Cost Accounting Assignment
InstructionsQ 1 Provide numerical example of assigning support department cost and discuss the purpose of assigning support department costs (Chapter 8, Measuring and Assigning Support Department Costs).Q 2 LMN Compagny produces three products K, L and M.During the year, the joint costsof processing the three products were $480,000.Production and sales value information were as follows:Sales ValueProduct Units at Split-Off Separable Costs Selling PriceK 500,000 $13 per unit $6.00 per unit $40 per unitL 300,000 $12per unit $4.00 per unit $37 per unitM 200,000 $8 per unit $3.00 per unit $28 per unitAllocate the joint costs using the physical output method.(Chapter 9, Joint product and by – Product costing)Q 3Provide numerical examples of static and flexible budget and discuss how these budgets could be used to evaluate the performance of the managers (Chapter 10, Static and flexible budgets).All required chapters and question file attached.
Q2: One of the famous computer factories announced the production of high-speed computers with a processor speed of 6.5 gigahertz, One of the major computer companies decided to purchase commercial quantities of these handheld computers, but wanted to make sure From the manufacturer claim before completing the purchase .. write the factory claim test hypothesis?
Q3: One of the studies noticed an increase in the weights of male students in the secondary stage. By taking a sample of (100) students, it was found that their average weights reached (70) kilos, with a standard deviation of (3.5). Note that the average weights of high school students – males – in the society is (65), and the data follow the normal distribution and the alpha value = (0.05). Do you support the hypothesis of increasing the weights of students Males in the secondary stage? Explain this with
Evidence
Q4: If the average increase in the wages of workers in one of the institutions in 2015 was (360), with a standard deviation of (80), and in 2019 a sample of (64) workers in this institution was taken , It was found that the arithmetic average of the increase in their wages amounted to (400) .Does this indicate that the average increase in wages for workers in 2019 differed from the average increase in wages In 2015? This is at a significant degree (0.05) if we assume that the data follow a normal distribution.
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