Management Accounting Homework 192021222324 Name Prof

Management Accounting Homework 192021222324name Profe

Management Accounting: Homework {19,20,21,22,23,24} Name Professor Hanae Benaly Ex1: A company reports the following information regarding its production cost: Units produced 22,000 units Direct labor $31 per unit Direct materials $27 per unit Variable overhead ? in total Fixed overhead $2,750,000 in total Required: Perform the following independent calculations. a. Compute total variable overhead cost if the production cost per unit under variable costing is $240. b. Compute total variable overhead cost if the production cost per unit under absorption costing is $240. Ex2: Stonehenge Inc., a manufacturer of landscaping blocks, began operations on April 1 of the current year. During this time, the company produced 750,000 units and sold 720,000 units at a sales price of $9 per unit. Cost information for this period is shown in the following table: Production costs Direct materials $1.80 per unit Direct labor $.30 per unit Variable overhead $496,000 in total Fixed overhead $450,000 in total Non production costs Variable selling and administrative $18,000 in total Fixed selling and administrative $53,000 in total a. Prepare Stonehenge's December 31st income statement for the current year under absorption costing. b. Prepare Stonehenge's December 31st income statement for the current year under variable costing. Ex 3: Dado, Inc. is preparing its budget for the second quarter. The following sales data have been forecasted: April May June July Aug. Unit sales……………….. Additional information follows: Inventory on March 31: 192 Units Desired ending inventory each month: 30% of next month's sales Prepare a merchandise purchases budget for the total units to be purchased in the months of April, May, and June, as well as the total unit purchases for entire the quarter. Ex4: Lafayette Company's experience shows that 20% of its sales are for cash and 80% are on credit. An analysis of credit sales shows that 50% are collected in the month following the sale, 45% are collected in the second month, and 5% prove to be uncollectible. Calculate the following. Show all calculations! Ex5: Anniston Co. planned to produce and sell 40,000 units. At that volume level, variable costs are determined to be $320,000 and fixed costs are $30,000. The planned selling price is $10 per unit. Anniston actually produced and sold 42,000 units. Using a contribution margin format: (a) Prepare a fixed budget income statement for the planned level of sales and production. (b) Prepare a flexible budget income statement for the actual level of sales and production. Ex 6: Engineworks Co. provides the following fixed budget data for the year: Required: Prepare a flexible budget performance report for the year using the contribution margin format. Ex 7: City Park College allocates administrative costs to its teaching departments based on the number of students enrolled, while maintenance and utilities are allocated based on square feet of classrooms. Based on the information below, what is the total amount of expenses allocated to each department (rounded to the nearest dollar) if administrative costs for the college were $180,000, maintenance expenses were $70,000, and utilities were $85,000? Teaching Size of Department Students Classroom Electronics sq. ft. Automotive sq. ft. Computers 429 1,200 sq. ft. Plumbing 78 150 sq. ft. Ex8: A company has just received a special, one-time order for 1,000 units. Producing the order will have no effect on the production and sales of other units. The buyer’s name will be stamped on each unit, at a cost of $1.50 per unit. Normal cost data, excluding stamping, follows: Direct materials…………………………… $ 10 per unit Direct labor……………………………….. 16 per unit Variable overhead………………………… 4 per unit Allocated fixed overhead…………………. 12 per unit Allocated fixed selling expense…………… 8 per unit Prepare an analysis that indicates the selling price per unit this company will require to earn $3,000 on the order. Ex9: A company is considering two alternative investment opportunities, each of which requires an initial cash outlay of $110,000. The expected net cash flows from the two projects follow: Project A Project Z Year 1 $ 30,000 $ 44,000 Year ,,000 Year ,,000 Totals $144,000 $144,000 Required: (1) Based on a comparison of their net present values, and assuming the same discount rate greater than zero is required for both projects, which project is the better investment? (2) Use the table values below to find the net present value of the cash flows associated with Project A, discounted at 12%: Periods Present value of 1 at 12% 1………………. 0.………………. 0.………………. 0.7118 Ex10 A company produces two boat models, Flyer and Skimmer. Both products are being considered for major investment projects next year. Relevant data follow: Flyer Skimmer New investment ……………….. $424,000 $380,000 Expected 3-year net cash flows: Year 1 150,,000 Year 2 160,,000 Year 3 170,,000 Required: Use the payback period to evaluate these two investment projects. Title ABC/123 Version X 1 HR Ethics Scenarios Worksheet HRM/300 Version University of Phoenix Material HR Ethics Scenarios Worksheet Answer the following questions for each corresponding scenario. (Each scenario should be answered in no more than 350 words) 1. The HR Director is having lunch outside the office. She hears a competitor talking about a significant change in their business that could affect the performance of her own firm. What is HR’s ethical duty? Explain why this may fall under corporate responsibility and insider trading. 2. The head of HR refers a family member to a department head for consideration in a “unposted†job. What do you do? Explain this in the context of the corporate responsibility or conflict of interest. 3. You just started your new job as the Director of HR for a government contractor. After being there for a few weeks, you notice that employees are being periodically drug tested. However, the tests don’t appear random and tend to focus on one specific group. Why is it important to investigate and resolve the issue immediately? What should the investigation include? Does the Drug Free Workplace Act apply here? 4. The manager at one of your locations calls you and wants to terminate an employee for having religious quotes in his desk area. The area is located in the back room and no one but that person has access to the room. Do you make the person remove them? Why or why not? Can the employee file a lawsuit under the Civil Rights Act, Title VII (1964)? Why or why not? Explain why the manager might not have a case for making the employee take the quotes down.