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    1    Dandelion Manufacturing has the following data :
        SellingPrice    $ 160.00
        Variable Manufacturing Cost    $ 88.00
        Fixed Manufacturing Cost    $ 340,000.00    per month
        Variable Selling & Administrative Costs    $ 22.00
        Fixed Selling & Administrative Costs    $ 180,000.00    per month
    a    BEP    4722.2222222222
        Contribution    $ 72.00
        Fixed Cost    $ 340,000.00
        BEP Units    4723
    b    What dollar sales volume does Dandelion need to achieve a $100,000 operating Profit ?
        Expected Profit    $ 100,000
        Contribution Margin    $ 72
        Additional Units to sell    1389
        BEP    4723
        Total units to be sold    6112
2
    2    Broadway Corporation's production cycle starts in the production department.
        The following information is available for May.
            Units
        WIP , May 1 (30% complete)    80,000
        Total units in Process during May    340,000
        WIP May 31 ( 80% complete)    30,000
        WIP 30% Complete    24000
        Total units in process    340,000
        WIP at the end 80%    9,000
        Total Units for May    373,000
3
    3    Total Annual Cost    8080000
            Connections    Time on Network (hrs)
        Commercial    280,000    540,000
        Wholesale    310,000    640,000
        Consumer    420,000    980,000
    a    What is the total computer server network cost allocated to the Consumer Division,
        assuming iguana uses the single-rate method and allocates common costs based on the number of connects?
        Cost allocation based on number of connections
        Total connections    1,010,000
        Total Cost    8080000
        Cost/ connection    $ 8.00
            Connections    Cost
        Commercial    280,000    2,240,000
        Wholesale    310,000    2,480,000
        Consumer    420,000    3,360,000
                8,080,000
    b    Cost allocation based on time.
        Description    Time on Network (hrs)    Total Cost
        Commercial    540,000    $ 2,020,000
        Wholesale    640,000    $ 2,394,074
        Consumer    980,000    $ 3,665,926
            2,160,000    $ 8,080,000
        Cost / hour    3.74
    c    Based on the time, it will be 3.74 cost/hr.
4
    4        Product A    Product B
        Sales    $ 4,830,000    $ 4,250,000
        Variable Costs    $ 2,980,500    $ 2,380,400
        Fixed costs    $ 1,390,000    $ 1,250,000
        Net Income    $ 459,500    $ 619,500
        Units    $ 420,000    $ 380,000
        Sales Price / Unit    $ 11.50    $ 11.18
        Product Lines    Units    Sales    S/p
        A    425,800    4,768,960    11.2
        B    387,500    4,340,000    11.2
    a    What is the total Sales price variance ?
        Actual Sales Units x Actual Price - Actual sales Unts xBudgeted Price
    =    4,768,960    4896700
    =    (127,740)    Unfavourable Variance
        This variance due to variance in the actual selling and budgeted selling price.
    a    Sales price variance is $127,740
    b    Sales price variance is unfavorable
PArt A-1
        Stump Hotel 2018
        Assets
        Current Assets
        Cash & Cash Equivalents                177
        Accounts & Notes Receivable                981
        Inventories                741
        Other Current non-Liquid Assets                71
        Total Current Assets                    1970
        Net Property , plant &Equipment                289
        Other Long Term Assets                136
        Total non-Current Assets                    425
        Total Assets                    2395
        Liabilites
        Current Liabilities
        Accounts Payable                139
        Accured Liabilities                269
        Other Payables & Accruals                105
        Total Current Liabilities                    513
        Long Term Debt                679
        Deffered Tax Liabilites                104
        Other Long Term Liabilites                123
        Total Long Term Liabilites                    906
        Stock Holder's Equity
        Common Stock                1000
        APIC                151
        Retained Earnings                255
        Treasury Stock                -430
        Total Equity                    976
        Total Liabilities & Equity                    2395
    1
        CA/CL =3.84016
        CA = 513*3.84016
        CA =1970
    2    Acid Test
        QA/CL = 2.3957
        QA =513*2.3957
        QA = 1229
    3    Debt/Equity = 1.45389
        Debt= 976 *1.45389
        Debt = 1419
    4    Total Liabilities = 1419
        Total Long Term Liabilites = 906
        so, Long Term Debt = 679
    5    CA-QA = Inventory
        1970-1229 = 741
Part A-2
    2
        1-Jan    240 units    $54    12960
    a    FIFO        Units    Price/unit    Total
    1-Jan    Opening Bal        240    54    12960
    10-Jan    Purchases        210    45    9450
    20-Jan    Purchases        420    52    21840
                870
    12-Jan    Sales    375    240    54    12960
                135    45    6075
    28-Jan    Sales    435    75    45    3375
                360    52    18720
                810
        Ending Inventory        60    52    3120
    b    LIFO
                Units    Price/unit    Total
    1-Jan    Opening...