ACCY 630 – Spring 2016 Individual Case Case #5 Johnson Beverage Inc. XIAO ZHANG Assignment: 1. Use the information in case Exhibits 1 and 2 and other necessary data in the case on activities and costs to develop an activity-based cost system for JBI to use to determine customer profitability. Use this system to estimate customer profitability for Saver Superstore
Words: 844 - Pages: 4
Name: __________________________ Date: _____________ 1.|Which one of the following sets includes only financial budgets?| || || C)|Budgeted balance sheet and the cash budget| || 2.|Farley Company reported the following information for 2006: | September| October| November| December| January||| | Budgeted sales| $240,000| $310,000| $290,000| $360,000| $200,000||| | Budgeted purchases| $90,000| $120,000| $128,000| $144,000| $88,000 ||| | •| All sales
Words: 703 - Pages: 3
Subject Name: Measurement and Decision Making Assessment Title: Written Assignment 2 Weighting: 30% (Assessable value) (20% Part A and 10% Part B) Total Marks: 40 marks for Part A (will be weighted down to 20 marks) 10 marks for Part B Due Date: 15 February 2016 by 11:59 PM (AEDT). Adelaide and Brisbane students please allow for time difference. . Assessment Description . Submission: The assignment will need to be submitted electronically through the student
Words: 1256 - Pages: 6
“B” to an “A” journal. Please complete a separate form relating to each journal for which you wish to make a submission of this type. Journal Title: MALAYSIAN ACCOUNTING REVIEW QC1. FIELD of RESEARCH (FoR) PANEL to which this request is directed (tick one box only): 0806 Information Systems 1401-1499 Economics 1501 Accounting 1502 Finance 1503 Management 1504-07 Marketing/Tourism/Logistics 180105/1801025 Business and Taxation Law QC2. WHAT ABDC 2013 RATING DO YOU PROPOSE
Words: 3679 - Pages: 15
S. Truett Cathy was a successful entrepreneur almost from birth. He started by selling Coca-Cola door to door, then magazines and newspapers, before finally entering the restaurant business. Several successful years later, he began working on a chicken sandwich for his restaurants and customer response was so great that Cathy knew he was on to something special. Cathy initially wanted to license the sales of the product to other restaurants, but saw that it could created quality control issues and
Words: 713 - Pages: 3
------------------------------------------------- Question 1 Question 1 1. | | | Arwin Company’s production budget is as follows: Budgeted sales in units | 200,000 | Desired units in inventory, December 31 | 35,000 | | 235,000 | Estimated units in inventory, January 1 | 25,000 | Budgeted units of production | 210,000 | | | Each unit takes 20 minutes to produce and the standard labor rate is $15 per labor hour. What is Arwin’s direct labor budget? Answer | | |
Words: 2838 - Pages: 12
Problem 9-40 (60 minutes) 1. Sales budget for 20x0: | | | | | Units | Price | Total | Light coils | 60,000 | $120 | $ 7,200,000 | Heavy coils | 40,000 | 170 | 6,800,000 | Projected sales | | | $14,000,000 | 2. | Production budget (in units) for 20x0: | | | Light Coils | Heavy Coils | Projected sales | 60,000
Words: 933 - Pages: 4
Question 1 For an activity base to be useful in cost behavior analysis, A. the activity should always be stated in dollars. B. the activity level should be constant over a period of time. C. the activity should always be stated in terms of units. D. there should be a correlation between changes in the level of activity and changes in costs. 0.5 points Question 2 A variable cost is a cost that A. varies in total in
Words: 972 - Pages: 4
Exercise 3-1B N = Number of units to break-even Sales − Variable cost − Fixed cost = Profit (Sales price x N) − (Variable cost per unit x N) = Fixed cost + Profit (Contribution margin per unit x N) = Fixed cost + Profit N = (Fixed cost + Profit) ÷ Contribution margin per unit N = ($750,000 + $200,000) ÷ ($57 − $32) = 30,000 units Break-even dollars = $57 x 30,000 units = $1,710,000 b. N = ($750,000 + 21,000) ÷ ($57 − $32) = 38,000 units Sales in $ = $57 x 38,000 = $2,166,000 Exercise 3-2B N = Number
Words: 3122 - Pages: 13
Accounting Horizons Vol. 26, No. 1 2012 pp. 125–133 American Accounting Association DOI: 10.2308/acch-50087 COMMENTARY Some Conceptual Tensions in Financial Reporting American Accounting Association’s Financial Accounting Standards Committee (FASC) Yuri Biondi, Jonathan Glover, Karim Jamal (Chair and principal co-author), James A. Ohlson, Stephen H. Penman, Shyam Sunder (invited principal co-author), and Eiko Tsujiyama SYNOPSIS: We examine four key conceptual tensions that are at the heart
Words: 4883 - Pages: 20
