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linda_us, Master's Degree
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linda_us
Master's Degree
787 satisfied customers
A tutor for Business, Finance, Accounts and other related topics.
Manal Elkhoshkhany
Bachelor's Degree
534 satisfied customers
Finished my BA degree with a GPA of 4.0.
F. Naz
B.Com
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Have completed B.Com and CA Finalist
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Master's Degree
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M.A., M.S. Education / Educational Administration
Bizhelp
CPA
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BA degree and Certified Public Accountant
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Sound knowledge base in accounting and finance.
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Master's Degree in Accounting with excellent math and reasoning skills
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Explain the relationship between the control accounts (Debtors and Creditors) in the general ledger and the subsidiary ledgers relating to debtors and creditors.… read more
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Trying to calculate wacc and having a problem with the WdRd (1-Tax) +WeRe We 70% Wd 30% Rd 8% to $30,000,000 Rd 12.5% above $30,000,000 Stock Price $25.00 Expected Dividend $2.00 Expected Growth 3% Fl… read more
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Traditional Versus ABC Systems Patties Pastries, Inc., (PPI) produces a variety of premium cheesecakes and sells them in individual packages directly to retail customers and in packages of 10 cakes to restaurants in New York, New Jersey, Pennsylvania, and Delaware. PPI started as a small retail outlet, where it developed a superb reputation for quality. In the late 2000s, it opened a chain of retail outlets. Only recently, it started selling cheesecakes to restaurants. Its penetration into the restaurant market has been slower than predicted. Although PPI produces several types of cheesecakes, all are about the same size and are considered a single product for costing purposes. PPI's existing costing system has a single direct-cost category, ingredients, and a single indirect-cost pool, production overhead costs. The system does not trace labor costs to the products; it considers them part of production overhead. Production overhead costs are allocated on the basis of number of cheesecakes produced. The 2015 budget projected production of 700,000 cheesecakes, 500,000 for the retail market and 200,000 for restaurants. Predicted costs were as follows:Ingredients $800,000Production overhead 2,375,000Total $3,175,000In early 2014 PPI had unsuccessfully bid for a large restaurant contract from the Ruby Tuesday's chain. Its bid had been 30% above that of the successful bidder. This came as a shock because PPI had budgeted only a small profit into the bid. In addition, the PPI plant was one of the newest and most efficient in the industry. Before completing the budget for 2015, top management of PPI asked Viola Temple, controller of PPI, to examine the company's cost accounting system. Viola had attended a short course by the Institute of Management Accountants on activity-based costing (ABC), and she thought some of the principles of ABC might apply to PPI. 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Connect with online tutors for single problem help
Some of the single problems already assessed and answered by the certified Experts on JustAnswer include:
- Here is the link to my problem. The deadline is Thursday, at 12pm. Thank you for the help!
- I need to find the mistake I made in order to adjust the balance and finish the income statement in my project.
- I’m trying to calculate WACC, and I’m having a problem with the WdRd (1-Tax) +WeRe.
- Explain the relationship between the control accounts in the general ledger, and the subsidiary ledgers relating to debtors and creditors.
- I am stuck on this problem, and using the book didn’t help. I only have one more try left.
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