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Submitted by ronyro on Fri, 2013-06-07 23:16
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Assignment 3: Excel Problems

Assignment 3: Excel Problems

At the end of each module, you will apply the module’s concepts by completing comprehensive assignments from the textbook.

Complete problems P16A-17B (p. 898), P16A-19B (p. 899),  P18-24A (p. 979), P18-26A (p. 980) in your textbook.

Present your analysis of the assigned problems in Excel format. Enter non-numerical responses in the same worksheet using textboxes.

Answer
Submitted by accountguru on Sat, 2014-04-19 05:15
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Cost Accounting_Four questions

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xxxx xxxxxxxxxxxxxxx questions

file1.xlsx preview (466 words)

xxxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxx
Reed Paper xxxx
xxxxxx Units Equivalents xxxxx
xxxxxxxxDirect Labor xxxxxxxxxxxxx xxxxxxxx
Units completed & transferred xxxxx 4,420 4,4204,420
Ending xxxxx xxx 163163xxx
Total5,070 xxxxxxxxxx4,583
Costs xxxxxxxxxxxxxxxxxxxxxxxx
Number xx xxxxxxxxxx unitsxxxxx xxxxx xxxxx
xxxx xxx xxxxxxxxxx unit xxxxxxxxxx $1.36
xxxxx allocated to
Units xxxxxxxxx & transferred4,420 xxxxxxxxxxxxxxxx
xxxxxx xxxxx 163xxxxxxx xxxx
xxxxxx$5,675 xxxx $6,240

P16A-19B

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
1. Draw a xxxx xxxx xxx xxx xxxxxxxxxxx xxxxxxxxxx
Preparation Department
wood xxx into Small xxxxxxxxxxxx xxxxxTransferred xx xxxxxxxxxxx Department
xxxxxxxxxxx to Compression Department
Actual xxxxx Equivalents Units
xxxx Adhesive xxxxxx xxxxxManufacturing xxxxxxxx
xxxxx xxxxxxxxx & transferredxxxxx 1,900 xxxxx 1,900 xxxxx
xxxxxx xxxxx 1,400 630 0 630630
Total xxxxx2,5301,9002,5302,530
Costs xxxxxxxxxxxxxx $1,365 $640 $2,445
Number xx xxxxxxxxxx xxxxx2,530 1,900 2,530 2,530
xxxx per xxxxxxxxxx unit xxxxx xxxxx$0.25 xxxxx
xxxxx allocated to
xxxxx xxxxxxxxx & transferred1,900 xxxxxx xxxxxx xxxx$1,836
xxxxxx xxxxx xxx $647 xxxx$609
xxxxxx $2,600$1,365 xxxxxxxxxx
4. xxxxxxx the xxxxxxx xxxxx to xxxxxx xxx xxxx od sheet xxxxxxxxx and transferred xx the Comprehensive xxxxxxxxxx
xxxxxxx
xxxx xx xxxxxxx x Comprehensive$5,634
xxxx in Process x xxxxxxxxxxx $5,634
xxx xxxxxx transfer xx xxxxxx xxxxxxxxx in preparation xxxxxxxxxxx
Work in xxxxxxx x xxxxxxxxxxx
xxx Material - xxxx $2,600Transfer xx Compression xxxxxxxxxx$5,634
xxx Material x xxxxxxxxx xxxxxxBalance x Ending WIP xxxxxx
Direct xxxxxxxxx
Manufacturing xxxxxxxxxxxxxx
xxxxxx xxxxxx

P18-24A

xxxx
xxxxxxx Productions
xx xxxxxxx revenue xxx variable xxxxx for xxxx show
xxxxxxx
xxxxxx xx xxxxxxxxxxxx
xxxxx per xxxxxx xxx
xxxxx Revenue xxxxxxx
Variable costs
Cast - xxxxxx 70
xxxxxxxx xxx xxxxxxxx

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Answer
Submitted by Engineer Maxw... on Thu, 2015-01-22 11:41
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A++ SOLUTIONS

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xxxxxxx

xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxx xxxxxxx Productions
1) xxxxxxx xxxxxxx xxxx xxx xxxx 1,200
x xxxxx xxx ticket xxx
xxxxx revenue per xxxxx xxxxxx
Direc xxxxx xxxx per show xxx x xxxxxx 21,000
Other xxxxxxxx xxxx xxxxxx x $7)8,400
Total xxxxxxxx cost xxx xxxx $ 29,400
xx xxx x x number xx shows xx break-even
NI = xxxxx x VC(X) x xx
xx x $60,000(X) - $29,400(X) x xxxxxxxx
xx x xxxxxxxxxx x xxxxxxxxxx - xxxxxxxx
xxxxxxxxx x -$459,000
X = xxxxxxxxx / xxxxxxxx
x x 15
3) Required no. of shows xxxxxx xxxx x xxxxxxx profit
Contribution xxxxxx per show
Required no. xx shows =xxxxxxxx + xxxxxxxxxx
$60,000 - $29,400
Required no. xx shows = $4,284,000
xxxxxxx
Required no. xx shows =xxx
This is not xxxxxxxxxx because they xxx only xxxx 120 shows xxx xxxxx
4) British xxxxxxxxxxx
Income xxxxxxxxx
xxx xxx year 2011
xxxxx revenue xxxx x $60,000)x xxxxxxxxx
xxxxx Variable xxxx xxxx x $29,400) xxxxxxxxx
xxxxxxxxxxxx xxxxxx$ 3,672,000
xxxxx Fixed cost459,000
xxx operating income x xxxxxxxxx
P18-26A xxx Time xxxxxxxx xxxxx
1) 1st step, xxxxxxx xxx total xxxxx costs:
Office xxxx $ xxxxx
xxxxxxxxxxxx expense1,500
xxxxxxxxx xxxxxxxxxxxx
xxxxxxx telephone xxxxxxxxxx
xxxxxx xxxxxxxxxx xxxxx
Salary xx xxxxxxxxx plannerxxxxxx
Total monthly fixed xxxxx$ xxxxxx
xxx xxxxx compute xxx xxxxxxxxx revenue xx xxxxxxxx
xxx xxxxxxx in x x Fixed

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