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Shamokin Manufacturing produces a Tourbillon watch movement called OM362. Shamokin expects to sell 14.000 units of...
Three Bears Manufacturing produces an auto - quartz watch movement called OM362. Three Bears expects to sell 11,000...
Three Bears Manufacturing produces an auto - quartz watch movement called OM362. Three Bears expects to sell 11,000 units of OM362 and to have an ending finished inventory of 4,000 units. Currently, it has a beginning finished inventory of 1,000 units. Each unit of OM362 requires two labor operations, three labor hour(s) of assembling and one labor hour(s) of polishing. The direct labor rate for assembling is $11.00 per assembling hour and the direct labor rate for polishing is $16.50...
3) Picture Pretty manufactures picture frames. Sales for August are expected to be 10,000 units of...
3) Picture Pretty manufactures picture frames. Sales for August are expected to be 10,000 units of various sizes Historically, the average frame requires four feet of framing, one square foot of glass, and two square feet of backing. ling, 500 square feet of glass, and 500 square feet of backing. Current prices are $0,30 per foot of framing, $6.00 per square foot of glass, and $2.25 per square foot of backing. Ending inventory should be 150% of beginning inventory. Purchases...
Boca Jr, Inc., expects to sell 8,900 soccer balls for $35 each in 2012. Direct materials...
Boca Jr, Inc., expects to sell 8,900 soccer balls for $35 each in 2012. Direct materials costs are $7 per yard, direct manufacturing labor is $8 per labor hour, and manufacturing overhead is $3.5 per soccer ball. Each ball requires 0.75 yards of synthetic leather and 1.5 labor hours. The following inventory levels apply to 2018: Beginning inventory Ending inventory Direct materials 275 yards 540 yards Work-in-process inventory 0 units 0 units Finished goods inventory...
Shadee Corp. expects to sell 590 sun visors in May and 400 in June. Each visor...
Shadee Corp. expects to sell 590 sun visors in May and 400 in June. Each visor sells for $19. Shadee’s beginning and ending finished goods inventories for May are 75 and 55 units, respectively. Ending finished goods inventory for June will be 65 units. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $8 per hour. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $8...
Kason, Inc., expects to sell 23,000 pool cues for $13 each. Direct materials costs are $3,...
Kason, Inc., expects to sell 23,000 pool cues for $13 each. Direct materials costs are $3, direct manufacturing labor is $5, and manufacturing overhead is $0.81 per pool cue. The following inventory levels apply to 2016: beginning inventory ending inventory Direct materials 26,000 units 26,000 units work-in-process inventory 0 units 0 units finished goods inventory 1200 units 3000 units How many pool cues need to be produced in 2016?
Shadee Corp. expects to sell 510 sun visors in May and 420 in June. Each visor sells for $21. Shadee’s beginning and end...
Shadee Corp. expects to sell 510 sun visors in May and 420 in June. Each visor sells for $21. Shadee’s beginning and ending finished goods inventories for May are 80 and 45 units, respectively. Ending finished goods inventory for June will be 70 units. Suppose that each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $10 per hour. Determine Shadee's budgeted direct labor cost for May and June.
Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone...
Telecom uses activity-based costing to allocate all manufacturing conversion costs. Telecom produces cellular telephones; each phone has $40.00 of direct materials, includes 20 parts, and requires 5 hours of machine time. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handling Number of parts $4.50 per part Machining Machine hours $5.00 per machine hour Assembling Number of parts $1.00 per part Packaging Number of finished units $6.00 per finished unit What is the cost of assembling per phone? $20...
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 630 sun...
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 630 sun visors in May and 440 in June. Each visor sells for $15. Shadee's beginning and ending finished goods inventories for May are 75 and 40 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.20 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: Determine Shadee's budgeted direct labor cost for...
1. A company expects to sell 400 units of Product X in January and then expects...
1. A company expects to sell 400 units of Product X in January and then expects sales to increase by 10% per month. If Product X sells for $10 each, the total sales for the first quarter of the year will be $ 2. A manufacturing company expects to sell 12,000 units in August and 15,000 units in September. The company desires to have an ending inventory of 80% of the next month's sales. If inventory on August 1 is...
Giantage Corporation produces windows used in residential construction. The company expects to produce 44,550 units next...
Giantage Corporation produces windows used in residential construction. The company expects to produce 44,550 units next year. With regards to direct materials, each unit of product requires 12 square feet of glass at a cost of $1.50 per square foot. With regards to direct labor, each unit of product requires 2 labor hours at a cost of $15/hour. The following information relates to the manufacturing overhead budget. Variable Overhead Costs Indirect materials $2.50 per unit Indirect labor $3.20 per unit...
Three Bears Manufacturing produces an auto - quartz watch movement called OM362. Three Bears expects to sell 11,000 units of OM362 and to have an ending finished inventory of 4,000 units. Currently, it has a beginning finished inventory of 1,000 units. Each unit of OM362 requires two labor operations, three labor hour(s) of assembling and one labor hour(s) of polishing. The direct labor rate for assembling is $11.00 per assembling hour and the direct labor rate for polishing is $16.50...
3) Picture Pretty manufactures picture frames. Sales for August are expected to be 10,000 units of various sizes Historically, the average frame requires four feet of framing, one square foot of glass, and two square feet of backing. ling, 500 square feet of glass, and 500 square feet of backing. Current prices are $0,30 per foot of framing, $6.00 per square foot of glass, and $2.25 per square foot of backing. Ending inventory should be 150% of beginning inventory. Purchases...
[The following information applies to the questions displayed below.] Shadee Corp. expects to sell 630 sun visors in May and 440 in June. Each visor sells for $15. Shadee's beginning and ending finished goods inventories for May are 75 and 40 units, respectively. Ending finished goods inventory for June will be 60 units. Suppose that each visor takes 0.20 direct labor hours to produce and Shadee pays its workers $10 per hour. Required: Determine Shadee's budgeted direct labor cost for...
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