1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Triss [41]
3 years ago
13

Flash E - Card Manufacturing manufactures software parts for the computer software systems that produce e - cards. The Flash II

part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash II part. The current market price of the Flash II part is $ 900.. The managerial accountant reported the following manufacturing costs and variable expense​ data:
Flash E - Card Manufacturing

Manufacturing Costs and Variable Expense Report

Flash Component (Bold section should be attached to list of expense data below question and solutions.)_If the highest acceptable transfer price is $ 900in the​ market, what is the lowest acceptable in - house price the Data Department should receive to produce the part in - house at the Computer​Department?

A.$ 850
B.$ 200
C.$ 120
D.$ 1,170

Business
1 answer:
Katarina [22]3 years ago
3 0

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

You might be interested in
Why should we hire you? Is this a behavioral, situational,&/or job knowledge/worker requirement interview question
Ivenika [448]

Answer:

It's a behavioral and situational question.

Explanation:

4 0
2 years ago
If management wants the most accurate product cost, which of the following costing methods should be used? a. Volume-based costi
Fynjy0 [20]

<u>1. If management wants the most accurate product cost, which of the following costing methods should be used?</u>

Answer:

c. Activity-based costing

Explanation:

In activity based costing, You only assign cost to a certain products and services based on your actual consumption. This will include indirect cost that might be overlooked by other from of costing methods.

For example, other type of costing might only account the total material or price of the machines when calculating the total cost of creating product. As a matter of fact, this will undervalue the total cost.

You need to calculate the expense that is not directly involved in the production but still necessary for the operation (such as the cost of fixing broken parts,  the cost of daily maintenance, etc). All of these things will be included in activity-based costing.

<u />

<u>2. Which costing method tends to overstate the cost of high-volume products? </u>

Answer:

A. traditional volume based accounting

Explanation

Traditional volume based costing  will calculate all overhead costs (such as salary paid per hour to employees)  and include it to the overall cost of the production without any additional adjustment.

This will cause an overstate in the cost of high-volume products Because longer hours of work does not necessarily translate to proportionate increase in productivity.,

3. Disadvantages of activity-based costing include

Answer:

-It is not acceptable under GAAP for external reporting.

-It can be costly to implement.

Explanation:

GAAP does not accept activity-based costing becasue it overlooked  Organization-sustaining costs that will exist regardless of how much goods the company produce. (For example  Cost of factory security, Cost of electricity for heating and air conditioning and  office administration rent).

Activity based costing can be costly because it need a more precise evaluation of their indirect cost. Which means that they need to hire more experts to specifically pay attention to indirect cost which often time untraceable by common employees.

5 0
3 years ago
The Federal Reserve Bank of the United States is:_________.
Vilka [71]

Answer:

C

Explanation:

4 0
2 years ago
Ramirez Corporation is subject to income tax only in State A. Ramirez generated the following income and deductions. Federal tax
Alborosie

Answer:

a. $495,000

Explanation:

Data provided

Federal taxable income = $500,000

State A income tax expense = $45,000

Depreciation Modification = $300,000, $250,000

The computation of taxable income is shown below:-

Federal taxable income + State A income tax expense - Depreciation Modification

= $500,000 + $45,000 - ($300,000 - $250,000)

= $545,000 - $50,000

= $495,000

8 0
3 years ago
8. Problems and Applications Q8 Social Security benefits are increased each year in proportion to the increase in the CPI, even
oksano4ka [1.4K]

Answer:

  1. False
  2. True

Explanation:

1. Social security benefits are increased each year in proportion to an increase in CPI which measures inflation. This CPI is based on a market basket that most people use. If the social security benefits that the elderly get rises as the price of the basket rises then Social Security would not provide a decrease in their standard of living but would rather leave it unchanged so this answer is <u>FALSE.</u>

2. If Healthcare is said to be rising faster than inflation and elderly people consume more health care then that means that Social security benefits which are based on a inflation are not capturing the rise in living expenses for the elderly appropriately. This means that old people might be worse off. This is therefore <u>TRUE. </u>

6 0
3 years ago
Other questions:
  • A chemical company produces a special industrial chemical that is a blend of three chemical ingredients. The beginning-year cost
    10·1 answer
  • Journalize the transactions.
    11·1 answer
  • Which of the following are good choices for your appearance in an interview?
    9·2 answers
  • Erin Reinhardt and her friend Carol Newman have just arrived in the country Boloni for a summer holiday. While renting a car on
    5·1 answer
  • n the United States, many agricultural products (such as corn, wheat, and rice) are subsidized. What are the benefits of subsidi
    5·1 answer
  • Vaughn Manufacturing can sell all the units it can produce of either Plain or Fancy but not both. Plain has a unit contribution
    13·1 answer
  • If ap sells the toaster ovens for $16 each, how many units will it have to sell to make a profit of $60,000 before taxes?
    14·2 answers
  • On December 15, 19x5, FLM Corporation exchanged 2,000 shares of $10 par value common stock for land. The current market price of
    12·1 answer
  • A company uses the weighted average method for inventory costing. At the beginning of a period the production department had 54,
    10·1 answer
  • Lambda Computer Products competed for and won a contract to produce two prototype units of a new type of computer that is based
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!