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Intercontinental, Inc., provides you with the following data for its single product: 52.00 1,800,000 2,700,000 Sales...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit $ 52.00 Fixed costs (per month): Selling, general, and administrative (SG&A) 1,350,000 Manufacturing overhead 2,700,000 Variable costs (per unit): Direct labor 8.00 Direct materials 12.00 Manufacturing overhead 10.00 SG&A 6.00 Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit Fixed costs (per month) 52.00 Selling, general, and administrative (SG&A) Manufacturing overhead 1,350,000 2,700,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead SG&A 7.00 12.00 10.00 5.00 Number of units produced per month 300,000 units Required Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...
Intercontinental, Inc., provides you with the following data for its single product: 51.00 1,350,000 1,800,000 Sales...
Intercontinental, Inc., provides you with the following data for its single product: 51.00 1,350,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 13.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are intermediate calculations. Round your answers to 2 decimal places.) s 300,000 units...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit $ 50.00 Fixed costs (per month): Selling, general, and administrative (SG&A) 900,000 Manufacturing overhead 2,700,000 Variable costs (per unit): Direct labor 8.00 Direct materials 12.00 Manufacturing overhead 10.00 SG&A 4.00 Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000...
Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 12.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product $ 50.00 1,350,000 1,800,000...
Intercontinental, Inc., provides you with the following data for its single product $ 50.00 1,350,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SGGA) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SGA Number of units produced per month 7.00 12.00 9.00 4.00 300,000 units at D Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round Intermediate calculations....
Intercontinental, Inc., provides you with the following data for its single product Sales price per unit...
Intercontinental, Inc., provides you with the following data for its single product Sales price per unit Fixed costs (per month): 50.00 Selling, general, and administrative (SG&A) Manufacturing overhead 900,000 1,800,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead 7.00 11.00 10.00 4.00 SG&A Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...
J Gold Metal Inc., provides you with the following data for their single product: Sales price...
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Gold Metal Inc., provides you with the following data for their single product: Sales price per unit Fixed Costs (per month) 61 Selling, general, and administrative (SG&A) unit Manufacturing overhead 510,3o 4,082,40 Variable costs (per unit) Direct materials Direct labor Manufacturing overhead SG&A 1: 10 1: Number of units produced per month 255,150 unit Give the amounts for each of the following: a. Prime cost per unit. b. Contribution margin per unit. c. Gross margin per unit. d. Conversion...
Problem 1 (25 points). Versailles Company produces a product that relies on a standard cost system...
Problem 1 (25 points). Versailles Company produces a product that relies on a standard cost system for planning and control. The following are the standards for producing one unit of product VERSAILLES COMPANY STANDARDS FOR PRODUCTION OF ONE UNIT OF PRODUCT Standard Standard Standard Quantity of Price Cost Input of Input Per Unit Direct Materials 3 units 12.00 $ 36.00 Direct Labor 1.0 hours 10.00 10.00 Variable Manufacturing Overhead 1.0 hours 6.00 6.00 Fixed Manufacturing Overhead 1.0 hours 18.00 18.00...
Ramort Company reports the following cost data for its single product. The company regularly sells 16,000...
Ramort Company reports the following cost data for its single product. The company regularly sells 16,000 units of its product at a price of $52.00 per unit. $ $ 9.20 per unit 11.20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 2.20 per unit $14,400.00 $ $ 1.20 per unit 64,400 16,000 units Compute gross margin...
Intercontinental, Inc., provides you with the following data for its single product: Sales price per unit Fixed costs (per month) 52.00 Selling, general, and administrative (SG&A) Manufacturing overhead 1,350,000 2,700,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead SG&A 7.00 12.00 10.00 5.00 Number of units produced per month 300,000 units Required Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...
Intercontinental, Inc., provides you with the following data for its single product: 51.00 1,350,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 13.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are intermediate calculations. Round your answers to 2 decimal places.) s 300,000 units...
Intercontinental, Inc., provides you with the following data for its single product: $ 50.00 1,800,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SG&A) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SG&A Number of units produced per month 7.00 12.00 10.00 5.00 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your...
Intercontinental, Inc., provides you with the following data for its single product $ 50.00 1,350,000 1,800,000 Sales price per unit Fixed costs (per month): Selling, general, and administrative (SGGA) Manufacturing overhead Variable costs (per unit): Direct labor Direct materials Manufacturing overhead SGA Number of units produced per month 7.00 12.00 9.00 4.00 300,000 units at D Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round Intermediate calculations....
Intercontinental, Inc., provides you with the following data for its single product Sales price per unit Fixed costs (per month): 50.00 Selling, general, and administrative (SG&A) Manufacturing overhead 900,000 1,800,000 Variable costs (per unit) Direct labor Direct materials Manufacturing overhead 7.00 11.00 10.00 4.00 SG&A Number of units produced per month 300,000 units Required: Compute the amounts for each of the following assuming that both production levels are within the relevant range. (Do not round intermediate calculations. Round your answers...
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Gold Metal Inc., provides you with the following data for their single product: Sales price per unit Fixed Costs (per month) 61 Selling, general, and administrative (SG&A) unit Manufacturing overhead 510,3o 4,082,40 Variable costs (per unit) Direct materials Direct labor Manufacturing overhead SG&A 1: 10 1: Number of units produced per month 255,150 unit Give the amounts for each of the following: a. Prime cost per unit. b. Contribution margin per unit. c. Gross margin per unit. d. Conversion...
Problem 1 (25 points). Versailles Company produces a product that relies on a standard cost system for planning and control. The following are the standards for producing one unit of product VERSAILLES COMPANY STANDARDS FOR PRODUCTION OF ONE UNIT OF PRODUCT Standard Standard Standard Quantity of Price Cost Input of Input Per Unit Direct Materials 3 units 12.00 $ 36.00 Direct Labor 1.0 hours 10.00 10.00 Variable Manufacturing Overhead 1.0 hours 6.00 6.00 Fixed Manufacturing Overhead 1.0 hours 18.00 18.00...
Ramort Company reports the following cost data for its single product. The company regularly sells 16,000 units of its product at a price of $52.00 per unit. $ $ 9.20 per unit 11.20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead per year Selling and administrative costs for the year Variable Fixed Normal production level (in units) $ 2.20 per unit $14,400.00 $ $ 1.20 per unit 64,400 16,000 units Compute gross margin...
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