ACCT 550 Week 7 Homework Chapter 11: E11-4, E11-9, E11-11, E11-17 E11-4 (Depreciation Computations—Five Methods) Wenner Furnace Corp. purchased machinery for $279,000 on May 1, 2012. It is estimated that it will have a useful life of 10 years, salvage value of $15,000, production of 240,000 units, and working hours of 25,000. During 2013, Wenner Corp. uses the machinery for 2,650 hours, and the machinery produces 25,500 units. Instructions From the information given, compute the depreciation charge for 2013 under each of the following methods. (Round to the nearest dollar.)
20. mol H2 reacts with 8.0 mol O2 to produce H2O. Determine the number of grams reactant in excess and number of grams H2O produced. Identify the limiting reactant. 8.1 g H2 , 2.9 x 102 g H2O 17. How many litres of O2 gas are required to produce 100. g Al2O3?
5) Information about Clearwater Company's direct materials cost follows: Standard price per materials ounce $ 100 Actual quantity used 8,700 grams Standard quantity allowed for production 9,100 grams Price variance $ 76,125 F ________________________________________ Required: What was the actual purchase price per gram? (Round your answer to 2 decimal places. Omit the "$" sign in your response.) Actual purchase price $ 91.25 Total grade: 0.0×1/1 = 0% Feedback: Actual Costs = AP × 8,700 Actual Inputs at Standard Price = $100 × 8,700 =$870,000 Price Variance = $76,125 F 8,700 × AP = $870,000 – $76,125 AP = $91.25 ________________________________________ Question 3: Score
(Divide the mass of the liquid calculated above by the volume of the liquid.) * Trial 1: 10.16/8.12=1.25 * Trial 2: 10.61/8.26=1.28 * Trial 3: 10.38/8.52=1.22 Part II: Density of Irregular-Shaped Solid 3. Calculate the volume of the irregular-shaped solid for each trial.
True False The job cost sheet is used in both job-order and process costing. True False Byklea Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 200 units. The costs and percentage completion of these units in beginning inventory were: A total of 7,000 units were started and 6,700 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: The ending inventory was 90% complete with respect to materials and 45% complete with respect to conversion costs.
CalPERS vs. JC Penney Overview CalPERS investment program began on February 22, 2000 when they included JC Penney on their annual Focus List. CalPERS further exclaimed that due to declining sales and a deteriorating customer base they had lost confidence in Penney’s management. Subsequent to the release of their focus list JC Penney made numerous strategic decisions to revitalize and boost the value of the company. Penney forced their current CEO James Oesterreicher to retire. Next instead of promoting from within, they searched for new blood and hired former Barney’s CEO Allen Questrom.
The following costs were incurred in September: Direct materials $42,700 Direct labor $29,400 Manufacturing overhead $27,300 Selling expenses $23,600 Administrative expenses $33,700 Conversion costs during the month totaled: → $56,700 $70,000 $72,100 $156,700 Conversion cost = Direct labor + Manufacturing overhead = $29,400 + $27,300 In September direct labor was 25% of conversion cost. If the manufacturing overhead for the month was $108,750 and the direct materials cost was $25,800, the direct labor cost was: rev: 06_06_2013_QC_31398, 09_24_2013_QC_36205 → $36,250 $5,583 $91,250 $22,250 Givens: Direct labor = 0.25 × Conversion cost Manufacturing overhead = $108,750 Conversion cost = Direct labor + Manufacturing overhead Conversion cost = Direct labor + $108,750 Conversion cost = 0.25 × Conversion cost + $108,750 0.75 × Conversion cost = $108,750 Conversion cost = $108,750 ÷ 0.75 Conversion cost = $145,000 Direct labor = 0.25 × Conversion cost = 0.25 × $145,000 = $36,250 A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $5,040 and is paid at the beginning of the first year. Seventy percent of the premium applies to manufacturing operations and 30% applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage?
Determine the correct ICMP type based on the description provided: ICMP Message Description | Type | Code | Echo | 8 | | Echo Reply | 0 | | Time Exceeded | 11 | | Port Unreachable | 3 | 3 | Fragmentation Needed | 3 | 4 | 4. What are the valid ranges of protocol numbers? * 0-252 5. What protocol numbers is/are specified for experimentation and testing? * 253, and 254 6.
This is a manual problem! t = 16 therefore the forecast for the year 2006 = 80 + 16*15 = 320 thousand bottles #4: Freight car loadings over a 12-year period at a busy port are as follows: The units are in thousands of tons. Year 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 a. Loadings 220 245 280 275 300 310 350 360 400 380 420 450 460 475 500 510 525 541 Determine the linear trend equation for the freight car loadings. Forecast = 208.48 + 19 * year b. What is the slope?
Small Department Large Department Square footage 6,000 18,000 Number of employees 1,120 480 Sales $400,000 $2,000,000 3) If total rent expense of $120,000 is allocated on the basis of square footage, the amount allocated to the Small Department would be: 3) _______ A) $20,000 B) $84,000 C) $30,000 D) $90,000 Answer the following questions using the information below: Mayan Potters manufactures two sizes of ceramic paperweights, regular and jumbo. The following information applies to their expectations for the planning period: Cost Pool Overhead Costs Activity-cost driver Materials handling $ 45,000 90,000 orders Machine maintenance $300,000 15,000 maintenance hours Setups $270,000 45,000 setups Inspections $105,000 21,000 inspections Total support costs $720,000 Production Estimates Production units: Regular = 8,000,000 units Jumbo = 16,000,000 units