General Business Questions and Answers

What are some ways that I can retrieve money on things. I denote really release some dollars.?

Im talking approaching saving money on household products on groceries on allure treatments on makeup on things for kids on nappies. An . Any mums out there hold any good philosophy. We are putting our son through private school and we own a one year old daughter, so hopefully that give you an idea on the kind of things our money goes on. Please any suggestions would be appreciated to lend a hand me run our finances a little more capably. Thankyou:)


Answers: 66 ways to save money
http://www.pueblo.gsa.gov/cic_text/money...

Compute the gross profit. step-by-step using perpetual FIFO method?

COGS available for sale
aug1 origin inventory. 10 units(a) $91= $910
aug 3 purchased 15units(a)$106= $1590
aug 17 purchased 20units(a)$115= $2300
aug 28 purchased 10units(a)$119= $1190

Retail Sales of Goods
Aug 14 Sales 20units(a)$130= $2600
Aug 31 Sales 23units(a)$150= $3450


Answers: aug1 beginning inventory 10 units(a) $91= $910 (sold adjectives 10 units on aug 14)
aug 3 purchased 15units(a)$106= $1590 (sold 10 unit on aug 14)
Aug 14 Sales 20units(a)$130= $2600
Bal. 5 units (a) $106 = $530 (sold adjectives 5 units on aug 31)
aug 17 purchased 20units(a)$115= $2300 (sold 18 unit on aug 31)
aug 28 purchased 10units(a)$119= $1190
Aug 31 Sales 23units(a)$150= $3450
Bal. 2 units (a) $115 and 10 unit (a) $119 = Ending inventory is $1,420

COGS = 10 (a) $91 plus 10 (a) $106 plus 5 (a) $106 plus 18 (a) $115 = $4,570

Sales = $6,050
COGS = $4,570
Gross profit = 1,480

Accounting homework press please aid me?

Lim Clothing Company manufactures its own designed and labeled sports attire and sell its products through catalog sales and retail outlets. While Lim have for years used activity-based costing in its engineering activities, it have always used traditional costing contained by assigning its selling costs to its product lines. Selling costs have traditionally be assigned to Lim's product lines at a rate of 70% of direct material costs. Its direct things costs for the month of March for Lim's "high intensity" vein of attire are $400,000. The company has arranged to extend activity-based costing to its selling costs. Data relating to the "high intensity" vein of products for the month of March are as follows.

Activity Cost Pool Cost Driver Overhead Rate Number of Cost Drivers Used
per Activity
Sales commissions Dollar sales $0.05 per dollar sales

$930,000

Advertising—TV/Radio Minutes $300 per minute 250
Advertising—Newspaper Column inches $10 per column inch 2,000
Catalogs Catalogs mailed $2.50 per catalog 60,000
Cost of catalog sales Catalog orders $1 per catalog order 9,000
Credit and collection Dollar sales $0.03 per dollar sales 930,000


Compute the selling costs to be assigned to the "high-intensity" vein of attire for the month of March: (1) using the traditional product costing system (direct material cost is the cost driver), and (2) using activity-based costing.

Traditional product costing $
Activity-based costing $



By what amount does the traditional product costing system undercost or overcost the "high-intensity" product rank?
$


Classify each of the actions as value-added or non-value-added.

Activity Cost Pool
Sales commissions
Advertising—TV/Radio
Advertising—Newspaper
Catalogs
Cost of catalog sales
Credit and collection


Answers: Hi, at this time I don't have time to explain how to compute this problem, but at most minuscule here are the answers.


Traditional product costing $ 280000
Activity-based costing $ 328400

By what amount does the traditional product costing system undercost or overcost the "high-intensity" product line?
$ 48400 undercost


Sales commissions non-value-added
Advertising—TV/Radio non-value-added
Advertising—Newspaper non-value-added
Catalogs non-value-added
Cost of catalog sale non-value-added
Credit and collection non-value-added

Happy Valentine's Day,

Marco

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