Please ignore the answers currently in the boxes. Those answers are incorrect, I am looking to answer all of the boxes listed first within the question.
Homework Answers
| A. Overheads Per Unit under ABC Costing | Royale | Majestic | Total |
| Purchase Orders @ $33/Order | 561000 | 732600 | 1293600 |
| Machine Setups @ $51/Set up | 306000 | 714000 | 1020000 |
| Machining @ $42/Machine Hour | 3150000 | 1873200 | 5023200 |
| Quality Control @ $27/Inspection | 324000 | 504900 | 828900 |
| Total | 4341000 | 3824700 | 8165700 |
| Units Manufactured | 25000 | 10000 | |
| Overheads/Unit under ABC Costing | 173.64 | 382.47 | |
| B. Cost Per Unit under ABC Costing | Royale | Majestic | |
| Direct Material | 600.00 | 430.00 | |
| Direct Labour | 120.00 | 100.00 | |
| Overheads | 173.64 | 382.47 | |
| Total Cost/Unit | 893.64 | 912.47 | |
| C. Gross Profit of Each Model | Royale | Majestic | |
| Selling Price/Unit | 1480.00 | 1320.00 | |
| Less: Total Cost/Unit | 893.64 | 912.47 | |
| Gross Profit/Unit | 586.36 | 407.53 | |
| Units Sold | 25000 | 10000 | |
| Total Gross Profit | 14659000.00 | 4075300.00 |
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Please ignore the answers currently in the boxes. Those answers
are incorrect, I am looking to...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $600 $430 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($41 per DLH) 246 205 Total per unit cost $966 $735 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $600 $430 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($41 per DLH) 246 205 Total per unit cost $966 $735 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $600 $430 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($41 per DLH) 246 205 Total per unit cost $966 $735 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a n...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2017 was as follows. Traditional Costing Royale Majestic Direct materials $600 $430 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($41 per DLH) 246 205 Total per unit cost $966 $735 In 2017, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $660 $420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($40 per DLH) 240 200 Total per unit cost $1,020 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale $600 120 246 Majestic $430 100 205 $735 $966 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $650 $410 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($42 per DLH) 252 210 Total per unit cost $1,022 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $660 $420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($40 per DLH) 240 200 Total per unit cost $1,020 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,480, and a new model, the Majestic, which sells for $1,320. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Royale Majestic Direct materials $660 $420 Direct labor ($20 per hour) 120 100 Manufacturing overhead ($40 per DLH) 240 200 Total per unit cost $1,020 $720 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which sells for $1.270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale Majestic $600 $430 120 100 246 205 $966 $735 In 2020. Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which sells for $1,270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale $600 120 246 Majestic $430 100 205 $735 $966 In 2020, Schultz manufactured 25,000 units of the Royale and 10,000...
Schultz Electronics manufactures two ultra high-definition television models: the Royale which sells for $1,630, and a new model, the Majestic, which sells for $1.270. The production cost computed per unit under traditional costing for each model in 2020 was as follows. Traditional Costing Direct materials Direct labor ($20 per hour) Manufacturing overhead ($41 per DLH) Total per unit cost Royale Majestic $600 $430 120 100 246 205 $966 $735 In 2020. Schultz manufactured 25,000 units of the Royale and 10,000...
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