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!
A computer manufacturer produces three types of devices:mobile phones, tablets, and computers. For the production of these three devices you have the following information:
Phone
Tablet
Computer
Material cost per unit
£90
£140
£315
Direct labor hours per unit
2
2.5
4
Budgeted units
1,500,000
900,000
1,200,000
Labor cost per hour
£8
Overhead costsper annum
Utilities
£20,000,000
Rent
£15,000,000
Audit and legal
£5,000,000
Administrative staff
£40,000,000
Total
£80,000,000
ABC analysis suggested that overhead costs are distributed to the three products according to the table below:
Overheads
£8,000,000
£7,000,000
£8,250,000
£2,250,000
£4,500,000
£2,900,000
£1,250,000
£850,000
£23,200,000
£6,000,000
£10,800,000
For each of the three products, the company aims at a different percentage for profit. Under the full absorption costing method and the targeted profit percentage, the prices of the three products should be:
Full costing price
£170.69
£233.87
£435.67
1. Calculate the aimed profit percentages for the three products and under the full absorption costing method, with overhead costs absorbed on the basis of direct labour hours.
2. Use the profit percentages that you derived in (1) and calculate the prices of the three products under the ABC system.
3. Recommend a cost system and include any changes that you would suggest to the pricing strategy of the computer company (target length 300 words).
Interest rates are currently at 5%. You calculate d1 = 0.9043, N[d1 ]= 0.8159, d2 = 0.6543, N[d2] = 0.7422. How do you find the fair value of this option?
A few days ago, Mr. A has purchased a lottery. Fortunately, he has received a letter from the lottery officials that he has won that lottery. Additionally, it has been mentioned in the letter that he has to choose between one of the two given alte..
Tobias Company has 40,000 shares of $10 par value common stock outstanding. Make journal entries without explanations for the following transactions.
The firm will not be issuing any new stock. What is Quigley's WACC?
It is always a good idea to verify amounts in the general ledger just to be sure there are no problems or stupid mistakes (since in the real world, there is no answer book). So test the accuracy of the Accounts receivable balance at the end of the fi..
If the required return on Storico stock is 11 percent, what will a share of stock sell for today?
Lee Financial Services pays employees monthly. Payroll information is given below for January 2011, 1st month of Lee's fiscal year. Suppose that none of employees exceeded any relevant wage base.
Estimates the long-run future expected rates of return.
The firms marginal tax rate is 34 percent. Calculate the cost of (a) internal common equity and (b) external common equity. Please show your work.
Financial analysts believe that there are four equally likely states of the economy: depression, normal, and boom times. The returns on the Supertech Corporation are expected to follow the economy closely,
a.assuming a constant rate for purchases production and sales throughout the year what are casa de diseno existing
Computation par value of bonds and What is the bond's annual coupon interest rate
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