Homework Answers
1.
| Royale | Majestic | |
| Overhead cost: | ||
| Purchasing ($31 per order) | $496,000 | $682,000 |
| Machine setups ($51 per setup) | 204,000 | 612,000 |
| Machining ($41 per hour) | 3,034,000 | 1,804,000 |
| Quality control ($26 per inspection) | 260,000 | 416,000 |
| Total assigned costs | $3,994,000 | $3,514,000 |
| Cost per unit | $159.76 ($3,994,000/25,000) | $351.4 ($3,514,000/10,000) |
2.
| Royale | Majestic | |
| Direct material | $600 | $390 |
| Direct labor | 120 | 100 |
| Overhead cost | 159.76 | 351.4 |
| Cost per unit | $879.76 | $841.4 |
3.
| Royale | Majestic | |
| Sales per unit | $1,480 | $1,270 |
| Cost per unit | (879.76) | (841.4) |
| Gross profit per unit | $600.24 | $428.6 |
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Current Director per hour them and me he other w d t In 2017 Schultmanded. Under...
Question 3 of 3 -/4 View Policies Current Attempt in Progress Crane Electronics manufactures two ultra...
Question 3 of 3 -/4 View Policies Current Attempt in Progress Crane Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($38 per DLH) Total per unit cost Royale $600 120 228 $948 Majestic $390 100 190 $680...
need to find the "cost per unit " in each model (royale and majestic) AND the...
need to find the "cost per unit " in each model (royale and
majestic) AND the "gross profit" in each model using ABC costing
(royale and majestic).
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1.580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Royale $660 Traditional Costing Direct materials Direct labor ($20 per hour) $...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which ses for $1.270. The production cost computed per unit under traditional costing for each modelin 2020 was as follows. Traditional Costing Direct materials Direct labor (S20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale Majestic $600 $430 120100 246 205 8966 5725 In 2020. Schultz manufactured 25.000 units of the Revale and 10,000 units of...
Please ignore the answers currently in the boxes. Those answers are incorrect, I am looking to...
Please ignore the answers currently in the boxes. Those answers
are incorrect, I am looking to answer all of the boxes listed first
within the question.
Your answer is correct. Assign the total 2017 manufacturing overhead costs to the two products using activity-based costing (ABC) and determine the overhead cost per unit. (Round cost per unit to 2 decimal places, e.g. 12.25.) Majestic Royale 4320610 Total assigned costs $ 3896400 Cost per unit 172.82 389.64 Calculate cost per unit of...
Question 5 0/5 View Policies Show Attempt History Current Attempt in Progress Schultz Electronics manufactures two...
Question 5 0/5 View Policies Show Attempt History Current Attempt in Progress Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($42 per DLH) Total per unit cost Royale Majestic $650 $400 100 252 210 $1,022 $710...
Question 3 of 3 -/4 View Policies Current Attempt in Progress Crane Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($38 per DLH) Total per unit cost Royale $600 120 228 $948 Majestic $390 100 190 $680...
need to find the "cost per unit " in each model (royale and
majestic) AND the "gross profit" in each model using ABC costing
(royale and majestic).
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1.580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Royale $660 Traditional Costing Direct materials Direct labor ($20 per hour) $...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which ses for $1.270. The production cost computed per unit under traditional costing for each modelin 2020 was as follows. Traditional Costing Direct materials Direct labor (S20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale Majestic $600 $430 120100 246 205 8966 5725 In 2020. Schultz manufactured 25.000 units of the Revale and 10,000 units of...
Please ignore the answers currently in the boxes. Those answers
are incorrect, I am looking to answer all of the boxes listed first
within the question.
Your answer is correct. Assign the total 2017 manufacturing overhead costs to the two products using activity-based costing (ABC) and determine the overhead cost per unit. (Round cost per unit to 2 decimal places, e.g. 12.25.) Majestic Royale 4320610 Total assigned costs $ 3896400 Cost per unit 172.82 389.64 Calculate cost per unit of...
Question 5 0/5 View Policies Show Attempt History Current Attempt in Progress Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,580, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($42 per DLH) Total per unit cost Royale Majestic $650 $400 100 252 210 $1,022 $710...
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