sets out a standard framework from birth to the end of reception. Year 1 will continue with the principles of EYFS until the end of the autumn term. There are carious forms…

    • 9480 Words
    • 38 Pages
    Good Essays
  • Satisfactory Essays

    Solution: Sue can paint of the garage in 1 hour. Joe can paint of the garage in one hour. We don’t know how long it will take them working together, so we let x = the number of hours it takes them to paint the kitchen working together. Below is a table that relates the data from our problem. We are using the concept that (rate)(time) = fraction of the task done.…

    • 338 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    To attend graduate school at New Mexico Highlands University I need this assistantship assignment. I need it because I am a single mother to a five-year-old. My family is unable to assist me with the financial requirements for my education and to attend I will moving over a thousand miles from home. If provided with this assistantship I will be able to concentrate more on my education while also having the finances necessary for my education. I hope to attend New Mexico Highlands University and without this assistantship it will be much harder if not impossible to attend.…

    • 98 Words
    • 1 Page
    Satisfactory Essays
  • Powerful Essays

    Social and emotional development in children is a vital part of growing up becoming increasingly aware of their identity, their feeling and recognising how to appropriately control those feelings, relationships with others and also understanding their place within social environments are all very important in shaping a child into who they are and the adult they will grow into. This is split into five aspects of learning as follows.…

    • 1875 Words
    • 8 Pages
    Powerful Essays
  • Satisfactory Essays

    Unit 13 Assignments

    • 1047 Words
    • 5 Pages

    |Level 3 |Internal Moderation Before Issue Date: 20-12-10 | | |Sample IV Date: | |Student:…………………………………… |Issue Date: 10-01-11 | | |Deadline Date: 21-03-11 | |Assignment: Recruitment and Selection in Business | | | |Date Draft 1 received: | |Assessor:: MARCIA HAMILTON |Marked: | | |Date Draft 2 received: | | |Marked: | | |Date Final Submission Received & Marked: | | | | | | | | |Unit: 13 |Title: Recruitment and |Unit Code: A/502/5434 | | |Selection in Business |…

    • 1047 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    assignment form

    • 515 Words
    • 2 Pages

    Think about a misunderstanding you have experienced with another person at work, school, or in a health care environment. Write your answers in paragraph form.…

    • 515 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    Teachers Assistant unit 4

    • 1757 Words
    • 5 Pages

    When working with children and young people schools will require you to evaluate how each individual responds while they are in your charge. You may find that different teaching styles work better than others and that some prefer a softer approach whereas others may enjoy difficult challenges. Teachers often find that you may be able to spend more time with an individual and your feedback can be a useful source of information, for this reason it is often helpful if you keep a written track of each child or groups progress and how they reacted in each session.…

    • 1757 Words
    • 5 Pages
    Powerful Essays

Related Topics