Dimitrov Corporation, a company that produces and sells a single p.docx

Dimitrov Corporation, a company that produces and sells a
single product, has provided its contribution format income
statement for July.
Sales (6,400 units)
$403,200
Variable expenses
275,200
Contribution margin
128,000
Fixed expenses
103,500
Net operating income
$24,500
If the company sells 6,300 units, its net operating income
should be closest to:
$24,500
$23,979
$22,500
$20,000
A manufacturer of tiling grout has supplied the following data:
Kilograms produced and sold
370,000
Sales revenue
$1,880,000

Variable manufacturing expense
$953,000
Fixed manufacturing expense
$252,000
Variable selling and administrative expense
$330,000
Fixed selling and administrative expense
$218,000
$127,000
The company's contribution margin ratio is closest to:
49.3%
82.4%
31.8%
75.0%
Data concerning Runnells Corporation's single and sells a
product. Data co cerning that product appear below:
Per Unit
Percent of Sales
Selling price
$140
100%
Variable expenses
70
50%
Contribution margin
$ 70

50%
The company is currently selling 5,700 units per month. Fixed
expenses are $342,500 per month. The marketing manager
believes that a $6,700 increase in the monthly advertising
budget would result in a 120 unit increase in monthly sales.
What should be the overall effect on the company's monthly net
operating income of this change?
Decrease of $6,700
Increase of $1,700
Increase of $8,400
Decrease of $1,700
Spartan Systems reported total sales of $365,000, at a price of
$20 and per unit variable expenses of $14, for the sales of their
single product.
Total
Per Unit
Sales
$365,000
$20
Variable expenses
219,000
14
Contribution margin
146,000

$6
Fixed expenses
113,000
$33,000
What is the amount of contribution margin if sales volume
increases by 20%?
$146,000
$39,600
$175,200
$26,400
Lasseter Corporation has provided its contribution format
income statement for August. The company produces and sells a
single product.
Sales (4,600 units)
$
193,200

Variable expenses
87,400
Contribution margin
105,800
Fixed expenses
45,200
$
60,600
If the company sells 4,700 units, its total contribution margin
should be closest to:
$61,917
$105,800
$108,100
$110,000

Darwin Inc. sells a particular textbook for $39. Variable
expenses are $28 per book. At the current volume of 49,000
books sold per year the company is just breaking even. Given
these data, the annual fixed expenses associated with the
textbook total:
$539,000
$1,911,000
$2,450,000
$1,372,000
Puchalla Corporation sells a product for $120 per unit. The
product's current sales are 12,300 units and its break-even sales
are 10,824 units. The margin of safety as a percentage of sales
is closest to:
88%
12%
14%
86%
Alpha Corporation reported the following data for its most
recent year: sales, $610,000; variable expenses, $305,000; and
fixed expenses, $244,000. The company's degree of operating
leverage is:

10
1
5
2.0
A cement manufacturer has supplied the following data:
Tons of cement produced and sold
245,000
Sales revenue
$1,053,500
Variable manufacturing expense
$427,000
Fixed manufacturing expense
$286,000
$63,000
$226,000
$51,500
What is the company's unit contribution margin? (Do not round
your intermediate calculations.)
rev: 03_14_2012
$2.00 per unit
$2.30 per unit

$0.32 per unit
$4.30 per unit
Gilpatric Corporation produces and sells two products. In the
most recent month, Product Q71M had sales of $36,500 and
variable expenses of $9,540. Product V04P had sales of $57,500
and variable expenses of $37,460. The fixed expenses of the
entire company were $37,180.
The break-even point for the entire company is closest to:
(Round your intermediate calculations to 2 decimal places and
final answers to the nearest dollar amount.)
$94,000
$74,360
$37,180
$38,630
Aaker Corporation, which has only one product, has provided
the following data concerning its most recent month of
operations:
Selling price
$135
Units in beginning inventory
0
Units produced
6,750
Units sold
6,450

Units in ending inventory
300
Variable costs per unit:
Direct materials
$21
Direct labor
$51
Variable manufacturing overhead
$15
Variable selling and administrative
$15
Fixed costs:
Fixed manufacturing overhead
$182,250
Fixed selling and administrative
$26,700
What is the unit product cost for the month under variable
costing?
$102 per units
$129 per units
$114 per units
$87 per units
Farron Corporation, which has only one product, has provided
operations:
Selling price

$96
0
Units produced
8,750
Units sold
8,350
400
Direct materials
$14
Direct labor
$56
$2
$6
Fixed costs:
$131,250
$8,400
What is the net operating income for the month under variable
costing?
$10,650
$(18,150)
$16,650
$6,000

Nantua Corporation has two divisions, Southern and Northern.
The following information was taken from last year's income
statement segmented by division:
Total Company
Southern
Northern
Sales
$5,300,000
$3,280,000
$2,020,000
Contribution margin
$2,300,000
$1,440,000
$860,000
Divisional segment margin
$1,240,000
$960,000
$280,000
Net operating income last year for Nantua Corporation was
$530,000.
In last year's income statement segmented by division, what
were Nantua's total common fixed expenses?
$710,000
$1,060,000
$1,770,000

$1,950,000
Olds Inc., which produces a single product, has provided the
following data for its most recent month of operations:
Number of units produced
6,900
Direct materials
$51
Direct labor
$45
$4
$7
Fixed costs:
$227,700
$531,300
There were no beginning or ending inventories. The absorption
costing unit product cost was:
$96 per unit
$133 per unit
$100 per unit
$217 per unit

A manufacturing company that produces a single product has
provided the following data concerning its most recent month of
operations:
Selling price
$160
100
Units produced
16,000
Units sold
15,800
300
Variable cost per unit:
Direct materials
$51
Direct labor
$46
$8
$5
Fixed costs:
$560,000
$173,800

What is the total period cost for the month under variable
costing?
$560,000
$252,800
$733,800
$812,800
Khanam Corporation, which has only one product, has provided
operations:
Selling price
$125
0
Units produced
8,750
Units sold
8,850
750
Direct materials
$27
Direct labor
$44
$8

$18
Fixed costs:
$70,000
$163,600
The company produces the same number of units every month,
although the sales in units vary from month to month. The
company's variable costs per unit and total fixed costs have
been constant from month to month.
What is the net operating income for the month under
absorption costing?
$13,400
$3,900
$3,900
$22,100
A manufacturing company that produces a single product has
provided the following data concerning its most recent month of
operations:
Selling price
$138
0

Units produced
3,060
Units sold
2,500
560
Variable cost per unit:
Direct materials
$41
Direct labor
$17
$14
$9
Fixed costs:
$113,220
Fixed selling and administrative expenses
$32,500
The total gross margin for the month under absorption costing
is:
$72,500
$17,500
$131,700
$142,500

operations:
Selling price
$105
0
Units produced
8,500
Units sold
8,600
500
Direct materials
$22
Direct labor
$39
$3
$13
Fixed costs:
$68,000
$162,100

What is the net operating income for the month under variable
costing?
$9,900
$10,700
$3,400
$17,100
DC Construction has two divisions: Remodeling and New Home
Construction. Each division has an on-site supervisor who is
paid a salary of $142,000 annually and one salaried estimator
who is paid $76,000 annually. The corporate office has two
office administrative assistants who are paid salaries of $80,000
and $52,000 annually. The president's salary is $198,000. How
much of these salaries are common fixed expenses?
$198,000
$330,000
$132,000
$458,000
operations:

Selling price
$143
0
Units produced
6,850
Units sold
6,550
300
Direct materials
$23
Direct labor
$53
$17
$17
Fixed costs:
$184,950
$27,300
What is the unit product cost for the month under absorption
costing?

$120 per unit
$93 per unit
$110 per unit
$137 per unit
Umanzor Corporation uses activity-based costing to assign
overhead costs to products. Overhead costs have already been
allocated to the company's three activity cost pools as follows:
Processing, $52,100; Supervising, $30,100; and Other, $18,600.
Processing costs are assigned to products using machine-hours
(MHs) and Supervising costs are assigned to products using the
number of batches. The costs in the Other activity cost pool are
not assigned to products. Activity data appear below:
MHs (Processing)
Batches (supervising)
Product S5
17,400
750
Product F5
900
1,030
Total
18,300
1,780
The activity rate for the Processing activity cost pool under
activity-based costing is closest to:
$7.28 per MH

$2.85 per MH
$2.53 per MH
$3.15 per MH
Zumbrunnen Corporation uses activity-based costing to compute
product margins. Overhead costs have already been allocated to
the company's three activity cost pools-Processing, Supervising,
and Other. The costs in those activity cost pools appear below:
Processing
$10,032
Supervising
$52,752
Other
$26,800
Processing costs are assigned to products using machine-hours
(MHs) and Supervising costs are assigned to products using the
number of batches. The costs in the Other activity cost pool are
not assigned to products. Activity data appear below:
MHs (Processing)
Batches (Supervising)
Product M2
5,100
790
Product H2
15,800
330
Total
20,900

1,120
Finally, sales and direct cost data are combined with Processing
and Supervising costs to determine product margins.
Product M2
Product H2
Sales (total)
$204,900
$181,100
Direct materials (total)
$102,700
$71,400
Direct labor (total)
$55,500
$76,000
What is the overhead cost assigned to Product H2 under
activity-based costing?
$41,000
$7,584
$15,543
$23,127

Monson Corporation has two products: G and P. The company
uses activity-based costing and has prepared the following
analysis showing the total cost and activity for each of its three
activity cost pools:
Activity
Activity Cost Pool
Total Cost
Product G
Product P
Total
Activity 1
$114,695
330
1,700
2,030
Activity 2
$65,925
730
2,200
2,930
Activity 3
$77,659
530
3,860
4,390
The annual production and sales of Product G is 115,840 units.
The annual production and sales of Product P is 31,800.
The activity rate under the activity-based costing system for
Activity 2 is closest to:

$35.74
$25.27
$29.97
$22.50
The controller of Ferrence Company estimates the amount of
materials handling overhead cost that should be allocated to the
company's two products using the data that are given below:
Wall Mirrors
Specialty Windows
Total expected units produced
7,700
1,450
Total expected material moves
770
1,350
Expected direct labor-hours per unit
14
7
The total materials handling cost for the year is expected to be
$17,153.10.
If the materials handling cost is allocated on the basis of direct
labor-hours, the total materials handling cost allocated to the
Wall Mirrors is closest to: (Round your intermediate
calculations to 4 decimal places.)

$10,513
$13,841
$15,674
$8,864
Capizzi Corporation has an activity-based costing system with
three activity cost pools-Machining, Order Filling, and Other. In
the first stage allocations, costs in the two overhead accounts,
equipment depreciation and supervisory expense, are allocated
to three activity cost pools based on resource consumption. Data
used in the first stage allocations follow:
Overhead costs:
Equipment depreciation
$83,100
Supervisory expense
$2,300
Distribution of Resource Consumption Across Activity Cost
Pools:
Activity Cost Pools
Machining
Order Filling
Other
0.50
0.20
0.30
Supervisory expense

0.50
0.10
0.40
Machining costs are assigned to products using machine-hours
(MHs) and Order Filling costs are assigned to products using
the number of orders. The costs in the Other activity cost pool
are not assigned to products. Activity data for the company's
two products follow:
Activity:
MHs (Machining)
Orders
Product Y7
1,550
770
Product V2
9,010
2,250
Total
10,560
3,020
The activity rate for the Order Filling activity cost pool under
activity-based costing is closest to:
$2.58 per order
$5.58 per order
$3.01 per order

$55.80 per order
Matt Company uses activity-based costing. The company has
two products: A and B. The annual production and sales of
Product A is 9,000 units and of Product B is 6,500 units. There
are three activity cost pools, with total cost and total activity as
follows:
Total Activity
Activity Cost Pool
Total Cost
Product A
Product B
Total
Activity 1
$36,260
250
490
740
Activity 2
$48,037
880
330
1,210
Activity 3
$120,450
850
3,530
4,380
The activity-based costing cost per unit of Product A is closest
to: (Round your intermediate calculations to 2 decimal places.)

$3.94 per units
$14.33 per units
$4.54 per units
$7.84 per units
Brisky Corporation uses activity-based costing to compute
product margins. In the first stage, the activity-based costing
system allocates two overhead accounts-equipment depreciation
and supervisory expense-to three activity cost pools-Machining,
Order Filling, and Other-based on resource consumption. Data
to perform these allocations appear below:
Overhead costs:
$117,000
Supervisory expense
$6,200
Distribution of Resource Consumption Across Activity Cost
Pools:
Activity Cost Pools
Machining
Order Filling
Other
0.50
0.30
0.20

Supervisory expense
0.50
0.20
0.30
In the second stage, Machining costs are assigned to products
using machine-hours (MHs) and Order Filling costs are assigned
to products using the number of orders. The costs in the Other
activity cost pool are not assigned to products.
Activity:
MHs (Machining)
Orders (Order Filling)
Product I3
6,940
155
Product U8
15,800
986
Total
22,740
1,141
Finally, sales and direct cost data are combined with Machining
and Order Filling costs to determine product margins.
Sales and Direct Cost Data:
Product I3
Product U8
Sales (total)

$88,800
$64,100
Direct materials (total)
$34,200
$17,800
Direct labor (total)
$25,400
$27,900
What is the product margin for Product I3 under activity-based
costing? (Round your intermediate calculations to 2 decimal
places and final answer to the nearest dollar amount.)
$6,236
$5,456
$10,016
$3,984
Fogle Florist specializes in large floral bouquets for hotels and
other commercial spaces. The company has provided the
following data concerning its annual overhead costs and its
activity based costing system:
Overhead costs:
Wages and salaries
$162,000
Other expenses
61,000
Total
$223,000

Distribution of resource consumption:
Activity Cost Pools
Making
Bouquets
Delivery
Other
Total
Wages and salaries
45%
25%
30%
100%
Other expenses
30%
45%
25%
100%
The "Other" activity cost pool consists of the costs of idle
capacity and organization-sustaining costs.
The amount of activity for the year is as follows:
Activity Cost Pool
Activity
Making bouquets
140,308 bouquets
Delivery
12,700 deliveries
What would be the total overhead cost per bouquet according to
the activity based costing system? In other words, what would

be the overall activity rate for the making bouquets activity cost
pool? (Round to the nearest whole cent.)
$.65 per bouquets
$.55 per bouquets
$.70 per bouquets
$.63 per bouquets
Bevard Nuptial Bakery makes very elaborate wedding cakes to
order. The company has an activity-based costing system with
three activity cost pools. The activity rate for the Size-Related
activity cost pool is $0.85 per guest. (The greater the number of
guests, the larger the cake.) The activity rate for the
Complexity-Related cost pool is $27.22 per tier. (Cakes with
more tiers are more complex.) Finally, the activity rate for the
Order-Related activity cost pool is $86.82 per order. (Each
wedding involves one order for a cake.) The activity rates
include the costs of raw ingredients such as flour, sugar, eggs,
and shortening. The activity rates do not include the costs of
purchased decorations such as miniature statues and wedding
bells, which are accounted for separately.
Data concerning two recent orders appear below:
Euertz
Wedding
Sparacio
Wedding
Number of reception guests
72

208
Number of tiers on the cake
5
9
Cost of purchased decorations for cake
$22.55
$80.25
Assuming that all of the costs listed above are avoidable costs
in the event that an order is turned down, what amount would
the company have to charge for the Euertz wedding cake to just
break even?
$306.67
$22.55
$86.82
$358.26
The controller of Ferrence Company estimates the amount of
materials handling overhead cost that should be allocated to the
company's two products using the data that are given below:
Wall Mirrors
Specialty Windows
Total expected units produced
15,600
1,100
Total expected material moves
1,560
1,000

Expected direct labor-hours per unit
8
9
The total materials handling cost for the year is expected to be
$17,181.40.
If the materials handling cost is allocated on the basis of
material moves, total materials handling cost allocated to the
Specialty Windows is closest to:?
(Round your intermediate calculations to4 decimal places.)
$4,033
$5,681
$704
$6,712
1
List of Acceptable Primary Resources for the Week 3 and Week
5
Assignments
These are the primary resources that you can cite when

explaining a moral theory in order to fulfill the
relevant portion of the resources requirement. Readings
included in the “Required Readings” list are
indicated with a *.
Utilitarianism:
*Mill, J. S. Utilitarianism, in the original version in the
textbook, or in the version by Jonathan
Bennett retrieved from www.earlymoderntexts.com.
Haines, W. (n.d.). Consequentialism. Internet Encyclopedia of
Philosophy. Retrieved from
http://www.iep.utm.edu/conseque/
Singer, P. (2003). Voluntary euthanasia: A utilitarian
perspective. Bioethics, 17(5/6), 526-541.
Retrieved from the EBSCOhost database.
Deontology:
* Kant, I. (2008). Groundwork for the metaphysic of morals. In
J. Bennett (Ed. & Trans.), Early
Modern Philosophy. Retrieved from
http://www.earlymoderntexts.com/pdfs/kant1785.pdf
(Original work published in 1785).
Virtue Ethics:

* Aristotle. (350 B.C.E.). Nicomachean ethics (W. D. Ross,
Trans.). Retrieved from
http://classics.mit.edu/Aristotle/nicomachaen.html
Annas, J. (2006). Virtue ethics. In D. Copp (Ed.), The Oxford
Handbook of Ethical Theory (pp. 515–
36). Oxford: Oxford University Press. Retrieved from
https://www.sesync.org/sites/default/files/resources/case_studie
s/10-kenyaecotourism-
handbook.pdf
Hursthouse, R. (2012). Virtue ethics. In E. Zalta (Ed.), The
Stanford Encyclopedia of Philosophy.
Retrieved from http://plato.stanford.edu/entries/ethics-virtue/
MacIntyre, A. (1984). After virtue. Notre Dame, IN: University
of Notre Dame Press. Chapters 14-15
are included in the Chapter 6 readings of the textbook.
Feminist/Care Ethics:
*Held, V. Feminist transformations of moral theory. Included in
the Chapter 6 readings of the
textbook.
*Gilligan, C. (1982). In a different voice: Psychological theory
and women’s development.

Cambridge, MA: Harvard University Press. Retrieved from
https://lms.manhattan.edu/pluginfile.php/26517/mod_resource/c
ontent/1/Gilligan%20In%20
a%20Different%20Voice.pdf
http://insite.bridgepoint.local/dept/ops/pni/Navigator
Images/Ashford Logo New.jpg
http://www.earlymoderntexts.com/
http://www.iep.utm.edu/conseque/
https://www.sesync.org/sites/default/files/resources/case_studie
s/10-kenyaecotourism-handbook.pdf
http://plato.stanford.edu/entries/ethics-virtue/
https://lms.manhattan.edu/pluginfile.php/26517/mod_resource/c
ontent/1/Gilligan%20In%20a%20Different%20Voice.pdf
2
* Noddings, N. (2010). Maternal factor: Two paths to morality.
Berkeley, CA: University of
California Press. Retrieved from the ebrary database.
http://insite.bridgepoint.local/dept/ops/pni/Navigator
Images/Ashford Logo New.jpg

Dimitrov Corporation, a company that produces and sells a single p.docx

Recommended

Recommended

More Related Content

Similar to Dimitrov Corporation, a company that produces and sells a single p.docx

Similar to Dimitrov Corporation, a company that produces and sells a single p.docx (20)

More from duketjoy27252

More from duketjoy27252 (20)

Recently uploaded

Recently uploaded (20)

Dimitrov Corporation, a company that produces and sells a single p.docx