Fielder Corporation has provided the following data from its activity-based costing system:     Activity Cost Pools   Total Cost   Activity Driver   Driver Units   Assembly $1,137,360 Machine hours 84,000 hours   Processing orders $28,479 Orders 1,100 orders   Inspection $97,155 Inspection hours 1,270 hours   The company makes 470 units of product W26B a year, requiring a total of 660 machine-hours, 50 orders, and 40 inspection-hours per year. The product’s direct materials cost is $40.30 per unit and its direct labor cost is $42.22 per unit. The product sells for $118.00 per unit.   According to the activity-based costing system, the product margin for product W26B is:  

Over the last 40 years, the portion of market value related to intangible assets has:

Matt Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 8,000 units and of Product B is 6,000 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 Product C Activity 1 $20,000 100 400 500 Activity 2 $37,000 800 200 1,000 Activity 3 $91,200 800 3,000 3,800 The activity-based costing cost per unit of Product A is

Douglas Corporation plans to sell 24,000 units of Product A during July and 30,000 units during August. Sales of Product A during June were 25,000 units. Past experience has shown that end-of-month inventory should equal 3,000 units plus 30% of the next month’s sales. On June 30 this requirement was met. Based on these data, how many units of Product A must be produced during the month of July?

Bramble Corporation is a small wholesaler of gourmet food products. Data regarding the store’s operations follow: Sales are budgeted at $340,000 for November, $320,000 for December, and $310,000 for January. Collections are expected to be 80% in the month of sale and 20% in the month following the sale. The cost of goods sold is 75% of sales. The company would like to maintain ending merchandise inventories equal to 60% of the next month’s cost of goods sold. Payment for merchandise is made in the month following the purchase. Other monthly expenses to be paid in cash are $24,000. Monthly depreciation is $15,000. Ignore taxes.   Balance Sheet October 31   Assets     Cash $ 20,000 Accounts receivable   70,000 Merchandise inventory   153,000 Property, plant and equipment, net of $572,000 accumulated depreciation   1,094,000 Total assets $ 1,337,000       Liabilities and Stockholders’ Equity     Accounts payable $ 254,000 Common stock   820,000 Retained earnings   263,000 Total liabilities and stockholders’ equity $ 1,337,000 December cash disbursements for merchandise purchases would be:

Last year, Flynn Company reported a profit of $70,000 when sales totaled $520,000 and the contribution margin ratio was 40%. If fixed expenses increase by $10,000 next year, what amount of sales will be necessary in order for the company to earn a profit of $80,000? 

Simmons Corporation, a manufacturing company, has provided the following financial data for April:   Sales $340,000 Variable production expense $43,000 Variable selling expense $21,000 Variable administrative expense $33,000 Fixed production expense $62,000 Fixed selling expense $67,000 Fixed administrative expense $88,000   The firm had no beginning or ending inventories. The contribution margin for April was:

Sinclair Company’s single product has a selling price of $25 per unit. Last year the company reported a profit of $20,000 and variable expenses totaling $180,000. The product has a 40% contribution margin ratio. Because of competition, Sinclair Company will be forced in the current year to reduce its selling price by $2 per unit. How many units must be sold in the current year to earn the same profit as was earned last year?

Which of the following represents the correct order in which the indicated budget documents for a manufacturing company would be prepared?

New product research is an example of (an):