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Jupiter Corporation manufactures skateboards. Several weeks ago, the firm received a special-order inquiry from Venus, Inc. Venus desires to market a skateboard similar to one of Jupiter’s and has offered to purchase 11,000 units if the order can be completed in three months. The cost data for Jupiter’s model no. 43 skateboard follow.
Direct material | $ | 8.20 | |
Direct labor: 0.25 hours at $9.00 | 2.25 | ||
Total manufacturing overhead: | |||
0.5 hours at $20 | 10.00 | ||
Total | $ | 20.45 | |
Additional data:
Assume that Jupiter’s current production activity consumes 70 percent of planned machine-hour activity. Calculate the current available machine-hours.
|
Solution:
Current available machine hours = Planned machine hours * 30% = 60000*30% = 18000 machine hours
Required information [The following information applies to the questions displayed below.] Jupiter Corporation manufactures skateboards. Several...
Jupiter Corporation manufactures skateboards. Several weeks ago, the firm received a special-order inquiry from Venus, Inc. Venus desires to market a skateboard similar to one of Jupiter’s and has offered to purchase 11,000 units if the order can be completed in three months. The cost data for Jupiter’s model no. 43 skateboard follow. Direct material $ 8.20 Direct labor: 0.25 hours at $9.00 2.25 Total manufacturing overhead: 0.5 hours at $20 10.00 Total $ 20.45 Additional data: The normal selling...
Jupiter Corporation manufactures skateboards. inquiry from Venus, Inc. Venus desires to market a skateboard similar to one of Jupiter's and has offered to purchase 11,000 units if the order can be completed in three months. The cost data for Jupiter's model no. 43 skateboard follow Several weeks ago, the firm received a special-order Direct material Direct labor: .25 hour at $9.00 Total manufacturing overhead: $ 8.20 2.25 .5 hour at $20 Total.. 10.00 $20.45
Please show calculations.
Roll Board Inc. manufactures several models of high-quality skateboards. The company's ABC system has four activity cost pools, which are listed below along with their activity measures and activity rates: Activity Cost Pool Supporting direct labour Batch processing Order processing Customer service Activity Measure Number of direct labour-hours Number of batches Number of orders Number of customers Activity Rate $ 20 per direct labour-hour $ 92 per batch $ 178 per order $1,340 per customer The company...
Roll Board Inc. manufactures several models of high-quality skateboards. The company's ABC system has four activity cost pools, which are listed below along with their activity measures and activity rates: Activity Cost Pool Supporting direct labour Batch processing Order processing Activity Measure Activity Rate Number of direct labour-hours Number of batches 11 per direct labour-hour 89 per batch $ Number of orders 170 per order Customer service Number of Customers $1,290 per customer The company just completed a single order...
Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 28,000 5,000 direct labor-hours Machine-related $ 2,500 5,000 machine-hours Machine setups $ 34,300 700 setups Production orders $ 13,800 300 orders Product testing $ 12,000 600 tests Packaging $ 57,000 3,800 packages General factory $ 60,000 5,000 direct...
Required information [The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 18,400 $ 5,000 $ 46,809 $ 23,000 $ 27,200 $ 39,600 $ 51,600 Expected Activity 2,000 direct labor-hours 10,000 machine-hours 1,200 setups 500 orders 800 tests 3,600 packages 2,000 direct...
Required information (The following information applies to the questions displayed below.) Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 22,000 $ 10,000 $ 36,000 $ 29,400 $ 27,900 $ 68,400 $ 56,800 Expected Activity 1,000 direct labor-hours 8,000 machine-hours 800 setups 600 orders 900 tests 3,600 packages 1,000 direct...
Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Product testing Packaging General factory Estimated Overhead Cost $ 26,800 $ 4,500 $ 41,800 $ 17,000 $ 15,500 $ 51,000 $ 52,400 Expected Activity 5,000 direct labor-hours 9,000 machine-hours 1,100 setups 500 orders 500 tests 3,400 packages 5,000 direct...
Required information [The following information applies to the questions displayed below.] For many years, Thomson Company manufactured a single product called LEC 40. Then three years ago, the company automated a portion of its plant and at the same time introduced a second product called LEC 90 that has become increasingly popular. The LEC 90 is a more complex product, requiring 0.60 hours of direct labor time per unit to manufacture and extensive machining in the automated portion of the...
Required information [The following information applies to the questions displayed below.] For many years, Thomson Company manufactured a single product called LEC 40. Then three years ago, the company automated a portion of its plant and at the same time introduced a second product called LEC 90 that has become increasingly popular. The LEC 90 is a more complex product, requiring 0.60 hours of direct labor time per unit to manufacture and extensive machining in the automated portion of the...