28. Branded Shoe Company manufactures only one type of shoe and has two divisions, the Stitching...
Branded Shoe Company manufactures only one type of shoe and has two divisions, the Stitching Division and the Polishing Division. The Stitching Division manufactures shoes for the Polishing Division, which completes the shoes and sells them to retailers. The Stitching Division "sells" shoes to the Polishing Division. The market price for the Polishing Division to purchase a pair of shoes is $48. (Ignore changes in inventory.) The fixed costs for the Stitching Division are assumed to be the same over...
13. Plish Company manufactures only one type of washing machine and has two divisions, the Compressor Division, and the Fabrication Division. The Compressor Division manufactures compressors for the Fabrication Division, which completes the washing machine and sells it to retailers. The Compressor Division "sells" compressors to the Fabrication Division. The market price for the Fabrication Division to purchase a compressor is $42.00. (Ignore changes in inventory.) The fixed costs for the Compressor Division are assumed to be the same over...
L Quiz 0 as Company manufactures one type of camping tent tarp Canvas Co has two divisions Stitching and the Finishing. The Sunching Division manufactures tarps for the Finishing Division, whic ells it to retailers. Stitching 'sells tarps internally to Finishing Stitching is operating at full capacity. Finishing is operating at 80% of capacity. The market price for finished tent tarpis 542 Sutching's costs per tarp are Direct materials $10 Direct labor Variable overhead $ 6 Division fixed costs $...
How much is assembly cost per completed air condition? Question: Cool Air Ltd. manufactures only one type of air conditioner and has two divisions, the Compressor Division, and the Assembly Division. The Compressor Division manufactures compressors for the Assembly Division, which completes the air conditioner and sells them to retailers. The Compressor Division "sells" compressors to the Assembly Division. The market price for the Assembly Division to purchase a compressor is $77. (Ignore changes in inventory.) The fixed costs for...
Please explain the answer clearly the topic of these questions above is Transfer Price. Assume 200 barrels are transferred from the Production Division to the Refining Division for a transfer price of $6 per barrel. The Refining Division sells the 200 barrels at a price of $40 each to customers. What is the operating income of both divisions together? - a. $2,400- b. $2,600 $3,600 - d. $6,800 soo Answer: b Revenues = ($40 x 200)= Cost = ($3 +...
The Jordan Company manufacturers only one type of shoe and has two divisions, the Sole Division and the Assembly Division The Sole Division manutactures soles and then them to retaiers The market price tor te Assemby Dwson to puttase a par of scies s$40 Foedcosts are per par 100000 Sole's costs per pair of soes are 58 Drect maberias Direct labor Division od cot 32 Assembly's coots per completed pi of $10 Direct labor Vanabie ovemead Division fodcon
McFarlane Company has two divisions, Division C and Division D. Division C manufactures Part C82 and sells it to Division D, and also sells the same part to the outside market for $73 per unit. Division C has capacity to make 1,200,000 units of C82 per year. The division's fixed costs are $ 6,500,000 per year and its variable costs per unit are as follows: Part C82 is an essential component for Division D's only product; the division sells 550,000...
Yu plc (Mercury) manufactures and sells handbags. Mercury has two divisions which are located in different countries, Geeland and Teeland. Teeland is a more economically developed country and goods will normally sell for a higher price in Teeland. Division A (Geeland) manufactures the handbags. This division sells the bags to Division B (Teeland) and also to external customers. Division B (Teeland) undertakes some additional manufacture to the handbags (stitching of the name of specific brands, for example) and sells the...
Sierra Company manufactures soccer balls in two sequential processes: Cutting and Stitching. All direct materials enter production at the beginning of the Cutting process. The following information is available regarding its May inventories: Work in process inventory-Cutting Work in process inventory-Stitching Finished goods inventory Beginning Ending Inventory Inventory 73,500 75,500 93,300 69,800 26,100 14,250 The following additional information describes the company's production activities for May. Direct materials Raw materials purchased on credit $ 40,000 Direct materials used-Cutting 22,500 Direct materials...
Lucca Ladies Shoes, an exclusive Italian shoe manufacturer, sells their handcrafted women’s fashion originals for about $300 per pair. Suppose the company incurs the following average costs per pair of shoes: Direct Materials $80 Direct Labor 28 Variable Manufacturing Overhead 22 Variable Marketing Expenses 4 Fixed Manufacturing Overhead 32* Total Costs (per pair) $166 * $4,000,000 Total Fixed Mfg. O/H 125,000 Pairs of Shoes Lucca...