Direct materials ¥ 50,000 Direct labor 38,400 Indirect production costs 21,120 Total cost ¥ 109,520 Activity...
|
Direct materials |
¥ |
50,000 |
|
Direct labor |
38,400 |
|
|
Indirect production costs |
21,120 |
|
|
Total cost |
¥ |
109,520 |
Activity
Cost-Allocation Base
Predicted 20X0 Cost (¥000)
Receiving Direct materials cost ¥ 3,500
Assembly Number of control units 11,960
Quality control QC hours 2,015
Shipping Number of boxes shipped 3,645
TOTAL ¥21,120
In 20X0 the Automotive Controls Department expects to produce 92,000 control units, use 650 quality control hours, and ship 8,100 boxes.
Suppose Kato prices its products at 15% above total production cost. An order came in from Nissan for 3,000 control units. Ogawa estimates that filling the order will require ¥6,000,000 of direct-materials cost and ¥2,200,000 of direct labor. It will require 55 hours of QC inspection time and will be shipped in 620 boxes. a) Compute the price charged for the 3,000 control units if Kato uses its traditional cost accounting system. Start by calculating the expected cost of the order if Kato uses its traditional cost accounting system. (Leave any unused cells blank.)
|
Estimated cost of production: |
(in Yen) |
||
|
Direct materials |
¥ |
6000000 |
|
|
Direct labor |
2200000 |
||
|
Indirect production costs |
|||
|
Total production cost - Traditional cost system |
¥ |
||
How do you find indirect production cost?
Homework Answers
Add Answer to:
Direct materials
¥
50,000
Direct labor
38,400
Indirect production costs
21,120
Total cost
¥
109,520
Activity...
Noriko Fujita is the controller of Nakamura, Inc., an electronic controls company located in Yokohama. She...
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Noriko Fujita is the controller of Nakamura, Inc., an electronic controls company located in Yokohama. She recently attended a seminar on activity-based costing (ABC) in Tokyo. Nakamura's traditional cost accounting system has three cost categories: direct materials, direct labor, and indirect production costs. The company allocates indirect production costs on the basis of direct-labor cost. The following is the 20x0 budget for the automotive controls department in thousands of Japanese yen): (Click the icon to view the 20x0 budget.) Requirement...
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