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Minnie Manufacturing Limited Minnie Manufacturing Limited produces 3 products: Product April, Product May and Product June....
Laughing Strange Aussie Limited produces a single product -premium wool Ugg boots. Variable manufacturing overhead is...
Laughing Strange Aussie Limited produces a single product -premium wool Ugg boots. Variable manufacturing overhead is applied to products based on direct machine-hours. The standard costs for one unit of product are as follows: Direct Material: 16 metres at $3.25 per metre Direct Labour 6 hours at $19.00 per hour Variable Manufacturing Overhead: 4 machine-hours at $12.00 per hour Total Standard Variable Cost Per Unit $52.00 $114.00 $48.00 $214.00 During the month of May, 64,880 units were produced. The actual...
Xavier Company produces a single product. Variable manufacturing overhead is applied to products on the basis...
Xavier Company produces a single product. Variable manufacturing overhead is applied to products on the basis of direct labor-hours. The standard costs for one unit of product are as follows: Direct material: 6 ounces at $0.50 per ounce . . . . . . . . . . . . . . . . . . $3 Direct labor: 1.8 hours at $10 per hour . . . . . . . . . . . . . . ....
Manufacturing Cost Budget Hubert Products produces a product with the following st Unit Costs: Direct materials: Wo...
Manufacturing Cost Budget Hubert Products produces a product with the following st Unit Costs: Direct materials: Wood: 11 square feet at $25 $275 Hardware kits (screws, etc) 15 $ 290 Direct labor 0.5 hours at $36 per hour Variable overhead, per unit Total variable costs per unit $ 318 Fixed costs per month (rent, utilities, supervision) $75,000 Management plans to produce 9,000 units in April 2017. Prepared a manufacturing cost budget for April 2017. Hubert Products Manufacturing Cost Budget From...
F G QUESTION 3 Dagbreek CC produces three products: AB and C. The following table gives...
F G QUESTION 3 Dagbreek CC produces three products: AB and C. The following table gives detail of the cost per unit for each of the three products Direct Material: Direct Labour: Variable Manufacturing Overheads3 Total Contribution per Unit Selling Price per Unit 27.00 12.00 3.00 42.00 18.00 60.00 14.00 40.00 32.00 16.00 8.00 4.00 54.00 60.00 36.00 20.00 90.00 80.00 10 12 13 The direct labour rate is R 8 per hour and only 3,000 labour hours per week...
Mack Co. manufactures four different products. Because the quality of its products is high, the demand...
Mack Co. manufactures four different products. Because the quality of its products is high, the demand for them is more than the company can produce. Based on the enquiries made by the current and potential customers, you have estimated the following for the coming year: Product A: Estimated demand in units = 8,000 Sell price per unit = $50 direct materials cost per unit = $5 and direct labour cost per unit = $5 Product B: Estimated demand in units...
Sales Forecast & Product Budget table numbers (units) April: Budget (880 units) & Sales (805 units)...
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...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: Product A Product B Product C demand for next year ............. 21,000 units 28,000 units 35,000 units selling price per unit ........... $80 $120 $160 direct material cost per unit .... $24 $ 22 $ 36 direct labor cost per unit ....... $18 $ 50 $ 62 variable overhead cost per unit...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: demand for next year ............. selling price per unit ........... direct material cost per unit .... direct labor cost per unit ....... variable overhead cost per unit .. Product A 21,000 units $80 $24 $18 $22 Product B 28,000 units $120 $ 22 $ 50 $ 25 Product C 35,000 units $160...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: Product A Product B Product C demand for next year ............. 21,000 units 28,000 units 35,000 units selling price per unit ........... $80 $120 $160 direct material cost per unit .... $24 $ 22 $ 36 direct labor cost per unit ....... $18 $ 50 $ 62 variable overhead cost per unit...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: Product A demand for next year ............. 21,000 units selling price per unit ........... $80 direct material cost per unit .... $24 direct labor cost per unit ........ $18 variable overhead cost per unit .. $22 Product B 28,000 units $120 $ 22 $ 50 $ 25 Product C 35,000 units $160...
Laughing Strange Aussie Limited produces a single product -premium wool Ugg boots. Variable manufacturing overhead is applied to products based on direct machine-hours. The standard costs for one unit of product are as follows: Direct Material: 16 metres at $3.25 per metre Direct Labour 6 hours at $19.00 per hour Variable Manufacturing Overhead: 4 machine-hours at $12.00 per hour Total Standard Variable Cost Per Unit $52.00 $114.00 $48.00 $214.00 During the month of May, 64,880 units were produced. The actual...
Manufacturing Cost Budget Hubert Products produces a product with the following st Unit Costs: Direct materials: Wood: 11 square feet at $25 $275 Hardware kits (screws, etc) 15 $ 290 Direct labor 0.5 hours at $36 per hour Variable overhead, per unit Total variable costs per unit $ 318 Fixed costs per month (rent, utilities, supervision) $75,000 Management plans to produce 9,000 units in April 2017. Prepared a manufacturing cost budget for April 2017. Hubert Products Manufacturing Cost Budget From...
F G QUESTION 3 Dagbreek CC produces three products: AB and C. The following table gives detail of the cost per unit for each of the three products Direct Material: Direct Labour: Variable Manufacturing Overheads3 Total Contribution per Unit Selling Price per Unit 27.00 12.00 3.00 42.00 18.00 60.00 14.00 40.00 32.00 16.00 8.00 4.00 54.00 60.00 36.00 20.00 90.00 80.00 10 12 13 The direct labour rate is R 8 per hour and only 3,000 labour hours per week...
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...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: demand for next year ............. selling price per unit ........... direct material cost per unit .... direct labor cost per unit ....... variable overhead cost per unit .. Product A 21,000 units $80 $24 $18 $22 Product B 28,000 units $120 $ 22 $ 50 $ 25 Product C 35,000 units $160...
XYZ Company produces three products, A, B, and C. XYZ's plant capacity is limited to 48,000 machine hours per year. The following information is available for planning purposes: Product A demand for next year ............. 21,000 units selling price per unit ........... $80 direct material cost per unit .... $24 direct labor cost per unit ........ $18 variable overhead cost per unit .. $22 Product B 28,000 units $120 $ 22 $ 50 $ 25 Product C 35,000 units $160...
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