Productb) Chocfee Dairy Ltd gathered this data for two of itsCurrent SalesAdditionalProcessingValueSales Value ifCostsCoffee beans $ 8.000000Chocolate malt $ 5.000000Processed Further$ 3.000products that it produces:$ 2 000Required:Which of the products should be processedfurther?ANSWER b):$10$7

Decision making analysis is one of the analysis made in order to judge certain things and make…

Product b) Chocfee Dairy Ltd gathered this data for two of its Current Sales Additional Processing Value Sales Value if Costs Coffee beans 000 $8.000 products that it produces: Chocolate malt $5.000 000 Processed Further $3.000 $ 2 000 Required: Which of the products should be processed further? ANSWER b): $10 $7

Product b) Chocfee Dairy Ltd gathered this data for two of its Current Sales Additional Processing Value Sales Value if Costs Coffee beans 000 $8.000 products that it produces: Chocolate malt $5.000 000 Processed Further $3.000 $ 2 000 Required: Which of the products should be processed further? ANSWER b): $10 $7

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Marigold Company gathered the following data about the three products that it produces: Product PresentSales Value Estimated AdditionalProcessing Costs Estimated Salesif Processed Further A $10400 $7200 $18600 B 12400 4200 15600 C 9400 2200 13600 Which of the products should not be processed further? a. Product C b. Products A and C c. Product B d. Product A
Jordan Cameras, Incorporated manufactures two models of cameras. Model ZM has a zoom lens; Model DS has a fixed lens. Jordan uses an activity-based costing system. The following are the relevant cost data for the previous month: Direct Cost per Unit Direct materials Direct labor Category Unit level Batch level Product level Facility level Total Estimated Cost $ 25,960 49,920 90,000 180,000 $ 345,880 Model ZM $ 20.70 29.40 Cost Driver Model DS $7.00 9.00 Number of units Number of setups Number of TV commercials Number of machine hours Amount of Cost Driver ZM: 2,500 units; DS: 9,300 units ZM: 26 setups; DS: 26 setups ZM: 14; DS: 11 ZM: 300 hours; DS: 600 hours Jordan's facility has the capacity to operate 2,700 machine hours per month. Required a. Compute the cost per unit for each product. b. The current market price for products comparable to Model ZM is $118 and for DS is $68. If Jordan sold all of its products at the market prices, what was its profit or loss for the previous month?…
9. Ralston Dairy gathered this data about the two products that it produces: Product Current Sales Value Estimated Added Processing Cost Sales Value If Processed Further Frozen yogurt $8,000 $2,000 $11,000 Ice Cream 12,000 7,000 18,000 PLEASE NOTE: All dollar amounts are rounded to whole dollars and shown with "$" and commas as needed (i.e. $12,345). If needed, a Net Loss or decrease will be shown in whole dollars with "$" and parentheses - ($12,345). If processed further, what is the Frozen Yogurt's incremental profit or loss? If processed further, what is the Ice Cream's incremental profit or loss? Which of the products should be processed further? . Please note: Your answer is either "Frozen Yogurt" or "Ice Cream" - capital first letters and no quotes.
Ralston Dairy gathered this data about the two products that it produces: Products Current SalesValue Estimated AddedProcessing Costs Sales Value IfProcessing Further Frozen yogurt $8,000 $1,900 $11,100 Ice cream 12,100 6,900 18,000 Which of the products should be processed further? _____ because profits _____ $_____
The company has these parties of goods on hand: 10x1.000 TL; 20x900 TL; 10x800 TL; 10x700 TL. If 35 items are sold with 20% profit margin (COGS +20% Profit), what is COGS and Sales Revenue in LIFO? a. COGS: 28.500 TL; Sales Revenue: 34.200 TL O b. COGS: 14.500 TL; Sales Revenue: 17.400 TL c. COGS: 11.000 TL; Sales Revenue: 13.200 TL O d. COGS: 32.000 TL; Sales Revenue: 38.400 TL
Ralston Dairy gathered this data about the two products that it produces: Products Current SalesValue Estimated AddedProcessing Costs Sales Value IfProcessing Further Frozen yogurt $8,200 $2,100 $11,300 Ice cream 12,100 7,100 18,400 Which of the products should be processed further? Frozen Yougurt because profit increase by $???
16)
Mountain Air Coffee purchases green coffee beans from various suppliers and then roasts the coffee beans in its roasting facility. (Click the icon to view the manufacturing information.) Read the r Requireme First, selec 15-pound d Direct mat More info The roasted beans are sold in 15-pound cases to grocery stores and restaurants for $85 per case. Each case of roasted coffee beans requires 25 pounds of unroasted green coffee beans. The company can purchase the green coffee beans, including freight-ih and purchase discounts, for $2.50 per pound. Each case of roasted coffee beans requires 0.10 hours of direct labor in the production process. Direct laborers are paid $19 per hour, which includes payroll taxes and employee benefits. The company uses machine hours to allocate its manufacturing overhead. Each case of roasted coffee beans requires 0.20 machine hours to produce. The company expects to produce 750,000 cases of roasted coffee beans in the upcoming year. At this production…
help me with fill in the space with the answer for question A,B plz and thanks
Q.Use the ABC system to prepare a product-line profitability report for FS.
Cleveland Foods Data Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 12 (1 point) □ What is the unit contribution of BlueLiq, considering the given information? $0.70 $2.50 $ 1.00 $1.70 $ $ J 0 20% Retail Margin 2.50 Price to consumers (Retail Price) 15% Wholesale Margin 2.00 Price to retailers (Wholesale Price) $ 1.70 Price to Wholesalers Variable Costs $ 0.70 per unit Fixed Costs Variable Manufacturing Costs $300,000 annual $200,000 Corporate Overhead $250,000 Marketing and Advertising $750,000 Total Fixed Costs Cleveland Foods Data Fixed Manufacturing Costs Note: You can download the Excel file containing Cleveland Foods' data by clicking the above link and perform the necessary calculations for answering the upcoming questions. Question 11 (1 point). Listen 4 What is the price at which Cleveland Foods sells BlueLiq to wholesalers? $1.70 $2.50 $1.00
Please answer 4 to 7 with computations.