A
upstream | ||
1 | Research & Development | 124700000/443000 = 281.5 per unit |
2 | manufacturing cost | $78 per unit |
total per unit | $359.5 | |
down stream |
1 | packing,shipping and sales commission | $16 |
downstream Total | $374.5 | |
B
Cost of goods sold | 395000*78=30810000 |
ending inventory | 443000-395000=48000*78=3744000 |
C
selling price=83.45
cost of goods sold =30810000=sales*100/100+20
sales=3697200000/100=36972000
selling price= 36972000/443000=83.45
D
SALES | 36972000 |
less Cost of goods sold | 30810000 |
Gross profit | 6162000 |
less operating expenses | 16*395000=6320000 |
net loss | 158000 |
1 During 2017, Solomon Manufacturing Company incurred $124,700,000 of research and development (R...
Check During year 1. Rooney Manufacturing Company incurred $8,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1 Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $45 per unit. Packaging, shipping, and sales commissions are expected to be $8 per unit. Rooney expects to sell 2,000,000 batteries before new research renders the battery...
During 2017, Campbell Manufacturing Company incurred $62,400,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $62 per unit. Packaging, shipping, and sales commissions are expected to be $9 per unit. Campbell expects to sell 1,300,000 batteries before new research renders the battery design technologically obsolete....
During 2017, Campbell Manufacturing Company incurred $62,400,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $62 per unit. Packaging, shipping, and sales commissions are expected to be $9 per unit. Campbell expects to sell 1,300,000 batteries before new research renders the battery design technologically obsolete....
During 2017, Rooney Manufacturing Company incurred $94,500,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $44 per unit. Packaging, shipping, and sales commissions are expected to be $13 per unit. Rooney expects to sell 2,100,000 batteries before new research renders the battery design technologically obsolete....
Exercise 1-10A Identifying upstream and downstream costs LO 1-4 During 2017, Rooney Manufacturing Company incurred $118,800,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in 2017. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $74 per unit. Packaging, shipping, and sales commissions are expected to be $11 per unit. Rooney expects to sell 2,700,000 batteries...
During year 1, Adams Manufacturing Company incurred $120,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $66 per unit. Packaging, shipping, and sales commissions are expected to be $18 per unit. Adams expects to sell 2,500,000 batteries before new research renders the battery design...
During year 1, Benson Manufacturing Company incurred $51,600,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $44 per unit. Packaging, shipping, and sales commissions are expected to be $11 per unit. Benson expects to sell 1200,000 batteries before new research renders the battery design...
Exercise 1-10A (Algo) Identifying upstream and downstream costs LO 1-4 During year 1, Benson Manufacturing Company incurred $98,400,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1. Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $44 per unit. Packaging, shipping, and sales commissions are expected to be $20 per unit. Benson expects to...
cost of good is also not 21200,000
During year 1, Rooney Manufacturing Company incurred $8,000,000 of research and development (R&D) costs to create a long-life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $45 per unit. Packaging, shipping, and sales commissions are expected to be $8 per unit. Rooney expects to sell 2,000,000 batteries before...
Exercise 1-10A (Algo) Identifying upstream and downstream costs LO 1-4 During year 1, Jordan Manufacturing Company incurred $132,000,000 of research and development (R&D) costs to create a long life battery to use in computers. In accordance with FASB standards, the entire R&D cost was recognized as an expense in year 1 Manufacturing costs (direct materials, direct labor, and overhead) are expected to be $68 per unit. Packaging, shipping, and sales commissions are expected to be $14 per unit. Jordan expects...