Model A Model KModel T Direct material cost $800,000 $530,000 $630,000 $500,000 $320,000 $410,000 Activity Direct labor cost
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A: Cost of making=Number of units×Per unit cost=20,000×$36=$720,000
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Denali Industries makes specialized oil well equipment. Use total direct cost as the burden vehicle, and compute the total cost per unit for each model. Total
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- Subject: Cost management & accounting Q.3 Compute Factory Cost:Direct Material = Rs. 50,000Conversion Cost = 150,000Prime Cost = 100,000 Q.4 Compute Factory Cost:Prime Cost = Rs. 250,000Direct Material = 100,000Conversion Cost = 380,000 Q.5 Compute: i) Prime Cost ii) Factory CostMaterial = Rs. 75,000 ( 80% Direct )Labour = 100,000 ( 20 % Indirect )Conversion Cost = 180,000 (Indirect Material and Labour are included)Choose the correct answers . D.Materials ( 150 000 )$. D.Wages ( 250 000 )$. D.Expencess ( 150 000 )$. Ind.Expencess ( 125000 )$. Marketing cost ( v. ) ( 75000 )$. Ind.Marketing ( f. ) ( 85000 )$.?. Production cost ( using total cost ) . * ( 675000)$ (- 670000)$. ( another option ). ( 835000 )$Joint casts: Direct materials: 51000 Direct labor: 61000 Overhead: 66000 Revenues: Product A: 76500 Product B: 81500 Product C: 31500 Product A beyond the split off point, which would increase sales value to $116000. Must rent special equipment costing $17500 per quarter. And additional materials and labor needed would cost $12650 per quarter. What would it cost to further Product A further?
- Total Product J Product K Direct material cost $700,000.00 $400,000.00 $300,000.00 Overhead cost $280,000.00 $160,000.00 $120,000.00 Selling & Administrative $140,000.00 $80,000.00 $60,000.00 Full Cost $1,120,000.00 $640,000.00 $480,000.00 Profit (25% of full cost) $280,000.00 $160,000.00 $120,000.00 Sales $1,400,000.00 $800,000.00 $600,000.00 Selling price per unit $80.00 $60.00 Using the prices calculated above, how much profit would result if the sales were 5,000 units of J and 15,000 units of K instead of 10,000 units of each?Compute the conversion cost charged to work in process account 125,000 50,000 53,000 103,000initial investment: 400,000,000 unit revenue: 920,000 unit cost: 460,000 find the break even quantity
- Cash 72000 Ending WIP 54000 Beginning WIP 85000 DM used 40000 DL used 61000 Factory overhead 50000 What will be the total manufacturing cost?Required to answer. Single choice.Algo Identifying upstream and downstream cost LO During year 2, Thornton's manufacturing company incurred $115,200,000 of research and development (R&D) cost to create a long-life battery to use in computers. in accordance with FASB standards, the entire R&D cost was recognized as an expense in year 2 manufacturing costs ( direct materials, direct labor, and overhead) are expected to be $60 per unit. Packaging shipping, and sales commissions are expected to be $17 per unit. Thornton expects to sell 2,4000,000 batteries before new research renders the battery design technologically obsolete. During year 2, Thornton made 432,000 batteries and sold 407,000 of them Required a) Identify the upstream and downstream costs b) Determine the year 2 amount of goods sold and the ending inventory balance that would appear on the financial statements that are prepared in accordance with GAAP c) Determine the sales price assuming that Thornton desires to earn a profit margin that is equal to…Subject: Cost management & accounting Q.1Direct Material = Rs. 50,000Direct Labour = 75,000Rent (Factory) = 5,000Fuel & Power = 2,000Rent (Office) = 3,000Utility (Factory) = 3,000Utility (Office) = 1,500Factory Supervisor Salary = 5,000Depreciation( Machines = 2,000Indirect Material = 10,000Indirect Labour = 5,000Compute: i) Prime Cost ii) Factory Over Head iii) Factory Cost iv) Conversion Cost
- 12) Item Y is produced. costs required: raw material costs Rp. 40.000,- labor costs Rp. 20.000,- BOP Rp. 20,000,-. The resulting 2000 units of product X and 5000 units of product Z. The cost of further processing of product X is Rp. 5.000,- Product Z Rp. 20,000,-. The market price per unit of product X is Rp. 10,- and product Z is Rp. 20,-. The amount of the combined Cost Allocation of Product Z is:Select one: a. 69,368,42 b. 66,368,42 c. 68,368,42 d. 67,368.42DIRECT MATERIALS P225,000; CONVERSION COST P225,000 DIRECT MATERIALS P200,000; CONVERSION COST P200,000 DIRECT MATERIALS P275,000; CONVERSION COST P215,000 DIRECT MATERIALS P225,000; CONVERSION COST P200,000 None of the aboveQ6. Self-tightening wedge grips are designed for tensile testing applications up to 1200 pounds.The cash flow associated with the product is shown below. Determine the cumulative cash flow after year 4. Year 1 2 3 4 Revenue, $ 19,000 13,000 7,000 27,000 Costs, $ -30,000 -16,000 -8,000 -4,000 The cumulative cash flow after year 4 is $ .