Entries by Munene david

Annapolis Company has two service departments (Computer Operations & Maintenance Services

May 6, 2020 in /by

Annapolis Company has two service departments (Computer Operations & Maintenance Services). Annapolis has two production departments (Mixing Department & Packaging Department.) Annapolis uses a direct allocation method where service departments are allocated only to production departments. All allocations are based on total employees. Computer Operations has costs of $120,000 and Maintenance Services has costs of $170,000 before any allocations. What amount of […]

 

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Annapolis Company has two service departments

May 6, 2020 in /by

Annapolis Company has two service departments (Computer Operations & Maintenance Services). Annapolis has two production departments (Mixing Department & Packaging Department.) Annapolis uses a step allocation method where the Computer Operations Department is allocated to all departments and Maintenance Services is allocated to the production departments.  All allocations are based on total employees. Computer Operations has costs of $165,000 […]

 

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Adelphi Company provides the following information for their first year of operations in 2018:

May 6, 2020 in /by

Adelphi Company provides the following information for their first year of operations in 2018:             Sales, 10,000 units @ $17 each             Total production, 13,000 units      Production costs per unit:          Direct materials            $3.00                      Direct labor                   $4.00                      Variable overhead        $2.00             Fixed manufacturing overhead      $9,000 Adelphi Company uses absorption costing. Use this information to determine for Adelphi Company the FY 2018 Cost of […]

 

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The following totals are used to create CVP Income Statement for Frederick Company for FY2018:

May 6, 2020 in /by

The following totals are used to create CVP Income Statement for Frederick Company for FY2018: Frederick Company Selected Financial Figures For the Year Ended 12/31/18 Sales (100 units)   $10,000 Variable Costs:          Direct Labor $1,700        Direct Materials 1,250        Factory Overhead (variable) 2,000        Selling Expenses (variable) 600        Administrative Expenses (variable) […]

 

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