many classrooms. Bl managemer ders the company to also be quite green, as it captures the small cut-out pieces and sells them to an organization that uses them in its production of plastic tableware. To date, Blossom has treated these cut-outs as a by-product, since it receives a small value for the items upon sale. The quantities and values of both the main laminated products and the small cut-outs, created in a joint process that costs $1,700, are as follows. Both products are sold at the split-off point and not processed further. All sales are on account. Main laminated products Small cut-outs Units Produced 2,000 640 Sales Value per Unit $2 0.50
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- Annie B's Homemade Ice Cream is an ice cream shop in Asheville, NC. Its owners would like your assistance in classifying some of its costs as direct or indirect depending on the specified cost object. Required: 1. Which of the following costs could be directly traced to specific flavors of ice cream? 2. Which of the following costs could be directly traced to specific mobile sales events, such as selling pre-packaged servings of ice cream at the Cold Mountain Music Festival? 3. Which of the following costs could be directly traced to "mobile sales" as opposed to "in-store sales? Complete this question by entering your answers in the tabs below. Requirement 1 Requirement 2 Requirement 3 Which of the following costs could be directly traced to specific flavors of ice cream? 1. Walk-in freezer depreciation 2 Wages paid to employees scooping ice cream in the store 3. Cost of ingredients used to make ice cream 4. Cost of electricity used to run the batch freezer that makes ice cream 5.…st K Yard Growers Corp manufactures garden tools in a factory in Taneytown, Maryland. Recently, the company designed a collection of tools for professional use rather than consumer use. Management needs to make a good decision about whether to produce this line in their existing space in Maryland, where space is available or to accept an offer from a manufacturer in Taiwan. Data conceming the decision are (Click the icon to view the data.) Read the requirements Requirement 1. Should Yard Growers Corp manufacture the 680,000 garden tools in the Maryland facility or purchase them from the supplier in Taiwan? Explain The cost of manufacturing 680,000 garden tools in the Maryland facility is 680,000 garden tools from the Taiwan supplier is and the cost of purchasing Yard Growers Corp purchase the garden tools from the Talwan supplier because it is than the relevant costs to manufacture the garden tools in Maryland SKIP REQUIREMENT 2 Requirement 3. What are some of the qualitative factors…Alameda Tile sells products to many people remodeling their homes and thinks that it could profitably offer courses on tile installation, which might also increase the demand for its products. The basic installation course has the following (tentative) price and cost characteristics. Need Assistance with Req C2, Req C3, Req C4
- Saurez Company, your client, manufactures paint. The company’s president, Maria Saurez, has decided to open a retail store to sell Saurez paint as well as wallpaper and other supplies that would be purchased from other suppliers. She has asked you for information about the conventional retail method of pricing inventories at the retail store. Instructions Prepare a report to the president explaining the retail method of pricing inventories. Your report should include the following points. a. Description and accounting features of the method. b. The conditions that may distort the results under the method. c. A comparison of the advantages of using the retail method with those of using cost methods of inventory pricing. d. The accounting theory underlying the treatment of net markdowns and net markups under the method.A manufacturer of packaging for companies that produce breakfast cereals is considering alternatives regarding the process it uses to pre-process carton paper used to make the packaging. Historically, the company has been using equipment which cuts raw carton paper received from its various suppliers. This cut paper is further painted and assembled into a box shape by two other pieces of equipment. Recently, however, most of its customers began requesting that certain design elements be pressed into the packaging, giving the packaging more visual appeal. The customers were willing to pay more for the added service, making it particularly lucrative for the firm to have incorporate this possibility into its packaging offerings. Managers believed that the existing equipment would be able to handle the new process with certain modifications. In addition to modifying the existing equipment, the company two other alternatives. All alternatives will be able to produce the desired result, will…MSI has been approached by a fourth-grade teacher from Portland about the possibility of creating a specially designed game that would be customized for her classroom and environment. The teacher would like an educational game to correspond to her classroom coverage of the history of the Pacific Northwest, and the state of Oregon in particular. MSI has not sold its products directly to teachers or school systems in the past, but its Marketing Department identified that possibility during a recent meeting. The teacher has offered to buy 1,300 copies of the CD at a price of $5.00 each. MSI could easily modify one of its existing educational programs about U.S. history to accommodate the request. The modifications would cost approximately $360. A summary of the information related to production of MSI's current history program follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total cost per unit Sales price per unit $ 1.05 0.48 A 2.07 1.90…
- DS Gayla Ojeda is trying to decide which of two different kinds of candy to sell in her retail candy store. One type is a name-brand candy that will practically sell itself. The other candy is cheaper to purchase but does not carry an identifiable brand name. Ms. Ojeda believes that she will have to incur significant advertising costs to sell this candy. Several cost items for the two types of candy are as follows: Brandless Candy Name-Brand Candy Cost per box Sales commissions per box Rent of display space Advertising $ Cost items Cost per box Sales commissions per box Rent of display space Advertising 4.00 1.00 900.00 3,000.00 Required Identify each cost as being relevant or irrelevant to Ms. Ojeda's decision and indicate whether it is fixed or variable relative to the number of boxes sold. Cost per box Sales commissions per box Rent of display space Advertising Relevance BehaviorPlanning and control decisions. Gregor Company makes and sells brooms and mops. It takes the following actions, not necessarily in the order given. For each action, state whether it is a planning decision or a control decision. Gregor asks its advertising team to develop fresh advertisements to market its newest product. Gregor calculates customer satisfaction scores after introducing its newest product. Gregor compares costs it actually incurred with costs it expected to incur for the production of the new product. Gregor’s design team proposes a new product to compete directly with the Swiffer. Gregor estimates the costs it will incur to distribute 30,000 units of the new product in the first quarter of next fiscal year.Assume that a company, UGrowIt, wants to introduce a new service helping people grow vegetables. The service is targeted at people who are new to growing vegetables or have not been successful at growing vegetables in the past. UGrowIt will travel to people’s gardens and provide gardening advice on how to get started, eliminate pests, or troubleshoot other gardening problems. The company plans to offer the service at a price that is affordable for most people. UGrowIt also offers a lower-priced option of ZOOM that includes a video inspection of the garden. A local nursery and the garden center at a hardware store are allowing UGrowIt to set up booths to sell the service to new customers. UGrowIt has created pamphlets to hand out to potential customers that introduce the service, provide contact information, and offer two pieces of gardening advice. Which of the marketing Ps is a pamphlet? Product Physical evidence Planning Process
- Asia Aerials (AA) manufactures satellite dishes for receiving satellite television signals. AA supplies the major satellite TV companies that install standard satellite dishes for their customers. The company also manufactures and installs a small number of specialized satellite dishes to individuals or businesses with specific needs resulting from poor reception in their locations. The chief executive officer (CEO) wants to initiate a program of cost reduction at AA. His plan is to use activity-based management (ABM) to allocate costs more accurately and to identify non-value-adding activities. The first department to be analyzed is the customer care department, as it has been believed for some time that the current method of cost allocation is giving unrealistic results for the two product types. At present, the finance director (FD) absorbs the cost of customer care into the product cost on a per-unit basis using the data in table 1. He then tries to correct the problem of…Gayla Ojeda is trying to decide which of two different kinds of candy to sell in her retail candy store. One type is a name-brand candy that will practically sell itself. The other candy is cheaper to purchase but does not carry an identifiable brand name. Ms. Ojeda believes that she will have to incur significant advertising costs to sell this candy. Several cost items for the two types of candy are as follows: Brandless Candy Name-Brand Candy Cost per box $ 4.00 Cost per box $ 6.00 Sales commissions per box 1.00 Sales commissions per box 1.00 Rent of display space 900.00 Rent of display space 900.00 Advertising 3,000.00 Advertising 2,000.00 Required Identify each cost as being relevant or irrelevant to Ms. Ojeda’s decision and indicate whether it is fixed or variable relative to the number of boxes sold.Cody Paper Mill produces various grades of paper sheeting for industrial uses. All of the following may be considered an initiative undertaken as a part of the company’s CSR efforts except a. investing funds in equipment to reduce greenhouse gas emissions from its production facilities b. improving worker health and safety efforts to reduce injuries in the workplace c. expanding the customer base to increase the net income of the company d. planting trees to replace those used by the paper-making process