cost accounting assignment 5 #1 Essay Answers
cost accounting assignment 5 #1 Essay Answers – #1 Essay Answers
Assignment Question(s):
Q1. Spaghetti is a family-owned restaurant in KSA.The corporate office provides 2 kinds of services (maintenance and personnel) to 3 locations (Riyadh, Jeddah and Dammam).
In a recent accounting period, the cost for maintenance was $25,000 and for personnel was $15,000. Maintenance costs are allocated on the basis of square feet, and personnel costs are allocated based on the basis of number of employees.
Number of
Square FeetEmployees
Support Departments:
Maintenance1,000 15
Personnel1,0008
Operating Departments:
Riadh5,000 12
Jeddah6,000 18
Dammam3,000 10
If the restaurant uses the direct method and the costs of Riadh location, Jeddah location and Dammam location are $15,000, $12,000 and $10,000 respectively, calculate the total costs allocated to each restaurant location.
Q 2 The cost to produce one unit of the product is:
Material $ 12.00
Labor $ 9.00
Variable cost $ 6.00
Fixed expenses$ 18.00
Total fixed expenses: $ 1,440,000
The company’s normal capacity is 100,000 units.The figures given above are for 80,000 units.
The company has received a special offer for 20,000 units for a price of $ 36 per unit from a foreign customer.
Advice the manufacturer on whether the order should be accepted.
Q 3 Taha Compagny produces three products: Product A, Product B, and Product C.
During the year the joint costs of processing the three products were $400,000.Production and sales value information were as follows:
Sales Value
ProductUnits at Split-OffSeparable Costs Selling Price
A400,000 $20 per unit $ 20 per unit$40 per unit
B400,000 $18 per unit $ 15 per unit$28 per unit
C800,000$12 per unit$14 per unit$17 per unit
a.Allocate the joint costs using the physical output method.
b.Allocate the joint costs using the net realizable value method.
c. Allocate the joint costs using sales value at split-off point method.
We have a team of Assignment experts who are the leading assignment help providers in the worldwide platform. We have university assignment expert who help the students in the best possible manner. At Google, there are many service providers as well that might not be reliable and do not guarantee money-back. But our assignment help service company is legal and reliable and provides plagiarism-free work without any cheating. Each company has its formats of submitting the assignments and placing the order. The assignment's subject, topic, and deadline need to be provided to the service providers. Based on the following documents, the price is quoted and approved. The experts are often called academic writers who all possess extensive knowledge and experts in the field. The services of academic writings include custom help in essay writing, term paper, coursework, homework assignments, research writings, dissertation, and many more.
Step-by-step solutions. Top grades guaranteed.