Homework Answers
Add Answer to:
Check my work QS 23-17 Product pricing LO P1 1.48 points Jose Ruiz wants to start...
Jose Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for...
Jose Ruiz wants to start a company that makes snowboards. Competitors sell a similar snowboard for $345 each. Jose believes he can produce a snowboard for a total cost of $270 per unit, and he plans a 30% markup on his total cost. 1-a. Compute Jose’s planned selling price. 1-b. Can Jose compete with his planned selling price? Yes No
Check my work QS 23-16 Product pricing LO P6 5 points Garcia Co. sells snowboards. Each...
Check my work QS 23-16 Product pricing LO P6 5 points Garcia Co. sells snowboards. Each snowboard requires direct materials of $104, direct labor of $34, and variable overhead of $49. The company expects fixed overhead costs of $643,000 and fixed selling and administrative costs of $137,000 for the next year. It expects to produce and sell 10,400 snowboards in the next year. eBook What will be the selling price per unit if Garcia uses a markup of 10% of...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on its product. 1.25 points eBook Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Target markup $ 52.00 per unit $ 12.20 per unit $ 6.20 per unit $ 2.20 per unit 30 % Hint Ask Print Compute the target selling price per unit under absorption costing. References Target selling price per unit
Check my work Exercise 23-12 Product pricing using variable costs LO P6 Rios Co. makes drones...
Check my work Exercise 23-12 Product pricing using variable costs LO P6 Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 26,000 units follow. The company targets a profit of $306,000 on this product 5 points Variable Costs per Unit $ 76 Fixed Costs (in total) $676,000 311,000 291,000 Direct materials Overhead Selling Administrative еВook Direct labor 46 Overhead 31 Print Selling 21 References 1. Compute the variable cost per unit....
Check my work QS 19-10 Computing contribution margin LO P2 125 points D'Souza Company sold 8,500...
Check my work QS 19-10 Computing contribution margin LO P2 125 points D'Souza Company sold 8,500 units of its product at a price of $83.00 per unit. Total variable cost is $50.60 per unit, consisting of $40.30 in variable production cost and $10.30 in variable selling and administrative cost. Compute the contribution margin for this company. eBook D'SOUZA COMPANY Contribution Margin Units per unit Total Print Less: References
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information...
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Check my work QS 19-9 Computing manufacturing margin LO P2 1.25 points D'Souza Company sold 10,500...
Check my work QS 19-9 Computing manufacturing margin LO P2 1.25 points D'Souza Company sold 10,500 units of its product at a price of $79.00 per unit. Total variable cost is $49.80 per unit, consisting of $39.90 in variable production cost and $9.90 in variable selling and administrative cost. Compute the manufacturing (production) margin for the company under variable costing. Book Hint D'SOUZA COMPANY Manufacturing Margin Units per unit Total Print References
Check my work 3 QS 20-11 Selling expense budget LO P1 X-Tel budgets sales of $65,000...
Check my work 3 QS 20-11 Selling expense budget LO P1 X-Tel budgets sales of $65,000 for April, $135,000 for May, and $50,000 for June. points In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $6,500 per month. Sales commissions and salaries are paid in the month incurred. eBook Prepare a selling expense budget for April, May, and June. Print References X-TEL Selling Expense Budget For April, May, and June...
Check my work QS 19-4 Absorption costing income statement LO P2 125 points Aces Inc., a...
Check my work QS 19-4 Absorption costing income statement LO P2 125 points Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 5,500 rackets and sold 4,400. Each racket was sold at a price of $85. Fixed overhead costs are $68,750 and fixed selling and administrative costs are $64.700. The company also reports the following per unit variable costs for the year eBook Variable product costs Variable selling and administrative expenses $24.50 $ 1.50 Hint...
Check my work QS 20-16 Manufacturing: Production budget LO P1 points Atlantic Surf manufactures surfboards. The...
Check my work QS 20-16 Manufacturing: Production budget LO P1 points Atlantic Surf manufactures surfboards. The company's sales budget for the next three months is shown below. In addition, company policy is to maintain finished goods inventory equal (in units) to 50% of the next month's unit sales. As of June 30, the company has 2,100 finished surfboards in inventory, which complies with the policy. Skipped Sales (in units) July August September 4,200 7,300 4,300 eBook Hint Prepare a production...
Check my work QS 23-16 Product pricing LO P6 5 points Garcia Co. sells snowboards. Each snowboard requires direct materials of $104, direct labor of $34, and variable overhead of $49. The company expects fixed overhead costs of $643,000 and fixed selling and administrative costs of $137,000 for the next year. It expects to produce and sell 10,400 snowboards in the next year. eBook What will be the selling price per unit if Garcia uses a markup of 10% of...
QS 19-17 Absorption costing and product pricing LO P4 A manufacturer reports the following information on its product. 1.25 points eBook Direct materials cost Direct labor cost Variable overhead cost Fixed overhead cost Target markup $ 52.00 per unit $ 12.20 per unit $ 6.20 per unit $ 2.20 per unit 30 % Hint Ask Print Compute the target selling price per unit under absorption costing. References Target selling price per unit
Check my work Exercise 23-12 Product pricing using variable costs LO P6 Rios Co. makes drones and uses the variable cost approach in setting product prices. Its costs for producing 26,000 units follow. The company targets a profit of $306,000 on this product 5 points Variable Costs per Unit $ 76 Fixed Costs (in total) $676,000 311,000 291,000 Direct materials Overhead Selling Administrative еВook Direct labor 46 Overhead 31 Print Selling 21 References 1. Compute the variable cost per unit....
Check my work QS 19-10 Computing contribution margin LO P2 125 points D'Souza Company sold 8,500 units of its product at a price of $83.00 per unit. Total variable cost is $50.60 per unit, consisting of $40.30 in variable production cost and $10.30 in variable selling and administrative cost. Compute the contribution margin for this company. eBook D'SOUZA COMPANY Contribution Margin Units per unit Total Print Less: References
QS 19-1 Computing unit cost under absorption costing LO P1 Vijay Company reports the following information regarding its production costs. 10 per unit 20 per unit Direct materials Direct labor Overhead costs for the year Variable overhead Fixed overhead Units produced 10 per unit $160,000 20,000 units Compute its product cost per unit under absorption costing. Product cost per unit QS 19-2 Computing unit cost under variable costing LO P1 Vijay Company reports the following information regarding its production costs....
Check my work QS 19-9 Computing manufacturing margin LO P2 1.25 points D'Souza Company sold 10,500 units of its product at a price of $79.00 per unit. Total variable cost is $49.80 per unit, consisting of $39.90 in variable production cost and $9.90 in variable selling and administrative cost. Compute the manufacturing (production) margin for the company under variable costing. Book Hint D'SOUZA COMPANY Manufacturing Margin Units per unit Total Print References
Check my work 3 QS 20-11 Selling expense budget LO P1 X-Tel budgets sales of $65,000 for April, $135,000 for May, and $50,000 for June. points In addition, sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $6,500 per month. Sales commissions and salaries are paid in the month incurred. eBook Prepare a selling expense budget for April, May, and June. Print References X-TEL Selling Expense Budget For April, May, and June...
Check my work QS 19-4 Absorption costing income statement LO P2 125 points Aces Inc., a manufacturer of tennis rackets, began operations this year. The company produced 5,500 rackets and sold 4,400. Each racket was sold at a price of $85. Fixed overhead costs are $68,750 and fixed selling and administrative costs are $64.700. The company also reports the following per unit variable costs for the year eBook Variable product costs Variable selling and administrative expenses $24.50 $ 1.50 Hint...
Check my work QS 20-16 Manufacturing: Production budget LO P1 points Atlantic Surf manufactures surfboards. The company's sales budget for the next three months is shown below. In addition, company policy is to maintain finished goods inventory equal (in units) to 50% of the next month's unit sales. As of June 30, the company has 2,100 finished surfboards in inventory, which complies with the policy. Skipped Sales (in units) July August September 4,200 7,300 4,300 eBook Hint Prepare a production...
Most questions answered within 3 hours.
-
evaluate the statements below and select those that correctly apply
to the role of PAMPs and...
asked 4 minutes ago -
Congratulations! You have just won the Lottery. The Lottery
Commission informs you that you can choose...
asked 10 minutes ago -
bulk flow (in respiration) moves blood from?
Air in and out of lungs?
air into lungs?...
asked 15 minutes ago -
Which of the following describes a private network?
1. A wide area network (WAN) linking sites...
asked 29 minutes ago -
The purpose of this
lab: Wireshark Intro Lab
is to get students
familiar with the use of...
asked 38 minutes ago -
Question 3
A 50 percent deduction is allowed for amounts paid or incurred for
dues and...
asked 36 minutes ago -
Assuming that the wave speed varies little when sound waves are
traveling through a material that...
asked 51 minutes ago -
The rise of online shopping and Amazon, in particular, has
created major dilemmas for large food/CPG...
asked 50 minutes ago -
Is oxygen difluoride polar or nonpolar?
nonpolar
polar
ionic
none of the above
asked 1 hour ago -
Starting from rest, a car accelerates at a constant rate of 2.6
m/s2 for a time...
asked 59 minutes ago -
A pharmaceutical company wants to answer the question whether
time for a drug in pill form...
asked 1 hour ago -
) Assume that in the market for widgets, demand is highly
elastic compared to supply. If...
asked 1 hour ago