Ch. 1 Managerial Accounting and Cost Concepts Copr. Goedl Charges for rent on the production facility are classified as:

Ch. 7 Flexible Budgeting and Performance Evaluation Copr. Goedl Maintenance expense is a mixed cost. The cost formula used for budgeting is $0.03Q + $27,000 per month. In December, the company planned to produce 96,000 units.  The company actually produced 90,300 units during December.  Calculate the amount of maintenance expense reported in the planning budget.

Ch. 1 Managerial Accounting and Cost Concepts Copr. Goedl Salary costs for the CEO are classified as:

Ch. 1 Managerial Accounting and Cost Concepts Copr. Goedl Bella Enterprises plans to produce 1,000 windchimes. The costs to make 1,000 units are total variable cost of $300 and total fixed cost of $9,000. Calculate total costs (both variable and fixed) if they produce 1,200 units.

Chapter 9 Decentralized performance evaluation Copr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year.  The company’s minimum required rate of return is 15%.     Calculate the return on investment (ROI) ratio.

Copr., GoedlGreenWay is considering investing in a new machine to provide a new residential cleaning service. The machine costs $300,000. The machine has a useful life of 13 years, and the annual depreciation expense would be $20,700. They estimate they can generate $93,300 in annual revenue from the new service. Cash operating expenses are estimated to be $42,000 per year.  The machine has an approximate salvage value of $30,000 at the end of its useful life.  The company has a 10% minimum rate of return. The simple rate of return for this investment is: 

Chapter 9 Decentralized performance evaluation Copr. Goedl/StricklandBelow is the financial data for Goedl and Strickland, Inc. for the most recent fiscal year. The company paid dividends of $197,250 last year.  The company’s minimum required rate of return is 15%.     Calculate the profit margin ratio.  

Chapter 4: Cost volume profit (CVP) analysis Copr., Goedl Maria’s store reported the following accounting data. Sales quantity 3,000 units Sales $36 per unit Variable costs $12 per unit Fixed costs $54,000 Calculate the total contribution margin.

Chapter 10 Differential decision making Copr.,GoedlKindly Flag, Inc. produces two product lines, flags with emojis and flags with quotes. The Segmented Income Statement for the most recent fiscal year is provided below.     The manager is considering dropping the Quotes product line. She collected the following additional data. 1.) Sales, variable expenses, and contribution margin are all directly traceable to the product lines. 2.) Fixed expenses are allocated to the product lines based on the percentage of sales.  Of the fixed expenses allocated to the Quotes product line, $135,000 are fixed factory costs that would not be eliminated. The remaining amount will be eliminated if the Quotes product line is dropped. What is the financial advantage or disadvantage of dropping the Quotes product line?

Use the Extended Euclidean Algorithm and give the linear combination expressing the greatest common factor of 456 and 874. For example: 1 = 231·{“version”:”1.1″,”math”:”·”}51 – 589·{“version”:”1.1″,”math”:”·”}20