Rytaka rotyourteeth candy company sells lollipopslast year

Assignment Help Managerial Accounting
Reference no: EM13377047

RYT(aka RotYourTeeth) Candy Company sells lollipops.Last year the company sold 10,000,000 lollipops for $1,000,000.The Variable Costs were $350,000 and the Net Profits were $100,000

Administration has directed management to double profits in the next year.

Determine the DL and DM budget needed to reach this target.

DM:Cost $1 per pound

Each unit requires 1/50 of a pound

DL: Labor costs are $10 per hour

Each unit requires .0015 labor hours

Target: 11,538,462 lollipops should be sold

Reference no: EM13377047

Questions Cloud

Consider the following scenarioyour cfo in her initial work : consider the following scenarioyour cfo in her initial work needs to decide whether to set up a job order costing
1 find the following values for a lump sum assuming annual : 1 find the following values for a lump sum assuming annual compoundinga. the future value of 500 invested at 8 percent
Select a product produced in the us and a foreign country : select a product produced in the u.s. and a foreign country which you are familiar from the e-activity. determine if
Natashalsquos product inc acquired a packaging machine from : natashalsquos product inc. acquired a packaging machine from coffee inc on january 1 2009. in payment for the machine
Rytaka rotyourteeth candy company sells lollipopslast year : rytaka rotyourteeth candy company sells lollipops.last year the company sold 10000000 lollipops for 1000000.the
Imagine that guatemala which borders mexico to the : imagine that guatemala which borders mexico to the southwest has been invited to join nafta. discuss the most likely
Consider the following scenariothe ski pro corporation : consider the following scenariothe ski pro corporation which produces and sells to wholesalers a highly successful line
Analyze the makeup and policies of the european union and : analyze the makeup and policies of the european union and determine if all countries have benefited from their
1 prepare entries to record the following transactionsa a : 1. prepare entries to record the following transactionsa a 5000 cash investment made by the owner of a business.b 1700

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Prepare a make or buy analysis

Prepare a make or buy analysis showing the annual advantage or disadvantage of accepting an outside supplier's offer.

  Summarize the cost management from article

What are the major cost drivers involved in the school's educational process? How do you think the school might attempt to control costs? Describe how the Business School adds value and who receives this value.

  Determining product cost system

Assuming I own a wedding invitation printing company. I would need information to budget next years activities. Which costs are likely to be available in the company's product costing system?

  Linear regression analyzing total overhead cost

Discuss company overhead you determine that the majority of your indirect costs are related to four primary activities and linear regression analyzing total overhead cost and units sold and linear regression analyzing total overhead cost and machine ..

  Determine the ending finished goods inventory

Determine the ending finished goods inventory. What was the cost of indirect labor? What was the amount of factory overhead applied? Determine total manufacturing costs incurred during 2007. What was the cost of good manufactured?

  What steps can be taken to loosen the constraint in coating

What steps can be taken to loosen the constraint in coating and sharpening and Which product should be emphasized if the constraint in coating and sharpening cannot be loosened?

  Basics of cost-volume-profit

Feather Friends, Inc., distributes the high-quality wooden birdhouse which sells for $20 for each unit. Variable costs are $8 per unit, and fixed costs total $180,000 per year.

  Problem on journal entries larney corporation

Raw materials that cost $68,200 are withdrawn from the storeroom for use in the Mixing Department. Direct materials amounted to 75%, with the balance classified as indirect materials.

  George ltd manufactures

George Ltd manufactures two types of coils used in electric motors. The two types are: C20 and D40. They both require plastic and metal

  Target costing in japan

What is the effect of target costing and value engineering on the use of variances?

  Why are customers likely to be willing to pay higher price

Should ATI switch from the fast growing, online advertising market back into the well established published market? Does the charge of predatory pricing seem valid? Why are customers likely to be willing to pay higher price to get published servic..

  Should the ski pro corporation make or buy the bindings

What would be the maximum purchase price acceptable to the Ski Pro Corporation for the bindings? Support your answer with an appropriate explanation.

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