Homework Answers
Relevant range of activity for this product is 8000 units
Reason ( The total cost per unit is minimum at this level of activity)
Variable cost per unit is $2 . (16000÷8000)
Fixed cost is $11104
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Pharoah Enterprises is considering manufacturing a new product. It projects the cost of direct materials and...
Pharoah Enterprises is considering manufacturing a new product. It projects the cost of direct materials and...
Pharoah Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output in Units 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 Rent Expense $6,940 6,940 11,104 11,104 11,104 11,104 11,104 11,104 13,880 13,880 13,880 Direct Materials $5,552 6,000 6,000 8,000 10,000 12,000 14,000 16,000 40,668 48,580 61,072 Determine the relevant range of activity for this product. The relevant range of activity for...
Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and...
Shingle Enterprises is considering manufacturing a new product.
It projects the cost of direct materials and rent for a range of
output as shown below.
Exercise 18-2 Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct in Units Expense Materials 1,000 S 6,940 S 5,552 2,000 6,910 9,991 3,000 11,104 6,000 4,000 11,104 8,000 5,000 11,104 10,000 6,000 11,104 12,000 7,000...
Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and...
Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output in Units Rent Expense Direct Materials 1,000 $ 5,585 $ 4,468 2,000 5,585 8,042 3,000 8,936 7,500 4,000 8,936 10,000 5,000 8,936 12,500 6,000 8,936 15,000 7,000 8,936 17,500 8,000 8,936 20,000 9,000 11,170 32,728 10,000 11,170 39,095 11,000 11,170 49,148 Determine the relevant range of activity for this product. The relevant range of...
Kozy Enterprises is considering manufacturing a new product. It projects the cost of direct materials and...
Kozy Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below: Output in Units 1,000 2,000 3,000 4,000 5.000 6,000 7,000 8,000 9.000 10,000 11,000 12,000 Rent Expense $5,000 5.000 5,000 7,000 7,000 7,000 7,000 7,000 7,000 10,000 10,000 10,000 Direct Materials $ 4,000 6,000 7,800 8,000 10,000 12,000 14,000 16,000 18,000 23.000 28.000 36,000 Determine the relevant range of activity for this product. Relevant range...
Determine the relevant range of activity for this product. Calculate the variable costs per unit within...
Determine the relevant range of activity for this product.
Calculate the variable costs per unit within the relevant
range.
Indicate the fixed cost within the relevant range.
Determine the relevant range of activity for this product The relevant range of activity for this product units LINK TO TEXT Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places, e.g. 1.25.) Variable costs per unit per unit LINK TO TEXT Indicate the fixed cost within...
Calculate the variable costs per unit within the relevant range. Blossom Enterprises is considering manufacturing a new...
Calculate the variable costs per unit within the relevant
range.
Blossom Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Direct Rent in Units Expense Materials $5,985 $4,788 1,000 2,000 5,985 6,900 9,576 6,900 3,000 4,000 9,576 9,200 9,576 5,000 11,500 6,000 9,576 13,800 9,576 7,000 16,100 8,000 18,400 9,576 9,000 11,970 35,072 10,000 41,895 11,970 11,000 11,970 52,668
Units 1,000 2,000 3,000 4,000 5,000 6.000 7.000 8,000 9.000 10.000 11,000 Rent Expense $5,000 5,000...
Units 1,000 2,000 3,000 4,000 5,000 6.000 7.000 8,000 9.000 10.000 11,000 Rent Expense $5,000 5,000 5,000 7,000 7,000 7.000 7,000 7,000 7.000 10.000 10.000 10.000 Direct Materials $4,000 6,000 7,800 8,000 10,000 12,000 14.000 16.000 18.000 23,000 28.000 36.000 Determine the relevant range of activity for this product. Relevant range e Textbook and Media o t em e Textbook and Media Calculate the variable cost per unit within the relevant range. Variable cost $ per unit e Textbook and...
1-The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing...
1-The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing overhead. a) True b) False 2- If the fixed cost per unit is $15 and the variable cost per unit is $0.5, and the units produced are 10,000 units. Then what is the total cost if the units produced are 20,000? a)$160,000 b)$150,000 c)$310,000 d)$155,000 3- Conversion cost equals product cost less direct materials cost. a) True b) False 4- During the month of...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
Select cost information for Klondike Corporation is as follows: Direct materials Rent expense 1,000 units of...
Select cost information for Klondike Corporation is as follows: Direct materials Rent expense 1,000 units of output Total Cost/Unit $4,000 $4.00 $2,000 $2.00 2,000 units of output Total Cost/Unit $8,000 $4.00 $2,000 $1.00 Based on this information: Multiple Choice ) Both direct materials and rent expense are variable costs Prox 1 of 20 Next > J e talk stuttering - SA Saved Both direct materials and rent expense are variable costs. Direct materials is a fixed cost and rent expense...
Pharoah Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output in Units 1,000 2,000 3,000 4,000 5,000 6,000 7,000 8,000 9,000 10,000 11,000 Rent Expense $6,940 6,940 11,104 11,104 11,104 11,104 11,104 11,104 13,880 13,880 13,880 Direct Materials $5,552 6,000 6,000 8,000 10,000 12,000 14,000 16,000 40,668 48,580 61,072 Determine the relevant range of activity for this product. The relevant range of activity for...
Shingle Enterprises is considering manufacturing a new product.
It projects the cost of direct materials and rent for a range of
output as shown below.
Exercise 18-2 Shingle Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Rent Direct in Units Expense Materials 1,000 S 6,940 S 5,552 2,000 6,910 9,991 3,000 11,104 6,000 4,000 11,104 8,000 5,000 11,104 10,000 6,000 11,104 12,000 7,000...
Kozy Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below: Output in Units 1,000 2,000 3,000 4,000 5.000 6,000 7,000 8,000 9.000 10,000 11,000 12,000 Rent Expense $5,000 5.000 5,000 7,000 7,000 7,000 7,000 7,000 7,000 10,000 10,000 10,000 Direct Materials $ 4,000 6,000 7,800 8,000 10,000 12,000 14,000 16,000 18,000 23.000 28.000 36,000 Determine the relevant range of activity for this product. Relevant range...
Determine the relevant range of activity for this product.
Calculate the variable costs per unit within the relevant
range.
Indicate the fixed cost within the relevant range.
Determine the relevant range of activity for this product The relevant range of activity for this product units LINK TO TEXT Calculate the variable costs per unit within the relevant range. (Round answer to 2 decimal places, e.g. 1.25.) Variable costs per unit per unit LINK TO TEXT Indicate the fixed cost within...
Calculate the variable costs per unit within the relevant
range.
Blossom Enterprises is considering manufacturing a new product. It projects the cost of direct materials and rent for a range of output as shown below. Output Direct Rent in Units Expense Materials $5,985 $4,788 1,000 2,000 5,985 6,900 9,576 6,900 3,000 4,000 9,576 9,200 9,576 5,000 11,500 6,000 9,576 13,800 9,576 7,000 16,100 8,000 18,400 9,576 9,000 11,970 35,072 10,000 41,895 11,970 11,000 11,970 52,668
Units 1,000 2,000 3,000 4,000 5,000 6.000 7.000 8,000 9.000 10.000 11,000 Rent Expense $5,000 5,000 5,000 7,000 7,000 7.000 7,000 7,000 7.000 10.000 10.000 10.000 Direct Materials $4,000 6,000 7,800 8,000 10,000 12,000 14.000 16.000 18.000 23,000 28.000 36.000 Determine the relevant range of activity for this product. Relevant range e Textbook and Media o t em e Textbook and Media Calculate the variable cost per unit within the relevant range. Variable cost $ per unit e Textbook and...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
Select cost information for Klondike Corporation is as follows: Direct materials Rent expense 1,000 units of output Total Cost/Unit $4,000 $4.00 $2,000 $2.00 2,000 units of output Total Cost/Unit $8,000 $4.00 $2,000 $1.00 Based on this information: Multiple Choice ) Both direct materials and rent expense are variable costs Prox 1 of 20 Next > J e talk stuttering - SA Saved Both direct materials and rent expense are variable costs. Direct materials is a fixed cost and rent expense...
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