Data SIGMA Inc. Direct material per set ($100), dirrect labour, 4 hours at $10 per hr...
Data SIGMA Inc. Direct material per set ($100), dirrect labour, 4 hours at $10 per hr variable selling cost $ 10, variabel overhead rate $15, fixed overhead rate $ 25, fixed administration cost $50.000, production unit: 1.000 unit. Profit $100. Calculate: absorption manufacturing cost, total cost, total variable manufacturing cost, mark up (%), and price.
Homework Answers
Request Answer!
We need at least 10 more requests to produce the answer.
0 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
Data SIGMA Inc. Direct material per set ($100),
dirrect labour, 4 hours at $10 per hr...
product need 5kg and 0.8 hr to manufactre labour cost 100$/hr Material 10$/kg annual est sale...
product need 5kg and 0.8 hr to manufactre labour cost 100$/hr Material 10$/kg annual est sale 30000 total labour for a yr 2000 fine a)unit material cost b)unit labour cost c)unit direct cost d)unit manufacturing cost
Particulars Brakepad Gear Direct Material RM 8 RM 6 Direct Labour 24 hours @ RM0.25 per...
Particulars Brakepad Gear Direct Material RM 8 RM 6 Direct Labour 24 hours @ RM0.25 per hour 16 hours @ RM 0.25 per hour Selling Price RM 25 RM 20 Variable Overhead 150% of direct labour Fixed Overhead RM 750 The directors want to be acquainted with the desirability of adopting any one of the following alternative sales mixes in the budget for the next period: 150 units of Brakepad and 350 units of Gear 350 units of Brakepad and...
Sedona Company set the following standard costs for one unit of its product for 2017. Direct material (20 Ibs. $2.10 per Ib.) Direct labor (10 hrs. $8.80 per hr.1) Factory variable overhead (10...
Sedona Company set the following standard costs for one unit of its product for 2017. Direct material (20 Ibs. $2.10 per Ib.) Direct labor (10 hrs. $8.80 per hr.1) Factory variable overhead (10 hrs. $4.00 per hr. Factory tixed overhead (10 hr. $1.80 per hr.) Standard cost s 42.00 88.00 40.00 18.00 $188.00 The $5.80 ($4.00+$1.80) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 70,000 units...
Q.1 Amben LTD, makes a product, the Arigato, which has the following unit costs: Direct materials...
Q.1 Amben LTD, makes a product, the Arigato, which has the following unit costs: Direct materials $8, Direct labour cost $4, variable production cost $2. The company has fixed selling price at $30 per unit. At the beginning of September 2020, there were no opening inventories and production during the month was 20,000 units. Fixed costs for the month were $45,000 (production administration, sales, and distribution). There were no variable marketing costs. Required Calculate the contribution and profit for September...
Derf Company allocates overhead on the basis of direct labour hours. Two direct labour hours are required for each unit of product. Continued
Derf Company allocates overhead on the basis of direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 9000 units. Manufacturing overhead is estimated at $135,000 for the period (20 per cent of this cost is fixed). The 17,200 hours worked during the period resulted in the production of 8500 units. Variable manufacturing overhead cost incurred was $108,500 and the fixed manufacturing overhead cost was $28,000. Required(a) Determine the...
Question 26 Pointe Claire Company applies overhead based on direct labour hours. Two direct labour hours...
Question 26 Pointe Claire Company applies overhead based on direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 8,300 units. Manufacturing overhead is budgeted at $124,500 for the period (20% of this cost is fixed). The 16,290 hours worked during the period resulted in the production of 8,000 units. The variable manufacturing overhead cost incurred was $100,800 and the fixed manufacturing overhead cost was $28,400. Calculate the...
Pointe Claire Company applies overhead based on direct labour hours. Two direct labour hours are required...
Pointe Claire Company applies overhead based on direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 8,600 units. Manufacturing overhead is budgeted at $120,400 for the period (20% of this cost is fixed). The 16,500 hours worked during the period resulted in the production of 8,170 units. The variable manufacturing overhead cost incurred was $97,400 and the fixed manufacturing overhead cost was $28,900. Partially correct answer. ...
Schuman Corporation produces microwave units. The following per-unit cost information is available: direct materials $37; direct...
Schuman Corporation produces microwave units. The following
per-unit cost information is available: direct materials $37;
direct labour $25; variable manufacturing overhead $17; fixed
manufacturing overhead $41; variable selling and administrative
expenses $12; and fixed selling and administrative expenses $29.
Its desired ROI per unit is $31.92. Calculate the markup percentage
using variable-cost pricing. (Round answer to 2 decimal
places, e.g. 15.25%.)
Markup percentage
%
adong Remanufacturing rebuilds spot welders for manufacturers.
The following budgeted cost data for 2020 are available...
Exercise 19-11 Pricing with Absorption Costing $100 $30 Calculate absorption cost per unit: Direct materials Direct...
Exercise 19-11 Pricing with Absorption Costing $100 $30 Calculate absorption cost per unit: Direct materials Direct labor Variable overhead Fixed overhead Total Absorption Cost per unit $8 $12 600,000/50,000 $150 $60 Target Selling price per unit: Absorption Cost per unit $150 Target Selling price per unit $210 Exercise 19-11 Absorption costing and product pricing @P4 Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and has a target markup of 40%...
Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00...
Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00 Fixed Manufacturing Overhead 40,000 Variable Selling expense 2.00 Fixed Selling expense 15,000 The Selling price per unit is $35.00 and the company made and sold 10,000 units. What is the gross profit per unit? Answer: age
Sedona Company set the following standard costs for one unit of its product for 2017. Direct material (20 Ibs. $2.10 per Ib.) Direct labor (10 hrs. $8.80 per hr.1) Factory variable overhead (10 hrs. $4.00 per hr. Factory tixed overhead (10 hr. $1.80 per hr.) Standard cost s 42.00 88.00 40.00 18.00 $188.00 The $5.80 ($4.00+$1.80) total overhead rate per direct labor hour is based on an expected operating level equal to 70% of the factory's capacity of 70,000 units...
Question 26 Pointe Claire Company applies overhead based on direct labour hours. Two direct labour hours are required for each unit of product. Planned production for the period was set at 8,300 units. Manufacturing overhead is budgeted at $124,500 for the period (20% of this cost is fixed). The 16,290 hours worked during the period resulted in the production of 8,000 units. The variable manufacturing overhead cost incurred was $100,800 and the fixed manufacturing overhead cost was $28,400. Calculate the...
Schuman Corporation produces microwave units. The following
per-unit cost information is available: direct materials $37;
direct labour $25; variable manufacturing overhead $17; fixed
manufacturing overhead $41; variable selling and administrative
expenses $12; and fixed selling and administrative expenses $29.
Its desired ROI per unit is $31.92. Calculate the markup percentage
using variable-cost pricing. (Round answer to 2 decimal
places, e.g. 15.25%.)
Markup percentage
%
adong Remanufacturing rebuilds spot welders for manufacturers.
The following budgeted cost data for 2020 are available...
Exercise 19-11 Pricing with Absorption Costing $100 $30 Calculate absorption cost per unit: Direct materials Direct labor Variable overhead Fixed overhead Total Absorption Cost per unit $8 $12 600,000/50,000 $150 $60 Target Selling price per unit: Absorption Cost per unit $150 Target Selling price per unit $210 Exercise 19-11 Absorption costing and product pricing @P4 Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and has a target markup of 40%...
Per unit cost Per period Cost Direct Material 3.00 Direct Labor 7.00 Variable Manufacturing Overhead 1.00 Fixed Manufacturing Overhead 40,000 Variable Selling expense 2.00 Fixed Selling expense 15,000 The Selling price per unit is $35.00 and the company made and sold 10,000 units. What is the gross profit per unit? Answer: age
Most questions answered within 3 hours.
-
Kylie is a single mom with two dependent children,
Tanner, age 7 and Olivia, age 11....
asked 44 minutes ago -
Phosphorous + bromine = phosphorous tribromide. If 35.0 g of
bromine are reacted and 27.9 grams...
asked 2 hours ago -
Derive the long wavelength limit of the Planck energy density
distribution
asked 2 hours ago -
Calculate the pH of each of the following solutions.
0.50 M HBr
3.1×10−4 M KOH
4.2×10−5...
asked 5 hours ago -
For the year ended December 31, Depot Max’s cost of merchandise
sold was $85,600. Inventory at the...
asked 5 hours ago -
Week 10 - Professional Memo Assignment
Professional Memo Assignment
Your mission for this week, should you...
asked 5 hours ago -
Write a Python program that stores the data for each
player on the team, and it...
asked 5 hours ago -
In
the last 3 months, mike never knows when he is going to get his
allowance...
asked 6 hours ago -
Is Ca(OH)2 a Bronsted base, Lewis base, or both? Why?
asked 6 hours ago -
1A- Why don’t voters complain about U.S. tariffs on imported
sugar?
Because sugar is only a...
asked 6 hours ago -
Cash Payback Period
Primera Banco is evaluating two capital investment proposals for
a drive-up ATM kiosk,...
asked 6 hours ago -
Create a button in Swift (Xcode) that will create a charge,
create a charge using Stripe's...
asked 6 hours ago