SICNON A: MULTIPLE CHOICE- ATTEMPTED VIA MOODLE SECTION PROBLEM SOLVING QUESTIONS QUESTION 1: Standard Costing Total mors for the effor: 20 marks Posted: 6 minute Cooper Lid manufactures agricultural machinery The management accountant currently preparing the following reportin proportion for someone to discum the direct voices for 2000 Month nory Foto Moh Cooper Direct Labo Verince Report Direct labour role variance Direct bow officiency Amount Percentage Amen Percentage of standard of wonderd directo Gescu co 1500 165 15000 400 . 100 0.025 SOU 2000 25 3800 20100 3800 OS 1000 10 200F 45 5100 2005 OF 5700 000 000 2007 MOY June I AU Sep Octo Nome December I WIFI - u quang nghipHU - 10 Cooper variance er on 3000 Send a Chat REQUIRED The management accountant has to attend on urgent meeting and hos asked you to complete the report by calculating the percentage of standard direct.cost for directorate and directo efficiency variances for the months of September to December more 2. After completing the report which voronces would have been Your newer should be provided in the following table format with following heading Varlance Type Month Amount Percentage of standard director coat What characteristics of vartonceptown in the reports the accountants attention regardless of the door Espion Given these considerations which arences would you how Investigated why important to follow up on tvorbe vone chose shown the report in your answer Son 1 QUESTION 2 Cash Budget Total marks for this question marks Suggested Cor Company reports morcohet me budget for 2000 or follows January CO 1 ene Send a Chat All sales are on account. Collections are expected to be so in the month of sale 30% in the first month following the sole and 20% in the second month following the sale Saty percent (60%) of direct materiais purchases are paid in cash in the month of purchase, and the balonce duo is paid in the month following the purchase Al other items above are paid in the month incuned except for seling and administrative expenses that include $1.000 of depreciation per month Other data 1.Credit sales November 2011. 250.000: December 2019. $320.000 2. Purchases of direct material: December 2019. 5100.000 January - Collection of December 31, 2019, notes recevable 515.000 February-proceeds from sales of securities $6.000 4 Other disbursement: February-payment of $6.000 cash dividend The company's cash balonce on January 1, 2020. expected to be $60.000. The company wants to maintain a minimum cash balance of $50.000 REQUIRED Prepare schedules for January and February 2000 for to Expected collections from customen Expected payment for direct materials Prepare a cash budget for donary and retary 2000 14 more 110 moned I As part of its plans Color was hoping to commence product reinvention program for one of the core products in March to the project would require on cash comment of 550 000. Monagement hoping to find this from the cochows of the business Dom taborety mo Send a Chat Question : Capital Investment Total marks for this question: 30 marks Suggested time: 54 minutes The Borden and Noble partnership considering the long-term copio investment proposok Each investment has a solutie of yeon. Relevant data on each project are as follows + Project Mary Project Winnie Project Sarah Capitol westment 3175.000 $190.0.0 Annual net income Pront) Year 370.000 $12.500 312000 Year 2 10.000 12000 TA 000 Year T1000 11000 16000 TOO4 10000 Too V800 YOGS T07000 2000 TOTAL 550.000 $49.500 566.000 Depreciation is computed by the straight in meriod with no svago voke the company's cost of capito 125. Assume cash fows occur ovenly throughout the Year REQUIRED Compute the cath paytiock period for each priest Moond to two decimo I 2.Compute the represent vole for each prelect Round to hecret dolor (12 marts 3. Compute the annual rate of return for each project Round to two decimo) Hit Use overage ou net income in your computation Ronk the projech on each of the foregoing bases. Explon which proved you recommend 14 m - THE END- Send a Chat SICNON A: MULTIPLE CHOICE- ATTEMPTED VIA MOODLE SECTION PROBLEM SOLVING QUESTIONS QUESTION 1: Standard Costing Total mors for the effor: 20 marks Posted: 6 minute Cooper Lid manufactures agricultural machinery The management accountant currently preparing the following reportin proportion for someone to discum the direct voices for 2000 Month nory Foto Moh Cooper Direct Labo Verince Report Direct labour role variance Direct bow officiency Amount Percentage Amen Percentage of standard of wonderd directo Gescu co 1500 165 15000 400 . 100 0.025 SOU 2000 25 3800 20100 3800 OS 1000 10 200F 45 5100 2005 OF 5700 000 000 2007 MOY June I AU Sep Octo Nome December I WIFI - u quang nghipHU - 10 Cooper variance er on 3000 Send a Chat REQUIRED The management accountant has to attend on urgent meeting and hos asked you to complete the report by calculating the percentage of standard direct.cost for directorate and directo efficiency variances for the months of September to December more 2. After completing the report which voronces would have been Your newer should be provided in the following table format with following heading Varlance Type Month Amount Percentage of standard director coat What characteristics of vartonceptown in the reports the accountants attention regardless of the door Espion Given these considerations which arences would you how Investigated why important to follow up on tvorbe vone chose shown the report in your answer Son 1 QUESTION 2 Cash Budget Total marks for this question marks Suggested Cor Company reports morcohet me budget for 2000 or follows January CO 1 ene Send a Chat All sales are on account. Collections are expected to be so in the month of sale 30% in the first month following the sole and 20% in the second month following the sale Saty percent (60%) of direct materiais purchases are paid in cash in the month of purchase, and the balonce duo is paid in the month following the purchase Al other items above are paid in the month incuned except for seling and administrative expenses that include $1.000 of depreciation per month Other data 1.Credit sales November 2011. 250.000: December 2019. $320.000 2. Purchases of direct material: December 2019. 5100.000 January - Collection of December 31, 2019, notes recevable 515.000 February-proceeds from sales of securities $6.000 4 Other disbursement: February-payment of $6.000 cash dividend The company's cash balonce on January 1, 2020. expected to be $60.000. The company wants to maintain a minimum cash balance of $50.000 REQUIRED Prepare schedules for January and February 2000 for to Expected collections from customen Expected payment for direct materials Prepare a cash budget for donary and retary 2000 14 more 110 moned I As part of its plans Color was hoping to commence product reinvention program for one of the core products in March to the project would require on cash comment of 550 000. Monagement hoping to find this from the cochows of the business Dom taborety mo Send a Chat Question : Capital Investment Total marks for this question: 30 marks Suggested time: 54 minutes The Borden and Noble partnership considering the long-term copio investment proposok Each investment has a solutie of yeon. Relevant data on each project are as follows + Project Mary Project Winnie Project Sarah Capitol westment 3175.000 $190.0.0 Annual net income Pront) Year 370.000 $12.500 312000 Year 2 10.000 12000 TA 000 Year T1000 11000 16000 TOO4 10000 Too V800 YOGS T07000 2000 TOTAL 550.000 $49.500 566.000 Depreciation is computed by the straight in meriod with no svago voke the company's cost of capito 125. Assume cash fows occur ovenly throughout the Year REQUIRED Compute the cath paytiock period for each priest Moond to two decimo I 2.Compute the represent vole for each prelect Round to hecret dolor (12 marts 3. Compute the annual rate of return for each project Round to two decimo) Hit Use overage ou net income in your computation Ronk the projech on each of the foregoing bases. Explon which proved you recommend 14 m - THE END- Send a Chat