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Vice President of Finance’s office expenses 1. For each cost pool listed select an appropriate allocation base from the list below. An allocation base may be used only once. Assume a manufacturing company. Allocation bases for which the information system can provide data: 1. Number of employees per department 2. Employee wages and salaries per department 3. Production facility square footage 4. Hours of operation of ...

Other / Other 07 Apr 2016

Determine the total sales-volume variance 1. Harry's Electronics manufactures TVs and VCRs. During February, the following activities occurred: TVs VCRs Budgeted units sold 17,640 66,360 Budgeted contribution margin per unit $90 $156 Actual units sold 20,000 80,000 Actual contribution margin per unit $100 $158 Required: Compute the following variances in terms of the contribution margin. a. Determine the total ...

Other / Other 07 Apr 2016

Why would a manager want to calculate the sale-mix and the sales-quantity 1. List at least three different levels of costs in a customer-cost hierarchy and an example of each. 2. Why would a manager perform customer-profitability analysis? 3. Why would a manager want to calculate the sale-mix and the sales-quantity variances? Market-share and market-size variances? Business Management Assignment Help, Business Management Hom ...

Other / Other 07 Apr 2016

What is the market-size variance THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. Zorro Company manufactures remote control devices for garage doors. The following information was collected during June: Actual market size (units) 10,000 Actual market share 32% Actual average selling price $10.00 Budgeted market size (units) 11,000 Budgeted market share 30% Budgeted average selling price $11.00 Budgeted co ...

Other / Other 07 Apr 2016

What is the budgeted contribution margin THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. Edna’s Flowering Plants provides the following information for the month of May: Actual Budget Fuchsia Dogwood Fuchsia Dogwood Sales in units 10,000 2,500 8,000 2,000 Contribution margin per unit $9 $7 $10 $8 1. What is the budgeted contribution margin per composite unit for the actual mix? a. $8.00 b. $8.60 c. $ ...

Other / Other 07 Apr 2016

Calculate the contribution margin for the flexible budget 1. Aromatic Coffee, Inc., sells two types of coffee, Colombian and Blue Mountain. The monthly budget for U.S. coffee sales is based on a combination of last year's performance, a forecast of industry sales, and the company's expected share of the U.S. market. The following information is provided for March: Actual Budget Colombian Blue Mountain Colombian Blue Mountain S ...

Other / Other 07 Apr 2016

Which of the value-chain function costs 1. A company might choose to allocate corporate costs to various divisions within the company for what four purposes? Give an example of each. 2. An electronics manufacturer is trying to encourage its engineers to design simpler products so that overall costs are reduced. Required: Which of the value-chain function costs (R&D, design, production, marketing, distribution, customer service ...

Other / Other 07 Apr 2016

What is the budgeted contribution margin per composite unit THE FOLLOWING INFORMATION APPLIES TO QUESTIONS 1 THROUGH 3. Edna’s Flowering Plants provides the following information for the month of May: Actual Budget Tulips Geraniums Tulips Geraniums Sales in units 1,950 1,800 2,250 1,500 Contribution margin per unit $11 $18 $10 $20 1. What is the budgeted contribution margin per composite unit for the actual mix? a. ...

Other / Other 07 Apr 2016

Customer actions will LEAST affect 1. Costs incurred to handle each unit sold would MOST likely be classified as a. a customer output unit-level cost. b. a customer batch-level cost. c. a customer-sustaining cost. d. a corporate-sustaining cost. 2. _______________ categorizes costs related to customers into different cost pools on the basis of either different classes of cost drivers or different degrees of difficulty i ...

Other / Other 07 Apr 2016

Organizations with a product design usually begin 1. The biggest disadvantage of the place design is: a. duplication of functional activities b. managers in each market become specialists on local laws and customs c. proximity to suppliers d. proximity to customers 2. Most organizations that produce multiple goods or services utilize a ____ design, since it reduces the information overload that managers face in a purely fun ...

Other / Other 07 Apr 2016