Q1)
a) P=250 SR , V=150 SR , F=360,000 SR , X=F/(P-V) -> X=3600 Product .
b) Profit = (P-V)X - F -> 120,000 + F = (P-V)X -> X=(120,000)/(P-V) -> X= 4800 Products.
c) X=15000 SR , Profit=(P-V)X - F-> Profit=1140000 SR.
d) New P = 212.5 SR, Profit = 577500

KFUPM
NAME:
SOLUTION
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 4
Instructor: E. Hassini
Consider the following information for Toylands Manufacturing.
Activity
Machining Dept.
Setup
Machining
Packaging Dept.
Assembly
Inspection
Overhead

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Quiz 5 Solution
For each question below, circle T if the statement is true and F if the statement is false.
Part A: Conceptual Questions: (12 points- 2 points each)
1
T
F
In a two-stage cost

KFUPM
NAME:
SOLUTION
Systems Engineering
Student Number:
ISE 304 Fall 2009
Quiz 5
Instructor: E. Hassini
The Suzuki company has a division in Riyadh that assembles two-wheel motorcycles. Its budgeted Middle
East and Africa sales for Model G in 2010 is 960

KFUPM
NAME:
-SOLUTION-
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 4
Instructor: E. Hassini
Consider the following information for Toylands Manufacturing.
Activity
Machining Dept.
Setup
Machining
Packaging Dept.
Assembly
Inspection
Overhe

KFUPM
NAME:
-Solution-
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 6
Instructor: E. Hassini
A manufacturing company has two divisions: Motor and Pump. The Motor Division produces an
intermediate good, motors, that can be used as an input

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Homework Assignment 4
Answer Key
Read Chapter 11.
1. PM Industries has two service departments (S1 and S2) and three production departments (P1, P2, and
P3). The following table shows the cos

ISE 304: Principles of Industrial Costing Section (01), Term 141
Homework #2
Instructor: Heungjo An
Posting Date: November 3, 2014
Due Date: November 17, 2014 (Monday)
NOTES:
If your answer is the same to the solutions manual, some penalty points will be

ISE 304: Principles of Industrial Costing Section (01), Term 141
Homework #1
Instructor: Heungjo An
Posting Date: September 17, 2014 (Wednesday)
Due Date: September 24, 2014 (Wednesday)
NOTES:
If your answer is the same to the solutions manual, some pena

ISE 304: Principles of Industrial Costing Section (01), Term 141
Homework #1 Solution
Instructor: Heungjo An
Posting Date: September 17, 2014 (Wednesday)
Due Date: September 24, 2014 (Wednesday)
NOTES:
If your answer is the same to the solutions manual,

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Quiz 4 Solution
For each question below, circle T if the statement is true and F if the statement is false.
Part A: Conceptual Questions: (12 points- 2 points each)
1
T
F
The term "product" o

KFUPM
NAME:
SOLUTION
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 3
Instructor: E. Hassini
A summary of the job cost sheets for a Welding company department for the end of March shows the
following:
Job #
101
102
103
Total
Direct materials

Accounting 285 Exam I Spring 2005
Name (please print)
Section
Exam Instructions:
1. Use a number 2 pencil to complete the answer sheet. You may use a calculator, but
no communication devices are permitted (cell phones, computers, PDAs.)
2. Be sure that th

Problem1529TransferPricingwithImperfectMarkets:ROIEvaluation,NormalCosting(LO152)
Athena Company has two divisions. Spartan Division, which has an investment base of $4,100,000,
produces and sells 450,000 units of a product at a market price of $14 per un

ISE304.01 Principals of Industrial Costing
Summer Session (103)
Quiz 3 Solution
For each question below, circle T if the statement is true and F if the statement is false.
Part A: Conceptual Questions: (20 points- 2 points each)
1
T
F
One advantage of the

ISE304.01 Principals of Industrial Costing
Summer Session (103)
Quiz 2 Solution
For each question below, circle T if the statement is true and F if the statement is false. (20 points- 2 points
each)
1
T
F
The basic profit equation used for cost-volume-pro

ISE304.01 Principals of Industrial Costing
Summer Session (103)
Quiz 1 Solution
For each question below, circle T if the statement is true and F if the statement is false. (30 points- 2 points
each)
1
T
F
The value chain comprises activities from research

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Homework Assignment 3
Answer Key
Read Chapter 9.
1. A firm produces three items (A, B, and C) in two departments, Machining and Assembly. Each product
requires one hour of direct labor for co

KFUPM
NAME:
-Solution-
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 1
Instructor: E. Hassini
A product is sold for $75 each with unit cost of direct materials $20, direct labor $15, variable manufacturing overhead $12, and fixed manufactur

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Homework Assignment 1
Answer Key
Read Chapter 2.
1.
The following cost and inventory data were taken from the records of the BBB Company for the year
2010:
Costs incurred:
Total Manufacturing

ISE304.01 Principles of Industrial Costing
Summer Session (103)
Homework Assignment 2
Answer Key
Read Chapter 6.
1.
LC machinery produces two models of shavers, the Regular and the Turbo. Data on operations and
costs for June are:
Regular
Turbo
Total
Mach

KFUPM
NAME:
SOLUTION
Systems Engineering
Student Number:
ISE 304 Spring 2010
Quiz 3
Instructor: E. Hassini
A summary of the job cost sheets for a Welding company department for the end of March shows the
following:
Job #
101
102
103
Total
Direct materials

ISE 304: Principles of Industrial Costing Section (01), Term 141
Homework #2
Instructor: Heungjo An
Posting Date: November 3, 2014
Due Date: November 17, 2014 (Monday)
NOTES:
If your answer is the same to the solutions manual, some penalty points will be