1 | ||||
Total Variable and avoidable fixed cost | ||||
Cost of Materials | 303600 | |||
Labor | 303600 | |||
Depreciation | 0 | (Unavoidable cost) | ||
Salary of Supervisor | 83000 | |||
Rental cost of equipment | 11000 | |||
Allocated Cost | 0 | (Unavoidable cost) | ||
Total cost | 701200 | |||
Cost per unit | 53.12 | |||
Maximum price franklin will be willing to pay is 52.12 | ||||
2 | ||||
@17900 Units Production | ||||
Cost of Materials | 411700 | |||
Labor | 411700 | |||
Depreciation | 0 | |||
Salary of Supervisor | 83000 | |||
Rental cost of equipment | 11000 | |||
Allocated Cost | 0 | |||
Total cost | 917400 | |||
Cost per unit | 51.25 | |||
Maximum price franklin will be willing to pay is 51.25 | ||||
Chapter 13 Homework 6 Help Save & Exit Check Franklin Company makes and sells lawn mowers...
Franklin Company makes and sells lawn mowers for which it currently makes the engines. It has an opportunity to purchase the engines from a reliable manufacturer. The annual costs of making the engines are shown here. Cost of materials (14,900 Units X $28) Labor (14,900 Units X $26) Depreciation on manufacturing equipment Salary of supervisor of engine production Rental cost of equipment used to make engines Allocated portion of corporate-level facility-sustaining costa Total cost to make 14,900 angines $ 417,200...
Baird Company makes and sells lawn mowers for which it currently makes the engines. It has an opportunity to purchase the engines from a reliable manufacturer. The annual costs of making the engines are shown here. Cost of materials (13,400 Units X $15) Labor (13,400 Units X $15) Depreciation on manufacturing equipment* Salary of supervisor of engine production Rental cost of equipment used to make engines Allocated portion of corporate-level facility-sustaining costs Total cost to make 13,400 engines $ 201,000...
Levesque Company makes and sells lawn mowers for which it currently makes the engines. It has an opportunity to purchase the engines from a reliable manufacturer. The annual costs of making the engines are shown here. Cost of materials (20,000 Units x $26) Labor (20,000 Units X $20) Depreciation on manufacturing equipment* Salary of supervisor of engine production Rental cost of equipment used to make engines Allocated portion of corporate-level facility-sustaining costs Total cost to make 20,000 engines $ 520,000...
Check my workCheck My Work button is now enabled3 Item 6 Item 6 10 points Franklin Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an inexpensive calculator. The company’s chief accountant recently prepared the following income statement showing annual revenues and expenses associated with the segment’s operating activities. The relevant range for the production and sale of the calculators is between 35,000 and 71,000 units per year. Revenue (39,000 units × $11.00) $...
Chapter 4 Homework Saved Help Save & Exit Submit Check my work Part 1 of 2 Required information Exercise 4-8 Computing ABC Product Costs (L04-2, LO4-3) The following information applies to the questions displayed below.] Performance Products Corporation makes two products, titanium Rims and Posts. Data regarding the two products follow: points Skipped Direct Labor-Hours per unit 0.60 0.60 Annual Production 26,000 units 84,000 units Rims Posts eBook Additional information about the company follows: References a. Rims require $17 in...
Saved Submit r 13 Help Save & Exit Polaski Company manufactures and sells a single product called a Ret. Operating at capacity, the company can produce and sell 46,000 Rets per year. Costs associated with this level of production and sales are given below: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling expense Fixed selling expense Total cost Unit $ 20 10 3 9 2 6 $ 50 Total $ 920,000 460,000 138,000 414,000 92,000 276,000...
Homework: Chapter 8 Homework Save Score: 0 of 1 pt 5 of 7 (6 complete) HW Score: 80%, 8 of 10 pts X E8-28A (similar to) s Question Help GlobalSystems manufactures an optical switch that it uses in its final product. GlobalSystems incurred the following manufacturing costs when it produced 74,000 units last year: (Click the icon to view the manufacturing costs.) GlobalSystems does not yet know how many switches it will need this year; however, another company has offered...
requirmemt 3 Save omework: Chapter 08 Graded Homework core: 5.57 of 6 pts 4 of 5 (5 complete) E8-28A (similar to) HW Score: 94.97%, 28.49 of 30 pts Question Help GlobalSystems manufactures an optical switch that it uses in its final product. Global Systems incurred the following manufacturing costs when it produced 68.000 units last year: 318 (Click the icon to view the manufacturing costs.) GlobalSystems does not yet know how many ruches it will need this year, however, another...
Exercise 12-6 Managing a Constrained Resource (LO12-6] Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials. The demand for the company's products far exceeds its manufacturing capacity. The bottleneck (or constraint) in the production process is upholstery labor-hours. Information concerning three of Portsmouth's upholstered chairs appears below: Selling price per unit Variable cost per unit Upholstery labor-hours per unit $ $ Recliner 1,330 700 9 hours $ $ Sofa Love Seat 2,819 $ 1.558 1,350 $ 1,158...
NEED HELP WITH ALL PARTS PLS Vernon Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an Inexpensive calculator. The company's chief accountant recently prepared the following Income statement showing annual revenues and expenses associated with the segment's operating activities. The relevant range for the production and sale of the calculators is between 33,000 and 71,000 units per year. $423,00 Revenue (47,eee units x $9) Unit-level variable costs Materials cost (47,080 x $2) Labor...