Homework Answers
The drop down selection will be in line as follows
1.% increase
2. Total units prod.
3. Total cost
4. Variable % of cost
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2012 2013 Variable unit (c - cost in 2013 Fred % of cost % increase Total...
e products, reports the following manufacturing costs and Amount $300,000 225.000 37,500 56,250 60,000 100,000 C....
e products, reports the following manufacturing costs and Amount $300,000 225.000 37,500 56,250 60,000 100,000 C. a manufacturer of plastic products, reports the following manuru account analysis classification for the year ended December 31, 2012 Account Direct materials Classification Direct manufacturing labor All variable All variable Power All variable Supervision labor 20% variable Materials-handling labor 50% variable Maintenance labor 75,000 40% variable 95.000 Depreciation 0% variable Rent, property taxes, and administration 0% variable Gower's management is estimating costs for Gower,...
Compute the total of variable cost per unit and total fixed cost. Variable Cost per unit Fixed Costs: Utility $12,400...
Compute the total of variable cost per unit and total fixed
cost.
Variable Cost per unit Fixed Costs: Utility $12,400 3.00 Utility 10.50 Rent Direct Materials 36,000 14,000 $ 62,400 Direct Labor 4.50 Depreciation Total 18.00 Total USC has determined that the cost line for Utility Cost is 3x 12,400 y Prepare a C-V-P graph for USC. Use zero units and 7,000 units. Compute sales and total cost at those points Units 7,000 0 Sales Total Cost Include your graph...
Use the following data to answer the question 2012 2013 2014 Unit Data Beginning Inventory...
Use the following data to answer the question 2012 2013 2014 Unit Data Beginning Inventory 0 ? ? Production 1000 800 1250 Sales 700 800 1500 variable costs manufacturing cost per unit produced $900 $900 $900 marketing cost per unit sold produced $600 $600 $600 Fixed costs Manufacturing costs $450,000 $450,000 $450,000 Marketing costs $140,000 $140,000 $140,000 Using absorption costing, what is the operating income in 2012 is the selling price...
Variable Manufacturing Unit Cost 20x1 Cost Projected Percent Increase 20x2 Cost Rounded to 2 Decimal Places...
Variable Manufacturing Unit Cost 20x1 Cost Projected Percent Increase 20x2 Cost Rounded to 2 Decimal Places 2% Lamp Kit Labor Variable Overhead $16 $2 $ 2 2.50% .50% $16.32 $2.07 $2.05 {4.01) {4.02) (4.03) 2 Projected Variable Manufacturing Cost Per Unit $20.44 {4.04) Total Variable Cost Per Unit 20x1 Cost 20x2 Cost Rounded to 2 Decimal Places Projected Percent Increase 2.00% 6.00% Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost $3.00 $2.00 3.06 2.12 20.44 (4.05) {4.06) (4.04) Projected...
Marginal cost is the change in total cost caused by a one-unit increase in output. A)...
Marginal cost is the change in total cost caused by a one-unit increase in output. A) True B) False Average total cost is equal to average variable cost plus average fixed cost. A) True B) False Diminishing marginal returns means that as you combine more units of a variable resource with a set of fixed resources, the marginal product decreases. A) True B) False
with this question, I guessed but i don't know where it comes from 2012 2013 2014...
with this question, I guessed
but i don't know where it comes from
2012 2013 2014 Unit Data Beginning Inventory 0 ? ? Production 800 700 80 Sales 200 800 40 variable costs manufacturing cost per unit produced $900 $900 $900 marketing cost per unit sold produced $600 $600 $600 Fixed costs Manufacturing costs $450,000 $450,000 $450,000 Marketing costs $140,000 $140,000 $140,000 Using variable or direct costing, how much inventoriable cost is assigned to each unit produced in 2012? Correct!...
Total Cost (@ 3,000 Units) Total Cost (@ 4,000 units) Variable Cost per Unit Total Fixed...
Total Cost (@ 3,000 Units) Total Cost (@ 4,000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@ 5,000 unit Direct labor (variable) $63,000 $84,000 ? ? Factory supervision (semi-variable) 50,000 65,000 ? ? Factory depreciation (fixed) 33,000 33,000 ? ? FIND FIXED AND TOTAL COST
Problems Problem 1 - 20 points Holder Manufacturing had $125.000 of net income in 2012 when...
Problems Problem 1 - 20 points Holder Manufacturing had $125.000 of net income in 2012 when the selling price per unit was $100, the variable costs per unit were $70, and the fixed costs were $475,000. Management expects per unit data and total fixed costs to remain the same in 2013. The president of Holder Manufacturing is under pressure from stockholders to increase net income by $60,000 in 2013. Instructions (a) Compute the number of units sold in 2012 (b)...
(0.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis...
(0.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Classification Amount Direct materials All variable $300,000 Direct manufacturing labor All variable 225,000 Power All variable 37,500 Supervision labor 20% variable 56,250 Materials-handling labor 50% variable 60,000 Maintenance labor 40% variable 75,000 Depreciation 0% variable 95,000 Rent, property taxes, and administration 0% variable 100,000 Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating...
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating Leverage = Contribution Margin / Net Income Complete the below table: Sales Variable Cost Total Contribution Margin Fixed Costs Operating Income Break-even Sales Revenue 150,000 125,000 50,000 B 85,000 35,000 15,000 75,000 65,000 113,750 D 180,000 50,000 144,000 Remember: 1) Variable costs rise and fall with an increase or decrease in revenue 2) Fixed costs do not rise and fall with an increase or...
e products, reports the following manufacturing costs and Amount $300,000 225.000 37,500 56,250 60,000 100,000 C. a manufacturer of plastic products, reports the following manuru account analysis classification for the year ended December 31, 2012 Account Direct materials Classification Direct manufacturing labor All variable All variable Power All variable Supervision labor 20% variable Materials-handling labor 50% variable Maintenance labor 75,000 40% variable 95.000 Depreciation 0% variable Rent, property taxes, and administration 0% variable Gower's management is estimating costs for Gower,...
Compute the total of variable cost per unit and total fixed
cost.
Variable Cost per unit Fixed Costs: Utility $12,400 3.00 Utility 10.50 Rent Direct Materials 36,000 14,000 $ 62,400 Direct Labor 4.50 Depreciation Total 18.00 Total USC has determined that the cost line for Utility Cost is 3x 12,400 y Prepare a C-V-P graph for USC. Use zero units and 7,000 units. Compute sales and total cost at those points Units 7,000 0 Sales Total Cost Include your graph...
Variable Manufacturing Unit Cost 20x1 Cost Projected Percent Increase 20x2 Cost Rounded to 2 Decimal Places 2% Lamp Kit Labor Variable Overhead $16 $2 $ 2 2.50% .50% $16.32 $2.07 $2.05 {4.01) {4.02) (4.03) 2 Projected Variable Manufacturing Cost Per Unit $20.44 {4.04) Total Variable Cost Per Unit 20x1 Cost 20x2 Cost Rounded to 2 Decimal Places Projected Percent Increase 2.00% 6.00% Variable Selling Variable Administrative Projected Variable Manufacturing Unit Cost $3.00 $2.00 3.06 2.12 20.44 (4.05) {4.06) (4.04) Projected...
with this question, I guessed
but i don't know where it comes from
2012 2013 2014 Unit Data Beginning Inventory 0 ? ? Production 800 700 80 Sales 200 800 40 variable costs manufacturing cost per unit produced $900 $900 $900 marketing cost per unit sold produced $600 $600 $600 Fixed costs Manufacturing costs $450,000 $450,000 $450,000 Marketing costs $140,000 $140,000 $140,000 Using variable or direct costing, how much inventoriable cost is assigned to each unit produced in 2012? Correct!...
Problems Problem 1 - 20 points Holder Manufacturing had $125.000 of net income in 2012 when the selling price per unit was $100, the variable costs per unit were $70, and the fixed costs were $475,000. Management expects per unit data and total fixed costs to remain the same in 2013. The president of Holder Manufacturing is under pressure from stockholders to increase net income by $60,000 in 2013. Instructions (a) Compute the number of units sold in 2012 (b)...
(0.4) Gower, Inc., a manufacturer of plastic products, reports the following manufacturing costs and account analysis classification for the year ended December 31, 2012. Account Classification Amount Direct materials All variable $300,000 Direct manufacturing labor All variable 225,000 Power All variable 37,500 Supervision labor 20% variable 56,250 Materials-handling labor 50% variable 60,000 Maintenance labor 40% variable 75,000 Depreciation 0% variable 95,000 Rent, property taxes, and administration 0% variable 100,000 Gower, Inc., produced 75,000 units of product in 2012. Gower's management...
7) Total Variable cost = Number of units sold x variable cost per unit 8) Operating Leverage = Contribution Margin / Net Income Complete the below table: Sales Variable Cost Total Contribution Margin Fixed Costs Operating Income Break-even Sales Revenue 150,000 125,000 50,000 B 85,000 35,000 15,000 75,000 65,000 113,750 D 180,000 50,000 144,000 Remember: 1) Variable costs rise and fall with an increase or decrease in revenue 2) Fixed costs do not rise and fall with an increase or...
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