Kirk Flores Balance Sheet For Period Ending December 31, 2006 Assets Current Assets Cash Accounts Receivable Inventory (10 packages at $20 each) Total Current Assets Office Equipment Accumulated Depreciation Net Equipment Other long Term Assets Total
Cal Poly IMEZS9 Quiz Spring 2013
Industrial Costs & Controls
Name: Points: 1' /10
Review the Under Armour Balance Sheet and Income Statement and answer the following
1. Total Owners Equity is [email protected]
2. The increase in current assets indica
1. A certain company had the following purchases and sales during the year, what was the cost
of good sold for each unit sold and what is the value of the ending inventogl under LIFO
100 units co
2. What was the cost of good sold for each unit sold and what is the value of the ending
inventogg under FIFO inventory accounting?
100 units costing $20/unit purchased in 2000, and 200 units costing $35 purchased in 2003.
January 1 purc
Cost the Company of Labor
State Unemplogment (SUT) Various (3.4%) $7000 ~
Emlo ee Trainin Tax 01% $7000
Workers Com a ensation
Medical/ Dental/ Vision insurance
(lost the Employeew
Sfare Oigabilif Tax (300 $9336
Sfaz Income Tax (see Schedule)
if Lemme mm is aver-o but not warm the tax is:
5? ' 587% 16% a? me amoum over 56
38.388 $35 358 $8.76 941:5 323% c: we ama
4r) Case S]
1) What is the material cost per ingot for the following aluminum ingot?
o The cost of a roll of aluminum from which the aluminum ingots are cut is $8.5
Each foot weighs 4 lbs
Each foot produces 20 ingots.
The ingots weight 1.5 02 ea
Answer the following questions from the ABC_4_Mfg_ABC4Mkting&Mfging_Lewis pdf.
1. Describe as many Process improvement Fundamental tools explicitly and implicitly mentioned in
2. Describe the purpose ofABC product costing and how it is differ
Cal Poly IME239 Analysis of an Annual Report I Spring 2013
Industrial Costs & Controls Ms. Karen Bangs
Analysis of an Annual Report
rpose: The purpose of this exercise is to understand the information presented in an Annual Report enough to
analyze the rm
A certain company had the following purchases and sales during the year, what was the cost of good sold for each unit sold and what is the value of the ending inventory under LIFO inventory accounting?
Beginning balance 10,000
Homework Chapter 8
Chpt 8: 4,5,9,16,18 8.4 It is true that a company can get greater cash flow when the depreciation tax shields are high. The high depreciation tax shields leads to lover taxes. 8.5 Land is not depreciated because it does not f