Accounting homework help

Question 3
Lewitt PLC has asked for your help in designing their new costing system. You have
ascertained that they have two direct production departments: manufacturing and finishing,
and two production overhead departments: stores and canteen.

The allocated costs in the period are budgeted to be:
Manufacturing £360,000 Stores £120,000
Finishing £320,000 Canteen £30,000
Costs to be apportioned:
Rent on basis of floor area £26,000
Machine depreciation on basis of original cost of machinery £60,000
Management time on basis of time spent in each dept. £120,000

Question 12

You are employed as the assistant accountant in the widgets division of Gregson PLC.

Set out below is the operating statement for the division.

Original Flexed Actual Total Price Efficiency
Budget Budget Results Variance Variables Variances

Units sold 208,000 316,800 316,800 0
Materials consumed 864,000kgs 950,400kgs 760,320kgs 190,080kgs
Direct labour hrs 28,800 31,680 33,264 (1,584)

£ £ £ £ £ £
Sales revenue 1,152,000 1,267,200 1,191,168 (76,032) (76,032)
Variable costs
Materials 648,000 712,800 608,256 104,544 (38,016) (142,560)

prepare a Narrated PowerPoint presentation of at least 8 slides, which highlights the major points of your summary. The narration should be about 3-5 minutes long. Paste the summary into the message area and attach your PowerPoint presentation to the message.

Attachments

Files: 

need_a_tune-up.pdf

I ONLY NEED E F and G. ALL OTHER SECTIONS I HAVE COMPLETED CORRECTLY.

ALL ANSWERS THUS FAR HAVE BEEN INCORRECT!!!!!

Springfield Express is a luxury passenger carrier in Texas. All seats are first class, and the following data are available:

Number of seats per passenger train car 90
Average load factor (percentage of seats filled) 70%
Average full passenger fare $160
Average variable cost per passenger $70
Fixed operating cost per month $3,150,000

Attachments

Files: 

case_study_2_week_3_guidance.doc

case_study_2_week_3-instructions.doc

Accounting 201: 4 chapters, mostly two 15 question tests per chapter, total pay $50
If you are not familiar with accounting please do not respond, I need a 90% or higher for the tests, thank you!

Test question EXAMPLE
When merchandise is needed, a department manager must inform the purchasing department of this need by preparing and signing a purchase requisition, which lists the merchandise needed and requests that it be purchased.
True or False