MANAGERIAL ACCOUNTING F/..(LL)-W/ACCESS
MANAGERIAL ACCOUNTING F/..(LL)-W/ACCESS
5th Edition
ISBN: 9781260696318
Author: Noreen
Publisher: MCG
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Chapter 11, Problem 11.13E

1

To determine

Compute the company’s return on investments

Introduction: Return on investments is difference between cost of investment and net profit. It is also performance measure which evaluates the efficiency of the investment made. It is even used in comparing the efficiency of difference between investments.

2

To determine

Company’s ROI if there is no increase in the average operating assets.

Introduction: Return on investments is difference between cost of investment and net profit. It is also performance measure which evaluates the efficiency of the investment made. It is even used in comparing the efficiency of difference between investments.

3.

To determine

If sales is increased and it results in increase in net operating income then new ROI of company.

Introduction: Return on investments is difference between cost of investment and net profit. It is also performance measure which evaluates the efficiency of the investment made. It is even used in comparing the efficiency of difference between investments.

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Assume 550 units were worked on during a period in which a total of 500 good units were completed. Normal spoilage consisted of 30 units; abnormal spoilage, 20 units. Total production costs were $2,200. The company accounts for abnormal spoilage separately on the income statement as loss due to abnormal spoilage. Normal spoilage is not accounted for separately. What is the cost of the good units produced?
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Question-Accounting: During its first year of operations, Gautam Company paid $12,385 for direct materials and $10,600 for production workers' wages. Lease payments and utilities on the production facilities amounted to $9,600 while general, selling, and administrative expenses totaled $3,900. The company produced 6,650 units and sold 4,100 units at a price of $7.40 a unit. What is the amount of gross margin for the first year?
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