PPR Inc manufactures chainsaws that sell for $58. Each chainsaw uses $10 in direct materials and $3 in direct labor per unit. PPp has two activities. Machining. which is applied at the rate of $2 per machine hour, and Finishing, which is applied at the rate of $20 per batch. This month, PPP made 200 chainsaws, using 1,000 machine hours in 40 batches. What is the gross profit for one chainsaw? Select one: O a. $47 O b $27 C $13 O d s31

Ceder Company has compiled the following data for the upcoming year: Sales are expected to be 16,000 units at $52 each. Each unit requires 4 pounds of direct materials at $2.40 per pound. Each unit requires 2.1 hours of direct labor at $13 per hour. Manufacturing overhead is $4.90 per unit. Beginning direct materials inventory is $5,400. Ending direct materials inventory is $6,950. Selling and administrative costs totaled $138,720. Determine Ceder's budgeted cost of goods sold. Complete Ceder's budgeted income statement.

Anemone Company produces picture frames. During the year, 200,000 picture frames were produced. Materials and labor standards for producing the picture frames are as follows:   Direct materials (2 pieces of wood @ $3) $6.00 Direct labor (2 hours @ $12) $24.00 ​ ​ Anemone purchased and used 600,000 pieces of wood at $4.00 each, and its actual labor hours were 320,000 hours at a wage rate of $13.   What is Anemone's labor rate variance? a. $450,000 F b. $320,000 U c. $445,000 U d. $660,500 F

ChimneySweep provides cleaning services for residential chimneys and fireplaces. The cleaning service requires $35 in variable costs for cleaning materials. The fixed costs of labor, the company’s truck, and administrative support are $165,000 per year. ChimneySweep averages 100 service calls per month. What is the average cost per cleaning service call? Round your answer to 2 decimal places.

Guadalupe Olayo produces grandfather clocks. Each grandfather clock normally sells for $1,500. The following manufacturing cost information per clock is available: Direct materials are $200, labor is $600, variable overhead is $50, and fixed overhead is $40 (based on planned production for the year of 1,200 clocks).   Commissions are 10% of selling price, and fixed selling and administrative costs are $70,000. Guadalupe’s tax rate is 25%.   A European company has asked Guadalupe to accept a special order for 400 clocks. Due to some minor design changes, the material and labor costs for the special order clocks would increase by 25%. Another production run would have to be scheduled for the special order, since the clocks are different from the regular clocks, at a cost of $2,200. In addition, Guadalupe would have to hire a temporary clerk to process the ISO and export paperwork for shipping to Europe, at a cost of $600. Commissions will be paid at the rate of 5% of the special order…

Gustavo Fring approached Walt & Jessie Pharmaceutical Co. to buy 50 pounds of product for $50,000 a pound. Regular customers are charged $84,000 for a pound of product. Walt and Jessie Pharmaceutical Co. has the capacity to make 1000 pounds of product per month. The following costs are associated with the company's normal monthly production of the sale of 970 pounds of product: Direct Material per Pound of Product $9,000 Direct Labor per Pound of Product $2,000 Variable MOH per Pound of Product $3,000 Fixed MOH per Pound of Product $3,000 What is the minimum price Walt and Jessie Pharmaceutical Co. would be willing to accept per pound of product for the order?  Round your answer to the nearest dollar. Hint:  You can solve this problem using the formula for minimum transfer price.   Transfer price >= incremental variable costs per unit + (Sacrificed regular contribution margin/ # units transferred)  Minimum price = incremental variable costs per unit + ((# units…

Terminator, Inc., manufactures a motorcycle part in lots of 350 units. The raw materials cost for the part is ​$170​, and the value added in manufacturing 1 unit from its components is ​$320​, for a total cost per completed unit of ​$490. The lead time to make the part is 2 ​weeks, and the annual demand is 3,800 units. Assume 50 working weeks per year. a. How many units of the part are​ held, on​ average, as cycle​ inventory? nothing units. ​(Enter your response as an​ integer.) What is its​ value? ​$nothing. ​(Enter your response as an​ integer.) b. How many units of the part are​ held, on​ average, as pipeline​ inventory? nothing units. ​(Enter your response as an​ integer.) What is its​ value? ​$nothing. ​(Enter your response as an​ integer.)

Subject: Acounting