Screenshot 2024-01-31 at 12
.png
keyboard_arrow_up
School
Rutgers University *
*We aren’t endorsed by this school
Course
ACC
Subject
Accounting
Date
Feb 20, 2024
Type
png
Pages
1
Uploaded by DrMusic5041
c. If Delph establishes bid prices that are 150% of total manufacturing costs, what Video player puld it have established for Job D-70 and Job C-200? Job D-70: Bid Price = Total manufacturing * 150% = $1,640,000 * 150% = $2.460.,000 Job €-200 Bid Price = Total manufacturing * 150% = $1,370,000 * 150% = $2,055,000 d. What is Delph’s cost of goods sold for the year? Total Cost of Goods Sold = D-70 total manufacturing cost + C-200 total manufacturing cost = 51,460,000 + $1,550,000 = §3,010,000 I N ra (Ctrl)
Discover more documents: Sign up today!
Unlock a world of knowledge! Explore tailored content for a richer learning experience. Here's what you'll get:
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
ageNOWv2 | Online teachin X +
m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A
F
Variable costs as a percentage of sales for Lemon Inc. are 72%, current sales are $610,000. and fixed costs are $191,000. How much will
income from operations change if sales increase by $48,900?
Oa. $13,692 decrease
Ob. $13,692 increase
Oc. $35,208 decrease.
Od. $35,208 increase
D
Q
10+
arrow_forward
A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows:
Cost
$50,000
$40,000
$70,000
Machine
A
BU
C
Product forecasts and processing times on the machines are as follows:
Annual
Product Demand
1
2
3
4
27,000
13,000
28,000
29,000
PROCCESSING TIME PER
UNIT (minutes)
AL63 m
А
1
3
BL323
1
Click here for the Exool Doto Filo
CH3N6
с
1
2
arrow_forward
Vinubhai
arrow_forward
akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false
Up
eBook
Show Me How
Print Item
High-Low Method
Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of
production are as follows:
Units Produced
Total Costs
80,000
$25,100,000
92,000
27,206,000
120,000
32,120,000
a. Determine the variable cost per unit and the total fixed cost.
Variable cost (Round to two decimal places.)
%24
per unit
Total fixed cost
b. Based on part (a), estimate the total cost for 115,000 units of production.
Total cost for 115,000 units
Check My Work 4 more Check My Work uses remaining.
Previous
Next
arrow_forward
Please do not give solution in image format ?.
arrow_forward
Please do not give solution in image format thanku
arrow_forward
The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows:
ProcurementCost ($)
Probability
LaborCost ($)
Probability
TransportationCost ($)
Probability
10
0.2
18
0.25
2
0.74
12
0.35
20
0.35
5
0.26
13
0.45
22
0.1
25
0.3
Compute profit per unit for the base-case, worst-case, and best-case scenarios.Profit per unit for the base-case: $ fill in the blank 1Profit per unit for the worst-case: $ fill in the blank 2Profit per unit for the best-case: $ fill in the blank 3
Construct a simulation model to estimate the mean profit per unit. If required, round your answer to the nearest cent.Mean profit per unit = $ fill in the blank 4
Why is the simulation approach to risk analysis preferable to generating a variety of…
arrow_forward
Calculate the profitability of the following proposal using Average rate return (ARR) methodProposal IAutomatic machine Cost OMR 320000Estimated life4.5 yearsEstimated sales P.A 220000Cost : Material OMR 60000 Labour OMR 22000 Variable overheads OMR14000
a.16.53%
b.3.19%
c.4.62%
d.All the options are wrong
arrow_forward
A manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows
Machine
Cost
$50,00e
$40,000
$70,000
A.
Product forecasts and processing times on the machines are as follows:
PROCCESSING TIME PER
UNIT (minutes)
Annua)
Product Demand
12,000
21,000
11,000
25,000
A.
2.
1.
2.
2
2.
2.
a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to
meet demand, how many of each machine type would be needed, end the resulting total purchasing cost for each machine type. The
machines will operate 10 hours a day, 230 days a year. (Enter total processing times as whole numbers. Round up machine
quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quentities. Enter the
resulting total purchasing cost as a whole number.)
Total processing
time in minutes
per machine
B.
C.
Number of each machine needed and
total purchasing cost
A.…
arrow_forward
A.
engageNOWv2 | Online teachir X
+
com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssigni
tSessionLocator=&inprogress...
A
The Atlantic Company sells a product with a break-even point of 6,167 sales units. The variable cost is $110 per unit, and fixed costs are
$234,346. Determine the following:
$
a. Unit sales price
units
b. Break-even point in sales units if the company desires a target profit of $82,080
▬
arrow_forward
Choose the correct letter of answer
The company’s available number of hours to produce 15,000 units for products x and y are 500 hours only. For this situation, which mathematical model is appropriate to express such a constraint? *a. x + y ≥ 15,000b. x + y ≤ 15,000c. x + y ≤ 500d. x + y ≥ 500
arrow_forward
Han Products manufactures 30,000 units of part S-6 each year for use on its production
line. At this level of activity, the cost per unit for part S-6 is:
Direct materials
$ 5.10
Direct labor
7.00
Variable manufacturing
overhead
2.40
Fixed manufacturing
18.00
overhead
32.50
Total cost per part
An outside supplier has offered to sell 30,000 units of part S-6 each year to Han
Products for $46.50 per part. If Han Products accepts this offer, the facilities now being
used to manufacture part S-6 could be rented to another company at an annual rental of
$767,000. However, Han Products has determined that two-thirds of the fixed
manufacturing overhead being applied to part S-6 would continue even if part S-6 were
purchased from the outside supplier.
arrow_forward
1. COMPARING ALTERNATIVES-
YOU WERE EMPLOYED IN A BPO COMPANY AND YOUR COMPANY TASKED YOU TO BUY A NEW ROUTER
TO BOOST YOUR CONNECTIVITY WITH MANY NETWORKS SWITCH. THERE ARE FOUR AVAILABLE
PRODUCTS TO CHOOSE FROM WITH THE FF COST DATA.
COST DATA
Brand A
C
D
FIRST COST
24K
30K
49.6K
52K
LABOR/YR
MAINTENANCE/YR
TAXES/INSURANCE
11.6K
9.32K
4.2K
2K
2.8K
1.9K
1.3K
0.7K
3% of ist cost
3% of ist cost
3% of ist cost
3% of ist cost
POWER/YR
1.3K
1.36K
2.4K
2.020K
LIFE,YRS
5
a. IF THE COST OF MONEY IS 17%, CHOOSE THE BEST ALTERNATIVE THAT YOU WILL RECOMMEND
USING ANNUAL WORTH METHOD.
b. PRESENT YOUR ANSWER IN MATRIX FORM.
c. SHOW YOUR COMPUTATION ON DEPRECIATION USING SINKING FUND FORMULA.
2. IN CASE YOU PREFER A CERTAIN BRAND BUT IT DID NOT MEET THE ANNUAL COST CRITERIA, WHAT
ARE THE OPTIONS YOU WILL DO IN ORDER THAT THE PREFERRED BRAND WILL BE ACCEPTED BY TOP
MANAGEMENT? THE QUALITY OF BRAND A, B, C, & D ARE AT THE SAME LEVEL.
arrow_forward
Need help with this question solution general accounting
arrow_forward
The following graph shows the total costs of producing with machinery A and with machinery B, bothhave a different fixed cost and variable cost per part
Indicate the fixed and variable costs of eachoption and in what interval of production innumber of parts is suitable for a machine andother. explain
arrow_forward
help please answer in text form with proper workings and explanation for each and every part and steps with concept and introduction no AI no copy paste remember answer must be in proper format with all working
arrow_forward
Jilrn/takeAssignment/takeAssignment Main.do?invoker=&takeAssignmentSession Locator=&inprogress=false
eBook
Show Me How
Contribution Margin Ratio
a. Young Company budgets sales of $1,280,000, fixed costs of $66,200, and variable costs of $294,400. What is the contribution margin ratio for Young Company?
%
b. If the contribution margin ratio for Martinez Company is 52%, sales were $682,000, and fixed costs were $262,430, what was the operating income?
Check My Work 2 more Check My Work uses remaining,
B
Previous
Next
arrow_forward
Q5: A. Company E constructs its own building and incurs the following costs:
| Direct Material
Direct Labor
Variable Factory Overhead
Fixed Factory Overhead
RO 50000
85000
20000
10000
Required:
a. Determine the cost of this building
b. If an outside construction company has constructed this building, the price would
have been RO 155000. Would your answer to part (a) now change? If yes, what
would your new answer be?
arrow_forward
Calculate the profitability of the following proposal using Average rate of return (ARR) methodProposal I Automatic machine Cost OMR 420000Estimated life 6.5 yearsEstimated sales P.A OMR 175000Cost : Material OMR 60000Labour OMR 22000Variable overheads OMR 14000
a.
16.53%
b.
All the options are wrong
c.
3.42%
d.
4.62%
arrow_forward
ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%
merica AS...
rk i
Required information
Use the following information for the Problems below. (Algo)
[The following information applies to the questions displayed below.]
Trini Company set the following standard costs per unit for its single product
Direct materials (30 pounds @ $5.00 per pound)
$ 150.00
98.00
Direct labor (7 hours @ $14 per hour)
Variable overhead (7 hours @ $7 per hour)
Fixed overhead (7 hours @ $9 per hour)
Standard cost per unit
Production (in units)
Standard direct labor hours (7 DLH per unit)
Budgeted overhead (flexible budget)
Fixed overhead
Variable overhead
Overhead is applied using direct labor hours. The standard overhead rate is based on a predicted activity level of 80% of
the company's capacity of 51,000 units per quarter. The following additional information is available.
49.00
63.00
$360.00
70%
35,700
249,900
Direct materials (1,377,000 pounds @ $5.00 per pound)…
arrow_forward
Find the missing information
Output Fixed Variable Total
Costs Costs
Cost
of
(units)
Costs per
unit
stion
Company
4000
50000
70000
?
?
A
Select one:
O a. Total cost 120000 cost per unit 15.5
O b. otal cost 120000 cost per unit 30
O c. Total cost 74000 cost per unit 18.5
O d. Total cost 54000 cost per unit 13.5
arrow_forward
Urmilaben
Don't upload image please
arrow_forward
Alpha Company’s Manager is considering selling price for product C.The company is using Absortion Costing in determining the total cost for each product.From the financial perspective, the company is planned to operate with cost:Production Expence Rp 3.000.000.000Administration Expense 200.000.000Marketing Expense 300.000.000The predicted total asset in the beginning year is Rp 4.000.000.000, and the return ofinvestment (ROI) is 25%Determine the mark up percentage for product C in Alpha Company using Cost-PlusPricing Method and Absortion Costing!
From the results of the mark up percentage for product C in question above, determinethe selling price per kg using the Cost-Plus Pricing method based on the AbsortionCosting Approach and the company's normal capacity for product C of 1,000,000 kg!
arrow_forward
X CORP SAVED $71,400 WHEN OUTSOURCING 11,800 UNITS.
CORP SAVED $52,700'WHEN OUTSOURCING 12,900 UNITS.
ASSUME THE OUTSIDE VC/UNIT = $49. WHAT IS THE INSIDE
%3D
VC/UNIT?
INSIDE VC/UNIT:
arrow_forward
#3
Can you show me how to do this?
arrow_forward
46.)
Given the following information, choose the cost and activity that would be used as the high data point in high-low cost estimation:
Costs (P) Activity (hours)48 000 41 50049 000 42 00057 000 42 50056 000 43 00055 000 43 500Group of answer choices
P57 000 and 42 500 hours
P55 000 and 42 500 hours
P57 000 and 43 500 hoursP55 000 and 43 500 hours
P55 000 and 43 000 hours
P56 000 and 43 500 hours
arrow_forward
Can u answer questions d and e for me please
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON
Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education
Related Questions
- ageNOWv2 | Online teachin X + m/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprogress... A F Variable costs as a percentage of sales for Lemon Inc. are 72%, current sales are $610,000. and fixed costs are $191,000. How much will income from operations change if sales increase by $48,900? Oa. $13,692 decrease Ob. $13,692 increase Oc. $35,208 decrease. Od. $35,208 increase D Q 10+arrow_forwardA manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows: Cost $50,000 $40,000 $70,000 Machine A BU C Product forecasts and processing times on the machines are as follows: Annual Product Demand 1 2 3 4 27,000 13,000 28,000 29,000 PROCCESSING TIME PER UNIT (minutes) AL63 m А 1 3 BL323 1 Click here for the Exool Doto Filo CH3N6 с 1 2arrow_forwardVinubhaiarrow_forward
- akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Up eBook Show Me How Print Item High-Low Method Ziegler Inc. has decided to use the high-low method to estimate the total cost and the fixed and variable cost components of the total cost. The data for various levels of production are as follows: Units Produced Total Costs 80,000 $25,100,000 92,000 27,206,000 120,000 32,120,000 a. Determine the variable cost per unit and the total fixed cost. Variable cost (Round to two decimal places.) %24 per unit Total fixed cost b. Based on part (a), estimate the total cost for 115,000 units of production. Total cost for 115,000 units Check My Work 4 more Check My Work uses remaining. Previous Nextarrow_forwardPlease do not give solution in image format ?.arrow_forwardPlease do not give solution in image format thankuarrow_forward
- The management of Brinkley Corporation is interested in using simulation to estimate the profit per unit for a new product. The selling price for the product will be $45 per unit. Probability distributions for the purchase cost, the labor cost, and the transportation cost are estimated as follows: ProcurementCost ($) Probability LaborCost ($) Probability TransportationCost ($) Probability 10 0.2 18 0.25 2 0.74 12 0.35 20 0.35 5 0.26 13 0.45 22 0.1 25 0.3 Compute profit per unit for the base-case, worst-case, and best-case scenarios.Profit per unit for the base-case: $ fill in the blank 1Profit per unit for the worst-case: $ fill in the blank 2Profit per unit for the best-case: $ fill in the blank 3 Construct a simulation model to estimate the mean profit per unit. If required, round your answer to the nearest cent.Mean profit per unit = $ fill in the blank 4 Why is the simulation approach to risk analysis preferable to generating a variety of…arrow_forwardCalculate the profitability of the following proposal using Average rate return (ARR) methodProposal IAutomatic machine Cost OMR 320000Estimated life4.5 yearsEstimated sales P.A 220000Cost : Material OMR 60000 Labour OMR 22000 Variable overheads OMR14000 a.16.53% b.3.19% c.4.62% d.All the options are wrongarrow_forwardA manager must decide which type of machine to buy, A, B, or C. Machine costs (per individual machine) are as follows Machine Cost $50,00e $40,000 $70,000 A. Product forecasts and processing times on the machines are as follows: PROCCESSING TIME PER UNIT (minutes) Annua) Product Demand 12,000 21,000 11,000 25,000 A. 2. 1. 2. 2 2. 2. a. Assume that only purchasing costs are being considered. Compute the total processing time required for each machine type to meet demand, how many of each machine type would be needed, end the resulting total purchasing cost for each machine type. The machines will operate 10 hours a day, 230 days a year. (Enter total processing times as whole numbers. Round up machine quantities to the next higher whole number. Compute total purchasing costs using these rounded machine quentities. Enter the resulting total purchasing cost as a whole number.) Total processing time in minutes per machine B. C. Number of each machine needed and total purchasing cost A.…arrow_forward
- A. engageNOWv2 | Online teachir X + com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssigni tSessionLocator=&inprogress... A The Atlantic Company sells a product with a break-even point of 6,167 sales units. The variable cost is $110 per unit, and fixed costs are $234,346. Determine the following: $ a. Unit sales price units b. Break-even point in sales units if the company desires a target profit of $82,080 ▬arrow_forwardChoose the correct letter of answer The company’s available number of hours to produce 15,000 units for products x and y are 500 hours only. For this situation, which mathematical model is appropriate to express such a constraint? *a. x + y ≥ 15,000b. x + y ≤ 15,000c. x + y ≤ 500d. x + y ≥ 500arrow_forwardHan Products manufactures 30,000 units of part S-6 each year for use on its production line. At this level of activity, the cost per unit for part S-6 is: Direct materials $ 5.10 Direct labor 7.00 Variable manufacturing overhead 2.40 Fixed manufacturing 18.00 overhead 32.50 Total cost per part An outside supplier has offered to sell 30,000 units of part S-6 each year to Han Products for $46.50 per part. If Han Products accepts this offer, the facilities now being used to manufacture part S-6 could be rented to another company at an annual rental of $767,000. However, Han Products has determined that two-thirds of the fixed manufacturing overhead being applied to part S-6 would continue even if part S-6 were purchased from the outside supplier.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- AccountingAccountingISBN:9781337272094Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.Publisher:Cengage Learning,Accounting Information SystemsAccountingISBN:9781337619202Author:Hall, James A.Publisher:Cengage Learning,
- Horngren's Cost Accounting: A Managerial Emphasis...AccountingISBN:9780134475585Author:Srikant M. Datar, Madhav V. RajanPublisher:PEARSONIntermediate AccountingAccountingISBN:9781259722660Author:J. David Spiceland, Mark W. Nelson, Wayne M ThomasPublisher:McGraw-Hill EducationFinancial and Managerial AccountingAccountingISBN:9781259726705Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting PrinciplesPublisher:McGraw-Hill Education
Accounting
Accounting
ISBN:9781337272094
Author:WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:Cengage Learning,
Accounting Information Systems
Accounting
ISBN:9781337619202
Author:Hall, James A.
Publisher:Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis...
Accounting
ISBN:9780134475585
Author:Srikant M. Datar, Madhav V. Rajan
Publisher:PEARSON
Intermediate Accounting
Accounting
ISBN:9781259722660
Author:J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:McGraw-Hill Education
Financial and Managerial Accounting
Accounting
ISBN:9781259726705
Author:John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:McGraw-Hill Education