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  1. Answers
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    Market-clearing FF rate

    I have to calculate Market - clearing rate FF rate if there are only three banks in the economy and each submits the following order for FF purchases and sales
    For example for one bank
    Rate 5%,...
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    Purchase journals?

    Purchased 80 copies of Practice Set ofr Dummies with cash for $28 each, Check No. 905. I want to know that how can I record it in Purchase Jornal and in Cash Payment. Very confused, please help
  3. Comment on Just Looking's post

    Thanks a lot, Another quick question, how you can compute the budgeted payments on accounts payable for September and October and what is the ending account payable for these months
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    Comment on Unknown008's post

    Well, thanks for your help but I would wait for your reply. Thanks
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    Comment on Unknown008's post

    So according to your scatter, what is the fixed cost?
  6. Comment on Just Looking's post

    Thanks for all your help, I was able to calculate the other probolem. Again Thank you very much for all your help. Yeah sure, I will wait until tomarrow and maybe will come up with some new...
  7. Comment on Just Looking's post

    Same thing with this problem, Just help me to compute the budgeted merchandize purchase for only July, So I would be able to get an idea to find for other months. Thanks in advance for your help
  8. Comment on Just Looking's post

    I checked out the links and tri to figure out my problem according to those problems, but can't figure out, If it is okay you can explain to me about how to compute the budgeted amount of cost of...
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    Comment on Just Looking's post

    No PROBLEM
  10. Answers
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    Comment on Just Looking's post

    I added all sales cost, and than divided by the Total cost of 12 months, and came up with variable cost per unit.But now confused with Fixed cost.
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    Comment on Just Looking's post

    Can you please help me to figure out the fixed cost for this question.
    https://www.askmehelpdesk.com/accounting/scatter-diagram-cost-behavior-estimation-588275-new.html
  12. Answers
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    Comment on Just Looking's post

    Thanks for your help, Yes,now I am able to figureout the units of product B. I think I will need to calculate the extra cost to find out the total contribution of this mix. I came up with 840 units...
  13. Computing budgeted purchases and costs of goods sold

    Sand Dollar Company purchases all merchandise on credit. It recently budgeted the following month-end accounts payable balances and merchandise inventory balances. Cash payments on accounts payable...
  14. Computing budgeted accounts payable and purchases-sales forecast in dollars

    Sound Check, a merchandising company specializing in home computer speakers, budgets its monthly cost of goods sold to equal 80% of sales. Its inventory policy calls for ending inventory in each...
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    Comment on Just Looking's post

    Thanks for your help,I was able to find out how many units of product G can be produced,but can't find the units for Product B if it adds another shift. Plus how I calculate the extra shift cost.
  16. Comment on Just Looking's post

    Yeah, But I am multiplying this 20000 with 3 to get the standard quantity and than multiplied it with standard price which is 5. You think I am right?
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    Comment on Just Looking's post

    I found that the contribution margin per hour machine is 400 for product G and for product B it is 37.5, but what is the next step I should take to exactly find how many units it can produce. Will be...
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    Analysis of sales mix strategies

    Ortiz Company is able to produce two products, G and B, with the same machine in its factory. The following information is available.


    Product G Product B
    ...
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    Comment on moonkhan209's post

    Month Sales Total Cost Month Sales Total Cost
    1 $ 325,000 $ 162,500 7 $ 355,000 $ 242,000
    2 170,000 106,250 8 275,000 ...
  20. computation of materials, labor, and overhead variances; and overhead variance report

    computation of materials, labor, and overhead variances; and overhead variance report

    I have to Compute the direct materials cost variance, including its price and quantity variances
    According...
  21. Answers
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    Alden Co.'s monthly sales and cost data for its...

    Alden Co.'s monthly sales and cost data for its operating activities of the past year follow. Management wants to use these data to predict future fixed and variable costs.

    Month Sales Total...
  22. Comment on Just Looking's post

    Thanks, It worked out, Now I am confused with other problem about finding the fixed cost, can YOU GIVE ME ANY IDEA ABOUT IT. I already posted problem that I am facing about.It is about Scatter...
  23. Thanks, It worked.

    Thanks, It worked.
  24. Computation and interpretation of labor variances

    After evaluating Zero Company's manufacturing process, management decides to establish standards of 4.0 hours of direct labor per unit of product and $16 per hour for the labor rate. During October,...
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    Scatter diagram and cost behavior estimation

    Does anyone can help me to find out fixed cost. I was able to find out the variable cost, but very confused about finding the fixed cost. The variable cost per unit is 0.667, while the fixed cost...
  26. Materials, labor, and overhead variances; and overhead variance report?

    Materials, labor, and overhead variances; and overhead variance report
    Kegler Company has set the following standard costs per unit for the product it manufactures.





    Direct materials...
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    Production cost flow and measurment

    Edison Company manufactures wool blankets and accounts for product costs using process costing. The following information is available regarding its May inventories.

    Beginning
    Inventory ...
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    Net present value

    In eight years, Kent Duncan will retire. He is exploring the possibility of opening a self-service car wash. The car wash could be managed in the free time he has available from his regular...
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    Does any body know how we can calculate the total...

    Does any body know how we can calculate the total cash recipts and net annual cash recipts, Please help,:confused::confused:
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    Thank you very much for your help, I figured it...

    Thank you very much for your help, I figured it out
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    Can I ask you one more favor, How can we...

    Can I ask you one more favor, How can we calculate the total labor hours which are required which are required to produce the estimated units next year. The total estimated units are 656,000 and I...
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    [:confused: But I don't know what mistake I am...

    [:confused:

    But I don't know what mistake I am making for which I am still getting wrong answer?
  33. Answers
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    I am still confused, Yes I subtract the Direct...

    I am still confused, Yes I subtract the Direct material: $3.70, Direct labor: $3.60, and Variable overhead: $3 from selling price per unit:$35. And I left with 24.7. As you said I divided $3.60 with...
  34. Answers
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    Utilization of a Constrained Resource

    The Walton Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and...
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    Basic Net Present Value Analysis

    Windhoek Mines, Ltd. of Namibia, is contemplating the purchase of equipment to exploit a mineral deposit on land to which the company has mineral rights. An engineering and cost analysis has been...
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    Why not right now,Is it possible to tell me today...

    Why not right now,Is it possible to tell me today or not?
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    In about 3 or 4 days.

    In about 3 or 4 days.
  38. Answers
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    6,699

    More than One Cost Driver

    More than One Cost Driver

    Milano Pizza is a small neighborhood pizzeria that has a small area for in-store dining as well as offering take-out and free home delivery services. The pizzeria's...
  39. Thank you very very much. I tried this and it...

    Thank you very very much. I tried this and it worked
  40. Schedule of Expected Cash Collections; Cash Budget

    Problem 9-23 Schedule of Expected Cash Collections; Cash Budget [LO2, LO8]

    Herbal Care Corp. a distributor of herb-based sunscreens, is ready to begin its third quarter, in which peak sales...
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