Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31:

Required:

Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process—Roasting Department. If required, round your cost per equivalent unit answer to two decimal places.

Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31:

Required:

Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process—Roasting Department. If required, round your cost per equivalent unit answer to two decimal places.

Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31:

Required:

Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process—Roasting Department. If required, round your cost per equivalent unit answer to two decimal places.

Cost of Production Report: Average Cost Method

Sunrise Coffee Company roasts and packs coffee beans. The process begins in the Roasting Department. From the Roasting Department, the coffee beans are transferred to the Packing Department. The following is a partial work in process account of the Roasting Department at December 31:

Required:

Prepare a cost of production report, using the average cost method, and identify the missing amounts for Work in Process—Roasting Department. If required, round your cost per equivalent unit answer to the nearest cent.

The market demand is given as;

P = 100 – Q

Marginal cost of production is given as;

MC = 10

1. Calculate the level at which market decides to produce and market price   
2. Total Revenue ( TR) and Total Cost (TC)
3. Economic Profit (π)
4. Identify the market structure; either perfect competition or monopoly?

Given the following information, find the yield to maturity (YTM)

DTD- 03/15/2014

Coupon rate- 4.625%

Maturity- 03/15/2024

market price- 93.749 per share (total market price= 22,812.50)

Cost price- 100.30 per share (total cost price = 25,813.25)

Write a program that computes the tax and tip on a restaurant bill for a patron with $44.50 meal charge. The tax should be 6.75% of the meal cost. The tip should be 15% of the total after adding tax. Display the meal cost, tax amount, tip amount, and total bill on the screen. (I need this to be in OOP).

An economist estimates that a football team faces the below demand schedule for tickets for each home game it plays. The economist estimates that the team’s marginal cost of attendance, and thus for all tickets sold, is $20.

1. Construct a table showing columns for the firm’s Total Revenue, Marginal Revenue and Marginal Cost.
2. Draw the demand, marginal revenue and marginal cost curves of the football team.
3. What is the team’s profit maximizing price and quantity of tickets it needs to sell?
4. What is the price elasticity of demand at the price you determined in part (c)?
5. What is the team’s total revenue when it produces its profit maximizing output?
6. Assume that the team’s total cost of producing its profit maximizing output is $150,000. What is the team’s total profit at this output level

Desilets Corporation has provided the following data from its activity-based costing accounting system: Supervisory wages $ 85,600 Factory utilities $ 306,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Batch Set-Ups Unit Processing Other Total Supervisory wages 60 % 37 % 3 % 100 % Factory utilities 29 % 63 % 8 % 100 % The "Other" activity cost pool consists of the costs of idle capacity and organization-sustaining costs that are not assigned to products. Required: a. Determine the total amount of supervisory wages and factory utilities costs that would be allocated to the Unit Processing activity cost pool. b. Determine the total amount of supervisory wages and factory utilities costs that would NOT be assigned to products. Determine the total amount of supervisory wages and factory utilities costs that would NOT be assigned to products. Unassigned Costs Supervisory wages Factory utilities