Question: Help me tutor please Required: a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate. b. Determine the amount of manufacturing overhead costs

Help me tutor please

Help me tutor please Required: a. For Fox Manufacturing, determine the annualmanufacturing indirect cost allocation rate. b. Determine the amount of manufacturing overheadcosts allocated to the Maize High School job. c. Determine the estimatedtotal manufacturing costs for the Maize High School job. 8. The Marionettes

Required: a. For Fox Manufacturing, determine the annual manufacturing indirect cost allocation rate. b. Determine the amount of manufacturing overhead costs allocated to the Maize High School job. c. Determine the estimated total manufacturing costs for the Maize High School job. 8. The Marionettes Company is noted for an exceptionally impressive line of Mardi Gras masks. Marionettes has established the following selling and distribution support activity-cost pools and their corresponding activity drivers for the year 2012: Activity % Cost driver Marketing $30,000 $500,000 of sales Customer service 10,000 5,000 customer Order execution 5,000 100 orders Warehousing 5,000 50 product lines Required: a. Determine the activity cost driver rate for each of the four selling and distribution activities. b. Under what circumstances is it appropriate to use each of the activity cost drivers? c. Describe at least one possible negative behavioral consequence for each of the four activity cost drivers. 9. Spirit Company sells three products with the following seasonal sales pattern: Products Quarter A E Q 1 40% 30% 10% 2 30% 20% 40% 3 20% 20% 40% 4 10% 30% 10% The annual sales budget shows forecasts for the different products and their expected selling price per unit as follows: Product Units Selling Price A 50,000 $4 B 125,000 10 C 62,500 6 1. Complete a performance report for the month of May, 2015, for the Daily Bulletin, a regional newspaper. Use four columns: 1) Actual Result; 2) Budgeted Amount; 3) Difference: Actual Result minus Budgeted Amount; 4) Difference as a Percentage of Budgeted Amount; AND, three rows: 1) advertising pages sold; 2) average rate per page; 3) advertising revenues. Use the following data: Advertising pages sold Budgeted advertising pages m $4,368,00. Budget advertising revenue $4,410,000 Does the report indicate any cause for managerial investigation? 2. Gimble Manufacturing Inc. makes vibration control springs for heating, ventilating, and air conditioning (HVAC) equipment. Materials cost $52 per spring set, and the machinists are paid $44 per hour. A machinist can produce four sets of springs per hour. Fixed manufacturing costs for springs are $5,000 per period. Non-manufacturing spring set costs are xed at $11,000 per period. Each spring set sells for $75 and Gimble sells on average 4,000 spring sets per period. Required: a. Competition has entered the market and is selling spring sets for an introductory price of $66. Can Gimble Manufacturing Inc.meet this price and still make a prot? b. How would your answer to requirement a. change if Gimble sells on average 8,000 spring sets per period. c. What should Gimble Manufacturing Inc's management do in the short-run and for the long-term if it appears that $66 is going to be the new market price for the future. 3. Berhannan's Cellular sells phones for $100. The unit variable cost per phone is $50 plus a selling commission of 10%. Fixed manufacturing costs total $1,250 per month, while xed selling and administrative costs total $2,500. Required: a. What is the contribution margin per phone? b. What is the break-even point in phones? c. How many phones must be sold to earn pre-tax income of $7,500? 4. Black Pearl, Inc., sells a single product. The company's most recent income statement is given below. Sales $50,000 Less variable expenses {,m Contribution margin 20,000 Less xed expenses (QJOO) Net income M500 Required: Required: a. Contribution margin ratio is % b. Breakeven point in total sales dollars is S c. To achieve $40,000 in net income, sales must total $ d. If sales increase by $50,000, net income will increase by $ 5. Symbol Manufacturing Inc. makes component parts for automobile navigation systems. For component A14 direct materials cost $47, and the assembly technicians are paid $42 per hour. A technician can produce two components per hour. Fixed manufacturing costs for A14 are $70,000 per unit based on current production of 12,000 units. Non-manufacturing costs are xed at $120,000 per period. Each A14 component sells for $195. Required: a. Prepare an income statement in gross margin format. b. Calculate the dollar sales required to generate an operating prot of $1,500,000 and prepare an income statement in contribution margin format. c. What actions could Symbol Manufacturing Inc. management take to lower the required number of units sold necessary to generate the desired operating prot? 6. General Hospital uses a job-costing system for all patients. In March the Critical Care and Special Care facilities had cost allocation bases of 4,000 nursing days and 3,000 nursing days, respectively. The nursing care charges for each department for the month were $2,106,000 and $1,500,000, respectively. The General Care area had costs of $2,700,000 and 7,500 nursing days for the month. Patient Jim Hansen spent 5 days in Critical Care, 4 days in Special Care and 21 days in General Care during March. Required: a. Determine the cost allocation rate for each department. b. What are the total charges to Mr. Hansen if he was in the facility the entire month of March? 7. Fox Manufacturing is a small textile manufacturer using machine-hours for the single indirect cost allocation rate to allocate indirect manufacturing costs to the various jobs contracted during the year. The following estimates are provided for the coming year for the company and for the Maize High School Science Olympiad job. Com any Maize High School Job Direct materials $150,000 $1,500 Direct manufacturing labour $65,000 $490 Manufacturing overhead costs $40,000 Machine-hours 5,000 mh 45 mh Required: Prepare a sales budget, in units and dollars, by quarters for the company for the coming year

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