Homework Answers
| Labor (20*27) | $540 |
| Overhead (540*200%) | 1080 |
| Material cost | 97 |
| Packing cost (540*15%) | 81 |
| Subcontractor cost | 15 |
| Total | $1813 |
| Sales commission (1813*0.15/0.55) | 494.45 |
| Profit (1813*0.30/0.55) | 988.91 |
| Selling price | $3296.36 |
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Question 4 10 pts Estimate the unit selling price of an item for which the following...
Paragraph Styles r Add-ins Font Unit Cost and Selling Price 9. Estimate the unit cost and...
Paragraph Styles r Add-ins Font Unit Cost and Selling Price 9. Estimate the unit cost and selling price of manufacturing metal wire cutters in lots of 100 when these data have been obtained: . Factory (direct) labor: 4.2 hours at SI 1.1 5Љ0ur . Factory overhead: 1 50% of factory labor . Outside manufacture: $74.87 . Production material: $26.20 Packing costs: 7% of factory labor Desired profit: 12% of total manufacturing cost · R/ Favor llene la tabla Factory (direct)...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $480,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $720,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $640,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $480,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of S800,000 (gnore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price You are consulted by Investors, Inc.,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price You are consulted by Investors, Inc., a group of investors planning a new product. They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 10% of their estimated investment of $1,000,000 (ignore income taxes). Their plans indicate that each unit of the new product requires the...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $600,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation,...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $560,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
2) Consider the data provided below for three products Product Selling Unit direct Unit Unit Unit...
2) Consider the data provided below for three products Product Selling Unit direct Unit Unit Unit Unit price material direct outsourcing overhead processing labor cost (S) time at the bottleneck (hrs 125 250 200 25 100 110 35 35 35 25 25 25 12 2.5 12 There is 600 total available machine-hours on the bottleneck machine. The sales department estimates the maximum sales for each product to be as follows: A : maximum 70 B:maximum 120 C:maximum 220 a) What...
Paragraph Styles r Add-ins Font Unit Cost and Selling Price 9. Estimate the unit cost and selling price of manufacturing metal wire cutters in lots of 100 when these data have been obtained: . Factory (direct) labor: 4.2 hours at SI 1.1 5Љ0ur . Factory overhead: 1 50% of factory labor . Outside manufacture: $74.87 . Production material: $26.20 Packing costs: 7% of factory labor Desired profit: 12% of total manufacturing cost · R/ Favor llene la tabla Factory (direct)...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $480,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $720,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of $640,000 (ignore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price Two inventors, recently organized as Innovation, Inc., consult you regarding a planned new product.They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 15% of their estimated total long-term investment of S800,000 (gnore income taxes). Their plans indicate that each unit of the new product requires...
Total Manufacturing Cost, Income Statement, Unit Cost, and Selling Price You are consulted by Investors, Inc., a group of investors planning a new product. They have estimates of the costs of materials, labor, overhead, and other expenses for 2016 but need to know how much to charge for each unit to earn a profit in 2016 equal to 10% of their estimated investment of $1,000,000 (ignore income taxes). Their plans indicate that each unit of the new product requires the...
2) Consider the data provided below for three products Product Selling Unit direct Unit Unit Unit Unit price material direct outsourcing overhead processing labor cost (S) time at the bottleneck (hrs 125 250 200 25 100 110 35 35 35 25 25 25 12 2.5 12 There is 600 total available machine-hours on the bottleneck machine. The sales department estimates the maximum sales for each product to be as follows: A : maximum 70 B:maximum 120 C:maximum 220 a) What...
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