1.Desired Profit | 85340 | |
b.Product cost per unit | 25.33898305 | |
c.Mark up % | 377.3913043 | % |
d. | ||
Cost | 25.33898305 | per unit |
Markup | 95.62711864 | |
Selling Price | 120.9661017 | per unit |
Large | Medium | Small | Total | |
Units Produced | 5,100 | 5,100 | 5,100 | |
Revenues | 1,295,400 | 2,019,600 | 591,600 | 3,906,600 |
Variable costs | 1,020,000 | 1,652,400 | 520,200 | 3,192,600 |
Contribution Margin | 275,400 | 367,200 | 71,400 | 714,000 |
Fixed costs | 321,000 | |||
Income From Operations | 393,000 | |||
Large | Medium | Small | ||
Contribution Margin | 54 | 72 | 14 | |
Autoclave Hours per unit | 4 | 6 | 2 | |
Unit contribution margin per bottleneck | 13.5 | 12 | 7 |
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,180...
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,180 handbags is as follows: Direct materials $14,400 Direct labor 8,300 Factory overhead 6,000 Total manufacturing cost $28,700 The selling and administrative expenses are $28,100. The management desires a profit equal to 14% of invested assets of $500,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,180 handbags b....
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,180 handbags is as follows: Direct materials $14,400 Direct labor 8,300 Factory overhead 6,000 Total manufacturing cost $28,700 The selling and administrative expenses are $28,100. The management desires a profit equal to 14% of invested assets of $500,000. If required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,180 handbags. 70,000...
Product Decisions Under Bottlenecked Operations Youngstown Glass Company manufactures three types of safety plate glass: large, medium, and small. All three products have high demand. Thus, Youngstown Glass is able to sell all the safety glass that it can make. The production process includes an autoclave operation, which is a pressurized heat treatment. The autoclave is a A condition that occurs when product demand exceeds production capacity.production bottleneck. Total fixed costs are $234,000 for the company as a whole. In...
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,240 handbags is as follows: Direct materials $14,600 7,400 Direct labor Factory overhead 5,700 Total manufacturing cost $27,700 The selling and administrative expenses are $27,500. The management desires a profit equal to 18% of invested assets of $496,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,240 handbags. ज...
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Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,300 handbags is as follows: Direct materials $15,900 Direct labor 8,200 Factory overhead 5,500 Total manufacturing cost $29,600 The selling and administrative expenses are $28,100. The management desires a profit equal to 17 % of invested assets of $503,000. If required, round your answers to nearest whole number a. Determine the amount of desired profit from the production and sale of 1,300 handbags....
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: Direct materials $15,700 Direct labor 8,100 Factory overhead 6,300 Total manufacturing cost $30,100 The selling and administrative expenses are $26,200. The management desires a profit equal to 17% of invested assets of $496,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,130 handbags. $...
Product Cost Method of Product Pricing La Femme Accessories Inc. produces women's handbags. The cost of producing 1,130 handbags is as follows: Direct materials $15,100 Direct labor 7,100 Factory overhead 6,400 Total manufacturing cost $28,600 The selling and administrative expenses are $27,900. The management desires a profit equal to 14% of invested assets of $503,000. If required, round your answers to nearest whole number. a. Determine the amount of desired profit from the production and sale of 1,130 handbags. $...