Monthly Archives: October 2014

MGT 230 Final Exam – Planning involves which of the following

1) Planning involves which of the following? A. Analyzing current situations B. Determining rewards for goals achievement C. Motivating employees D. Implementing necessary changes 2) _______ is specifying the goals to be mgt 230 final exam achieved and deciding in … Continue reading

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Timeless Timepieces produces and sells watches

Timeless Timepieces produces and sells watches. The following data are available for various activies within the company: Calculate the overhead rates for each of the three activities Activity Allocation Base Number of Activities Overhead Cost Unpacking Number of boxes unpacked … Continue reading

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Miller Metal Co. makes a single product that sells for $32 per unit

Miller Metal Co. makes a single product that sells for $32 per unit. Variable costs are $20.80 per unit, and fixed costs total $47,600 per month. A. Calculate the number of units that must be sold each month for the … Continue reading

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Northwood Company manufactures basketballs

Northwood Company manufactures basketballs. The company has a ball that sells for $42. At present, the ball is manufactured in a small plant that relies heavily on direct labor workers. Thus, variable expenses are high, totaling $25.20 per ball, of … Continue reading

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Fama’s Llamas has a weighted average cost of capital of 9.3 percent

Fama’s Llamas has a weighted average cost of capital of 9.3 percent. The company’s cost of equity is 13 percent, and its pretax cost of debt is 7.3 percent. The tax rate is 40 percent. What is the company’s target … Continue reading

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Bird Leasing, Inc. leased equipment to George Corporation, on jan 1, 2013

Bird Leasing, Inc. leased equipment to George Corporation, on jan 1, 2013. The terms of the lease are as follows. THe lase requires four equal payments of $175,000, with the first payment made at the signing of the lease on … Continue reading

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Montell Inc. produces a variety of outdoor equipment products and utilizes

Montell Inc. produces a variety of outdoor equipment products and utilizes a proccess costing system. The follwing information was provided by the accounting department as of March 31, 2014: a. Units started during the month of March totaled 314,000. b. … Continue reading

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Coffeeberry Company manufactures a variety of coffee and utilizes a process costing system

Coffeeberry Company manufactures a variety of coffee and utilizes a process costing system. The following information was provided by the accounting department as of May 31, 2014: a. Units started during the month of May, totaled 40,000 b. Units partially … Continue reading

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Turkey Products Inc. uses a process costing system and has just completed production

Turkey Products Inc. uses a process costing system and has just completed production for the month of November 2014. The following production data were obtained from accounting records: a. Units in the beginning inventory totaled 6,800 and were 30 percent … Continue reading

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Tiger Furnishings produces two models of cabinets

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator Total   Units produced 1,420 440 1,860   Machine-hours 3,300 2,700 6,000   Direct labor-hours 2,900 3,300 … Continue reading

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