Managerial accounting | Accounting homework help

 

Question 1

Josh Donaldson is populated by Bringer of Rain Inc. and is straightly concerned in preparing and packaging the MLB functional baseballs. The basic wage rate is $15 per hour and he is compensated span-and-a-half ce any achievement in abundance of 40 hours per week. Attachedly, Bringer of Rain Inc. affords a fringe good-tempered-tempered load that absorbs the crew $5 ce each hour of employee span (recognized or overtime). During a odd week, Donaldson achievemented 49 hours save was usenear ce 3 hours attributable to a embodieds shortage.

Assume that Bringer of Rain Inc. treats aggregate fringe consequence as multiply of manufacturing aloft. Compute Donaldson’s aggregate stippurpose and fringe consequence ce the week and betray how fur of his stippurpose and fringe consequence ce the week would be aggregateocated to straightforward labour and how fur would be aggregateocated to manufacturing aloft.

Question 2

Qualify a schedule of absorb of consequence constrained in good-tempered-tempered cem.

The aftercited absorbs recount to individual month’s principle in Nutcracker Crew:

Instraightforward embodieds

$300

Rent on factory building

500

Defence of equipment

50

Straightforward embodied used

1,200

Utilities on factory

250

Straightforward labour

1,500

Selling expense

500

Functional expense

300

Work-in-process register, inauguration

600

Work-in-process register, purposeing

800

Refined consequence register, inauguration

500

Refined consequence register, purposeing

250

Question 3

Suppose that you possess been consecrated a summer operation as an intern at Electronic Waves, a crew that manufactures manageable two-way radio transceivers ce radio enthusiasts. The privately owned crew has approached a bank ce a mortgage to succor finance its dreadful augmentation. The bank claims financial assertions antecedently approving such a mortgage. You possess been asked to succor qualify the financial assertions and were consecrated the aftercited register of absorbs.

Classify the aftercited registers of absorbs as either effect (inventoriable) absorbs or bound (non-inventoriable) absorbs ce purposes of preparing the financial assertions ce the bank.

Product
Cost

(Inventoriable)

Bound Absorb

Depreciation on salespersons’ cars.

Salaries of personnel who achievement in the refined consequence treasury.

Rent on equipment used in the factory.

Lubricants used ce agent defence.

Soap and tract towels used by factory achievementers at the purpose of a shelve.

Factory supervisors’ salaries.

Heat, impart, and susceptibility squanderd in the factory.

Materials used ce boxing crew effects ce shipment overseas. (Units are referable normally boxed.)

Advertising absorbs.

Workers’ Compensation Insurance ce factory employees.

Depreciation on chairs and tables in the factory lunchroom.

The absorb of packaging the crew’s effect.

The stippurpose of the receptionist in the functional offices.

Absorb of leasing the urbane jet used by the crew’s executives.

The absorb of renting rooms at a British Columbia employment ce the annual sales parley.

Question 4

Last month Mont Tremblant Biking, a mountain sporting consequence retailer, had aggregate sales of $3,200,000, selling expenses of $110,000, and functional expenses of $470,000. The crew had inauguration commodities register of $140,000, purchased attached commodities register ce $2,550,000, and had purposeing commodities register of $180,000.

Qualify an proceeds assertion ce the crew ce the month.

Question 5

The Trump International Public-house & Tower is a five-star public-house located in downtown Toronto. The public-house’s operations evil moderator would love to supply the public-house’s impart computer terminals at the registration desk with captivating state-of-the-art flat-panel displays. The odd displays would conduct near quantity, squander near susceptibility than the pristine computer terminals, and afford attached warranty past they can be viewed singly from a restrictive disposition. The odd computer displays would referable claim any odd wiring. However, the public-house’s chef believes the funds would be reform elapsed on a odd entirety freezer ce the kitchen.

Classify each item as a differential absorb, an convenience absorb, or a faded absorb in the firmness to supply the pristine computer terminals with odd flat-panel displays. If nindividual of the categories allot ce a multiplyicular item, selecteded “None.”

Item

Differential Absorb

Convenience Absorb

Faded Absorb

None

Absorb of the pristine computer terminals

Absorb of solid registration desk wiring

Rent on the quantity biased by the registration desk

Stippurpose of registration desk personnel

Benefits from a odd freezer

Costs of maintaining the pristine computer terminals

Absorb of removing the pristine computer terminals

Absorb of the odd flat-panel displays

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