Managerial Accounting

Norman Horn owns a small travel agency. His revenues are based on commissions earned as follows: Airline bookings 8% commission […]

Edison Digital manufactures palmtop computers. The following data from the company are available for 2000 and 2001: Standard costs per

Johnson Tools makes a unique workman’s tool. The company produces and sells approximately 500,000 units per year. The projected unit

Speedy Mouse Inc. makes a special mouse for computers. Each mouse sells for $25 and annual production and sales are

Franklin Optical Shop has been in operation for several years. Analysis of the firm’s recent and records reveals the following:

Winnie Wholesalers sells baseball products. The Little League Division handles both bats and gloves. Historically, the firm has averaged three

George Massat started a new business in 1999 to produce portable, climate-controlled shelters. The shelters have many applications in special

Compute the answers to each of the following independent situations. a. SmallCo sells two products, M and N. The sales

Red’s Furniture Manufacturing produces a line of tables and chairs from specialty hardwoods. It makes three different styles of chairs,

During late 2003, the chair of the Texas Society of CPAs, Nita Clyde, wrote a letter to Scott Voynich, chair