Homework Answers
1.direct material = 6
direct labor = 1.50
Fixed Manufacturing OH = 0.075
Total : 7.575
2. actual production is 200750 tins
3.Manfacture Fixed OH : 15000.
4. Manufacture OH : 103250
5.20075 Std hours (200750/100)
6. Actual Hours worked is 20275 hours (300/1.5=200)
7. Std cost of actual production is 1204500 (200750*6)
8. total material cost is 1221300 (1204500+16800)
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During a Skype session with Jordan and Taylor, you mention that your current cost model in accounting is break-even analysis. They are not following your explanation, but they say they will swing by with some brownies for a discussion. More brownies! This is paying off, except for those extra pounds. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of...
Please include all calculations, will give a like. Jordan and Taylor are beginning to understand break-even...
Please include all calculations, will give a like.
Jordan and Taylor are beginning to understand break-even analysis. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated at $100,000 for the expected sales of 200,000 tins. Operating expenses are projected to be $80,000 annually. After looking over the costs for manufacturing overhead and operating expenses, you approximate that 85% of...
Managerial Accounting
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Chapter 19 Managerial Analysis Discussion Post v Available on Sunday, February 16, 2020 12:00 AM EST Q Group/section restrictions. Must post first. Jordan and Taylor are beginning to understand break-even analysis. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated at $100,000 for the expected sales of 200,000 tins. Operating expenses are projected to be $80,000 annually. After looking...
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please help with all. thank you :)
During a Skype session with Jordan and Taylor, you mention that your current cost model in accounting is break-even analysis. They are not following your explanation, but they say they will swing by with some brownies for a discussion. More brownies! This is paying off, except for those extra pounds. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of...
Please include all calculations, will give a like.
Jordan and Taylor are beginning to understand break-even analysis. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated at $100,000 for the expected sales of 200,000 tins. Operating expenses are projected to be $80,000 annually. After looking over the costs for manufacturing overhead and operating expenses, you approximate that 85% of...
During a Skype session with Jordan and Taylor, you mention that your current cost model in accounting is break-even analysis. They are not following your explanation, but they say they will swing by with some brownies for a discussion. More brownies! This is paying off, except for those extra pounds. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated...
Chapter 19 Managerial Analysis Discussion Post v Available on Sunday, February 16, 2020 12:00 AM EST Q Group/section restrictions. Must post first. Jordan and Taylor are beginning to understand break-even analysis. Selling price to Yumminess at $10 per tin. The cost is $8 per tin, which includes $6 of direct material and $1.50 of direct labor. Annual manufacturing overhead is estimated at $100,000 for the expected sales of 200,000 tins. Operating expenses are projected to be $80,000 annually. After looking...
Please help to solve number 5.
Also, i am confused with U or F for tasks 1-4, please check if you
can. Thank you.
Gourmet, Inc. produces containers of frozen food. During October the company had the following actual production and costs. Actual Containers produced in October Variable Overhead Fixed Overhead Direct Labor cost Actual material purchased Actual Material pounds used 720 $5,700 $13,000 $80,000 Which is $28,000 Which is 3,900 Direct labor hours 15,000 pounds 14,600 pounds Overhead is...
please solve this problem for me, thanks!
Case 10-17 Working Backwards from Variance Data (L010-1, LO10-2, LO10-3) Vitex, Inc. manufactures a popular consumer product and it has provided the following data excerpts from its standard cost system: Inputs Direct materials Direct labor Variable manufacturing overhead Total standard cost per unit (1) Standard Quantity or Hours 2.00 pounds 1.00 hours 1.00 hours (2) Standard Price OF Rate $16.80 per pound $15.80 per hour $9.40 per hour Standard Coat (1) * (2)...
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