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- Malander Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During November, the kennel budgeted for 3,400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Actual results for November: Fixed element per month $0 $ 2,700 500 9,600 6,600 $ 19,400 $ 90,470 $ 20,606 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses The food and supplies in the flexible budget for November would be closest to: Variable element per tenant-day $28.00 $ 5.40 10.20 3.30 0.20 $ 19.10 $ 35,838 $ 20,857 $ 7,518Gross profit ACCT101 FEX_20 1 2 Male 18 Sales less sales discounts less sales returns and allowances equals: e18 18c83 Gross profit a. Net income 95ab b. C. Net purchases 95abe18ce 33 d. Net sales 95a18ce33 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 95abe18ce33 MacBook Pro 95abe18c 000 F4 F5 F6 50 F7 R 6 7 DII F8 DD T F9 8A と 20 F10 U F11 **** G [ P 1 60 3 4Republic Industries decides to price delivery services according to the results of a recent activity-based costing (ABC) study. The study indicates Republic should charge $8 per order, 3% of annual order value for general delivery costs, $1.40 per item, and $30 for delivery. A year later, Republic collected the following information for two of its best customers: Cost driver Number of orders Number of deliveries Total number of items Annual order value Customer C Customer D 17 8 10 10 2,200 $195,000 4,400 $70,000 What are the total delivery costs charged to Customer C during the year?
- Chapter 7 R E V I E W Write the letter of the best answer to each question. Find the original price for a kitchen table and chairs selling for $799.99 at 40% off. Round to the nearest dollar. A $800.00 B $1,120.00 C $1,333.00 D $2,000.00Reamer Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. The Corporation has provided the following estimated costs for next year: Direct materials Direct labor Sales commissions Salary of production supervisor Indirect materials Advertising expense Rent on factory equipment $ 1,000 $ 3,000 $ 4,000 $ 2,000 $ 400 $ 800 $ 1,000 Reamer estimates that 500 direct labor-hours and 1,000 machine-hours will be worked during the year. The predetermined overhead rate per hour will be:Question 14 of 15. Net Sales = $145,347 Employee Meals $1,923 Discounts $221 Coupons/Promotions-$988 What is the Gross Sales? O$138.588 O$140,156 O$145.224 O$148 479 Mark for follow up
- EC 3 Question 3 Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $331,000 a year in fixed expenses. Assume that it sells 3 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut. DOUGHNUT TYPE SALES PRICE VARIABLE COST Glazed $0.40 $0.29 Jelly $0.52 $0.49 Cake $0.47 $0.29 (a) How many doughnuts of each type will be sold at the breakeven point? (Round intermediate calculations and final answers for the number of doughnuts to the nearest whole, e.g. 5,275.) Jelly doughnuts Cake doughnuts Glazed doughnuts b. What amount of revenue would need to be generated by each type of doughnut for the company to earn $74,100 in operating income?Glew Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Cost per Unit $ 6.00 $ 3.35 $ 1.75 $ 1.00 $ 0.40 Cost per Period $ 8,800 Variable administrative expense Fixed selling and administrative expense $ 4,000 If 3,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:Multiple Choice $26.75 $12.80 $30.05 $24.50
