Posted: February 24th, 2022

Unit 2 Assessment Questions

A partial itemizing of prices incurred at SueBelle Company throughout October seems beneath:
Direct Supplies$195,000Utilities, Manufacturing unit$9,000Gross sales Fee$75,000Administrative Salaries$113,000Oblique Labor$30,000Promoting$119,000Depreciation of Manufacturing Gear$28,000Direct Labor$105,000Depreciation of Administrative Gear$44,000
Primarily based on the knowledge offered, reply the next questions:
What’s the complete quantity of product value listed above? Present your work.
What’s the complete quantity of interval value listed above? Present your work.
There’s not a phrase size requirement for this Question Assignment; nonetheless, you should present your work.

QUESTION 12
Bell Company stories that at an exercise stage of eight,700 items, its complete variable value is $653,109, and its complete mounted value is $658,416.
Required: For the exercise stage of eight,800 items, assume this stage is inside the related vary. Compute:
the entire variable value,
the entire mounted value,
the entire value,
the typical variable value per unit,
the typical mounted value per unit, and
the typical complete value per unit.
There’s not a phrase size requirement for this Question Assignment; nonetheless, you should present your work.

QUESTION 13
Cosgrove Firm, Inc. is a wholesaler that distributes a single product. The corporate’s revenues and bills for the final three months are given beneath:
Cosgrove Firm
Conventional Format Earnings Assertion
For the Three Months Ended June 30 April Could June Gross sales in Models three,000 three,7504,500 Gross sales Income420,000525,000630,000Value of Items Offered168,000210,000252,000Gross Margin252,000315,000378,000Promoting and Administrative Bills: Delivery Expense44,00050,00056,000 Promoting Expense70,00070,00070,000 Salaries and Commissions107,000125,000143,000 Insurance coverage Expense9,0009,0009,000 Depreciation Expense42,00042,00042,000Whole Promoting and Administrative Bills272,000296,000320,000Internet Working Earnings (Loss)$(20,000)$19,000$58,000

Required:
Establish the mounted and variable prices related to Cosgrove.
Calculate the typical prices monthly.
There’s not a phrase size requirement for this Question Assignment; nonetheless, you should present your work.
As a managerial accountant, you’d have the chance to work for firm that classifies itself as both service, merchandising, or manufacturing.
Primarily based on what you’ve gotten discovered from this unit, and primarily based in your private preferences, determine which sort of firm for which you’d desire to work as a managerial accountant. Make sure to present particular reasoning to help your reply.
Your response should be at the least 200 phrases in size.

QUESTION 15
Primarily based in your studying on this unit, clarify how sunk prices create a barrier to entry into the market place.

Your response should be at the least 200 phrases in size.

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