Caleb, Inc. determined the total cost to manufacture 25 units of Job SS5 was $1,025. To...
Caleb, Inc. determined the total cost to manufacture 25 units of Job SS5 was $1,025. To determine a selling price for its jobs, Moody marks up total manufacturing costs by an additional 80%. What is the per unit selling price of Job SS5?
| a. |
$73.80 |
|
| b. |
$90.20 |
|
| c. |
$32.80 |
|
| d. |
$41.80 |
Homework Answers
| Total cost = $1025 | ||||
| Sale revenue = $1025*1.80 | ||||
| =$1845 | ||||
| Selling price per unit = total revenue / number of units | ||||
| =$1845/25 | ||||
| =$73.8 | ||||
| Correct Option : a.$73.8 | ||||
Add Answer to:
Caleb, Inc. determined the total cost to manufacture 25 units of
Job SS5 was $1,025. To...
12. If Job P included 20 units, what was its unit product cost? 13. If Job...
12. If Job P included 20 units, what was its unit
product cost?
13. If Job Q included 30 units, what was its unit
product cost?
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the
selling prices for both jobs when stated on a per unit...
QUESTION #12: a. If Job P included 20 units, what was its unit product cost? If...
QUESTION #12: a. If Job P included 20 units, what was its unit
product cost? If Job Q included 30 units, what was its unit product
cost?
13.Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
Simple Metal Works, Inc. will manufacture and sell 200,000 units next year. Fixed costs will total...
Simple Metal Works, Inc. will manufacture and sell 200,000 units next year. Fixed costs will total $330,000,and variable costs will be 50 percent of sales. a. The firm wants to achieve a level of earnings before interest and taxes of $250,000. What selling price per unit is necessary to achieve this result? b. Set up an analytical income statement to verify your solution to part (a).
1. If Job Q included 30 units, what was its unit product cost? 2. Assume that...
1. If Job Q included 30 units, what was its
unit product cost?
2. Assume that Sweeten Company used cost-plus
pricing (and a markup percentage of 80% of total manufacturing
cost) to establish selling prices for all of its jobs. What selling
price would the company have established for Jobs P and Q? What are
the selling prices for both jobs when stated on a per unit basis
assuming 20 units were produced for Job P and 30 units were...
6. If Job Q included 30 units, what was its unit product cost? (Do not round...
6. If Job Q included 30 units, what was its unit product cost?
(Do not round intermediate
calculations. Round your final answer to nearest
whole dollar.)
7. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
1. If Job P included 20 units, what was its unit product cost? 2. What was...
1. If Job P included 20 units, what was its unit product
cost?
2. What was the total manufacturing cost assigned to Job
Q?
3. If Job Q included 30 units, what was its unit product
cost?
4. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the...
Job P = $ 68,145 Job Q = predetermined overhead rate * Actual Total machine hours...
Job P = $ 68,145 Job Q = predetermined overhead rate * Actual Total machine hours of Job Q Job Q = $ 11.55 Per machine hour * 5300 Machine hours Job Q = $ 61,215 [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments--Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P...
13. If Job Q included 30 units, what was its unit product cost? (Do not round...
13. If Job Q included 30 units, what was its
unit product cost? (Do not round intermediate calculations.
Round your final answer to nearest whole dollar.)
14. Assume that Sweeten Company used cost-plus
pricing (and a markup percentage of 80% of total manufacturing
cost) to establish selling prices for all of its jobs. What selling
price would the company have established for Jobs P and Q? What are
the selling prices for both jobs when stated on a per unit...
13. If Job Q included 30 units, what was its unit product cost? 14. Assume that...
13. If Job Q included 30 units, what was its unit product
cost?
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
units were produced for Job P and 30 units were...
13. If Job Q included 30 units, what was its unit product cost? (Do not round...
13. If Job Q included 30 units, what was
its unit product cost? (Do not round intermediate
calculations. Round your final answer to nearest whole
dollar.)
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
12. If Job P included 20 units, what was its unit
product cost?
13. If Job Q included 30 units, what was its unit
product cost?
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the
selling prices for both jobs when stated on a per unit...
QUESTION #12: a. If Job P included 20 units, what was its unit
product cost? If Job Q included 30 units, what was its unit product
cost?
13.Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
1. If Job Q included 30 units, what was its
unit product cost?
2. Assume that Sweeten Company used cost-plus
pricing (and a markup percentage of 80% of total manufacturing
cost) to establish selling prices for all of its jobs. What selling
price would the company have established for Jobs P and Q? What are
the selling prices for both jobs when stated on a per unit basis
assuming 20 units were produced for Job P and 30 units were...
6. If Job Q included 30 units, what was its unit product cost?
(Do not round intermediate
calculations. Round your final answer to nearest
whole dollar.)
7. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
1. If Job P included 20 units, what was its unit product
cost?
2. What was the total manufacturing cost assigned to Job
Q?
3. If Job Q included 30 units, what was its unit product
cost?
4. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the...
Job P = $ 68,145 Job Q = predetermined overhead rate * Actual Total machine hours of Job Q Job Q = $ 11.55 Per machine hour * 5300 Machine hours Job Q = $ 61,215 [The following information applies to the questions displayed below.] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments--Molding and Fabrication. It started, completed, and sold only two jobs during March-Job P...
13. If Job Q included 30 units, what was its
unit product cost? (Do not round intermediate calculations.
Round your final answer to nearest whole dollar.)
14. Assume that Sweeten Company used cost-plus
pricing (and a markup percentage of 80% of total manufacturing
cost) to establish selling prices for all of its jobs. What selling
price would the company have established for Jobs P and Q? What are
the selling prices for both jobs when stated on a per unit...
13. If Job Q included 30 units, what was its unit product
cost?
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
units were produced for Job P and 30 units were...
13. If Job Q included 30 units, what was
its unit product cost? (Do not round intermediate
calculations. Round your final answer to nearest whole
dollar.)
14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit...
Most questions answered within 3 hours.
-
Use the following set of observed frequencies to test the
independence of the two variables. Variable...
asked 19 minutes ago -
Two kg of ice at -15 °C are placed in a 2 kg bath of water...
asked 19 minutes ago -
Describe the following with suitable
examples.
1- Security Policy Heterogeneity
2-Security Model Heterogeneity
3-Security Mechanism Heterogeneity...
asked 19 minutes ago -
Please Identify the Term "Determinism" in Psychology
asked 18 minutes ago -
The table below represents the number of republicans, democrats
and independent voting on a specific issue....
asked 23 minutes ago -
List and compare different forms of passive transport and active
transport.
asked 31 minutes ago -
In Netherland Dwarf rabbits, dwarf size is determined by allele
N, and normal-size by allele n....
asked 38 minutes ago -
During Heaton Company’s first two years of operations, it
reported absorption costing net operating income as...
asked 52 minutes ago -
Consider testing the
hypotheses:
H0: p = 0.56
H1: p > 0.56
where p is
the...
asked 55 minutes ago -
In a two-factor analysis of variance a main effect is defined as
____.
a. the unique...
asked 1 hour ago -
A bank's loan officer rates applicants for credit. The ratings
are normally distributed with a mean...
asked 1 hour ago -
Fill in the following information for Adipic Acid: molecular
weight, g or ml, mole, melting point,...
asked 1 hour ago