ZuoTi.Pro
Question

$8.65 8) Jackman company produces die-cast metal bulldozers for toy shops. Jackman estimated the following average cost per b
business   accounting   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

Prime cost comprises of Direct materials and direct labor costs. Thus Prime cost per unit is

$(8.65+1.10) i,e. $9.75

0 0
Add a comment
Know the answer?
Add Answer to:
$8.65 8) Jackman company produces die-cast metal bulldozers for toy shops. Jackman estimated the following average...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • Siegel Corporation produces a product that is available in both a Deluxe and a Regular model. It is estimated that $2,41...

    Siegel Corporation produces a product that is available in both a Deluxe and a Regular model. It is estimated that $2,410,000 in manufacturing overhead costs will be incurred and that the company will produce 9,500 units of the Deluxe model and 20,000 units of the Regular model. The Direct Materials and Direct Labor costs per unit are as follows:                                                                                          Deluxe    Regular       Direct Materials cost per unit……………………….    $155        $124       Direct Labor cost per unit…………………………..      $20           $11 The company...

  • Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells...

    Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: (18 points) Average Cost Per Unit Direct materials $ 5.70 Direct labor $ 3.20 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.70 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 If 8,000 units are produced what is the fixed manufacturing cost...

  • Dake Corporation's relevant range of activity is 2,000 units to 5,000 units. When it produces and...

    Dake Corporation's relevant range of activity is 2,000 units to 5,000 units. When it produces and sells 3,500 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.75 Direct labor $ 3.90 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 1.10 Fixed administrative expense $ 0.80 Sales commissions $ 0.90 Variable administrative expense $ 0.80 If 2,500 units are produced, the total amount of direct manufacturing cost...

  • Xavier Company produces a single product. Variable manufacturing overhead is applied to products on the basis...

    Xavier Company produces a single product. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows: Direct material: 6 ounces at $0.50 per ounce . . . . . . . . . . . . . . . . . . $3 Direct labor: 1.8 hours at $10 per hour . . . . . . . . . . . . . . ....

  • Fiori Corporation's relevant range of activity is 4,900 units to 5,500 units. When it produces and...

    Fiori Corporation's relevant range of activity is 4,900 units to 5,500 units. When it produces and sells 5.200 units, its average costs per unit are as follows Average Cost per Unit Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense $ 7.00 $ 3.70 $ 2.05 $ 3.00 $ 1.35 $ 1.25 1.70 s 1.20 The incremental manufacturing cost that the company will incur if it increases production...

  • Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells...

    Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: (18 points) Average Cost Per Unit Direct materials $ 5.70 Direct labor $ 3.20 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.70 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 If 12,000 units are produced and sold, what is the variable...

  • Parker Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and...

    Parker Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: (18 points) Average Cost Per Unit Direct materials $ 5.70 Direct labor $ 3.20 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.70 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 If 9,000 units are sold, what is the total period...

  • Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells...

    Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: (18 points) Average Cost Per Unit Direct materials $ 5.70 Direct labor $ 3.20 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.70 Fixed administrative expense $ 2.10 Sales commissions $ 1.10 Variable administrative expense $ 0.55 If 12,000 units are produced what is the total product cost?

  • Siegel Corporation produces a product that is available in both a Deluxe and a Regular model. It is estimated that $2,4...

    Siegel Corporation produces a product that is available in both a Deluxe and a Regular model. It is estimated that $2,410,000 in manufacturing overhead costs will be incurred and that the company will produce 9,500 units of the Deluxe model and 20,000 units of the Regular model. The Direct Materials and Direct Labor costs per unit are as follows: Deluxe Regular Direct Materials cost per unit.... $155 $124 Direct Labor cost per unit.. $20 $11 The company uses Activity-Based Costing...

  • Macy Corporation's relevant range of activity is 3,300 units to 8,500 units. When it produces and...

    Macy Corporation's relevant range of activity is 3,300 units to 8,500 units. When it produces and sells 5,900 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 4.70 Direct labor $ 3.15 Variable manufacturing overhead $ 1.15 Fixed manufacturing overhead $ 4.30 Fixed selling expense $ 1.10 Fixed administrative expense $ 0.65 Sales commissions $ 1.05 Variable administrative expense $ 0.55 If the selling price is $24.00 per unit, the contribution margin per...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT