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The total cost of producing 1 unit of a product is given by C(x, y) 30...
wll result in a maximum proit? (10 marks) QUESTION5 a) Suppose that the total cost of producing 1 unit of a product is given by C(x, y)-20x +70y+ 5 dollars, where x represents the cost per Ringgi...
wll result in a maximum proit? (10 marks) QUESTION5 a) Suppose that the total cost of producing 1 unit of a product is given by C(x, y)-20x +70y+ 5 dollars, where x represents the cost per Ringgit of raw 1000 100 materials and y represents the hourly rate for labor. The present cost for raw materials is RM11 per pound and the present hourly rate for labor is RM20. i. Indicate how to use the cost function C to determine...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $6.00 per pound $ 6.00 Direct labor—2.0 hours at $11.90 per hour 23.80 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 20.00 Total standard cost per unit $61.80 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($32.00 ÷ 2.0). It was computed from a master manufacturing overhead budget based on normal production of 10,400 direct labor hours...
Kingbird Corporation manufactures a single product. The standard cost per unit of product is shown below....
Kingbird Corporation manufactures a single product. The standard
cost per unit of product is shown below.
Direct materials—1 pound plastic at $6.00 per pound
$ 6.00
Direct labor—1.5 hours at $12.20 per hour
18.30
Variable manufacturing overhead
9.00
Fixed manufacturing overhead
15.00
Total standard cost per unit
$48.30
The predetermined manufacturing overhead rate is $16.00 per direct
labor hour ($24.00 ÷ 1.5). It was computed from a master
manufacturing overhead budget based on normal production of 8,700
direct labor hours...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials—1 pound plastic at $7.00 per pound $ 7.00 Direct labor—1.6 hours at $12.00 per hour 19.20 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 4.00 Total standard cost per unit $42.20 The predetermined manufacturing overhead rate is $10 per direct labor hour ($16.00 ÷ 1.6). It was computed from a master manufacturing overhead budget based on normal production of 8,000 direct labor hours...
1) Stefani Company has gathered the following information about its product. Direct materials: Each unit of...
1) Stefani Company has gathered the following information about its product. Direct materials: Each unit of product contains 4.50 pounds of materials. The average waste and spoilage per unit produced under normal conditions is 1.50 pounds. Materials cost $3 per pound, but Stefani always takes the 5.00% cash discount all of its suppliers offer. Freight costs average $0.30 per pound. Direct labor. Each unit requires 1.70 hours of labor. Setup, cleanup, and downtime average 0.20 hours per unit. The average...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $7 per pound Direct labor-2.50 hours at $11.80 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 29.50 17.50 17.50 $71.50 The predetermined manufacturing overhead rate is $14 per direct labor hour ($35.00 = 2.50). It was computed from a master manufacturing overhead budget based on normal production of 13,250 direct labor hours...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at 58 per pound Direct labor-2.00 hours at $12.15 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $8.00 24.30 12.00 8.00 $52.30 The predetermined manufacturing overhead rate is $10 per direct labor hour ($20.00 - 2.00). It was computed from a master manufacturing overhead budget based on normal production of 11,200 direct labor hours (5,600...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below....
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $7 per pound Direct labor-1.50 hours at $11.10 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $7.00 16.65 11.25 6.75 $41.65 The predetermined manufacturing overhead rate is $12 per direct labor hour ($18.00 - 1.50). It was computed from a master manufacturing overhead budget based on normal production of 8,850 direct labor hours (5,900...
Problem 23-1A Rogen Corporation manufactures a single product. The standard cost per unit of product is...
Problem 23-1A Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. $5.00 5.50 Direct materials -1 pound plastica 55 per pound Direct labor -0.50 hours at $11.00 per hour Variable manufacturing overhead wed manufacturing overhead Total standard cost per unit The predetermined manufacturing overhead rate is $10 per direct laborur (55.00 +0.50). It was computed from a master manufacturing overhead budget based on normal production of 2,500 direct labor hours (5,000 units) for...
Question 3 Rogen Corporation manufactures a single product. The standard cost per unit of product is...
Question 3 Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $6.00 per pound Direct labor-0.5 hours at $11.90 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 6.00 5.95 3.00 5.00 $19.95 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($8.00 – 0.5). It was computed from a master manufacturing overhead budget based on bor hours (5,200 units) for the...
wll result in a maximum proit? (10 marks) QUESTION5 a) Suppose that the total cost of producing 1 unit of a product is given by C(x, y)-20x +70y+ 5 dollars, where x represents the cost per Ringgit of raw 1000 100 materials and y represents the hourly rate for labor. The present cost for raw materials is RM11 per pound and the present hourly rate for labor is RM20. i. Indicate how to use the cost function C to determine...
Kingbird Corporation manufactures a single product. The standard
cost per unit of product is shown below.
Direct materials—1 pound plastic at $6.00 per pound
$ 6.00
Direct labor—1.5 hours at $12.20 per hour
18.30
Variable manufacturing overhead
9.00
Fixed manufacturing overhead
15.00
Total standard cost per unit
$48.30
The predetermined manufacturing overhead rate is $16.00 per direct
labor hour ($24.00 ÷ 1.5). It was computed from a master
manufacturing overhead budget based on normal production of 8,700
direct labor hours...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $7 per pound Direct labor-2.50 hours at $11.80 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $ 7.00 29.50 17.50 17.50 $71.50 The predetermined manufacturing overhead rate is $14 per direct labor hour ($35.00 = 2.50). It was computed from a master manufacturing overhead budget based on normal production of 13,250 direct labor hours...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at 58 per pound Direct labor-2.00 hours at $12.15 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $8.00 24.30 12.00 8.00 $52.30 The predetermined manufacturing overhead rate is $10 per direct labor hour ($20.00 - 2.00). It was computed from a master manufacturing overhead budget based on normal production of 11,200 direct labor hours (5,600...
Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $7 per pound Direct labor-1.50 hours at $11.10 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit $7.00 16.65 11.25 6.75 $41.65 The predetermined manufacturing overhead rate is $12 per direct labor hour ($18.00 - 1.50). It was computed from a master manufacturing overhead budget based on normal production of 8,850 direct labor hours (5,900...
Problem 23-1A Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. $5.00 5.50 Direct materials -1 pound plastica 55 per pound Direct labor -0.50 hours at $11.00 per hour Variable manufacturing overhead wed manufacturing overhead Total standard cost per unit The predetermined manufacturing overhead rate is $10 per direct laborur (55.00 +0.50). It was computed from a master manufacturing overhead budget based on normal production of 2,500 direct labor hours (5,000 units) for...
Question 3 Rogen Corporation manufactures a single product. The standard cost per unit of product is shown below. Direct materials-1 pound plastic at $6.00 per pound Direct labor-0.5 hours at $11.90 per hour Variable manufacturing overhead Fixed manufacturing overhead Total standard cost per unit 6.00 5.95 3.00 5.00 $19.95 The predetermined manufacturing overhead rate is $16.00 per direct labor hour ($8.00 – 0.5). It was computed from a master manufacturing overhead budget based on bor hours (5,200 units) for the...
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