Correct answer---------$8.07
Working
| Variable cost (3.40 x 150000) | $ 5,10,000.00 |
| Fixed cost | $ 7,00,000.00 |
| Total cost | $ 12,10,000.00 |
| Divided by Units | 150000 |
| Cost per unit | $ 8.07 |
Fixed cost remains same in totality.
Question 2 10 pts An apparel manufacturing plant has estimated the variable cost to be $3.40...
Question 2 Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Machining Assembly Inspection Compute the overhead cost per unit for each product. Production is 700,000 units...
For a table manufacturing company, selling price for a table is $156.00 per Unit, Variable cost is $25.00 per Unit, rent is $3,179.00 per month and insurance is $292.00 per month. Company wants to expand its business and improve the table quality, it wants to increase the selling price for a table to $297.00 per Unit, Variable cost to $42.00 per Unit, bigger area will have rent $5,816.00 per month and insurance is $336.00 per month At what point will...
The Goal One Company manufactures windows. Its
manufacturing plant has the capacity to produce 20,000 windows each
month. Current production and sales are 15,000 windows per month.
The company normally charges $150 per window.
Goal One has just received a special one-time order
for 5,000 windows at $125 per window. Accepting the special order
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1. What is the total manufacturing cost added to Work in Process
during the year?
2. What is the journal entry to record the transfer of completed
jobs that is referred to in item g above?
Record the manufactured goods completed during this year.
3. What is the ending balance in Work in Process?
4. What is the total amount of actual manufacturing overhead
cost incurred during the year?
5. Is manufacturing overhead underapplied or overapplied for the
year? By...
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doing the journal entries letter H... "manufacturing overhead
cost was applied to jobs"i understand how to get the applied MOH
amount however, i dont understand how to journalize it in terms of
overapplied and underapplied. I thought if it was overapplied then
you debit Manufacturing overhead... the answer says to credit MOH
and debit WIP. please explain.
0 LLL LLL LULU 39,ZUA. The job contained only four units. If the company bills at a price 60% above the unit product...
Problem 12-18 Relevant Cost Analysis in a variety of Situations [LO12-2, LO12-3, LO12-4] Andretti Company has a single product called a Dak. The company normally produces and sells 87,000 Daks each year at a selling price of $56 per unit. The company's unit costs at this level of activity are given below: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Total cost per unit $ 8.50 11.00 2.60 4.00 ($348,000 total) 2.70...
10 Check my work 2 Andretti Company has a single product called a Dak. The company normally produces and sells 89,000 Daks each year at a selling price of $62 per unit. The company's unit costs at this level of activity are given below: 5 Direct materials $9.50 points Direct labor 12.00 Variable manufacturing overhead 2.90 Fixed manufacturing overhead .. ($534,000 total) eBook g expenses Fixed selling expenses 3.50 ($311,500 total) Print $35.60 Total cost per unit References A number...
Problem 11-18 Relevant Cost Analysis in a variety of Situations (LO11-2, LO11-3, LO11-4] Andretti Company has a single product called a Dak. The company normally produces and sells 122,000 Daks each year at a selling price of $48 per unit. The company's unit costs at this level of activity are given below: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expenses Fixed selling expenses Total cost per unit $ 8.50 10.00 3.30 5.00 $610,000 total) 1.70...
roblem 11-18 Relevant Cost Analysis in a Variety of Situations [LO11-2, LO11-3, LO11-4] Andretti Company has a single product called a Dak. The company normally produces and sells 121,000 Daks each year at a selling price of $40 per unit. The company’s unit costs at this level of activity are given below: Direct materials $ 6.50 Direct labor 11.00 Variable manufacturing overhead 2.20 Fixed manufacturing overhead 5.00 ($605,000 total) Variable selling expenses 3.70 Fixed selling expenses 4.50 ($544,500 total) Total...