Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

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Answer 1

Question

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

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Answer 2

Question

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

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Answer 3

Question

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

Expert Solution & Answer

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Answer 4

Question

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

Expert Solution & Answer

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Answer 5

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

Answer 6

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

Answer 7

Chapter 5, Problem 58P

1.

To determine

Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

Answer 8

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

Answer 9

2.a.

To determine

Calculate the revised material handling costs to be allocated on a per purchase order basis.

Answer 10

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

Answer 11

b.

To determine

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

Answer 12

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

Answer 13

3.

To determine

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

Answer 14

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

Answer 15

4.

To determine

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

Answer 16

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

Answer 17

5.a.

To determine

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

Answer 18

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

Answer 19

b.

To determine

Identify the several steps that Person L could take to resolve the ethical conflict.

Answer 20

Expert Solution & Answer

Answer 21

Expert Solution & Answer

Answer 22

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Answer 23

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Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

Solution Summary: The author calculates the material handling rate that would have been used by Person K's predecessor at Industries NA.

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Calculate the material handling rate that would have been used by Person K’s predecessor at Industries NA.

Calculate the revised material handling costs to be allocated on a per purchase order basis.

Discuss the reason behind purchase orders might be a more reliable cost driver than the dollar amount of direct material.

Calculate the change in material handling cost applied to government contracts by NAI as a result of the new cost assignment approach.

Prepare a forecast of the cumulative dollar impact over a three year period from 20X1 through 20X3 of Person K’s recommended change for allocating material handling department costs to the Government contracts unit.

Discuss the reason for Person K has an ethical conflict related to the standards of ethical conduct for management accountants.

Identify the several steps that Person L could take to resolve the ethical conflict.

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Chapter 5 Solutions