Kearney inc
Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder would sell well at a price of $66. The company estimates unit materials costs to be $16 for the model, and overhead costs would average $18 per unit. The local wage rate for direct labor is $28 per hour. Kearney has a goal of earning an operating profit of 20 percent of manufacturing costs for each of its products.What is the maximum direct labor time per unit?
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Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder would...
Kearney, Inc., makes kitchen tools. Company management believes that a new model of coffee grinder would sell well at a price of $74.25. The company estimates unit materials costs to be $8.00 for the model, and overhead costs would average $35.50 per unit. The local wage rate for direct labor is $23.00 per hour. Kearney has a goal of earning an operating profit of 35.00 percent of manufacturing costs for each of its products. Required: What direct labor-hour input (hours...
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BC Corporation makes and sells a product called Product WZ. Each unit of Product WZ requires...
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Need help with item #4 - gross profit per unit
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Exercise 4-43 Target Costing and Purchasing Decisions (LO 4-3) Mira Mesa Appliances makes and sells kitchen equipment for offices and hotel rooms. Mira Mesa management believes that a new model of refrigerator made out of a synthetic material would sell well at a price of $430 per unit. Labor costs are estimated at $49 per unit and overhead costs would be $58 per unit. The major uncertainty is the price of the synthetic material. Mira Mesa is in negotiations with...
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