User Account

All Pages

Compute the unit product cost for chairs

Assignment Help Cost Accounting
Reference no: EM132595954

A company manufactures two products, chairs and tables. Data regarding the two product is as follows:

                   Direct labor hours per unit                    Annual production

Chairs              0.5 Hours                                      5,000 Units

Tables                  0.8 Hours                                  4,000 Units

Chairs require $40.00 in direct materials per unit and tables require $50 per unit.

The direct labor wage rate is $30 per hour. The activity-based costing system has the following activity cost pools:

Activity cost pool                Activity Measure           Estimated overhead cost       Activity Machine set ups

Number of set ups                  $150,000                              1,000                                 1,500

Special processing Machine hours  $100,000                             180                                       220

Question 1: Compute the unit product cost for chairs rounded to the nearest cent. Compute the unit product cost for chairs rounded to the nearest cent.

Reference no: EM132595954

Questions Cloud

Prepare december income statement : The records of Roadmaster Auto Rentals show the following information as of December 31. Prepare December income statement
Why evaluation is critical to training success : Reflect on and explore the reasons why evaluation is critical to training success. Discuss the reasons evaluation is critical to effectiveness of training.
How to find the cost per equivalent unit for materials : Find the cost per equivalent unit for materials, cost per equivalent unit for conversion, and cost of units completed and transferred out.
What is capital rationing : 1. What is capital rationing? 2. A company YZ based in Mazeras in Mombasa whose annual cashflow is as follows:
Compute the unit product cost for chairs : Compute the unit product cost for chairs rounded to the nearest cent. Compute the unit product cost for chairs rounded to the nearest cent.
Company can sell or offer to global market : Identify two new products and/or services that the company can sell or offer to a global market. Evaluate competitor prices for similar products and/or services
What amount should jared set as his goal : Jared has no savings. He watched his parents spend all their money every payday. But his grandmother always said
Calculate the cost of a media campaign : Media Costings - Calculate the cost of a media campaign. In fact - what you learn in this assignment can help you in almost ANY job that requires numbers
Identify the revenue and cost benefits of pepsi : We are working on a project on Pepsi and need help with these questions.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Identify advantages of full cost based transfer price

Identify one of the main advantages and two behavioural implications of the use of the transfer pricing methods Full Cost Based Transfer Price

  Discuss the implications of the transfer pricing policies

Calculate the increase or decrease in profits for the three divisions and the company as a whole if the agreement is enforced - Evaluate and discuss the implications of the transfer pricing policies

  What is the lowest acceptable transfer price

Motor has no market for the 20,000 motors if they are not transferred to Assembly. Variable selling and administrative costs are incurred on both internal and external sales.

  Discuss lighting the way at the manor house hotel

Does anyone have the proper solution for the case study of lighting the way at the manor house hotel by Harvard business review

  What methods of cost estimation rely on historical data

What methods of cost estimation rely primarily on historical data? Discuss the problems an unwary user may encounter with the use of historical cost data.

  What is a cash flow diagram and provide suitable example

Why use cash flow and not income statement for cost distribution? What is a cash flow diagram and Provide the suitable example.

  Calculate the budgeted total unit cost

Soriano Company is preparing its budgeted income statement for 2010. Relevant data pertaining to its sales, production, and direct materials budgets can be found in the Do It! exercise on page 1026.

  How can calculate static budget variance

How can calculate static budget variance when do not have any given fixed costs, but rather just number of units sold, revenue, cost of goods sold

  Compute current cash debt coverage ratio

Compute these ratios: current cash debt coverage ratio, cash debt coverage ratio, and free cash flow. Provide a brief interpretation of your results.

  What is metals corps weighted average cost of capital

Newly issued common stock has a cost of 14.05%. What is Metals Corp.'s weighted average cost of capital?

  Explain the difference between bond yield and coupon interes

Explain the difference between Bond Yield and Coupon Interest Rate

  Find how much revenue must be generated

Find How much revenue must be generated to produce $80,000 of pretax earnings? How many pairs of glasses would this level of revenue represent?

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd