Homework Answers
1. Manufacturing cost per unit
Materials and maintenance. 25
Direct labour /unit production. 20. Overhead and other cost. 10. (50% of labour _20*50/100). ____. Manufacturing costs per unit. =. 55.
- 2 Quantity to make break even. Break even unit =Fixed cost/contribution per unit. fixed cost. __________________________________
Selling price per unit _variable cost per unit. Selling price per unit= 75. Variable cost per unit =55. =96000/(75_55). =96000/20 =4800 units. Quantity to make break even =4800 units
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O words Question 9 25 pts 1. The cost - revenue data for a manufacturing company...
The cost and production data in 2006 for a manufacturing company in Tennessee is provided in...
The cost and production data in 2006 for a manufacturing company
in Tennessee is provided in the table below. The selling
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Answer the question The costs of manufacturing horizontal fixed-mount barcode scanners are as follows: Cost Element...
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Problem 1 (25 points). Versailles Company produces a product that relies on a standard cost system...
Problem 1 (25 points). Versailles Company produces a product that relies on a standard cost system for planning and control. The following are the standards for producing one unit of product VERSAILLES COMPANY STANDARDS FOR PRODUCTION OF ONE UNIT OF PRODUCT Standard Standard Standard Quantity of Price Cost Input of Input Per Unit Direct Materials 3 units 12.00 $ 36.00 Direct Labor 1.0 hours 10.00 10.00 Variable Manufacturing Overhead 1.0 hours 6.00 6.00 Fixed Manufacturing Overhead 1.0 hours 18.00 18.00...
The following data has been provided by your manufacturing department to estimate the standard cost of...
The following data has been provided by your manufacturing department to estimate the standard cost of producing a particular product. Direct Labor - $20 per hour. The first unit took 0.6 hours of direct labor but you want to base the cost estimate on the number of hours needed for the 25th unit. You expect a 75% learning curve to apply to the direct labor hours. Overhead-50% of Direct Labor Material $43.75 per 25 units What is your estimate of...
The cost and production data in 2006 for a manufacturing company
in Tennessee is provided in the table below. The selling
price is fixed adding a 40% mark- up on the production cost. The
selling price/unit is equal to?
The cost and production data in 2006 for a manufacturing company in Tennessee is provided in the table below. Material and Parts Cost $1,500,000 Labor Costs $2,000,000 Overhead Cost $2,500,000 Annual Production Quantity 500,000 units The selling price is fixed adding a...
Paragraph Styles r Add-ins Font Unit Cost and Selling Price 9. Estimate the unit cost and selling price of manufacturing metal wire cutters in lots of 100 when these data have been obtained: . Factory (direct) labor: 4.2 hours at SI 1.1 5Љ0ur . Factory overhead: 1 50% of factory labor . Outside manufacture: $74.87 . Production material: $26.20 Packing costs: 7% of factory labor Desired profit: 12% of total manufacturing cost · R/ Favor llene la tabla Factory (direct)...
Answer the question The costs of manufacturing horizontal fixed-mount barcode scanners are as follows: Cost Elements Cost Rate Direct labor $25 per hour Material $380 per unit Overhead costs 50% of direct labor The production has a 79% learning curve applied to labor required, and the time to complete the first unit wa 40 direct labor hours. Determine the unit selling price based on the estimated time to complete the 100th uni if the company wants to make a profit...
Hardware Engineering Inc. is making a product for the Asian/African market. The following cost data for the product has been compiled. Item Cost Selling price (r) $195/unit Materials and purchased parts cost $30/unit Direct labor cost 2 hrs at $22.5 per hour $20 Operating and maintenance (0 & M) cost per unit Fixed cost $1,650,000 Given that the variable cost per unit (v) includes direct labor cost, the overhead expenses (which is charged at 200% of the material and purchased...
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