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Dali, Inc. is constructing its marketing budget. ​   1st quarter 2nd quarter 3rd quarter 4th quarter Sales 30,000 40,000 50,000 60,000 Production 35,000 45,000 55,000 65,000 ​ Commissions are $3 per unit sold. Salesperson salaries are $100,000 per quarter. Depreciation is $25,000 per quarter. Travel is $10,000 per quarter. Advertising is $50,000 in the first quarter; $40,000 in the second quarter; $60,000 in the third quarter; and $55,000 in the fourth quarter. What is the budgeted marketing expense for the third quarter?

In a CVP graph, the intersection of the total costs line and the total sales revenue line is the break-even point in units.

In a job-order costing system, if costs are incurred to rework a job due to inadequate training of personnel, these costs would be

Income taxes are generally calculated as a percentage of income.

A company incurred $120,000 of common fixed costs and $180,000 of common variable costs. These costs are to be allocated to Departments XX and YY. Data on capacity provided and capacity used are as follows:     Capacity Provided Capacity Used Department in Hours in Hours       XX 500 400       YY 300 400 ​ Assume that both fixed and variable costs are allocated on the basis of capacity used. The fixed and variable costs allocated to Department XX are   Fixed Variable

Efforts to simplify activity-based costing systems (ABC) involve either before-the-fact simplification or after-the-fact simplification.

Edelstein Company had the following data for 2018: Units in process at the beginning of the month 4,000 Units in process at the end of the month 10,000 Units started during the month 40,000 ​ Materials are added at the beginning of the process. Beginning work in process was 40 percent complete as to conversion. Ending work in process was 70 percent complete as to conversion. What is the number of units completed and transferred out during the period?

Compare and contrast static budgets, flexible budgets, and activity-based budgets.

Ely Company has two support departments, Maintenance Department and Personnel Department, and two producing departments, X and Y. The Maintenance Department costs of $60,000 are allocated on the basis of standard service hours used. The Personnel Department costs of $9,000 are allocated on the basis of number of employees. The direct costs of Departments X and Y are $18,000 and $30,000, respectively. Data on standard service hours and number of employees are as follows:     Maint. Person. Dept. Dept.   Dept. Dept. X Y Standard service hours used 100 50 300 150 Number of employees   5 10  45  45 Direct labor hours  50 50 250 250 ​ Predetermined overhead rates for Departments X and Y, respectively, are based on direct labor hours. What is the overhead rate for Department Y assuming the direct method is used?

Citizens Bank has two bank locations: Main and Suburbs. The central office provides check-processing services for the two banks. Information pertaining to the banks is as follows:     Check Processing Main Suburbs Budgeted fixed costs $100,000 – – Budgeted variable rate per hour $         20 – – Normal usage in hours        – 600 400         Actual fixed costs $107,500 – – Actual variable costs $  17,500 – – Actual usage in hours – 550 250 ​ Required: ​ a. Use the direct method to allocate the check-processing center costs to each bank to provide information for setting service charges. b. Use the direct method to allocate the check processing center costs to each bank for performance evaluation purposes. c. Determine the costs of the check-processing center NOT allocated to the two banks. Why were these costs not allocated to the operating units?