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Sales Forecast & Product Budget table numbers
(units)
April: Budget (880 units) & Sales (805 units)
may: Budget (1,100 units) & Sales (900 units)
june: Budget (1075) & Sales (1025 units)
july : budget (1125 units) & sales (875 units)
Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next...
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the total factory overhead for Bardot marine company
Product Costs and Product Profitability Reports, using a Single Plantwide Factory Overhead Rate Elliott Engines Inc. produces three products-pistons, valves, and cams-for the heavy equipment industry. Elliott Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 2012 is as follows:...
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Special Order; Opportunity Cost Alton Inc. is working at full production capacity producing 20,000 units of a unique 11-23 product. Manufacturing costs per unit for the product are as follows: $9 Direct materials Direct labor Manufacturing overhead 10 Total manufacturing cost per unit $27 The per-unit manufacturing overhead cost is based on a $4 variable cost per unit and $120,000 fixed costs. The nonmanufacturing costs, all variable, are $8 per unit, and the sales price is $45 per unit. Sports...
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Foster Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follws Direct materials Direct labor Inspecting products Providing power 240,000 60,000 30,000 40,000 60,000 Setting up equipment Moving materials 600,000 production costs; moving materials costs and setting up equipment costs will only be S0% of the production costs: and supervison costs will amount to only 40% of the production amount. An outside supplier has offered to sell the component for osso. What is the...
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AA Inc manufactures hoodies in two sizes: child and adult. The
AA Inc factory has excess capacity available, however the specially
trained sewers labour force is limited; the company has a maximum
of 18,000 direct labour sewing hours per year for manufacturing.
Fixed costs are stable and unavoidable, at $300,000.
Per Unit Data:
Child’s
Hoodie
Adult Hoodie
SALES
PRICE
$
40
$ 55
Variable Manufacturing Cost $
18
$ 23
DL hours needed
...
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Business Decision Case The following total cost data are
for Ralston Manufacturing Company,
which has a normal capacity per period of 400,000 units
of product that sell for $18 each. For the
foreseeable future, regular sales volume should continue
at normal capacity of production
Solution 6.1
y-intercept 5 Total fixed costs of $5.000
Slope 5 Variable cost per unit of approximately $0.50
per water bottle cage
Total cost 5 ($0.50 3 # of water bottle cages) 1
$5,000
$25,000 5...
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Show all work.
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JL Company manufactures and sells a single product called a Widget Operating at capacity, the company can produce and sell 30,000 Rets per year. Costs associated with thislevel of producti on and sales are given below: Unit Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expense Fixed selling expense $25$750,000 180,000 90,000 210,000 120,000 180,000 3 7 4 Total cost $51 $ 1,530,000 The Rets normally sell for $56 each....
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Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (12,700 units X $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 381,000 228,600 152,400 170,400 $ (18,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
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Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,000 units X $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 390,000 234,000 156,000 174,000 $ (18,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
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Princeton Manufacturing Company summarizes the following total
cost data for the month of March. Princeton has a normal capacity
per month of 25,000 units of product that sell for $120 each. For
the foreseeable future,
sales volume should equal normal capacity of production.
Princeton Manufacturing Company summarizes the following total cost data for the month of March. Princeton has a normal capacity per month of 25,000 units of product that sell for $120 each. For the foreseeable future, sales volume...
Sales Forecast & Product Budget table numbers
(units)
April: Budget (880 units) & Sales (805 units)
may: Budget (1,100 units) & Sales (900 units)
june: Budget (1075) & Sales (1025 units)
july : budget (1125 units) & sales (875 units)
Delray Manufacturing needs to better budget and analyze costs. While Delray has experienced high sales growth, it has struggled to effectively manage costs and inventories. Delray aims to end each month with direct materials inventory equal to 40% of next...
the total factory overhead for Bardot marine company
Product Costs and Product Profitability Reports, using a Single Plantwide Factory Overhead Rate Elliott Engines Inc. produces three products-pistons, valves, and cams-for the heavy equipment industry. Elliott Engines has a very simple production process and product line and uses a single plantwide factory overhead rate to allocate overhead to the three products. The factory overhead rate is based on direct labor hours. Information about the three products for 2012 is as follows:...
Special Order; Opportunity Cost Alton Inc. is working at full production capacity producing 20,000 units of a unique 11-23 product. Manufacturing costs per unit for the product are as follows: $9 Direct materials Direct labor Manufacturing overhead 10 Total manufacturing cost per unit $27 The per-unit manufacturing overhead cost is based on a $4 variable cost per unit and $120,000 fixed costs. The nonmanufacturing costs, all variable, are $8 per unit, and the sales price is $45 per unit. Sports...
Foster Industries manufactures 20,000 components per year. The manufacturing cost of the components was determined as follws Direct materials Direct labor Inspecting products Providing power 240,000 60,000 30,000 40,000 60,000 Setting up equipment Moving materials 600,000 production costs; moving materials costs and setting up equipment costs will only be S0% of the production costs: and supervison costs will amount to only 40% of the production amount. An outside supplier has offered to sell the component for osso. What is the...
Business Decision Case The following total cost data are
for Ralston Manufacturing Company,
which has a normal capacity per period of 400,000 units
of product that sell for $18 each. For the
foreseeable future, regular sales volume should continue
at normal capacity of production
Solution 6.1
y-intercept 5 Total fixed costs of $5.000
Slope 5 Variable cost per unit of approximately $0.50
per water bottle cage
Total cost 5 ($0.50 3 # of water bottle cages) 1
$5,000
$25,000 5...
Show all work.
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
JL Company manufactures and sells a single product called a Widget Operating at capacity, the company can produce and sell 30,000 Rets per year. Costs associated with thislevel of producti on and sales are given below: Unit Total Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expense Fixed selling expense $25$750,000 180,000 90,000 210,000 120,000 180,000 3 7 4 Total cost $51 $ 1,530,000 The Rets normally sell for $56 each....
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (12,700 units X $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 381,000 228,600 152,400 170,400 $ (18,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
Due to erratic sales of its sole product-a high-capacity battery for laptop computers-PEM, Inc., has been experiencing financial difficulty for some time. The company's contribution format income statement for the most recent month is given below: Sales (13,000 units X $30 per unit) Variable expenses Contribution margin Fixed expenses Net operating loss $ 390,000 234,000 156,000 174,000 $ (18,000) Required: 1. Compute the company's CM ratio and its break-even point in unit sales and dollar sales. 2. The president believes...
Princeton Manufacturing Company summarizes the following total
cost data for the month of March. Princeton has a normal capacity
per month of 25,000 units of product that sell for $120 each. For
the foreseeable future,
sales volume should equal normal capacity of production.
Princeton Manufacturing Company summarizes the following total cost data for the month of March. Princeton has a normal capacity per month of 25,000 units of product that sell for $120 each. For the foreseeable future, sales volume...