MGMT 312 Module 1 Problems Solutions (ERAU)
II. Manufacturing statement preparation
Given the following selected account balances of Randa Company, prepare its manufacturing statement for the year ended on December 31, 2013. Include a listing...
MGMT 312 Module 1.5 Assignment Research Paper (ERAU)
It is very important for any company to choose the correct inventory/accounting system. Currently this company is utilizing the periodic system. This paper will review the benefits of...
MGMT 312 Module 2 Problems Solutions (ERAU)
I. Terminology in process cost accounting
Match each of the following items A through G with the best numbered description of its purpose.
II. Equivalent units computed – weighted...
MGMT 312 Module 2.4 Assignment Research Paper (ERAU)
It is important as an accounted to understand the company and the product(s) the company develops. Without an understanding of the processes then an accounted could miss changes in cost or...
MGMT 312 Module 3 Problems Solutions (ERAU)
I. Compute plantwide overhead rates
II. Using the plantwide overhead rate to assess prices
III. Using ABC for strategic decisions
IIII. Using ABC in a service company
V. Evaluating product line costs and...
MGMT 312 Module 3.5 Research Exercise (ERAU)
MGMT 312 Module 4 Problems Solutions (ERAU)
I. Cost behavior defined
II. Contribution margin and breakeven
IIII. CVP analysis using composite units
V. CVP analysis using weighted-average contribution margin
VI. Contribution margin income statement...
MGMT 312 Module 5 Problems Solutions (ERAU)
I. Absorption costing and over-production
II. Computing contribution margin
III. Computing unit cost under absorption costing
IIII. Production level, absorption costing, and gross margin
MGMT 312 Module 5.4 Research Exercise (ERAU)
MGMT 312 Module 6 Case Study (ERAU)
Using the information in the above document, prepare a master budget for each of the first three months of 2014, include the following component budgets (show supporting calculations as needed, and round amounts to...
MGMT 312 Module 6 Problems Solutions (ERAU)
I. Preparation of merchandise purchases budgets (for three periods)
Formworks Company prepares monthly budgets. The current budget plans for a September ending inventory of 15,000 units...
MGMT 312 Module 7 Problems Solutions (ERAU)
I. Preparation of flexible budgets
Mesa Company’s fixed budget for the first quarter of calendar year 2011 reveals the following. Prepare flexible budgets, following the format of Exhibit 8.3,...