Angara Corporation uses activity-based costing to determine product costs for external financial reports. The company has provided the following data concerning its activity-based costing system:
Activities (and Activity Measures) Estimated Overhead Cost
Machine related (machine-hours) $317,520
Batch setup (setups) $353,460
General factory (direct labour-hours) $250,560
Expected Activity
Activities Product X Product Y Total
Machine related 5,300 7,300 12,600
Batch setup 10,600 2,300 12,900
General factory 4,300 7,300 11,600
Required:
Assuming that actual activity turns out to be the same as the expected activity, the total amount of overhead cost allocated to Product X would be closest to:
a. $353,460
b. $773,880
c. $420,420
d. $516,880

When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting

Which type of market are you in if your company, along with three other companies, controls 95 percent of the total music industry?

You are the manager in charge of global operations at bankglobal – a large commercial bank that operates in a number of countries around the world. you must decide whether or not to launch a new advertising campaign in the u.s. market. your accounting department has provided the accompanying statement, which summarizes the financial impact of the advertising campaign on u.s. operations. in addition, you recently received a call from a colleague in charge of foreign operations, and she indicated that her unit would lose $8 million if the u.s. advertising campaign were launched. your goal is to maximize bankglobal’s value. should you launch the new campaign? explain. pre-advertising campaign post-advertising campaign total revenues $18,610,900 $31,980,200 variable cost tv airtime 5,750,350 8,610,400 ad development labor 1,960,580 3,102,450 total variable costs 7,710,930 11,712,850 direct fixed cost depreciation – computer equipment 1,500,000 1,500,000 total direct fixed cost 1,500,000 1,500,000 indirect fixed cost managerial salaries 8,458,100 8,458,100 office supplies 2,003,500 2,003,500 total indirect fixed cost $10,461,600 $10,461,600