Shastri Bicycle of Bombay, India, produces an inexpensive, yet rugged, bicycle for use on the city’s crowded streets that it sells for 814 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 21,000 Units sold 19,000 Units in ending inventory 2,000 Variable costs per unit: Direct materials R 260 Direct labor R 350 Variable manufacturing overhead R 50 Variable selling and administrative R 24 Fixed costs: Fixed manufacturing overhead R 920,000 Fixed selling and administrative R 540,000
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Shastri Bicycle of Bombay, India, produces an inexpensive, yet
rugged, bicycle for use on the city’s...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 650 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow: Units in beginning inventory Units produced Units sold Units in ending inventory 13,000 11,600 1,400 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative R189 R164 R70 R44 R975,000 Fixed costs:...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 695 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company’s operations last year follow: Units in beginning inventory 0 Units produced 11,200 Units sold 9,100 Units in ending inventory 2,100 Variable costs per unit: Direct materials R 172 Direct labour R 194 Variable manufacturing overhead R 54 Variable selling and...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 695 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow: 11,200 9,100 2,100 172 194 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead...
Ida Sidha Karya Company is a family-owned company located on the island of Bali in Indonesia....
Ida Sidha Karya Company is a family-owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $861. Selected data for the company's operations last year follow: 11.ee 7.ee 4,000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs!...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $851. Selected data for the company's operations last year follow: 14.28 points 11,000 9,000 2,000 eBook Hint Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor...
Cool Sky reports the following costing data on its product for its first year of operations....
Cool Sky reports the following costing data on its product for its first year of operations. During this first year, the company produced 42,000 units and sold 34,000 units at a price of $110 per unit. Manufacturing costs Direct materials per unit $ 42 Direct labor per unit $ 16 Variable overhead per unit $ 5 Fixed overhead for the year $ 378,000 Selling and administrative costs Variable selling and administrative cost per unit $ 11 Fixed selling and...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $48. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 23,400 20,700 2,700 $ Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative vo ū= Total variable cost per unit Fixed costs: Fixed manufacturing overhead $ 79,000 Fixed selling and 114,000 administrative Total...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $37. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 22,000 20,000 2,000 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative 2 4. Total variable cost per unit $ 24 $ 82,500 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 117,500...
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's...
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative $385.000 $295,000 During the year, the company produced 35,000 units and sold 17,000 units. The selling price of the company's product is $58 per unit. Required: 1. Assume that the company uses absorption...
High Country, Inc., produces and sells many recreational products. The company has just opened a new...
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: 45,000 40,000 Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed (per month) Manufacturing costs: Direct materials cost per unit Direct labor cost per...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 650 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow: Units in beginning inventory Units produced Units sold Units in ending inventory 13,000 11,600 1,400 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative R189 R164 R70 R44 R975,000 Fixed costs:...
Bharat Bicycle, located in India, produces an inexpensive yet rugged bicycle for use on crowded city streets. The company sells the bicycle for 695 rupees. (Indian currency is denominated in rupees, denoted by R.) Selected data for the company's operations last year follow: 11,200 9,100 2,100 172 194 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative Fixed costs: Fixed manufacturing overhead...
Ida Sidha Karya Company is a family-owned company located on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $861. Selected data for the company's operations last year follow: 11.ee 7.ee 4,000 Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs!...
Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $851. Selected data for the company's operations last year follow: 14.28 points 11,000 9,000 2,000 eBook Hint Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $48. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 23,400 20,700 2,700 $ Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative vo ū= Total variable cost per unit Fixed costs: Fixed manufacturing overhead $ 79,000 Fixed selling and 114,000 administrative Total...
Waterloo Storage Products makes a four-drawer plastic storage cabinet on casters meant for use in garages and workshops. Each cabinet sells for $37. Data for last year's operations follow: Units in beginning inventory Units produced Units sold Units in ending inventory 22,000 20,000 2,000 Variable costs per unit: Direct materials Direct labour Variable manufacturing overhead Variable selling and administrative 2 4. Total variable cost per unit $ 24 $ 82,500 Fixed costs: Fixed manufacturing overhead Fixed selling and administrative 117,500...
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials Direct labor Variable manufacturing overhead Variable selling and administrative Fixed costs per year: Fixed manufacturing overhead Fixed selling and administrative $385.000 $295,000 During the year, the company produced 35,000 units and sold 17,000 units. The selling price of the company's product is $58 per unit. Required: 1. Assume that the company uses absorption...
High Country, Inc., produces and sells many recreational products. The company has just opened a new plant to produce a folding camp cot that will be marketed throughout the United States. The following cost and revenue data relate to May, the first month of the plant's operation: 45,000 40,000 Beginning inventory Units produced Units sold Selling price per unit Selling and administrative expenses: Variable per unit Fixed (per month) Manufacturing costs: Direct materials cost per unit Direct labor cost per...
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