Compute current net income for Cawley Company.
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Cawley Company makes three models of tasers. Information on the three products is given below.
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compute the net income by product line and in total for kollyy company of the company discontinues this done or product line hint I locate the $300,000 common cost to the two remaining part of bryan's based on the relevant sales.
- Lead Time iSounds Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly, final assembly, testing, and shipping. In the PC board assembly operation, a number of individuals are responsible for assembling electronic components into printed circuit boards. Each operator is responsible for soldering components according to a given set of instructions. Operators work on batches of 20 printed circuit boards. Each board requires 5 minutes of board assembly time. After each batch is completed, the operator moves the assembled boards to the final assembly area. This move takes 10 minutes to complete. The final assembly for each stereo unit requires 16 minutes and is also done in batches of 20 units. A batch of 20 stereos is moved into the test building, which is across the street. The move takes 20 minutes. Before conducting the test, the test equipment must be set up for the particular stereo model. The test setup requires 25…19. Janyla Sawmill manufactures two lumber products from a joint milling process. The two products developed are mine support braces (MSB) and unseasoned commercial building lumber (CBL). Aplease answer without image,
- Christie's Co. manufactures cookies. The company has two departments, Mixing and Baking. For the Baking Department, material is added at the beginning of the process. Work happens evenly throughout the process, so Conversion Costs are added evenly to the product. Once mixing is complete, the cookies pieces are immediately transferred to the Baking Department. Once the baking is complete, the final product is transferred to Finished Goods Inventory. Data for the Baking Department is as follows: Units Transfer $ DirectMaterials $ % Complete Conv Costs % Complete Opening WIP 550 $3,500 $2,800 100% $2,100 30% New units & Costs 2,000 $12,300 $8,100 $14,000 Ending WIP 680 ??? 65% Calculate the physical and equivalent units for Transferred-In, Direct Materials and Conversion CostsGladden Dock Company manufactures boat docks on an assembly line. Its costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Finishing Department. This problem focuses on the Assembly Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. The firm uses FIFO method and the controller prepared the following (correct) equivalent unit calculation. Unitscompleted Physical Units Direct Materials Conversion WIP, beginning 70 0 52.5 Started and completed 30 30 30 WIP, ending 10 10 5 Totals 110 40 87.5 Cost per Equiv Unit $4,000 $16,000 Work in process, beginning inventory: Current Costs:Direct materials $140,000 Direct materials $ 160,000Conversion costs $260,000 Conversion…Determine the prime cost & conversion cost of the masks manufactured.
- VishnuA new set of financial managers are hired to Holland Company, a manufacturing-concern entity that produces Product A. The financial managers are now planning the operations for 2022. They are currently doing the sales and production budget of the entity. Upon inspecting the financial records of the entity, they found at that each unit of Product A utilizes three kinds of materials – Material X, Material Y, and Material Z. To produce each unit of Product A, three units of Material X, 2 units of Material Y, and 4 units of Material Z are needed. It also needs 2.5 direct labor hours to manufacture each unit. Factory overhead is applied at 50% of direct labor costs. As the usual practice, the entity is preparing the budget on a quarterly basis. For the 4th quarter of 2021, the entity was able to sell 120000 units of Product A at an average price of P400 per unit. Because the new set of financial managers are confident that the company can do more, they are targeting to increase units sold…The figure below shows two unknown devices, each of which separates (disperses) white light into its spectrum. The positions of the two wavelengths are shown on each screen. Two optical devices that can produce cases A and B (respectively) are Case A ? Case B ? 2.700 nm 2400 nm 2400 nm 2.700 nm OA. a concave mirror and a convex lens B. a ray box and a prism C. a transmission grating and a prism OD. a transmission grating and a ray box
- Devereaux Cycles makes three models of scooter: Commuter, Sport, and X-treme. The scooters are produced in four departments: Assembly, Detailing, Customization, and Packaging. All three models are started in Assembly, where all materials are assembled. The Commuter is then sent to Packaging, where it is packaged and transferred to finished goods inventory. The Sport is then transferred to Detailing. Once the detailing process is completed, the Sport models are transferred to Packaging and then finished goods. The X- Treme model is assembled and then transferred to Customization, and then Packaging. When packaged, it is transferred to finished goods. Data for February are shown in the following table. Conversion costs are allocated based on the number of units processed in each department. No work-in-process inventories are maintained in any department. Materials Conversion costs: Assembly Detailing Customization Packaging Total conversion costs Commuter Sport X-Treme Total $ 3,694,000…Ludmilla Construction Company is composed of two divisions: (1) Home Construction and (2) Commercial Construction. The Home Construction Division is in the process of building 12 houses and the Commercial Construction Division is working on three projects.Required Identify each cost as being a direct or indirect cost, assuming the cost objects are the individual products (houses or projects). Identify each cost as being a direct or indirect cost, assuming the cost objects are the two divisions. Identify each cost as being a direct or indirect cost, assuming the cost object is Ludmilla Construction Company as a whole.Ferdon Watches, Inc., makes four models of watches, Gag-Gift, Commuter, Sport, and Retirement. Ferdon manufactures the watches in four departments: Assembly, Polishing, Special Finishing, and Packaging. All four models are started in Assembly where all material is assembled. The Gag-Gift is transferred to Packaging, where it is packaged and transferred to finished goods inventory. The Commuter and Sport are assembled, then transferred to Polishing. Once the polishing process is completed, they are transferred to Packaging and then finished goods. The Retirement model is assembled and then transferred to Special Finishing, and then Packaging. When packaged, it is transferred to finished goods. Data for October are shown in the following table. Conversion costs are allocated based on the number of units processed in each department. Total Gag-Gift(5,000 units) Commuter(10,000 units) Sport(13,000 units) Retirement(2,000 units) Materials $ 321,000 $ 15,000 $ 90,000…