Direct materials cost per unit of custom calculator is 15

Assignment Help Accounting Basics
Reference no: EM13572800

Arden corporation just received a special order to make 7500 units of a specialized calculator. Direct materials cost per unit of custom calculator is $15, the direct labor cost per unit is $5, and the manufacturing overhead per unit is $18, including $6 of variable manufacturing overhead. If Arden has sufficient manufacturing capacity, what is the minimum price that can be accepted for the custom calculator?

Reference no: EM13572800

Questions Cloud

Joe peterson is the founder and majority shareholder of : joe peterson is the founder and majority shareholder of zipali inc. wholesaler of chemicals. joe started the business
Split the common stock 3 for 1 and reduced the par from 90 : selected transactions completed by big water boating corporation during the current fiscal year are as followsjan. 3.
You have just obtained financial information for the past 2 : you have just obtained financial information for the past 2 years for powell panther corporation. answer the following
Grill works and more has 7 percent preferred stock : grill works and more has 7 percent preferred stock outstanding that is currently selling for 49 a share. the market
Direct materials cost per unit of custom calculator is 15 : arden corporation just received a special order to make 7500 units of a specialized calculator. direct materials cost
Doublewide dealers has an roa of 10 percent a 2 percent : doublewide dealers has an roa of 10 percent a 2 percent profit margin and a return on equity equal to 15 percent. what
The following transactions and adjusting entries were : the following transactions and adjusting entries were completed by a local delivery company called super swift. the
Complete the balance sheet and sales information in the : complete the balance sheet and sales information in the table that follows for hoffmeister industriesusing the
Arden corporation just received a special order to make : arden corporation just received a special order to make 7500 units of a specialized calculator. if arden has sufficient

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the opportunity cost

John Jay is a full-time student at a local university. He wants to decide whether he should attend a four-week summer school session, where tuition is $250, or take a break and work full time at a local delicatessen.

  Schedule to determine the amount of loss

Based on the previous information, prepare a schedule to determine the amount of loss that Wells Corporation should recognize for the current year.

  Determining maximum tax deduction

This machinery is considered 7 year MACRS property and also qualifies as §179 property. What is the maximum tax deduction Geronimo Corp. can take for this asset in 2010?

  Calculate ending inventory and cost of goods

Calculate ending inventory and cost of goods sold for January using average cost. (Round your intermediate calculations to 3 decimal places. Round your average cost values to the nearest dollar amount.

  Explain the difference between forecasting and budgeting

what is the difference between forecasting and budgeting? what are the various forecasting techniques? as a manager

  A business issued a 120-day 6 note for 10000 to a creditor

a business issued a 120-day 6 note for 10000 to a creditor on account. the company uses a 360-day year for interest

  Calaveras tire exchanged machinery for two pickup trucks

Calaveras Tire exchanged machinery for two pickup trucks. The book value and fair value of the machinery were $40,000 (original cost of $95,000 less accumulated depreciation of $55,000) and $27,000, respectively.

  Employees are a part of the cash disbursements cycle why is

employees are a part of the cash disbursements cycle. why is it important that a company have all of its employees in

  Determine the break-even sales volume in dollars

Determine the break-even sales volume in dollars and units and determine the number of units it must sell to generate a $100,000 profit.

  Prepare the operating section of the statement of cash flows

Prepare the operating section of the statement of cash flows under the indirect method and the direct method.

  On april 1 2014 somers company assigns 200000 of its

on april 1 2014 somers company assigns 200000 of its accounts receivable to third national bank as collateral for a

  The peace company has the following functional traditional

the peace company has the following functional traditional income statement for the priornbspmonth.sales50 100000

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!

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