Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Cabigas Company manufactures two products, Product C and Product D. The company estimated it would incur $355,840 in manufacturing overhead costs during the current period. Overhead currently is applied to the products on the basis of direct labor-hours. Data concerning the current period's operations appear below:
Product C
Product D
Estimated volume
2,000
units
2,700
Direct labor-hours per unit
4.50
hours
1.80
hour
Direct materials cost per unit
$
24.00
26.60
Direct labor cost per unit
34.00
11.60
Required:
The company is considering using an activity-based costing system to compute unit product costs for external financial reports instead of its traditional system based on direct labor-hours. The activity-based costing system would use three activity cost pools. Data relating to these activities for the current period are given below:
Activities
Estimated Overhead Costs
Expected Activity
Total
Machine setups
22,230
180
210
390
Purchase orders
162,250
1,250
1,500
2,750
General factory
171,360
5,000
3,160
8,160
355,840
Determine the unit product cost of each product for the current period using the activity-based costing approach. (Round your intermediate calculations and final answers to 2 decimal places.)
Unit product cost
A product has a contribution margin of $9 per unit and a selling price of $25 per unit. Fixed costs are $27,000. Assuming new technology increases the unit contribution margin by 50 percent but increases total fixed costs by $17,550, what is the new ..
Jason Greg is a recent retiree who is interested in investing some of his savings in corporate bonds. Listed below are the bonds he is considering adding to his portfolio. Before calculating the prices of the bonds, indicate whether each bond is trad..
questionvalstar is a mid-sized paint manufacturer that has experienced substantial growing in the past three years.
In a PowerPoint document, together, prepare a report (2-3 pages) for the Packett Packaging Pty Ltd management team that provides analysis of their performance against their budget for 2009/2010 financial year.
Prepare the journal entry to record the sale on January 1, 2009. Determine how much interest Frenchie will receive if the note is repaid on December 31, 2009.
A machine which cost $300,000 is acquired on October 1, 2014. Its estimated salvage value is $30,000 and its expected life is 8 years. Calculate depreciation expense for 2014 and 2015 by the double-declining balance method. Show all figures used and ..
What is the value-added ratio? Round to nearest whole percent.
Illustrate what is the total dividend that will be paid for Preferred stock? If the Preferred stock listing stated $3 instead of 3% would that change the total dividend amount? Why?
Paragon Products sells a special kind of navigation equipment for $1,200. Variable costs are $900 per unit. When a special order arrived from a foreign contractor to buy 40 units at a reduced price of $1,000 per unit, there was a discussion among man..
You are a recently-hired accountant at Greenwood Company, a small corporation that does a seasonal business of selling snow removal equipment, with most of its sales to retailers occurring in the last two quarters of the calendar year.
Which one of the following below would not be classified as an operating activity?
Prepare two income statements for Matka Corporation, one using the FIFO and straight-line methods and the other using the LIFO and double-declining-methods. Ignore income taxes.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd