Ceramic Structures Engineering, Inc.
Example Case
Ceramic Structures has experienced rapid growth over the past several years. Sales are expected
to grow at 15% per year for the next three years. Sales growth has been fueled by aggressive
pricing as well
FIN 304
Forecasting Homework
4-1. Sambonoza Enterprises projects its sales next year to be $4 million and expects to
earn 5 percent of that amount after taxes. The firm is currently in the process of
projecting its financing needs and has made the followi
Chapter 6
Using the Net Present Value Rule to Make Value-Creating Investment Decisions
Answers to Review Problems
1. Future values.
a. The time line is as follows:
0
1
2
3
$1,000
$2,000
4
5
$3,000
If FV($amount)Year N means future value of the $ amount at
Cost Accounting 303
Dr. K. Wentzel
Review Sheet for Exam #3
Chapters 7 & 9
Ch 7: Variance Analysis
Can you compute quantity and price variances for direct materials?
Can you compute spending and efficiency variances for direct labor?
Can you compute the V
Re: Whether the AutoCorp appropriately classified the proceeds from the sale
Matt,
You asked me to research whether the AutoCorp has appropriately classified the
proceeds from the sale of its manufacturing facility as cash flows from investing
activities
Baston and Connell1
Brooke Baston and Megan Connell
Case 1
1. Excel
2. Excel
3. Economic Plausibility:
- Machine Hours are plausible because it is a plant controller and it directly correlates
with how much total overhead would be applied; more machines h
Megan Connell Brooke Baston
ACC 303
Dr. Wentzel
November 2, 2016
Case 2: Variance Analysis and Ethics
17A. A standard is necessary because of the high probability of getting injured while on the
job. By having a standard, there is a limit to how many room
SUMMARY OUTPUT
Regression Statistics
Multiple R 0.88672
R Square 0.786272
Adjusted R Square
0.764899
Standard Error
3943.636
Observations
12
ANOVA
df
Regression
Residual
Total
SS
MS
F Significance F
1 5.7E+008 5.7E+008 36.78846 0.000121
10 1.6E+008 155522
Chapter 7
1
CHAPTER 7
STANDARD COSTING AND VARIANCE ANALYSIS
QUESTIONS
27.
a. Calculations begin with fixed overhead. Dividing the $1,000,000 of budgeted
FOH by $40 per hour gives 25,000 budgeted number of machine hours.
Adding the $28,000 U FOH spending
Khader Mustafa
3. Evaluate each cost driver based on the following criteria: economic plausibility,
goodness of fit, and slope. Based on this analysis, which cost driver do you think Jill
Jackson should use?
The Number of packaged units moved seems to be
When Job-Creation Engines Stop at Just One
In the article title When Job-Creation Engines Stop at Just One, found in the
New York Journal written by Catherine Rampell talks about Mike Farmer an entrepreneur
who founded Leap2 a mobile search app in 2010. H
CHAPTER 10
DETERMINING HOW COSTS BEHAVE
10-1
1.
2.
10-2
1.
2.
3.
The two assumptions are:
Variations in total costs are explained by variations in the level of a single activity related
to those costs (the cost driver).
Cost behavior is approximated by a
ch11 #17 pg 501
Khader Mustafa
ACC 303
17. LO.3 (Allocating joint cost) Keiffer Production manufactures three joint products in a single
process. The following information is available for August 2010:
Product
JP-4539
JP-4587
JP-4591
Gallons
Sales Value
a
Megan Connell
Dr. Wentzel
ACC 303
December 5, 2016
Case 4
Summary of Article
At the JP Morgan Healthcare Conference which took place in San Francisco, CEOs and
CFOs from over 20 top healthcare systems from around the country presented about the different