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.
Homework Answers
Relevant range of activity = 3,000 - 8,000 units
(where rent expense and direct materials cost per unit are constant)
Variable cost per unit = 6,000/3,000 = 2
Fixed cost = 11,104
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Shingle Enterprises is considering manufacturing a new product.
It projects the cost of direct materials and...
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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...
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...
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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...
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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
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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...
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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...
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...
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...
taskMaster Enterprises employs a standard cost system in which direct materials inventory is carried at standard cost. TaskMaster has established the following standards for the prime costs of one unit of product. Standard Quantity 6 pounds 0.30 hour Direct Materials Direct Labor Standard Price $ 1.60 per pound $10.00 per hour Standard Cost $ 9.60 -3.00 $12.60 During November, TaskMaster purchased 144,000 pounds of direct materials at a total cost of $273.600. The total factory wages for November were $50,000,...
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