How to solve this problem? Chapter 4 Quiz - ECON-2302 28 x* CengageNOWv2 | Online teachir xC My folderStatistics Chapter 2 FlashcardsUpdaten/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress-falseeBookTotal variable costs $D. 11,000 units arc produced?Total variable costs $For E. and F., what is the total manufacturing overhead costs incurred if...E. 19,000 units are produced?Total manufacturing overhead costs $F. 24,000 units are produced?Total manufacturing overhead costs $For G. and H., what are the per unit manufacturing overhead costs incurred if...If required, round final answer to two decimal places.G. 19,000 units arc produced?Manufacturing overhead costs per unit SH. 25,000 units are produced?Manufacturing overhead costs per unit $Feedback(PreviousNextCheck My WorkEmail InestructorSave and ExitSubmit Assignment for GradingAll work saved.4:26 PM1/25/2022BANG & OLhodeletehomeendpg upDDIdo%24&num5.7.89.backspace*%3D4.lockT.8.home4.enterprt sct shiftBM.end ter 4 Quiz ECON-2302 28 X* CengageNGtakeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseeBookRose Company has a relevant range of production between 10,000 and 25,000 units. The following cost data represents average cost per unit for 15,000 units of production.Average Costper UnitDirect Materials$12Direct LaborIndirect MaterialsFixed manufacturing overhead3Variable manufacturing overhead8Fixed selling and administrative expensesVariable sales commissions25Using the cost data trom Rose Company, answer the tollowing questions:For A. and B., what is the variable manufacturing/production costs per unit if..A. 10,000 units are produced?Variable cost per unit $B. 17,000 units are produced, what is the vanable cost per unit?Variable cost per unit $For C. and D., what is the total manufacturing/production costs per unit if..C. 22,000 units are produced?Total variable costs $PreviousNextCheck My WarkAll work savedEmail InstructorSave and ExitSubmit Assignment for Grading425 PM令1/25/2022BANG &deletehome8.numlockbackspaceRT.homeKenterprt sc↑ shiftendalt

Variable Manufacturing Cost per unit = Direct material cost p.u. + Direct labour cost p.u. +…

Average Cost per Unit Direct Materials $12 Direct Labor 9. Indirect Materials 2 Fixed manufacturing overhead 4 Variable manufacturing overhead Fixed selling and administrative expenses Variable sales commissions 25 Using the cost data trom Rose Company, answer the tollowing questions: For A. and D., what is the variable manufacturing/production costs per unit if... A. 10,000 units are produced? Variable cost per unit $ H. 17,000 units are produced, what is the vanable cost per unit? Variable cost per unit $ For C. and D., what is the total manufacturing/production costs per unit if... C. 22,000 units are produced? Total variable costs

Average Cost per Unit Direct Materials $12 Direct Labor 9. Indirect Materials 2 Fixed manufacturing overhead 4 Variable manufacturing overhead Fixed selling and administrative expenses Variable sales commissions 25 Using the cost data trom Rose Company, answer the tollowing questions: For A. and D., what is the variable manufacturing/production costs per unit if... A. 10,000 units are produced? Variable cost per unit $ H. 17,000 units are produced, what is the vanable cost per unit? Variable cost per unit $ For C. and D., what is the total manufacturing/production costs per unit if... C. 22,000 units are produced? Total variable costs

Financial & Managerial Accounting

14th Edition

ISBN:9781337119207

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter18: Activity-Based Costing

Section: Chapter Questions

Problem 3ADM: Production run size and activity improvement Littlejohn, Inc. manufactures machined parts for the...

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Variable costing income statement and contribution margin analysis for a service company The actual and planned data for Underwater University for the Fall term were as follows: Actual Planned Enrollment 4,500 4,125 Tuition per credit hour 120 135 Credit hours 60,450 43,200 Registration, records, and marketing cost per enrolled student 275 275 Instructional costs per credit hour 64 60 Depreciation on classrooms and equipment 825,600 825,600 Registration, records, and marketing costs vary by the number of enrolled .students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost. A. Prepare a variable costing income statement showing the contribution margin and income from operations for the Fall term. B. Prepare a contribution margin analysis report comparing planned with actual performance for the Fall term.
Production run size and activity improvement Littlejohn, Inc. manufactures machined parts for the automotive industry. The activity cost associated with Part XX-10 is as follows: Activity Activity-Base Usage Activity Rate = Activity Cost Fabrication 250 dlh 80per dlh 20,000 Setup 10 setups 80 per setup 800 Production control 10 prod, runs 30 per prod, run 300 Moving 10 moves 25 per move 250 Total activity cost per unit 21,350 Estimated units of production 500 Activity cost per unit 42.70 Each unit requires 30 minutes of fabrication direct labor. Moreover, part XX-10 is manufactured in production run sizes of 50 units. Each production run is set up, scheduled (production control), and moved as a batch of 50 units. Management is considering improvements in the setup, production control, and moving activities in order to cut the production run sizes by half. As a result, the number of setups, production runs, and mows will double from 10 to 20. Such improvements are expected to speed the companys ability to respond to customer orders. Setup is reengineered so that it takes 60% of the original cost per setup. Production control software will allow production control effort and cost per production run to decline by 60%. Moving distance was reduced by 40%, thus reducing the cost per mow by the same amount. A. Determine the revised activity cost per unit under the proposed changes. B. Did these improvements reduce the activity cost per unit? C. What cost per unit for setup would be required for the solution in (A) to equal the base solution?
Required information The Foundational 15 (Static) [LO9-1, LO9-2, LO9-4, LO9-5, LO9-6] Skip to question [The following information applies to the questions displayed below.] Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows: Direct material: 5 pounds at $8.00 per pound $ 40.00 Direct labor: 2 hours at $14 per hour 28.00 Variable overhead: 2 hours at $5 per hour 10.00 Total standard variable cost per unit $ 78.00 The company also established the following cost formulas for its selling expenses: Fixed Cost per Month Variable Cost per Unit Sold Advertising $ 200,000 Sales salaries and commissions $ 100,000 $ 12.00 Shipping expenses $ 3.00 The planning budget for March was based on producing and selling 25,000 units. However, during March the company actually produced and sold 30,000 units and incurred the following…
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] Skip to question [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials $ 6.90 Direct labor $ 4.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.90 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Foundational 1-15 (Algo) 15. What incremental manufacturing cost will Martinez incur if it increases production from 10,000 to 10,001 units? (Round your answer to 2 decimal places.)
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] Skip to question [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials $ 6.90 Direct labor $ 4.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.90 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Foundational 1-14 (Algo) 14. If 11,000 units are produced, what are the total amounts of direct and indirect manufacturing costs incurred to support this level of production? (Do not round intermediate calculations.)
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] Skip to question [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials $ 6.90 Direct labor $ 4.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.90 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Foundational 1-12 (Algo) 12. If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.)
The Foundational 15 (Algo) [LO1-1, LO1-2, LO1-3, LO1-4, LO1-5, LO1-6] Skip to question [The following information applies to the questions displayed below.] Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Average Cost Per Unit Direct materials $ 6.90 Direct labor $ 4.40 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 3.90 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Foundational 1-13 (Algo) 13. If the selling price is $22.90 per unit, what is the contribution margin per unit? (Do not round intermediate calculations. Round your answer to 2 decimal places.)
Required information The Foundational 15 (Static) [LO7-1, LO7-2, LO7-3, LO7-4, LO7-5] Skip to question [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $80 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 40,000 units and sold 35,000 units. Variable costs per unit: Manufacturing: Direct materials $ 24 Direct labor $ 14 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $ 800,000 Fixed selling and administrative expense $ 496,000 The company sold 25,000 units in the East region and 10,000 units in the West region. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $150,000 is traceable to the East region, and the remaining $96,000 is a…
Required information The Foundational 15 (Static) [LO7-1, LO7-2, LO7-3, LO7-4, LO7-5] Skip to question [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $80 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 40,000 units and sold 35,000 units. Variable costs per unit: Manufacturing: Direct materials $ 24 Direct labor $ 14 Variable manufacturing overhead $ 2 Variable selling and administrative $ 4 Fixed costs per year: Fixed manufacturing overhead $ 800,000 Fixed selling and administrative expense $ 496,000 The company sold 25,000 units in the East region and 10,000 units in the West region. It determined that $250,000 of its fixed selling and administrative expense is traceable to the West region, $150,000 is traceable to the East region, and the remaining $96,000 is a…
Required information The Foundational 15 (Algo) [LO6-1, LO6-2, LO6-3, LO6-4, LO6-5] Skip to question [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $78 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 60,000 units and sold 57,000 units. Variable costs per unit: Manufacturing: Direct materials $ 28 Direct labor $ 12 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,260,000 Fixed selling and administrative expense $ 654,000 The company sold 42,000 units in the East region and 15,000 units in the West region. It determined that $340,000 of its fixed selling and administrative expense is traceable to the West region, $290,000 is traceable to the East region, and the…
Required information The Foundational 15 (Algo) [LO6-1, LO6-2, LO6-3, LO6-4, LO6-5] Skip to question [The following information applies to the questions displayed below.] Diego Company manufactures one product that is sold for $78 per unit in two geographic regions—the East and West regions. The following information pertains to the company’s first year of operations in which it produced 60,000 units and sold 57,000 units. Variable costs per unit: Manufacturing: Direct materials $ 28 Direct labor $ 12 Variable manufacturing overhead $ 2 Variable selling and administrative $ 3 Fixed costs per year: Fixed manufacturing overhead $ 1,260,000 Fixed selling and administrative expense $ 654,000 The company sold 42,000 units in the East region and 15,000 units in the West region. It determined that $340,000 of its fixed selling and administrative expense is traceable to the West region, $290,000 is traceable to the East region, and the…
Hi , I need answers for questions E-H. Thank you so much for your time. EB5. 2.2 Baxter Company has a relevant range of production between 15,000 and 30,000 units. The following cost data represents average variable costs per unit for 25,000 units of production. Using the costs data from Rose Company, answer the following questions: Average Cost per Unit DM 10 DL 9 Indirect Materials 3 Fixed MOH 6 Variable MOH 2 Fixed S&A Expense 8 Variable Sales Commission 14 A. If 15,000 units are produced, what is the variable cost per unit? 38 B. If 28,000 units are produced, what is the variable cost per unit? 38 C. If 21,000 units are produced, what are the total variable costs? $798,000 D. If 29,000 units are produced, what are the total variable costs? $1,102,000 E. If 17,000 units are produced, what are the total manufacturing overhead costs incurred? F. If 23,000 units are produced, what are the…