The Crazy Hair Salon provides specialoccasion haircuts and .pdf

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The Crazy Hair Salon provides special-occasion haircuts and generates average revenue of $60 per customer. The salon's fixed costs are $45,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $21.00 per customer. Target operating profit for the year is $100,000. Do not enter dollar signs or commas in the input boxes. a) Calculate the revenues needed to obtain the target operating profit. Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number. CM ratio: Required CM: $ Revenue: 5 b) How many haircuts have to be provided to earn an operating profit of $63,000 ? To break-even? Round up to the nearest whole unit, BEP: Haircuts to yield $63,000 : c) Calculate the operating profit if 3,000 haircuts are provided. Round to the nearest whole number. Operating Profit:.

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PAGE 2 Accounting Midterm Exam Be sure to show your work clearly for partial credit. The point breakdown is as follows: Multiple choice (30 @ 2 points) 60.0 points Problem 1 15.0 points Problem 2 10.0 points Problem 3 15.0 points Total 100.0 points Name:_____________________________ I have complied with the University’s honor code, which requires that I do my own work and not give or receive assistance on this examination. Revealing information to (or soliciting from) students is a violation of the honor code. Signed: _____________________________ MULTIPLE CHOICE Select the best answer to each question by circling your answer. 1. Midwest Motors manufactures automobiles. Which of the following would not be considered direct materials by the company? A) Sheet metal used in automobile’s body. B) Tires. C) Interior leather. D) CD Player. E) Wheel lubricant. 2. Which of the following is a product cost? A) Glass in an automobile B) Advertising C) The salary of the vice president D) Insurance for factory building. 3. The corporate controller's salary would be considered a(n): A) manufacturing cost. B) product cost. C) administrative cost. D) selling expense. 4. Manufacturing overhead: A) can be either a variable cost or a fixed cost. B) includes the costs of advertising. C) includes all factory labor costs. D) includes all fixed costs. 5. Which one of the following costs should NOT be considered an indirect cost of serving a particular customer at a Dairy Queen fast food outlet? A) the cost of the hamburger patty in the burger they ordered. B) the wages of the employee who takes the customer's order. C) the cost of heating and lighting the kitchen. D) the salary of the outlet's manager. 6. Which of the following statements represents a similarity between financial and managerial accounting? A) Both are useful in providing information for external users. B) Both are governed by GAAP. C) Both draw upon an organization’s accounting system. D) Both rely heavily on published financial statements. 7. The accounting records of Hill Corporation revealed the following selected costs: Sales commissions, $40,000; plant supervision, $94,000; and administrative expenses, $185,000. Hill's period costs total: A) $40,000. B) $94,000. C) $185,000. D) $225,000. E) $319,000. 8. An employee accidentally overstated the year's advertising expense by $50,000. Which of the following correctly depicts the effect of this error? A) Cost of goods manufactured will be overstated by $50,000. B) Cost of goods sold will be overstated by $50,000. C) Both cost of goods manufactured and cost of goods sold will be overstated by $50,000. D) None of the above. 9. If there is a change in the level of the number of units produced: A) fixed costs per unit will be the same and variable costs per unit will change. B) fixed and variable costs per unit will change. C) fixed and va.

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Q1Flinders Company has two service departments, Factory Administration and Maintenance, and two operating departments. Selected information relating to these departments is given below:Service DepartmentsOperating DepartmentsFactoryMaintenanceXYAdministration Departmental costs$ 119,700 $ 63,940 $ 723,000 $ 623,000 Number of employees6 4 40 70 Total labor hours3,200 5,200 70,000 70,000 The company allocates service department costs by the step-down method. Factory Administration costs are allocated first on the basis of number of employees, and then Maintenance costs are allocated on the basis of total labor hours.Service DepartmentsOperating DepartmentsFactory AdministrationMaintenanceXY Departmental costs$ $ $ $ Allocations: Factory Administration Maintenance Total costs after allocations$ $ $ $ Q2Tajiri Corporation uses customers served as its measure of activity. The following report compares the planning budget to the actual operating results for the month of May:Tajiri CorporationComparison of Planning Budget to Actual ResultsFor the Month Ended May 31PlanningActualVariancesBudgetResults Customers served39,000 40,000 Revenue (3.40q)$132,600 $136,500 $3,900 F Expenses: Wages and salaries ($23,900 + $1.29q)74,210 75,500 1,290 U Supplies ($0.69q)26,910 24,210 2,700 F Insurance ($5,800)5,800 5,800 0 Miscellaneous ($4,800 + $.38q)19,620 16,920 2,700 F Total expense126,540 122,430 4,110 F Net operating income$6,060 $14,070 $8,010 FRequired:1Complete the company's flexible budget performance report for May. Label each variance as favorable (F) or unfavorable (U). (Input all amounts as positive values. Leave no cells blank - be certain to enter "0" wherever required. Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Omit the "$" sign in your response.)Tajiri CorporationFlexible Budget Performance Report Part 1 & 2For the Month Ended May 31Planning BudgetActivity VariancesU/F/NoneFlexible BudgetRevenue and Spending VariancesU/F/NoneActual Results Customers served39,000 40,000 Revenue$132,600 $$ $$136,500 Expenses: Wages and salaries74,210 75,500 Supplies26,910 24,210 Insurance5,800 5,800 Miscellaneous19,620 16,920 Total expense126,540 122,430 Net operating income$6,060 $$ $$14,070 Q3“I can’t understand what’s happening here,” said Mike Holt, president of Severson Products, Inc. “We always seem to bid too high on jobs that require a lot of labor time in the Finishing Department, and we always seem to get every job we bid on that requires a lot of machine time in the Milling Department.Yet we don’t seem to be making much money on those Milling Department jobs. I wonder if the problem is in our overhead rates.” Severson Products manufactures high-quality wood products to customers’ specifications. Some jobs take a large amount of machine work in t ...

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Cash Conversion CycleCash Conversion Cycle(a)Enter figures belowInventory Conversion Period64daysAverage Collection Period28daysPayables Deferral Period41daysCash Conversion Cycle51days(b)Annual Sales$ 2,578,235.00divided into 365 days365daysAverage Sales per Day$ 7,063.6575Average Collection Period28daysInvestment in Receivables$ 197,782.41(c) Step 1: Inventory BalanceAnnual Sales$ 2,578,235.00Cost of Goods Sold75%percent of salesdivided into 365 days365daysInventory Conversion Period64days$ 5,297.74Inventory$ 339,055.56Step 2: Inventory Turnover RatioAnnual Sales$ 2,578,235.00Inventory$ 339,055.56Turnover Ratio7.60times a year(d)Competitor A88days54days30days112daysCompetitor B90days44days30days104days Additional Funds NeededAdditional Funds NeededLast year's Sales$ 5,000,000Sales to Increase (in percent)20%Total Liabilities and Equity = Assets$ 3,000,000Accounts Payable$ 300,000Notes Payable$ 600,000Accrued Liability$ 300,000Profit Margin3%Retained30%Required increase in Assets$ 600,000Spontaneous increase in Payables and Accruals$ 120,000Increase in Retained Earnings$ 54,000Assets/Sales60%Next year's Sales (forecasted) $ 6,000,000Change in Sales$ 1,000,000Additional Funds Needed$ 426,000 Cross-Exchange RateCross-Exchange Rate$1 to Israeli shekels3.58$1 to Japanese Yen109Cross-Exchange Rate30.45Yen/Shekel FV & PV Lump SumFuture ValuePresent ValueInterest RateInterest Rate# of Periods# of PeriodsStarting ValueLump Sum in the FutureFuture Lump Sum$ - 0Present Value$0 Required Interest RatesRequired Interest RatesPresent Valuein savingsFuture Valueneeded at retirementAdditional fundsNumber of PeriodsyearsRequired Interest RateERROR:#NUM! FV & PV Annuitya)Future Value of an Annuitya)Present Value of an AnnuityInterest RateInterest Rate# of Periods# of PeriodsPayments (per period)Payment per periodFuture Value$ - 0Present Value$0.00b)Future Value of an Annuityb)Present Value of an AnnuityInterest RateInterest Rate# of Periods# of PeriodsPayments (per period)Payment per periodFuture Value$ - 0Present Value$0.00c)Future Value of an Annuityc)Present Value of an AnnuityInterest RateInterest Rate# of Periods# of PeriodsPayments (per period)Payment per periodFuture Value$ - 0Present Value$0.00 Bond ValuationBond ValuationFace ValueYield to MaturityCoupon Bond CCoupon Bond ZYears to MaturityPrice of Bond CPrice of Bond Z4$0.00$0.003$0.00$0.002$0.00$0.001$0.00$0.000$0.00$0.00 YTM & YTCPrice of each of the three bondsBasic Input DataBond ABond BBond CYears to maturityCoupon ratePar valuePeriodic payment$0$0$0Yield to maturity9%9%9%Price$0.00$0.00$0.00Current Yield Bond ABond BBond CCurrent yield ERROR:#DIV/0!ERROR:#DIV/0!ERROR:#DIV/0! CAPM and Required ReturnCAPM and Required ReturnMarket Beta1.0Required ReturnRisk-Free RateMarket Premium0.00%Your CompanyRisk-Free Rate0.00%Market Premium0.00%Company BetaRequired Return0.00%Closet CompetitorRisk-Free Rate0.00%Market Premium0.00%Competitor's BetaRequired Retur.

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A manager should always reject a special order if: The area to the right of the breakeven point and between the total revenue line and the total expense line represents: The horizontal line intersecting the vertical y-axis at the level of total cost on a CVP graph represents: The Muffin House produces and sells a variety of muffins. The selling price per dozen is $15, variable costs are $9 per dozen, and total fixed costs are $4,200. How many dozen muffins must The Muffin House sell to breakeven? Corny and Sweet grows and sells sweet corn at its roadside produce stand. The selling price per dozen is $3.75, variable costs are $1.25 per dozen, and total fixed costs are $750.00. What are breakeven sales in dollars? Pluto Incorporated provided the following information regarding its single product: Direct materials used $240,000 Direct labor incurred $420,000 Variable manufacturing overhead $160,000 Fixed manufacturing overhead $100,000 Variable selling and administrative expenses $60,000 Fixed selling and administrative expenses $20,000 The regular selling price for the product is $80. The annual quantity of units produced and sold is 40,000 units (the costs above relate to the 40,000 units production level). The company has excess capacity and regular sales will not be affected by this special order. There was no beginning inventory. What would be the effect on operating income of accepting a special order for 3,500 units at a sale price of $55 per product? Sky High Seats manufactures seats for airplanes. The company has the capacity to produce 100,000 seats per year, but is currently producing and selling 75,000 seats per year. The following information relates to current production: Sale price per unit $400 Variable costs per unit: $220 Manufacturing $50 Marketing and administrative Total fixed costs: Manufacturing $750,000 Marketing and administrative $200,000 If a special sales order is accepted for 7,000 seats at a price of $350 per unit, and fixed costs remain unchanged, how would operating income be affected? (NOTE: Assume regular sales are not affected by the special order.) The effect of a plant closing on employee morale is an example of which of the following? If total fixed costs are $455,000, the contribution margin per unit is $25.00, and targeted operating income is $25,000, how many units must be sold to breakeven? In a special sales order decision, incremental fixed costs that will be incurred if the special order is accepted are considered to be: In a special sales order decision, incremental fixed costs that will be incurred if the special order is accepted are considered to be: Samson Incorporated provided the following information regarding its only product: Sale price per unit $50.00 Direct materials used $160,000 Direct labor incurred $185,000 Variable manufacturing overhead $120,000 Variable selling and administrative expenses $70,.

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Delays on the Tarmac Continental Airlines flight 2816 left Houston, Texas at 9:23 P.M. on a Friday evening bound for Minneapolis/St. Paul. Due to thunderstorms in that area, the plane was tion. It landed there at 12:28 A.M. Saturday, and was southenst of the original destinnthe terminal building, for nearly six hours before thept on the ground, 50 yards from off the plane and go inside the terminal at 6:30 that passengers were allowed to get 2009,p,3A). The aircraft was a small jet with 50 seats. It was crowded with 49 passengers and two babies who had to be held because there were not enough seats. As might be expected. conditions rapidly deteriorated. The babies and younger children cried, the toilet overflowed, the air became stagnant and smelly, and the adults grew first concemed, then frustrated and finally outraged-all without result. One passenger, a professor at a law school in St. Paul, described his reaction: "You're numb throughout the experience, and you almost don't know what's happening to you" (Ibid., p. 3A). A spokeswoman for Express Jet, which operated the airplane under contrnct for Continental, later explained that due to the very late arrival, the airport did not have cnough people on duty to allow the passengers to deplane safely and get to the nearby building. The airport manager, however, disputed that. He said that the personnel at Rochester were experienced at handling diverted flights and that an adequate staff was present to readily transfer the passengers. The spokeswoman for Express Jet also said that the passengers were encouraged to get off the plane and go into the airport as soon as government security personnel reported for duty at 6:00 A.M. But the airport manager also disputed that statement. He explained that the government security officials had actually arrived at 4:30A.M., but that their arrival time was irrelevant. The passengers, he continued, could have been kept within the protected area of the terminal, where restrooms, vending machines, and comfortable seats were readily available, so that further security processing would not have been needed. A spokeswoman for Continental Airlines, which had contracted for the Express Jet flight, later explained that her airline had a policy to let passengers off flights after a three-hour delay, and that what had happened was unacceptable. Continental, she continued, would offer all passengers a refund for their tickets and a certificate for future flights. Delays on airport tarmacs, with the passengers confined to their planes, are not all that unusual. The USA Today news story that serves as the basis for this case claimed that over the nine-month period from October 2008 to June 2009 , there had been 686 delays of three to four hours, 156 of four to six hours, and 13 of more than six hours for a total of 855 delays.The New York Times, in a follow up story dated August 14, 2009, explained that legislation requiring airlines to return passengers to the gate af.

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Klinik_ Apotek Onlin 085657271886 Solusi Menggugurkan Masalah Kehamilan Anda Jual Obat Aborsi Asli KLINIK ABORSI TERPEECAYA _ Jual Obat Aborsi Cytotec Misoprostol Asli 100% Ampuh Hanya 3 Jam Langsung Gugur || OBAT PENGGUGUR KANDUNGAN AMPUH MANJUR OBAT ABORSI OLINE" APOTIK Jual Obat Cytotec, Gastrul, Gynecoside Asli Ampuh. JUAL ” Obat Aborsi Tuntas | Obat Aborsi Manjur | Obat Aborsi Ampuh | Obat Penggugur Janin | Obat Pencegah Kehamilan | Obat Pelancar Haid | Obat terlambat Bulan | Ciri Obat Aborsi Asli | Obat Telat Bulan | Pil Aborsi Asli | Cara Menggugurkan Konten | Cara Aborsi Tuntas | Harga Obat Aborsi Asli | Pil Aborsi | Jual Obat Aborsi Cytotec | Cara Aborsi Sendiri | Cara Aborsi Usia 1 Bulan | Cara Aborsi Usia 2 Tahun | Cara Aborsi Usia 3 Bulan | Obat Aborsi Usia 4 Bulan | Cara Abrasi Usia 5 Bulan | Cara Menggugurkan Konten | Kandungan Obat Penggugur | Cara Menghitung Usia Konten | Cara Mengatasi Terlambat Bulan | Penjual Obat Aborsi Asli | Obat Aborsi Garansi | Kandungan Obat Peluntur | Obat Telat Datang Bulan | Obat Telat Haid | Obat Aborsi Paling Murah | Klinik Jual Obat Aborsi | Jual Pil Cytotec | Apotik Jual Obat Aborsi | Kandungan Dokter Abrasi | Cara Aborsi Cepat | Jual Obat Aborsi Bergaransi | Jual Obat Cytotec Asli | Obat Aborsi Aman Manjur | Obat Misoprostol Cytotec Asli. "APA ITU ABORSI" “Aborsi Adalah dengan membendung hormon yang di perlukan untuk mempertahankan kehamilan yaitu hormon progesteron, karena hormon ini dibendung, maka jalur kehamilan mulai membuka dan leher rahim menjadi melunak,sehingga mengeluarkan darah yang merupakan tanda bahwa obat telah bekerja || maksimal 1 jam obat diminum || PENJELASAN OBAT ABORSI USIA 1 _7 BULAN Pada usia kandungan ini, pasien akan merasakan sakit yang sedikit tidak berlebihan || sekitar 1 jam ||. namun hanya akan terjadi pada saatdarah keluar merupakan pertanda menstruasi. Hal ini dikarenakan pada usiakandungan 3 bulan,janin sudah terbentuk sebesar kepalan tangan orang dewasa. Cara kerja obat aborsi : JUAL OBAT ABORSI AMPUH dosis 3 bulan secara umum sama dengan cara kerja || DOSIS OBAT ABORSI 2 bulan”, hanya berbedanya selain mengisolasijanin juga menghancurkan janin dengan formula methotrexate dikandungdidalamnya. Formula methotrexate ini sangat ampuh untuk menghancurkan janinmenjadi serpihan-serpihan kecil akan sangat berguna pada saat dikeluarkan nanti. APA ALASAN WANITA MELAKUKAN ABORSI? Aborsi di lakukan wanita hamil baik yang sudah menikah maupun belum menikah dengan berbagai alasan , akan tetapi alasan yang utama adalah alasan-alasan non medis (termasuk aborsi sendiri / di sengaja/ buatan] MELAYANI PEMESANAN OBAT ABORSI SETIAP HARI, SIAP KIRIM KESELURUH KOTA BESAR DI INDONESIA DAN LUAR NEGERI. HUBUNGI PEMESANAN LEBIH NYAMAN VIA WA/: 085657271886

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The Crazy Hair Salon provides specialoccasion haircuts and .pdf

1. The Crazy Hair Salon provides special-occasion haircuts and generates average revenue of $60 per customer. The salon's fixed costs are $45,000 per year, which include rent, utilities and magazine subscriptions. Its variable costs are $21.00 per customer. Target operating profit for the year is $100,000. Do not enter dollar signs or commas in the input boxes. a) Calculate the revenues needed to obtain the target operating profit. Round the Contribution Margin ratio to 2 decimal places. Round all other answers to the nearest whole number. CM ratio: Required CM: $ Revenue: 5 b) How many haircuts have to be provided to earn an operating profit of $63,000 ? To break-even? Round up to the nearest whole unit, BEP: Haircuts to yield $63,000 : c) Calculate the operating profit if 3,000 haircuts are provided. Round to the nearest whole number. Operating Profit:

The Crazy Hair Salon provides specialoccasion haircuts and .pdf

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