PLEASE THIS IS 11 SLIDES, CAN YOU PLEASE ANSWER THE QUESTION

A Moving to another question will save this response. Question 1 of 11 > >> Question 1 Save Answer Cape Cod Adventures makes foam noodles with sales of 3,000,000 units per year and retractable boat oars with sales of 50,000 pairs per year. What information would Cape Cod Adventures need in order to change from traditional to ABC costing? What are the limitations to activity-based costing? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt WN - V A Z V TX . . . E E E X2 X2 TT The + ABC V EE V X XE +H O (? + P O WORDS POWERED BY TINY A Moving to another question will save this response. Question 1 of 11 > >>Q Moving to another question will save this response. >> Question 2 g Save Answer Tippy Canoe sells each canoe at $800. They incur a variable unit expense of $400 and have xed expenses at $50,000. How many canoes does Tippy Canoe need to sell to make a $150,000 prot? Q Moving to another question will save this response >> Question 3 Save Answer Lampierre makes silver and gold candlesticks. The company computed this information to decide whether to switch from the traditional allocation method to ABC. Silver Gold Units planned 500 250 Material moves 250 750 Machine setups 5,600 4,400 Direct labor hours 500 1,500 The estimated overhead for the material cost pool is estimated as $45,000, and the estimate for the machine setup pool is $55,000. Calculate the allocation rate per unit of silver and per unit of gold using the activity-based costing method. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt V A v TX . . . E E X2 X2 TT The BC V X EXE i+ T ( } O (? +Question 4 - Save Answer Lampierre makes silver and gold candlesticks. The company computed this information to decide whether to switch from the traditional allocation method to ABC, Silver Gold Units planned 500 250 Material moves 250 750 Machine setups 5,600 4,400 Direct labor hours 500 1,500 The estimated overhead for the material cost pool is estimated as $45,000, and the estimate for the machine setup pool is $55,000. Calculate the allocation rate per unit of silver and per unit of gold using the traditional allocation method For the toolbar, press ALT+F10 (PC) or ALT+FN+F1 0 (Mac). B I Q '5- Paragraph V Arial V 10pt V E V E V A V i V L X E] Q (3 (9 " 2: E :2 E E: E X2 X2 (9 (/0 >1T 1T A Moving to another question will save this response. > Question 5 Save Answer Costing is a system of cost accounting that only assigns the variable costs of production to products. Costing is a system of cost accounting where both fixed and variable costs are considered product costs. The difference between absorption and variable costing is the treatment of fixed Absorption costing defers fixed costs into When all fixed costs are included to compute breakeven this is known as A Moving to another question will save this response. >> A Moving to another question will save this response. > Question 6 Save Answer How would a service industry apply activity-based costing? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt V A v . . . E E E X2 X2 STT The + ABC V X EXE TT ( } K 7 Ky +Q Moving to another question will save this response Question 7 of 11 Question 7 - Save Answer The sales department has pitched the idea to the owner that increasing the annual sponsorship to $15,000 will increase their sales to a total of 500 canoes per year and they will hit a prot of $150,000. You are working in the finance department and the owner has asked you to explain if the sales department is correct or not. (1) What is total difference between the sales department projected prot of $150,000 and your calculation of the prot? (2) lfthere is a difference then why is sales amount different? (3) Should the owner increase the annual sponsorship spending and WHY? Current Costs: 450 current canoe sales $800 selling price per canoe $400 variable cost per canoe $50,000 xed cost For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I H '5- Paragraph V Arial V 10pt V E V E V A V i V l; 36 FE] Q ('3 (9 "- I: E :2 E E (E )(2 X2 6) g)\" >1T 1T2 )(1 X2 (f7 D0 >1T 1T O (? +Question 10 Save Answer The sales department of Tippy Canoe want to increase it's annual sponsorship by $15,000. They think this will raise annual sales from 450 canoes per year to 500 canoes per year. What is the potential Net Income if the company decides to increase the annual sponsorship? CURRENT COSTS: Each Canoe Sells for $800 Variable Cost per Canoe is $400 Fixed Expenses are $50,0000 & Moving to another question will save this response, Question 10 of 11 A Click Submit to complete this assessment.