Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year. Units produced this year 33,000 units Units sold this year 19,800 units Direct materials $ 17 per unit Direct labor $ 19 per unit Variable overhead $ 3 per unit Fixed overhead $ 165,000 in total Given Advanced Company's data, compute cost...
Optima Company is a high-technology organization that produces a mass-storage system. The design of Optima's system is unique and represents a breakthrough in the industry. The units Optima produces combine positive features of both compact and hard disks. The company is completing its fifth year of operations and is preparing to build its master budget for the coming year (20X1)....
Optima Company is a high-technology organisation that produces a mass-storage system. The design of Optima's system is unique and represents a breakthrough in the industry. The units Optima produces combine positive features of both compact and hard disks. The company is completing its fifth year of operations and is preparing to build its master budget for the coming year (2017)....
ignore the answer i put Benson Corporation reported the following costs for the period: Materials used to manufacture product $120,000 Wages for assembly line workers $62,800 Property taxes for factory $14,000 Rent & utilities for administrative office $16,000 Salary for factory manager $8,400 CEO's salary $12,000 Depreciation on delivery equipment $11,200 What is the total amount of Benson's product costs...
Troy Engines, Ltd., manufactures a variety of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors. An outside supplier has offered to sell one type of carburetor to Troy Engines, Ltd., for a cost of $35 per unit. To evaluate this offer, Troy Engines, Ltd.,...
can someone please help me fill these in? all highlighted must be filled in Cherokee Inc. is a merchandiser that provided the following information: Amount 14,000 16 $ Number of units sold Selling price per unit Variable selling expense per unit Variable administrative expense per unit Total fixed selling expense Total fixed administrative expense Beginning merchandise inventory Ending merchandise inventory...
Pipe Corp. reported unit costs for one of its products, PV22, as follows: $ 105 30 22 08 Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions (2% of sales) Distribution cost Administrative salaries Total $ 241 The inventoriable costs per unit for product PV22 is: O $ 205 O $ 241 O $ 135 O...
The following selected accounts and their current balances appear in the ledger of Clairemont Co. for the fiscal year ended May 31, 2019: Cash $ 245,100 Accounts Receivable 971,100 Merchandise Inventory 1,786,300 Estimated Returns Inventory 22,500 Office Supplies 15,200 Prepaid Insurance 3,400 Office Equipment 836,100 Accumulated Depreciation-Office Equipment 559,400 Store Equipment 3,598,200 Accumulated Depreciation-Store Equipment 1,827,700 Accounts Payable 362,600 Customer...
2.00 points Outback Outfitters sells recreational equipment One of the associated with the stove total $135,300 per month company's products, a smilil camp stove, selis for $110 per unit. Varisable expenses are $77 per stove, and fxed expenses Required 1 Compute the company's break-even point in unit sales and in dolar sales Number of stoves Total sales dolars 2 년...
1.) 2.) 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 constriant) in the production process is upholstery labor-hours. Information concerning three of Portsmouth's upholstered chairs appears below Reclinerll SotaLove Seat/ Selling price per unit Variable cost per unit Upholstery labor-hours per unit...