Examen
Test Bank Fundamentals of Cost Accounting, 7th Edition by Lanen, Maher A+
- Cours
- Établissement
- Book
Test Bank Fundamentals of Cost Accounting, 7th Edition by Lanen, Maher A+..
[Montrer plus]
Livre connecté
Titre de l’ouvrage:
Auteur(s):
- Édition:
- ISBN:
- Édition:
Plus de résumés pour
-
Management Accounting & Control 2
Vendeur
S'abonner
ASolution
Avis reçus
Aperçu du contenu
Created By: A SolutionTest Bank Fundamentals of Cost Accounting, 7th Edition
by Lanen, Maher A+
1) Carley Incorporated incurs many types of costs in its operations. Place the number of the
appropriate stage in the value chain in Column 2 in the blank next to each cost in Column 1.
Cost Stage in the Value Chain
Transportation costs to ship vans to customers 1. Customer Service
Labor costs for factory workers 2. Distribution
Overtime costs for scientists working on new engine 3. Research &
technology Development
Utilities cost for the design testing center 4. Marketing
Costs to survey customers about their satisfaction
5. Production
Costs to sponsor a sporting event 6. Design
2) SuperMax is an integrated provider of genetically engineered corn. Many types of costs
are incurred in its operations. Place the number of the appropriate stage in the value chain in
Column 2 in the blank next to each cost in Column 1.
Cost Stage in the Value
Chain
Warehouse costs to store seed awaiting shipment to 1. Customer Service
customers
Utility costs for seed mill 2. Distribution
Equipment costs in genetics laboratory 3. Research &
A+ Page 1
,Created By: A Solution
Development
Labor costs to staff help-line call center 4. Marketing
Costs to prepare advertising campaign in national 5. Production
agriculture magazine
Costs to contract with growers to provide seed 6. Design
A+ Page 2
,Created By: A Solution
3) Travon's Limo Service provides transportation services in and around Bentonville. Its
profits have been declining, and management is planning to add a package delivery service that
is expected to increase revenue by $275,000 per year. The total cost to lease additional delivery
vehicles from the local dealer is $60,000 per year. The present manager will continue to
supervise all services. However, labor and utilities costs will increase by 40% and rent and other
costs will increase by 15% when the package delivery service is added.
Travon’s Limo Service Annual
Income Statement
Before Expansion
Sales Revenue $ 960,000
Costs:
Vehicle Leases $ 400,000
Labor 290,000
Utilities 50,000
Rent 100,000
Other Costs 60,000
Manager’s Salary 120,000
Total Costs 1,020,000
Operating Profit (Loss) $ (60,000)
a. Prepare a report of the differential costs and revenues if the delivery service is added.
b. Should management start up the delivery service? Explain your answer.
4) Morris Incorporated is a management consulting firm that specializes in management
training programs. Tackle Manufacturing Incorporated has approached Morris to contract for
A+ Page 3
, Created By: A Solution
management training for a one-year period. Last year's income statement for Morris is as
follows:
Sales Revenue $ 360,000
Costs:
Labor $ 120,000
Equipment Lease 12,000
Rent 24,000
Utilities 8,400
Supplies 23,600
Other Costs 14,400
Manager’s Salary 80,000
Total Costs 282,400
Operating Profit (Loss) $ 77,600
To satisfy the Tackle contract, another part-time trainer will need to be hired at $42,000.
Supplies will increase by 12% and other costs will increase by 15%. In addition, new equipment
will need to be leased at a cost of $2,500.
a. What are the differential costs that would be incurred if the Tackle contract is signed?
b. If Tackle will pay $55,000 for one year, should Morris accept the contract? Explain your
answer.
5) The Arielle Company reported the following results for the manufacture and sale of one
of its products known as Controllers during the most recent year.
A+ Page 4
Les avantages d'acheter des résumés chez Stuvia:
Qualité garantie par les avis des clients
Les clients de Stuvia ont évalués plus de 700 000 résumés. C'est comme ça que vous savez que vous achetez les meilleurs documents.
L’achat facile et rapide
Vous pouvez payer rapidement avec iDeal, carte de crédit ou Stuvia-crédit pour les résumés. Il n'y a pas d'adhésion nécessaire.
Focus sur l’essentiel
Vos camarades écrivent eux-mêmes les notes d’étude, c’est pourquoi les documents sont toujours fiables et à jour. Cela garantit que vous arrivez rapidement au coeur du matériel.
Foire aux questions
Qu'est-ce que j'obtiens en achetant ce document ?
Vous obtenez un PDF, disponible immédiatement après votre achat. Le document acheté est accessible à tout moment, n'importe où et indéfiniment via votre profil.
Garantie de remboursement : comment ça marche ?
Notre garantie de satisfaction garantit que vous trouverez toujours un document d'étude qui vous convient. Vous remplissez un formulaire et notre équipe du service client s'occupe du reste.
Auprès de qui est-ce que j'achète ce résumé ?
Stuvia est une place de marché. Alors, vous n'achetez donc pas ce document chez nous, mais auprès du vendeur ASolution. Stuvia facilite les paiements au vendeur.
Est-ce que j'aurai un abonnement?
Non, vous n'achetez ce résumé que pour €12,68. Vous n'êtes lié à rien après votre achat.
Peut-on faire confiance à Stuvia ?
4.6 étoiles sur Google & Trustpilot (+1000 avis)
78075 résumés ont été vendus ces 30 derniers jours
Fondée en 2010, la référence pour acheter des résumés depuis déjà 14 ans