Homework Answers
The number of units sold to achieve a profit is calculated by using the following table,
Direct labor cost  |
$4.2 Per unit |
| Direct material cost | $4.00 per unit |
| Overhead cost 120% of direct labor | $5.04 |
| Packaging and Shipping | $1.20 Per unit |
| Total Variable cost | $14.44 |
Now the contribution margin is,
So, the number of units sold is,
=Desired profit/ Contribution Margin
The number of units sold achieve $25000 profit is 4,496.40 units
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1.a) What variable manufacturing overhead cost would be included
in the company's flexible budget for March and what is the variable
overhead effeiciency variance for March? b) What is the
variable overhead rate variance for March? c) What is the spending
variance related to advertising? d) What is the spending variance
related to sales salaries and commissions? e)What is the spending
variance related to shipping expenses?
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on...
Chapter 1 Pre-Quiz 2 Part 2 of 15 (The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows points Average Cost Unit $5.30 Print Direct materials Direct labor $1.40 $4.00 $2.30 $2.20 $1.20 $0.45 Fixed manufacturing overhead Fixed selling expense Pixed administrative Sales commissions expense 2. For financial accounting purposes, what is the total...
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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...
ACC 300 CHAPTER 6 HW Jensen Manufacturing has the following information relating to their master budget for 2020: Units Sold Selling Price Pounds of Direct Materials Per Unit Manufactured DL Hours Per Unit Manufactured OH Rate Per DL Hour Current Inventory of Finished Product Target Inventory of Finished Product Current Inventory of Direct Materials Target Inventory of Direct Materials Cost per Pound of Direct Material Cost per Direct Labor Hour 2,500 units $100 per unit 3 pounds 2 hours $15...
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