If Sherry produces five pairs of earrings, her total costs are: Number of Earrings TVC MC AVC TFC TC AFC ATC 100 1 50 2 95 46.67 4 300 5 270 O $400 O $320 O $370 O $360
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Q: Imperial Jewelers manufactures and sells a gold bracelet for $407.00. The company’s accounting…
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- Xu Ltd currently produces and sells two types of pillows that are currently gaining market share. The two types of pillows are Latex and Feather. Below are the costs and sales details of the two types of pillows for 2019: Latex FeatherAnnual sales (in pairs) 12,000 8,000 Selling price £30 £30Variable costs per pair:Materials £12 £12 Labour-machining(£8/hr) £2 £2 -assembly(£7) £2.50 £2.50 -packing (£6/hr) £0.30 £0.30Variable overhead £0.20 £0.20 Annual total fixed costs are currently…Xu Ltd currently produces and sells two types of pillows that are currently gaining marketshare. The two types of pillows are Latex and Feather. Below are the costs and salesdetails of the two types of pillows for 2019: Latex FeatherAnnual sales (in pairs) 12,000 8,000Selling price £30 £30Variable costs per pair:Materials £12 £12Labour-machining (£8/hr) £2 £2 -assembly (£7/hr) £2.50 £2.50 -packing (£6/hr) £0.30 £0.30Variable overheads £0.20 £0.20Annual total fixed costs are currently £150,000.For 2020 financial year, Xu Ltd intends to keep Latex pillows as it is but plans to improveFeather by using high quality materials. As a result, company has negotiated withanother supplier and the new material cost for Feather pillows is expected to be £17 apair, with the new selling price of £45 per pair.Also, Feather pillow’s Labour cost for machining will increase to £4.Also in 2020, the company intends to launch a new pillow, the Memory foam, a top ofthe range pillow with a selling price of…Imperial Jewelers manufactures and sells a gold bracelet for $405.00. The company’s accounting system says that the unit product cost for this bracelet is $274.00 as shown below: Direct materials $ 149 Direct labor 87 Manufacturing overhead 38 Unit product cost $ 274 The members of a wedding party have approached Imperial Jewelers about buying 14 of these gold bracelets for the discounted price of $365.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $5. Imperial Jewelers would also have to buy a special tool for $458 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $6.00 of the…
- Imperial Jewelers manufactures and sells a gold bracelet for $403.00. The company’s accounting system says that the unit product cost for this bracelet is $253.00 as shown below: Direct materials $ 142 Direct labor 80 Manufacturing overhead 31 Unit product cost $ 253 The members of a wedding party have approached Imperial Jewelers about buying 20 of these gold bracelets for the discounted price of $363.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $457 and that would increase the direct materials cost per bracelet by $10. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $11.00 of the overhead…Asap Imperial Jewelers manufactures and sells a gold bracelet for $407.00. The company’s accounting system says that the unit product cost for this bracelet is $274.00 as shown below: Direct materials $ 148 Direct labor 90 Manufacturing overhead 36 Unit product cost $ 274 The members of a wedding party have approached Imperial Jewelers about buying 26 of these gold bracelets for the discounted price of $367.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $13. Imperial Jewelers would also have to buy a special tool for $456 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $14.00 of…Imperial Jewelers manufactures and sells a gold bracelet for $402.00. The company’s accounting system says that the unit product cost for this bracelet is $261.00 as shown below: Direct materials $ 142 Direct labor 83 Manufacturing overhead 36 Unit product cost $ 261 The members of a wedding party have approached Imperial Jewelers about buying 23 of these gold bracelets for the discounted price of $362.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $465 and that would increase the direct materials cost per bracelet by $8. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $9.00 of the overhead…
- mperial Jewelers manufactures and sells a gold bracelet for $407.00. The company’s accounting system says that the unit product cost for this bracelet is $255.00 as shown below: Direct materials $ 141 Direct labor 83 Manufacturing overhead 31 Unit product cost $ 255 The members of a wedding party have approached Imperial Jewelers about buying 15 of these gold bracelets for the discounted price of $367.00 each. The members of the wedding party would like special filigree applied to the bracelets that would require Imperial Jewelers to buy a special tool for $458 and that would increase the direct materials cost per bracelet by $8. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $9.00 of the overhead is…Imperial Jewelers manufactures and sells a gold bracelet for $409.00. The company’s accounting system says that the unit product cost for this bracelet is $269.00 as shown below: Direct materials $ 143 Direct labor 88 Manufacturing overhead 38 Unit product cost $ 269 The members of a wedding party have approached Imperial Jewelers about buying 21 of these gold bracelets for the discounted price of $369.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $4. Imperial Jewelers would also have to buy a special tool for $461 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period. However, $5.00 of the…answer in 20 minutes Imperial Jewelers manufactures and sells a gold bracelet for $407.00. The company’s accounting system says that the unit product cost for this bracelet is $274.00 as shown below: Direct materials $ 148Direct labor 90Manufacturing overhead 36Unit product cost $ 274 The members of a wedding party have approached Imperial Jewelers about buying 26 of these gold bracelets for the discounted price of $367.00 each. The members of the wedding party would like special filigree applied to the bracelets that would increase the direct materials cost per bracelet by $13. Imperial Jewelers would also have to buy a special tool for $456 to apply the filigree to the bracelets. The special tool would have no other use once the special order is completed. To analyze this special order opportunity, Imperial Jewelers has determined that most of its manufacturing overhead is fixed and unaffected by variations in how much jewelry is produced in any given period.…
- For a Spring Sale event, a buyer plans to purchase 250 floral print dresses to retail for $79.99 each. A 56% markup is needed on the total purchase. From one of the buyer’s best resources, 110 dresses were purchased that cost $37.50 each. The buyer knows, however, that the costs will have to be averaged on the balance of other purchases from alternate resources in order to achieve a 56% markup on the entire group. a. What must be the average cost per dress on the balance of the purchases if the buyer is to attain the planned markup percentage? b. What markup percentage did the buyer attain on the first purchase of 110 dresses? c. What markup percentage did the buyer have to get on the balance of the purchases to realize the overall needed markup? Please show all work! There are two other versions of the problem posted that are both done wrong. Please help!!What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials, $17,000; direct labor, $33,000; and manufacturing overhead, $70,000? A. $16,000 B. $50,000 C. $103,000 D. $120000A local furniture company has estimated the following components for a new product. (in pesos) Fixed cost = 50,000Material cost per unit = 2.15Labor cost per unit = 2.00Revenue per unit = 7.50 Using spreadsheet, find the exact breakeven point. Attach excel solution. Group of answer choices 15, 380 units 14,875 units 14,925 units 15,030 units No choice given