Recent questions in Cost Accounting

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end-tas-avatar
almost 5 years ago

Raw Materials were issued for use in production. Base Fab Department br 851,000.00,and Finishing Department 629,000.00

Raw Materials were issued for use in production. BaseFab Department br 851,000.00,and Finishing Department br 629,000.00
0

lecture note on job costing

job order cost with its features and elements
0

Do you provide answers to question as that one below

The executives of Samson Company are developing the annual profit plan. The effect on budgeted profit of several contemplated decisions is being assessed. Some of these decisions will affect fixed costs, other will affect variable costs and still others relate to sales price and sales volume (number of units). The profit goal set by the management is Ksh 25,000. The following preliminary income statement data (summarized) have been developed as under: Sales at Ksh 20 per unit ​ Ksh 100,000 Costs: Fixed ​ Ksh 49,600 ​ Variable Ksh 38,000 Ksh 87,600 Profit ​ Ksh 12,400 Required: (Each alternative is independent and assume no change in units unless specifically stated otherwise) a. Compute planned contribution margin, profit and break-even point based on the preliminary plan. b. Compute the planned contribution margin, profit and break-even point assuming management makes a decision that will cause fixed cost to increase 10 percent. c. Compute planned contribution margin, profit and break-even point assuming instead that the decision will cause only variable costs to increase 10 percent. d. Compute planned contribution margin, profit and break-even point assuming a decision made to increase the sales price by 10 percent. e. Compute planned contribution margin, profit and breakeven point assuming the planned sales volume (units) is increased by 10 percent. f. There is possibility that all the above alternatives will be included in the final profit plan that is, a 10 percent increase in fixed costs, a 10 percent increase in variable costs, a 10 percent increase in sales price and a 10 percent increase in sales units. Compute the budgeted contribution margin profit and break-even point considering the combined effect of these four changes. g. How many units would have to be sold under requirement 6 to exactly meet the profit goal?
0
alxM-avatar
over 6 years ago

why cost accounting is ussually ignored in organizations and growing industries

Cost accounting has been dignified by indigeneous environment then swallowed by cultural values of the entire organization and killed by cottage indusrtries . Examine and diagnoise major pillars of the statement.
0

Examples of Direct labor in a Printing shop

Direct labor information on how load shedding has impact on the Direct labor of the printing shop and hoe to overcome that situation caused by the load shedding
3

present an analysis of the total cost and profit or loss attributable to job ax1 pdf

present an analysis of the total cost and profit or loss attributable to job ax1 pdf
3
end-tas-avatar
almost 5 years ago

Raw Materials were issued for use in production. Base Fab Department br 851,000.00,and Finishing Department 629,000.00

Raw Materials were issued for use in production. BaseFab Department br 851,000.00,and Finishing Department br 629,000.00
0

lecture note on job costing

job order cost with its features and elements
0

Do you provide answers to question as that one below

The executives of Samson Company are developing the annual profit plan. The effect on budgeted profit of several contemplated decisions is being assessed. Some of these decisions will affect fixed costs, other will affect variable costs and still others relate to sales price and sales volume (number of units). The profit goal set by the management is Ksh 25,000. The following preliminary income statement data (summarized) have been developed as under: Sales at Ksh 20 per unit ​ Ksh 100,000 Costs: Fixed ​ Ksh 49,600 ​ Variable Ksh 38,000 Ksh 87,600 Profit ​ Ksh 12,400 Required: (Each alternative is independent and assume no change in units unless specifically stated otherwise) a. Compute planned contribution margin, profit and break-even point based on the preliminary plan. b. Compute the planned contribution margin, profit and break-even point assuming management makes a decision that will cause fixed cost to increase 10 percent. c. Compute planned contribution margin, profit and break-even point assuming instead that the decision will cause only variable costs to increase 10 percent. d. Compute planned contribution margin, profit and break-even point assuming a decision made to increase the sales price by 10 percent. e. Compute planned contribution margin, profit and breakeven point assuming the planned sales volume (units) is increased by 10 percent. f. There is possibility that all the above alternatives will be included in the final profit plan that is, a 10 percent increase in fixed costs, a 10 percent increase in variable costs, a 10 percent increase in sales price and a 10 percent increase in sales units. Compute the budgeted contribution margin profit and break-even point considering the combined effect of these four changes. g. How many units would have to be sold under requirement 6 to exactly meet the profit goal?
0
1-6 of 10

Examples of Direct labor in a Printing shop

Direct labor information on how load shedding has impact on the Direct labor of the printing shop and hoe to overcome that situation caused by the load shedding
3

Do you provide answers to question as that one below

The executives of Samson Company are developing the annual profit plan. The effect on budgeted profit of several contemplated decisions is being assessed. Some of these decisions will affect fixed costs, other will affect variable costs and still others relate to sales price and sales volume (number of units). The profit goal set by the management is Ksh 25,000. The following preliminary income statement data (summarized) have been developed as under: Sales at Ksh 20 per unit ​ Ksh 100,000 Costs: Fixed ​ Ksh 49,600 ​ Variable Ksh 38,000 Ksh 87,600 Profit ​ Ksh 12,400 Required: (Each alternative is independent and assume no change in units unless specifically stated otherwise) a. Compute planned contribution margin, profit and break-even point based on the preliminary plan. b. Compute the planned contribution margin, profit and break-even point assuming management makes a decision that will cause fixed cost to increase 10 percent. c. Compute planned contribution margin, profit and break-even point assuming instead that the decision will cause only variable costs to increase 10 percent. d. Compute planned contribution margin, profit and break-even point assuming a decision made to increase the sales price by 10 percent. e. Compute planned contribution margin, profit and breakeven point assuming the planned sales volume (units) is increased by 10 percent. f. There is possibility that all the above alternatives will be included in the final profit plan that is, a 10 percent increase in fixed costs, a 10 percent increase in variable costs, a 10 percent increase in sales price and a 10 percent increase in sales units. Compute the budgeted contribution margin profit and break-even point considering the combined effect of these four changes. g. How many units would have to be sold under requirement 6 to exactly meet the profit goal?
0
dylanx-avatar
almost 12 years ago

What is meant by a Business Cycle?

Economy of an organization depends on its business techniques. Explain the term business cycle with reference to economy of an organization.
4

present an analysis of the total cost and profit or loss attributable to job ax1 pdf

present an analysis of the total cost and profit or loss attributable to job ax1 pdf
3
ekaant-avatar
over 5 years ago

A major purpose of cost accounting is to

  • a) Provide information to stockholders for investment decisions.
  • b) Measure, record, and report product costs.
  • c) Measure, record, and report period costs.
  • d) Classify all costs as operating or nonoperating.
4
jokerxxx-avatar
over 11 years ago

What are the departments in Value Chain?

Supply Chain department is the controlling body of all the supplies. Please mention some of the departments that are associated with Value Chain Management.
1
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Cost Accounting