User Account

All Pages

Target selling price per unit under absorption costing

Assignment Help Accounting Basics
Reference no: EM13969244

Sirhuds Inc., a maker of smartwatches, reports the information below on its product. The company uses absorption costing and has a target markup of 40% of absorption cost per unit.

Direct materials cost

$102 per unit

Direct labor cost

$32 per unit

Variable overhead cost

$10 per unit

Fixed overhead cost

$192,000 per year

Variable selling and administrative expenses

$4 per unit

Fixed selling and administrative expenses

$125,000 per year

Expected production (and sales)

$48,000 units per year

Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Reference no: EM13969244

Questions Cloud

How might organization culture reflect its established value : How might an organization's culture reflect its established values
How unlikely do you think those numbers are to win : To play this lottery game, I chose the numbers 1, 2, 3, 4, 5, and 6. What do you think about that choice? How unlikely do you think those numbers are to win?
How has a recent emphasis on safe and quality patient care : What are some legislative policies and regulatory changes that have significantly impacted nursing and healthcare service delivery? How has a recent emphasis on safe and quality patient care caused hospitals and other facilities to review their op..
How did your topic adjust to the crisis : If so how? If your topic was not a cause, how did the crisis impact your topic? How did your topic adjust to the crisis?
Target selling price per unit under absorption costing : Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
What is one marketing concept involved in the article : What is one marketing concept involved in the article by Bloom and Dalphe (1993).Provide support for your analysis.
Target selling price per unit under absorption costing : Compute the target selling price per unit under absorption costing. (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Vietnam to china to the bay of bengal : The temples of Angkor, built by the Khmer civilization between 802 and 1220 AD, represent one of humankind's most astonishing and enduring architectural achievements. From Angkor the Khmer kings ruled over a vast domain that reached from Vietnam to C..
Execution phase of the project life cycle : For this assignment, consider and discuss the degree to which the likelihood and impact of specific risks is anticipated to change during the Execution phase of the project life cycle

Reviews

Write a Review

Accounting Basics Questions & Answers

  Estimate the effects of falsifying records diverting cash

estimate the effects of falsifying records diverting cash to ghost employees and duplicating expenses on a small

  Ethics in financial reporting is critical to the reliability

Ethics in financial reporting is critical to the reliability of financial statements. Corporate Managers are under enormous pressure to provide high earnings and dividend amounts.

  Rayburn corporation purchased a new machine for 120000 the

rayburn corporation purchased a new machine for 120000. the machine has an estimated useful life of 10-years with no

  Assume that manufacturing overhead for glassman company in

calculating activity-based costing overhead ratesassume that manufacturing overhead for glassman company in the

  What are the rules for materiality limit

What are the rules for materiality limit?If the amount of anasset exceeds or declines over materiality limit?

  Zach company owns 40 of the voting stock of tomas

zach company owns 40 of the voting stock of tomas corporation and uses the equity method in recording this investment.

  Trumpet company produced 8600 units of product that

trumpet company produced 8600 units of product that required 3.25 standard hours per unit. the standard variable

  Wise company is considering an investment that requires an

wise company is considering an investment that requires an outlay of 600000 and promises an after-tax cash inflow 1

  What action do you recommend jamestown take

What are Jamestown's options regarding the treatment of these three customers? Based on this initial customer profitability analysis, what action do you recommend Jamestown take with each of these three customers?

  Responsibilities regarding assistive technology

What is the first device you will seek to learn more about to implement in your classroom and why? What are the school's responsibilities regarding assistive technology?

  Cash receipts versus revenues

Expenses totaled $624,000, and accrual basis net income was $168,000.

  If the employee has 300 withheld from their check for

1. if the employee has 300 withheld from their check for fica-oasdi what is the added amount that the employer would

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