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Question 8 1 pts The following...
plz solve step by step Question #1 ABC Ltd is considering using direct costing method for...
plz solve step by step
Question #1 ABC Ltd is considering using direct costing method for decision making instead of absorption costing method. Following data has been summarized for that purpose: Units Units Rs. Rs. Annual Maximum Plant capacity Annual Normal Plant capacity Fixed Factory overhead for the year Fixed Marketing Expenses for the year Fixed Administrative expenses for the year Sales price per unit Standard variable manufacturing cost per unit Variable marketing expenses per unit sold Budgeted production for...
plz solve step by step in a full format. Question #1 ABC Ltd is considering using...
plz solve step by step in a full format.
Question #1 ABC Ltd is considering using direct costing method for decision making instead of absorption costing method. Following data has been summarized for that purpose: Units Units RS Annual Maximum Plant capacity Annual Normal Plant capacity Fixed Factory overhead for the year Fixed Marketing Expenses for the year Fixed Administrative expenses for the year Sales price per unit Standard variable manufacturing cost per unit Variable marketing expenses per unit sold...
1) Markson Company had the following results of operations for the past year: Sales (8,000 units...
1) Markson Company had the following results of operations for the past year: Sales (8,000 units at $20.70) $ 165,600 Variable manufacturing costs $ 88,800 Fixed manufacturing costs 15,700 Variable selling and administrative expenses 14,800 Fixed selling and administrative expenses 20,700 (140,000 ) Operating income $ 25,600 A foreign company whose sales will not affect Markson's market offers to buy 2,000 units at $15.05 per unit. In addition to variable manufacturing costs, selling these units would increase fixed overhead by...
Question 2 1 pts Truman Company has developed a new gadget with the following cost information...
Question 2 1 pts Truman Company has developed a new gadget with the following cost information Variable manufacturing costs: $25 per unit Fixed manufacturing costs: $60,000 Variable selling and administrative costs: $2 per unit Fixed selling and administrative costs $10,000. Truman expects to produce and sell 10,000 units. It must invest $800,000 in equipment to produce the gadgets and it desires a 15% return on investments. Using cost-plus pricing, what is Truman Company's selling price for one gadget? $43 $46...
QUESTION 5 (20 points) A firm is considering two capacity alternatives: Alternative A and Alternative B....
QUESTION 5 (20 points) A firm is considering two capacity alternatives: Alternative A and Alternative B. Alternative A would have an annual fixed cost of $40,000 and variable costs of $400 per unit. Alternative B would have annual fixed costs of $60,000 and variable costs of $200 per unit. Revenue per unit is expected to be $1000 per unit for Alternative A and $1050 for Alternative B. Complete the following parts using Excel. a) Create a graph for each alternative...
Question 2 Oak Harbor Woodworks is considering a new labor-saving machine that rents for $15,000 per...
Question 2 Oak Harbor Woodworks is considering a new labor-saving machine that rents for $15,000 per year. The machine will be used on the company's butcher block production line. Data concerning the company's annual sales and costs of butcher blocks with and without the new machine are shown below: Current situation Situation with the new machine Units produced and sold... .5,000 6,000 Selling price per unit...... $40 $39 Direct materials cost per unit. $14 $13 Direct labor cost per unit....
i have attached photos for all the question and its parts. please help me solve this...
i
have attached photos for all the question and its parts. please
help me solve this urgently
Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Per Uni $25 Tota $450,000 180,000 270,000 Contribution margin Less Fixed expenses 77,000 Net income $193,000 Required: 1. Prepare a new income statement if the sales volume increases by 25%, and the selling price decreases by $3.00. (Round "Per Unit" answers to 2 decimal places.) Per Unit Sales 2. Prepare...
I need help with this exercise please! 6 P8-6A. Product Emphasis Lowell Corporation manufactures both a...
I need help with this exercise please!
6 P8-6A. Product Emphasis Lowell Corporation manufactures both a deluxe and a standard model of ousehold food blender. Because of limited demand, for several years production has been at 80% of estimated capacity, which is thought to be limited by the number of machine hours available. At ou rent operation levels, a profit analysis for each product line shows the following data: Per-Unit Data Deluxe Standard Sales price Production costs $216 $84 $89...
i need help on this Use the following information to answer Questions (10)-(12) Troy Engines manufactures a varict...
i
need help on this
Use the following information to answer Questions (10)-(12) Troy Engines manufactures a varicty of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors carburetor to Troy Engines for a cost of $32 per unit. To evaluate this offer, Troy Engines has gathered the following information relating to its own cost of producing the carburctor internally: An outside supplier has offered...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Ed...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Eddy Company is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $60 and Eddy Company would sell it for $135. The cost to assemble the product is estimated at...
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Question #1 ABC Ltd is considering using direct costing method for decision making instead of absorption costing method. Following data has been summarized for that purpose: Units Units Rs. Rs. Annual Maximum Plant capacity Annual Normal Plant capacity Fixed Factory overhead for the year Fixed Marketing Expenses for the year Fixed Administrative expenses for the year Sales price per unit Standard variable manufacturing cost per unit Variable marketing expenses per unit sold Budgeted production for...
plz solve step by step in a full format.
Question #1 ABC Ltd is considering using direct costing method for decision making instead of absorption costing method. Following data has been summarized for that purpose: Units Units RS Annual Maximum Plant capacity Annual Normal Plant capacity Fixed Factory overhead for the year Fixed Marketing Expenses for the year Fixed Administrative expenses for the year Sales price per unit Standard variable manufacturing cost per unit Variable marketing expenses per unit sold...
Question 2 1 pts Truman Company has developed a new gadget with the following cost information Variable manufacturing costs: $25 per unit Fixed manufacturing costs: $60,000 Variable selling and administrative costs: $2 per unit Fixed selling and administrative costs $10,000. Truman expects to produce and sell 10,000 units. It must invest $800,000 in equipment to produce the gadgets and it desires a 15% return on investments. Using cost-plus pricing, what is Truman Company's selling price for one gadget? $43 $46...
QUESTION 5 (20 points) A firm is considering two capacity alternatives: Alternative A and Alternative B. Alternative A would have an annual fixed cost of $40,000 and variable costs of $400 per unit. Alternative B would have annual fixed costs of $60,000 and variable costs of $200 per unit. Revenue per unit is expected to be $1000 per unit for Alternative A and $1050 for Alternative B. Complete the following parts using Excel. a) Create a graph for each alternative...
Question 2 Oak Harbor Woodworks is considering a new labor-saving machine that rents for $15,000 per year. The machine will be used on the company's butcher block production line. Data concerning the company's annual sales and costs of butcher blocks with and without the new machine are shown below: Current situation Situation with the new machine Units produced and sold... .5,000 6,000 Selling price per unit...... $40 $39 Direct materials cost per unit. $14 $13 Direct labor cost per unit....
i
have attached photos for all the question and its parts. please
help me solve this urgently
Miller Company's most recent income statement follows: Sales (18,000 units) Less: Variable expenses Per Uni $25 Tota $450,000 180,000 270,000 Contribution margin Less Fixed expenses 77,000 Net income $193,000 Required: 1. Prepare a new income statement if the sales volume increases by 25%, and the selling price decreases by $3.00. (Round "Per Unit" answers to 2 decimal places.) Per Unit Sales 2. Prepare...
I need help with this exercise please!
6 P8-6A. Product Emphasis Lowell Corporation manufactures both a deluxe and a standard model of ousehold food blender. Because of limited demand, for several years production has been at 80% of estimated capacity, which is thought to be limited by the number of machine hours available. At ou rent operation levels, a profit analysis for each product line shows the following data: Per-Unit Data Deluxe Standard Sales price Production costs $216 $84 $89...
i
need help on this
Use the following information to answer Questions (10)-(12) Troy Engines manufactures a varicty of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors carburetor to Troy Engines for a cost of $32 per unit. To evaluate this offer, Troy Engines has gathered the following information relating to its own cost of producing the carburctor internally: An outside supplier has offered...
24. Which of the following costs are variable? 10,000 Units 30,000 Units $100,000 40,000 90,000 50,000 Cost $300,000 240,000 90,000 150,000 2. 4. A) only 2 B) only 1 C) 1 and 2 D) 1 and4 25. Eddy Company is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $60 and Eddy Company would sell it for $135. The cost to assemble the product is estimated at...
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