Cost of goods sold = Total expected manufacturing cost per unit * number of units sold
= 45 * 400000
= $ 18,000,000
cost of good is also not 21200,000 During year 1, Rooney Manufacturing Company incurred $8,000,000 of...
Check During year 1. Rooney Manufacturing Company incurred $8,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1 Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $45 per unit. Packaging, shipping, and sales commissions are expected to be $8 per unit. Rooney expects to sell 2,000,000 batteries before new research renders the battery...
what is the selling expense CUCU JUULUUSTULUI Catec During year 1, Rooney Manufacturing Company incurred $8,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $45 per unit. Packaging, shipping, and sales commissions are expected to be $8 per unit. Rooney expects to sell 2,000,000...
During 2017, Rooney Manufacturing Company incurred $94,500,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $44 per unit. Packaging, shipping, and sales commissions are expected to be $13 per unit. Rooney expects to sell 2,100,000 batteries before new research renders the battery design technologically obsolete....
Exercise 1-10A Identifying upstream and downstream costs LO 1-4 During 2017, Rooney Manufacturing Company incurred $118,800,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $74 per unit. Packaging, shipping, and sales commissions are expected to be $11 per unit. Rooney expects to sell 2,700,000 batteries...
During year 1, Adams Manufacturing Company incurred $120,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $66 per unit. Packaging, shipping, and sales commissions are expected to be $18 per unit. Adams expects to sell 2,500,000 batteries before new research renders the battery design...
Exercise 1-10A (Algo) Identifying upstream and downstream costs LO 1-4 During year 1, Jordan Manufacturing Company incurred $132,000,000 of research and development (R&D) costs to create a long life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1 Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $68 per unit. Packaging, shipping, and sales commissions are expected to be $14 per unit. Jordan expects...
During year 1, Benson Manufacturing Company incurred $51,600,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $44 per unit. Packaging, shipping, and sales commissions are expected to be $11 per unit. Benson expects to sell 1200,000 batteries before new research renders the battery design...
1 During 2017, Solomon Manufacturing Company incurred $124,700,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017 Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $78 per unit. Packaging, shipping, and sales commissions are expected to be $16 per unit. Solomon expects to sell 2,900,000 batteries before new research renders the battery design technologically...
During 2017, Campbell Manufacturing Company incurred $62,400,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $62 per unit. Packaging, shipping, and sales commissions are expected to be $9 per unit. Campbell expects to sell 1,300,000 batteries before new research renders the battery design technologically obsolete....
During 2017, Campbell Manufacturing Company incurred $62,400,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $62 per unit. Packaging, shipping, and sales commissions are expected to be $9 per unit. Campbell expects to sell 1,300,000 batteries before new research renders the battery design technologically obsolete....