Entries by mary WAMBUGU

Bowie sporting goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows:

August 23, 2019 in /by

Question Bowie sporting goods manufactures sleeping bags. The manufacturing standards per sleeping bag, based on 5,000 sleeping bags per month, are as follows: Direct material of 4.50 yards at $5.75 per yard Direct labor of 2.00 hours at $19.00 per hour Overhead applied per sleeping bad at $18.00 In the month of April, the company […]

 

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Selected financial information for the Adelphi Company for the fiscal years ended December 31, 2018 and 2017 follows. How would a cash flow statement be prepared using the indirect method? Properly title the statement.

August 23, 2019 in /by

Question Question:Selected financial information for the Adelphi Company for the fiscal years ended December 31, 2018 and 2017 follows. How would a cash flow statement be prepared using the indirect method? Properly title the statement. 2018 2017 Net income $142,500 $162,000 Depreciation Expense 42,000 35,000 Purchase of Plant Assets 135,000 125,000 Disposal of Plant Assets 40,000 50,000 Gain […]

 

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two production departments (Assembly Department & Packaging Department.) Frederick uses a step allocation method where Cafeteria Services is allocated to all departments and Maintenance Services is allocated to the production departments.

August 23, 2019 in /by

Question two production departments (Assembly Department & Packaging Department.) Frederick uses a step allocation method where Cafeteria Services is allocated to all departments and Maintenance Services is allocated to the production departments. All allocations are based on total employees. Cafeteria Services has costs of $225,000 and Maintenance has costs of $205,000 before any allocations. What amount of Maintenance total cost is […]

 

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At the Todd Company, the cost of the personnel department has always been charged to production departments based upon number of employees.

August 23, 2019 in /by

Question 1) At the Todd Company, the cost of the personnel department has always been charged to production departments based upon number of employees. Recently, opinions gathered from the department managers indicate that the number of new hires might be a better predictor of personnel costs.                        Total personnel department costs are $520,000.                  Department                             A        B        C Number of […]

 

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