Homework Answers
1.
Exercise 4:
| Accept | Reject | Incremental Income | |
| Sales | $ 6.00 | $ - | $ 6.00 |
| Direct Material | $ 1.00 | $ - | $ 1.00 |
| Direct Labor | $ 0.50 | $ - | $ 0.50 |
| Overhead | $ 4.00 | $ 2.80 | $ 1.20 |
| Selling Expenses | $ 1.10 | $ - | $ 1.10 |
| Profit | $ (0.60) | $ (2.80) | $ 2.20 |
| Incremental Profit on Order | $ 1,980.00 | ||
| Should Golf Co. accept the order | Yes |
2.
| Prod A | Prod B | Prod C | |
| Contribution Margin per pound | $10.5 | $14 | $7.35 |
| LBS material needed to meet demand | 1400 | 1190 | 2240 |
| Most profitable sales mix (in units) | 700 | 1190 | 231 |
Working:
| Prod A | Prod B | Prod C | |
| Contribution Margin per pound | =21/2 | =14/1 | =29.4/4 |
| Contribution Margin per pound | 10.5 | 14 | 7.35 |
| Rank | 2 | 1 | 3 |
| Prod A | Prod B | Prod C | |
| LBS material needed to meet demand | =700*2 | =1190*1 | =560*4 |
| LBS material needed to meet demand | 1400 | 1190 | 2240 |
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help with these exercises please
3 Your Company makes 8000 units of a component part. At this level of activity, the cost per part is: Direct materials $3.00 Direct labor $4.00 Variable manufacturing overhead $2.00 Fixed manufacturing overhead $6.00 Total cost per part $15.00 An outside supplier has offered to sell the parts to Your Co. for $12 each. If Your Co. accepts this offer, it will be able to increase production of another product and earn an additional $24000...
i need help with corrections to make these red X’s go away. please provide explaination! board...
i
need help with corrections to make these red X’s go away. please
provide explaination!
board X RO C D E F G Exercise 4 Golf Co made 3,000 novelty golf balls last year. The balls normally sell for $7 each. The costs per ball were as follows: H $1.00 $0.50 Direct materials Direct labor Overhead Selling expenses Total cost per ball $4.00 $0.50 $6.00 This year an overseas company approached Golf Co and asked them to sell an 900...
Exercise 6 Golf Co made 3,000 novelty golf balls last year. The balls normally sell for...
Exercise 6 Golf Co made 3,000 novelty golf balls last year. The balls normally sell for $7 each. The costs per ball were as follows: Direct materials $1.00 Direct labor $0.50 Overhead $4.00 Selling expenses $0.50 Total cost per ball $6.00 This year an overseas company approached Golf Co and asked them to sell an 900 golf balls at $6 each. The sale isn't expected to affect current sales. Most of Golf Co's overhead is fixed, but variable overhead costs...
UNTER COMPONENTS Star 150 150 Costs per unit Direct materials Direct labor Variable overhead Fixed overhead...
UNTER COMPONENTS Star 150 150 Costs per unit Direct materials Direct labor Variable overhead Fixed overhead Total cost per unit Price Units sold Star 100 130 $ 60 30 180 400 $ 580 $ 4,000 40 240 510 780 2,000 40 Additional Information: Variable overhead varies with quantity of direct labor-hours. Average wage rate per hour Plant capacity (in direct labor-hours) 20,000 Current production (in direct labor-hours) 10,000 Requirement a. Information: Star 100 2,500 400 $ Star 150 2,500 500...
Question 1: Special order Sales volume in units 80 Revenue $7.200 Variable costs $1,600 Contribution margin...
Question 1: Special order Sales volume in units 80 Revenue $7.200 Variable costs $1,600 Contribution margin $5.500 Fixed costs $1,500 Prot $4,100 Special orders: A client wants to buy units at a counted price of $0 per unit. This is a one-time deale, a short-term decision). You have enough spare capacity to fulfil this special order without cutting back on your regular sales a) Use the gross approach to decide whether you should take the special orders status quo (no...
please answer a and b on out of 1.00 Flag question Special Order Total cost data...
please answer a and b
on out of 1.00 Flag question Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity. Direct material $100,000 Direct labor 61,600 Variable manufacturing overhead 46,000 Fixed manufacturing overhead (Note 1) 38,400 Selling expense (Note 2 35,200 Administrative expense fored) 15,000 $296,200 Notes: 1. Beyond...
PLEASE HELP ITS DUE IN 30 MINS Check my work [The following information applies to the...
PLEASE HELP ITS DUE IN 30 MINS
Check my work [The following information applies to the questions displayed below.] This year Burchard Company sold 40,000 units of its only product for $25 per unit. Manufacturing and selling the product required $200,000 of fixed manufacturing costs and $325,000 of fixed selling and administrative costs. Its per unit variable costs follow. Part 1 of 2 Material $ 8.00 Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling...
** Please show work and formulas Business Decision Case The following total cost data are for...
** Please show work and formulas
Business Decision Case The following total cost data are for Ralston Manufacturing Company, which has a normal capacity per period of 400,000 units of product that sell for $18 each. For the foreseeable future, regular sales volume should continue at normal capacity of production. Direct materials. ........................ Direct labor. . . . . . . . . . Variable overhead .......... Fixed overhead (Note 1)......... Selling expense (Note 2) ....... Administrative expense (fixed) $1,720,000...
Required: a-2. Complete the following table to determine the differential profit increase (or decrease) if Unter...
Required:
a-2. Complete the following table to determine
the differential profit increase (or decrease) if Unter accepts
this proposal. Prices on regular sales will remain the same.
b-1. Suppose that the car-sharing has offered
instead to buy 3,600 each of the two models at $210 and $260,
respectively. This customer will purchase the 3,600 units of each
model only in an all-or-nothing deal. That is, Unter must provide
all 3,600 units of each model or none. Unter's management has
decided...
Question 1: Special order Sales volume in units 80 Revenue $8,000 Variable costs $1,600 Contribution margin...
Question 1: Special order
Sales volume in units
80
Revenue
$8,000
Variable
costs
$1,600
Contribution margin
$6,400
Fixed costs
$1,300
Profit
$5,100
Special order: A client wants to buy 30 units at a discounted
price of $30 per unit. This is a one-time deal (i.e., a short-term
decision). You have enough spare capacity to fulfill this special
order without cutting back on your regular sales.
a) Use the gross approach to decide whether you should take
the special order:
status...
help with these exercises please
3 Your Company makes 8000 units of a component part. At this level of activity, the cost per part is: Direct materials $3.00 Direct labor $4.00 Variable manufacturing overhead $2.00 Fixed manufacturing overhead $6.00 Total cost per part $15.00 An outside supplier has offered to sell the parts to Your Co. for $12 each. If Your Co. accepts this offer, it will be able to increase production of another product and earn an additional $24000...
i
need help with corrections to make these red X’s go away. please
provide explaination!
board X RO C D E F G Exercise 4 Golf Co made 3,000 novelty golf balls last year. The balls normally sell for $7 each. The costs per ball were as follows: H $1.00 $0.50 Direct materials Direct labor Overhead Selling expenses Total cost per ball $4.00 $0.50 $6.00 This year an overseas company approached Golf Co and asked them to sell an 900...
Exercise 6 Golf Co made 3,000 novelty golf balls last year. The balls normally sell for $7 each. The costs per ball were as follows: Direct materials $1.00 Direct labor $0.50 Overhead $4.00 Selling expenses $0.50 Total cost per ball $6.00 This year an overseas company approached Golf Co and asked them to sell an 900 golf balls at $6 each. The sale isn't expected to affect current sales. Most of Golf Co's overhead is fixed, but variable overhead costs...
UNTER COMPONENTS Star 150 150 Costs per unit Direct materials Direct labor Variable overhead Fixed overhead Total cost per unit Price Units sold Star 100 130 $ 60 30 180 400 $ 580 $ 4,000 40 240 510 780 2,000 40 Additional Information: Variable overhead varies with quantity of direct labor-hours. Average wage rate per hour Plant capacity (in direct labor-hours) 20,000 Current production (in direct labor-hours) 10,000 Requirement a. Information: Star 100 2,500 400 $ Star 150 2,500 500...
Question 1: Special order Sales volume in units 80 Revenue $7.200 Variable costs $1,600 Contribution margin $5.500 Fixed costs $1,500 Prot $4,100 Special orders: A client wants to buy units at a counted price of $0 per unit. This is a one-time deale, a short-term decision). You have enough spare capacity to fulfil this special order without cutting back on your regular sales a) Use the gross approach to decide whether you should take the special orders status quo (no...
please answer a and b
on out of 1.00 Flag question Special Order Total cost data follow for Glendale Manufacturing Company, which has a normal capacity per period of 8,000 units of product that sell for $60 each. For the foreseeable future, regular sales volume should continue to equal normal capacity. Direct material $100,000 Direct labor 61,600 Variable manufacturing overhead 46,000 Fixed manufacturing overhead (Note 1) 38,400 Selling expense (Note 2 35,200 Administrative expense fored) 15,000 $296,200 Notes: 1. Beyond...
PLEASE HELP ITS DUE IN 30 MINS
Check my work [The following information applies to the questions displayed below.] This year Burchard Company sold 40,000 units of its only product for $25 per unit. Manufacturing and selling the product required $200,000 of fixed manufacturing costs and $325,000 of fixed selling and administrative costs. Its per unit variable costs follow. Part 1 of 2 Material $ 8.00 Direct labor (paid on the basis of completed units) Variable overhead costs Variable selling...
** Please show work and formulas
Business Decision Case The following total cost data are for Ralston Manufacturing Company, which has a normal capacity per period of 400,000 units of product that sell for $18 each. For the foreseeable future, regular sales volume should continue at normal capacity of production. Direct materials. ........................ Direct labor. . . . . . . . . . Variable overhead .......... Fixed overhead (Note 1)......... Selling expense (Note 2) ....... Administrative expense (fixed) $1,720,000...
Required:
a-2. Complete the following table to determine
the differential profit increase (or decrease) if Unter accepts
this proposal. Prices on regular sales will remain the same.
b-1. Suppose that the car-sharing has offered
instead to buy 3,600 each of the two models at $210 and $260,
respectively. This customer will purchase the 3,600 units of each
model only in an all-or-nothing deal. That is, Unter must provide
all 3,600 units of each model or none. Unter's management has
decided...
Question 1: Special order
Sales volume in units
80
Revenue
$8,000
Variable
costs
$1,600
Contribution margin
$6,400
Fixed costs
$1,300
Profit
$5,100
Special order: A client wants to buy 30 units at a discounted
price of $30 per unit. This is a one-time deal (i.e., a short-term
decision). You have enough spare capacity to fulfill this special
order without cutting back on your regular sales.
a) Use the gross approach to decide whether you should take
the special order:
status...
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