anyone good in managerial accounting want to answer some questions??![]()
???![]()
anyone good in managerial accounting want to answer some questions??![]()
???![]()
I'm an accountant... post your question.
Department W had 2,400 units, one- third completed at the beginning of the period. 12,000 units were transferred to Department X from Department W during the period, and 1,800 units were one half completed at the end of the period. What is the total whole units to be assigned cost on the cost of production report for Department W
thx
14500
I don't really have to deal with that kind of questioning in real life though so you might want to double check that...
<-- lost the options i have are 12,000 ,13,600 12,700 or 13,800
****it im gonna fail this take home test
man, i took that class 2 years ago and can't remember jack shyt...good thing that class cost me like 600 bux
actually, i would go with 12000, I believe that the 2/3 of the 2400 (1600) and the half of the 1800 (900) were just thrown in there to throw you off. The 12000 probably includes both of those numbers already so I would go with 12000.Originally Posted by D00fy
I get 14500 also...granted im a finance major, not accounting...but finance relies on accounting so its required i understand the basics...
my only discrepency is the fact that it states 12,000 were transferred, not created. this could mean they came from the last accounting period so they would not be included in the CGS- is there more to this problem?
I come up with 13,600. You have 16,200 total units spoken of. You have to take out of this total the 800 that were completed at the beginning of the period, and the 1800 that were only half complete at the end of the period. so 16,200-800-1,800 = 13,600.
2/3 of 2400 + 12,000 = 13,600
The 1800 units are 1/2 completed but it doesnt say what they're assigned to, so that's the trick.
That's my $0.02
2/3 of 2400 + 12,000 = 13,600
The 1800 units are 1/2 completed but it doesnt say what they're assigned to, so that's the trick.
That's my $0.02
Hey RedBaron, just for the record, what number did you come up with again?
I was wondering the same thing...I thought he said 13,600 but I wanted to be sure. hahahahahahaOriginally Posted by rambo
hahahahahaOriginally Posted by Juggy Snout
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He must have been having server problems. :spudniklu
hahaha.....yep had to make sure that was 13,600, so I was trying to make the number of post matchActually the server was misbehaving big time.....It locked up on me and when I finally came back online I had posts up the wazoo, and it wouldn't let me delete anything to boot!!! Now to see if it will let me clean it up this morning.
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Last edited by RedBaron; 11-10-2004 at 10:10 AM.
Alright fellas, i hope your up for another challenge
If fixed cost are $250,000, the unit selling price is $20, and the unt variable cost are $16, what is the breakeven sales (units if fixed cost are increased by $40,000
?
im using the break even formula Break even sales (units) = Fixed cost/Unit contribution margin??
i dunno
i got 72,500 as my answer
I'm doing this course now
"Managerial and Cost Accounting"
and my answer didn't come out to any of these: "12,000 ,13,600 12,700 or 13,800 "
Looks like i'm gonna fail too
LOL our test are take home:P
da.mn youOriginally Posted by D00fy
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Last edited by *Narkissos*; 11-10-2004 at 05:43 PM.
Originally Posted by D00fy
How about you do your own homework?
250000/4 would be your break even...
if you increase you fixed costs by 40k, 290k/4
that's in dollars... you need to take that and divide by $20. 3625?
wow... I can't remeber any of this ****... ha ha...
Let me try this again.....hopefully I will have only one post this time instead of 72,500![]()
Your answer of 72,500 sounds right...290,000 fixed / 4 per unit profit.
D*** we have some smart bros on here.
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