Homework Answers
Direct Material (per/unit) $ 15
Direct Labour (per/unit) $ 4
variable manufacturing overhead (per/unit) $ 5
Fixed manufacturing overhead (per/unit) $ 14
variable selling and administrative expenses (per/unit) $ 4
Fixed Selling and administrative expenses (per/unit) $ 16
TOTAL COST (per/unit) = $ 58
Mark up Price on cost = 35%
Selling Price will be $58 X 135% = $ 78.30
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Brief Exercise 3-2 Mussatto Corporation produces snowboards. The following per unit cost information is available:...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available:...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $37, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $41, variable selling and administrative expenses $13, and fixed selling and administrative expenses $27. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage Click if you would like to Show Work for this question: Open...
Exercise 22-19 (Part Level Submission) Rap Corporation produces outdoor portable fireplace units. The following per unit...
Exercise 22-19 (Part Level Submission) Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $23, direct labor $29, variable manufacturing overhead $13, fixed manufacturing overhead $20. variable selling and administrative expenses $11, and fixed selling and administrative expenses $16. The company's ROI per unit is $24. (a) Your answer is correct. Compute Rap Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, 9. 10.50.) Absorption-cost pricing markup percentage SHOW...
BE21.2 (LO 2) Mussatto Corporation produces snowboards. The following per unit cost information is available: direct...
BE21.2 (LO 2) Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct labor $8, variable manufacturing overhead $6, fixed manufactur- ing overhead $14, variable selling and administrative expenses $4, and fixed selling and administrative expenses $12. Using a 30% markup percentage on total per unit cost, compute the target selling price. BE21.4 (LO 2) Morales Corporation produces microwave ovens. The following per unit cost informa- tion is available: direct materials $36, direct labor...
Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $35,...
Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $35, direct labor $24, variable manufacturing overhead $18, fed manufacturing overhead $52, variable selling and administrative expenses $13, and selling and administrative expenses $27. is desired ROI per unit is $20. Compute the marke percentage using variable cost pricing. (Round answer to decimal place 10.S .) Markup percentage 59 Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated...
ment NEXT Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information...
ment NEXT Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available direct materials $40, direct labor $27. variable manufacturing overhead $18, fixed manufacturing overhead 542, variable selling and administrative expenses $15, and are selling and administrative expenses $38. Its desired ROI per unit is $34.20. Compute its markup percentage using a total cost approach. (Round answer to 2 decimal places, e.g. 10.504.) Markup percentage Click If you would like to show Work for...
Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct...
Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $16, direct labor $22, variable manufacturing overhead $12, fixed manufacturing overhead $30, variable selling and administrative expenses $10, and fixed selling and administrative expenses $21. The company's ROI per unit is $9. x Your answer is incorrect. Try again. Compute Rap Corporation's markup percentage using absorption-cost pricing. Absorption-cost pricing markup percentage '92|| x Your answer is incorrect. Try again. Compute Rap Corporation's markup...
Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct...
Firefly Corporation produces outdoor portable fireplace units.
The following cost information per unit is available: direct
materials $22, direct labour $13, variable manufacturing overhead
$16, fixed manufacturing overhead $24, variable selling and
administrative expenses $9, and fixed selling and administrative
expenses $15. The company’s ROI per unit is $18.
Question 6 Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $22, direct labour $13, variable manufacturing overhead $16, fixed manufacturing overhead $24,...
Exercise 8-4 (Video) Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for...
Exercise 8-4 (Video) Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 33,900 units. Total Per Unit $19 $12 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $339,000 $6 $101,700 The company uses a 20% markup percentage on total cost. x Your answer is incorrect. Try again. Compute the total cost per unit. Total cost per unit 42...
Exercise 8-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The...
Exercise 8-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 544,000 units. Per Unit Total $6.87 $10.77 $15.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,318,400 $14.04 $1,626,560 The company has a desired ROI of 23%. It has invested assets of $27,351,000. Compute the total cost per unit. (Round answer...
Problem 21-02A Lovell Computer Parts Inc. is in the process of setting a selling price on...
Problem 21-02A Lovell Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 48,000 units. Total Per Unit $53 $30 $16 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $720,000 $14 $432,000 Lovell Computer Parts management...
Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $37, direct labor $24, variable manufacturing overhead $18, fixed manufacturing overhead $41, variable selling and administrative expenses $13, and fixed selling and administrative expenses $27. Its desired ROI per unit is $28.80. Compute its markup percentage using a total-cost approach. (Round answer to 2 decimal places, e.g. 10.50%.) Markup percentage Click if you would like to Show Work for this question: Open...
Exercise 22-19 (Part Level Submission) Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $23, direct labor $29, variable manufacturing overhead $13, fixed manufacturing overhead $20. variable selling and administrative expenses $11, and fixed selling and administrative expenses $16. The company's ROI per unit is $24. (a) Your answer is correct. Compute Rap Corporation's markup percentage using absorption-cost pricing. (Round answer to 2 decimal places, 9. 10.50.) Absorption-cost pricing markup percentage SHOW...
BE21.2 (LO 2) Mussatto Corporation produces snowboards. The following per unit cost information is available: direct materials $12, direct labor $8, variable manufacturing overhead $6, fixed manufactur- ing overhead $14, variable selling and administrative expenses $4, and fixed selling and administrative expenses $12. Using a 30% markup percentage on total per unit cost, compute the target selling price. BE21.4 (LO 2) Morales Corporation produces microwave ovens. The following per unit cost informa- tion is available: direct materials $36, direct labor...
Morales Corporation produces microwave ovens. The following per unit cost information is available: direct materials $35, direct labor $24, variable manufacturing overhead $18, fed manufacturing overhead $52, variable selling and administrative expenses $13, and selling and administrative expenses $27. is desired ROI per unit is $20. Compute the marke percentage using variable cost pricing. (Round answer to decimal place 10.S .) Markup percentage 59 Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated...
ment NEXT Brief Exercise 8-4 Morales Corporation produces microwave ovens. The following per unit cost information is available direct materials $40, direct labor $27. variable manufacturing overhead $18, fixed manufacturing overhead 542, variable selling and administrative expenses $15, and are selling and administrative expenses $38. Its desired ROI per unit is $34.20. Compute its markup percentage using a total cost approach. (Round answer to 2 decimal places, e.g. 10.504.) Markup percentage Click If you would like to show Work for...
Rap Corporation produces outdoor portable fireplace units. The following per unit cost information is available: direct materials $16, direct labor $22, variable manufacturing overhead $12, fixed manufacturing overhead $30, variable selling and administrative expenses $10, and fixed selling and administrative expenses $21. The company's ROI per unit is $9. x Your answer is incorrect. Try again. Compute Rap Corporation's markup percentage using absorption-cost pricing. Absorption-cost pricing markup percentage '92|| x Your answer is incorrect. Try again. Compute Rap Corporation's markup...
Firefly Corporation produces outdoor portable fireplace units.
The following cost information per unit is available: direct
materials $22, direct labour $13, variable manufacturing overhead
$16, fixed manufacturing overhead $24, variable selling and
administrative expenses $9, and fixed selling and administrative
expenses $15. The company’s ROI per unit is $18.
Question 6 Firefly Corporation produces outdoor portable fireplace units. The following cost information per unit is available: direct materials $22, direct labour $13, variable manufacturing overhead $16, fixed manufacturing overhead $24,...
Exercise 8-4 (Video) Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's anticipated annual volume of 33,900 units. Total Per Unit $19 $12 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $339,000 $6 $101,700 The company uses a 20% markup percentage on total cost. x Your answer is incorrect. Try again. Compute the total cost per unit. Total cost per unit 42...
Exercise 8-5 Schopp Corporation makes a mechanical stuffed alligator that sings the Martian national anthem. The following information is available for Schopp Corporation's anticipated annual volume of 544,000 units. Per Unit Total $6.87 $10.77 $15.00 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $3,318,400 $14.04 $1,626,560 The company has a desired ROI of 23%. It has invested assets of $27,351,000. Compute the total cost per unit. (Round answer...
Problem 21-02A Lovell Computer Parts Inc. is in the process of setting a selling price on a new component it has just designed and developed. The following cost estimates for this new component have been provided by the accounting department for a budgeted volume of 48,000 units. Total Per Unit $53 $30 $16 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Variable selling and administrative expenses Fixed selling and administrative expenses $720,000 $14 $432,000 Lovell Computer Parts management...
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