Homework Answers
Target selling price = $395 + $295 + $75 + $55 + $630 + $110 + $3,000
= $4,560
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Question 7 Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for...
Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation:...
Caan Corporation produces industrial robots for high-precision
manufacturing. The following information is given for Caan
Corporation:
I am not sure for part C,
Thank you.
Question 7 Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit Direct materials $380 Direct labour 290 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 56 Fixed selling and administrative expenses 78 $1,643,000 310,050 The company has a desired ROI of 25%....
Please answer all parts :))))) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information...
Please answer all parts
:)))))
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $390 $300 $ 78 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,974,000 $ 60 $ 546,140 The company has a desired ROI of 25%. It has invested assets of $48,692,000. It anticipates production of 3,290 units per year. Compute the cost per unit...
Exercise 8-7 (Video) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given...
Exercise 8-7 (Video) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $400 $310 $ 75 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,863,900 $ 56 $ 493,770 The company has a desired ROI of 24%. It has invested assets of $50,031,000. It anticipates production of 3,270 units per year. Compute the cost per unit of the...
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation...
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Total Per Unit Direct materials $390 Direct labor $340 Variable manufacturing overhead $78 Fixed manufacturing overhead Variable selling and administrative expenses $1,759,600 58 Fixed selling and administrative expenses 584,320 The company has a desired ROI of 23%. It has invested assets of $52,456,000. It anticipates production of 3,320 units per year Compute the target selling price. 17,091,3 Target selling price tA
1)Compute the cost per unit of the fixed manufacturing overhead and the fixed selling and administrative...
1)Compute the cost per unit of the fixed manufacturing overhead
and the fixed selling and administrative expenses.
2) Compute the desired ROI per unit. (Round answers to 0 decimal
places.)
3) Compute the target selling price.
Question 1 Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Per Unit Total Direct materials $420 $300 $ 76 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative...
Exercise 8-5 (Video) Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. Th...
Exercise 8-5 (Video) Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 503,000 units. Per Unit Total $ 6 $11 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,515,000 $16 $1,509,000 The company has a desired ROI of 25%. It has invested assets of $28,168,000. Compute the total cost per unit....
Conferences Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual...
Conferences Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual volume of 400.000 units. WP Collaborations Total WileyPLUS Support Per Unit $32 54 Assignments Account Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $12,000,000 Dashboard 7,200.000 Courses The company has a desired ROI of 20%. It has invested assets of $120,000,000. Calendar Inbox Compute total cost per unit. Total cost per unit...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available:...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $37, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $41, variable selling and administrative expenses $13, and fixed selling and administrative expenses $27. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage Click if you would like to Show Work for this question: Open...
Question 07 Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per...
Question 07 Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product....
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product...
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Unit 527 538 $11 $1,440,000 dy $4 Fixed selling and administrative expenses 5960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year, National uses cost plus pricing methods to set its...
Caan Corporation produces industrial robots for high-precision
manufacturing. The following information is given for Caan
Corporation:
I am not sure for part C,
Thank you.
Question 7 Caan Corporation produces industrial robots for high-precision manufacturing. The following information is given for Caan Corporation: Total Per Unit Direct materials $380 Direct labour 290 Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses 56 Fixed selling and administrative expenses 78 $1,643,000 310,050 The company has a desired ROI of 25%....
Please answer all parts
:)))))
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $390 $300 $ 78 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,974,000 $ 60 $ 546,140 The company has a desired ROI of 25%. It has invested assets of $48,692,000. It anticipates production of 3,290 units per year. Compute the cost per unit...
Exercise 8-7 (Video) Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Total Per Unit $400 $310 $ 75 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $1,863,900 $ 56 $ 493,770 The company has a desired ROI of 24%. It has invested assets of $50,031,000. It anticipates production of 3,270 units per year. Compute the cost per unit of the...
Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation Total Per Unit Direct materials $390 Direct labor $340 Variable manufacturing overhead $78 Fixed manufacturing overhead Variable selling and administrative expenses $1,759,600 58 Fixed selling and administrative expenses 584,320 The company has a desired ROI of 23%. It has invested assets of $52,456,000. It anticipates production of 3,320 units per year Compute the target selling price. 17,091,3 Target selling price tA
1)Compute the cost per unit of the fixed manufacturing overhead
and the fixed selling and administrative expenses.
2) Compute the desired ROI per unit. (Round answers to 0 decimal
places.)
3) Compute the target selling price.
Question 1 Gibbs Corporation produces industrial robots for high-precision manufacturing. The following information is given for Gibbs Corporation. Per Unit Total Direct materials $420 $300 $ 76 Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative...
Exercise 8-5 (Video) Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 503,000 units. Per Unit Total $ 6 $11 $15 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $2,515,000 $16 $1,509,000 The company has a desired ROI of 25%. It has invested assets of $28,168,000. Compute the total cost per unit....
Conferences Rita Corporation produces commercial fertilizer spreaders. The following information is available for Rita's anticipated annual volume of 400.000 units. WP Collaborations Total WileyPLUS Support Per Unit $32 54 Assignments Account Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $12,000,000 Dashboard 7,200.000 Courses The company has a desired ROI of 20%. It has invested assets of $120,000,000. Calendar Inbox Compute total cost per unit. Total cost per unit...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $37, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $41, variable selling and administrative expenses $13, and fixed selling and administrative expenses $27. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage Click if you would like to Show Work for this question: Open...
Question 07 Sheen Co. manufactures a standard cabinet for a Blu-ray player. The variable cost per unit is $16. The fixed cost per unit is $9. The desired ROI per unit is $6. Compute the markup percentage on total unit cost and the target selling price for the cabinet. Markup percentage on total unit cost Target selling price National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product....
CALCULATOR PRINTER аас National Corporation needs to set a target price for its newly designed product M14-M16. The following data relate to this new product. Per Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Unit 527 538 $11 $1,440,000 dy $4 Fixed selling and administrative expenses 5960,000 These costs are based on a budgeted volume of 80,000 units produced and sold each year, National uses cost plus pricing methods to set its...
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