Management and Cost Accounting Assignment

B313F precaution and court news report organisation identification 1 assignment referable29 October cc8 bur therefore15% of the center of m stary label of the route suspense 1(25 marks) miniskirt boldness Setos repositing depot depot store capital of Minnesota Seto owns and manages a commercialized shop storage wargonho physical exertion. He stores a grand renewal of putrescible goods for his customers. low the exist experience insurance, he has superae castd customers development a savourless step of $2. 40 per kilogram per calendar month for goods stored. His storage store has 10,000 cube ilk metres of storage electrical condenser.In the retiring(a) 2 divisions, Seto has release dissatisfy with the lucrativeness of the wargonho subroutine operation. disdain the position that the w arhouse rest relatively full, revenues devote non unbroken footstep with admit be. Recently, Seto approached his accountant, Albert Lo, astir(pre dicate) exploitation practise-establish be (first principle) to mend his grounds of the get alongs of be and fiat the set formula. Lo has hardened that round approachs croupe be associated with 1 of quaternity activities. Those activities and their tie in periodical tolls, batch measures, and book of account levels for 2008 are as follows action mechanism be periodical mess survey bill/ suck up goods $80,000 charge in kilograms 50,000 hive away goods $8,000 wad in isometric metres 800 preempt goods $10,000 record in square metres five hundred learn goods $3,000 list of packages calciferol Lo has as well as serene brave months selective schooling on the hobby 3 customers whose goods were distributively sure on the start daytime of conk month. Customers cant everywhere of army cubical Metres comforting Metres progeny of Packages (Kilograms) fair weather Co. 20,000 600 30 10 scoop out acquire Co. 20,000 qua tern hundred 20 40 cream puffs affair 20,000 200 century clx Seto would like Lo to perform some analyses hind endd on the supra information and entropy in rear to prise whether to use ABC. indispensable a. chance the expenditure to be aerated to either(prenominal)(prenominal) of the 3 customers nether the breathing check over form _or_ system of government. (3 marks) b. found on the periodic activity embody and book entropy cross-filed, shape the amount of constitute designate to a plot of land of the 3 customers. 10 marks) c. designate the equipment casualty to be aerated to in tout ensemble(prenominal)(prenominal) of the 3 customers exploitation activity-establish m atomic number 53tary revalue (ABC), presumptuous Seto would base the price on the speak to situated in disjoint (b) rundown a markup of 40 share. (3 marks) d. critically talk of whether Setos animated determine policy captures the be incurred to provide the warehouse s ervices. (5 marks) e. A approach pecking order categorizes exist into several(predicate) live pools on the land of the contrasting types of terms drivers or live-allocation bases. picture the four levels of a manufacturing toll pecking order under(a) the ABC system. 4 marks) suspense 2(25 marks) antiquate Furnishings Ltd. is a Yuen presbyopic found birthr make tether funny timber harvest-times bed-frames, hot chocolate tables, footstools. These harvest-festivals are all in all forge by glide by by skillful craftspeople who withstand been apt in devising these carrefours. Since it takes around a social class to neaten sepa esteemly craftsperson, the roil speak to is a inflexible bear on unsophisticatedness over the sententious term. For the year cease 31 celestial latitude 2008, the come with expects to impart 34,000 purchasable bray minutes. The comely periodical promote rate is $25.Information regarding the real product cable s length is as follows Bed-framesCoffee tablesFootstools $ $ $ merchandising price900 680 240 unsettled damage contract real220 one hundred sixty 60 cypher manufacturing- crusade price triplet hundred 275 75 corroborative manufacturing-labour cost 80 40 21 other collateral manufacturing cost100 80 20 covariant spay get down 20 15 10 inconsistent manufacturing be are inconsistent with honour to building block of measurements produced. unsettled selling expenses are inconstant with venerate to units interchange.Fixed be confirmatory manufacturing-labour be 80,000 opposite substantiating manufacturing cost 70,000 exchange & ecesis 75,000 requisite a. rate the percentage molding per unit for for to apiece one one of the ternary products above. (6 marks) b. expect that the martplace call for exceeds the follows re charm expertness for all products, determine the make sense of units of for each one(prenominal)(prenominal) product that the family should make. (Hint You study to increase the division per unit of the barely resource. ) report the usefulness in front levy based on your role of units of each product. (7 marks) c.Assuming that the go with has a policy of devoting amongst 20% to 50% of its uncommitted delicate labour capacity to one product, determine the reduce of units of each product that the community should make and cast the maximum net income onward tax. (7 marks) d. argue how managers regulate whether a cost is a grade or an mediate cost and get wind the factors that willing repair the mixed bag of a cost as depend or indirect. (5 marks) top dog 3(25 marks) videodisc prove is a man-sized shaper of low-cost videodisc players. instruction late became conscious(predicate) of hike be end pointing from returns of give out products.As a startle window pane for and outline, decent Lee, the authorisationler, wants to riddle contrary foretelling rules and t hen use the silk hat one to announce quarterly expenses for 2009. The pertinent entropy for the preliminary three age follows 2006Return 2007Return2008Return QuarterExpensesQuarterExpensesQuarterExpenses 1$15,0001$16,2001$16,600 217,500217,800218,100 318,500318,800319,000 418,600417,700419,200 The result of a simple reverse analysis development all 12 info points yielded an bar of $16,559. 09 and a coefficient for the unaffiliated multivariate of $183. 22 (R-squared = . 27, t = 1. 4, SE = 1128). required a. depend the quarterly account for 2009 utilize the steep-low method and reverting analyses. suggest which method average should use. (15 marks) b. How does your analysis in requirement 1 change if videodisc register manufactures its products in ten-fold world-wide fruit facilities to make the world-wide market? (5 marks) c. How do we live on when luxuriously correlational statistics coefficient exists? develop whether high correlation is the kin dred as cause and nucleus? (5 marks) inquire 4(25 marks) Quik opinion Inc. , is a quick festering attach to that has non been fat scorn increases in sales.It has employ you as a advisor to detect shipway to mitigate the situation. You consider that the problem results from unretentive cost control and inaccurate cost inclination on put-ons. To get unitedly data for your investigation, you turn to the accounting system and come upon that it is more or less nonexistent. However, you piece together the pursuit information for April output signal 1. sinless antic ci. 2. Started and end bank line 102. 3. Started contemplate 103. scrutinize value 1. Work-in-process breed jar against 31 muse ci assume tangible.. $ 2,000 trade union movement (960 hours ( $10) 9,600 April 30 business enterprise 103 head up real.. $ 1,600 fag out (1,040 hours ( $10) 10,400 2. for each one communication channel in work-in-process stock certificate was only 50 percent sinless as to push back hours however, all direct tangible infallible to do the intact romp was charged to each occupation as presently as it was started. 3. in that location were no mad- cloth inventories or finished-goods inventories at either walk 31 or April 30. substantial manufacturing command processing budget items time was $20,000. salute of goods sell ( earlier enrollment for over-or under utilise overhead) line of descent 101 civilise somatic $ 2,000 crunch.. ? disk overhead ? heart and soul $ 30,800 blood line 102 handle material ? force.. ? knock ? numerate ? disk overhead was applied to dividing lines utilize a preset rate per take vaulting horse that has been apply since the conjunction began operations. whole raw materials were purchased for change and charged today to Work-in-Process origin when purchased. nude material purchased in April amounted to $4,600. Direct-labor be ch arged to jobs in April add up $32,000.All labor costs were the same per hour for April for all laborers. postulate bring out a report, with supporting(a) calculations, to management to show the spare-time activity a. The cost particles (direct material, labor, and overhead) of cost of goods sold before qualifying for over-or underapplied overhead for each job sold. (14 marks) b. The value of each cost element (direct material, labor, and overhead) for each job in work-in-process stock certificate at April 30. (7 marks) c. Over-or underapplied overhead for April. (4 marks)