The product sells for 12990 per unit according to the

Assignment Help Accounting Basics
Reference no: EM13482791

Spendlove Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total Activity Assembly $1,114,920 57,000 machine hours Processing Orders $47,016 1,800 orders Inspection $ 107,328 1,560 inspection-hours The company makes 430 units of product S78N a year, requiring a total of 1,120 machine-hours, 40 orders, and 30 inspection-hours per year. The product's direct materials cost is $49.81 per unit and its direct labor cost is $12.34 per unit. The product sells for $129.90 per unit. According to the activity-based costing system, the product margin for product S78N is: A. $4,116.50 B. $29,132.50 C. $6,180.50 D. $5,161.30.

Reference no: EM13482791

Questions Cloud

The monthly payment on a 1000000 15 yr mortgage at 6 is : the monthly payment on a 1000000 15 yr. mortgage at 6 is 8438.57 per month. how much of that 1000000 on day 1 is deemed
Charles inc began using dollar-value lifo for costing its : charles inc. began using dollar-value lifo for costing its inventory last year base year.the ending inventory this year
On january 1 2009 heitzman company purchased the following : on january 1 2009 heitzman company purchased the following shares as a long-term investment in available-for-sale
What is the ending invemtory using lifowhat is the ending : inventory march 1 110 units 4.20purchase march 7 350 units 4.40purchase march 16 70 units 4.50purchase march 30 80
The product sells for 12990 per unit according to the : spendlove corporation has provided the following data from its activity-based costing system activity cost pool total
At the end of 2013 an error was made in the physical count : at the end of 2013 an error was made in the physical count of inventory at carter corporation which resulted in ending
The estimated cost to dispose of a unit is 4 and the normal : addison company can sell inventory item pqwr213 for 20 per unit. the original cost of the unit is 18. currently the
Te following is an example of cash amount 300000 60 : the following is an example of cash amount 300000 6.0 accounts receivable amount 500000 10.0 inventory amount 800000
Which is an advantage of corporations relative to : which is an advantage of corporations relative to partnerships and sole proprietorships?a lower taxes.b harder to

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is the amount of the impairment

The expected, undiscounted, net cash flows from the use of the asset and the eventual disposition are determined to be $760,000, and it has a current market value of $710,000. What is the amount of the impairment, if any, that should be recorded b..

  Fair value of identifiable net assets

On July 1, 2011, Tremen Corporation acquired 40% of the shares of Delany Company. Tremen paid $3,000,000 for the investment, and that amount is exactly equal to 40% of the fair value of identifiable net assets on Delany's balance sheet.

  Unamortized discount-premium on the effective interest basis

The bonds are dated January 1, 2010, and mature January 1, 2015, with interest payable December 31 of each year. Osborn Company allocates interest and unamortized discount or premium on the effective interest basis.

  Assuming a perpetual inventory system and using the

beginning inventory purchases and sales for item vx48 are as followsjuly 1 inventory 100 units at 88 sale 90 units15

  Suppose the adjustments were not made compute the overall

an accountant made the following adjustments at december 31 the end of the accounting perioda. prepaid insurance

  A large conglomerate is considered acquiring a medium

a large conglomerate is considered acquiring a medium -sized manufacturing company in a closely related industry. a

  Journalize the october transactions and the october 31

manatee company closes its books monthly. on september 30 selected ledger account balances are notes

  Variation from budget

Top management notices a variation from budget and an investigation of the difference reveals that the department manager could not be expected to have controlled the variation. Which of the following statements is applicable?

  How will any marital deduction be determined

Bernice dies and, under a will, passes real estate to her surviving husband. The real estate is subject to a mortgage. For estate tax purposes, how will any marital deduction be determined? Can Bernice's estate deduct the mortgage under § 2053? Ex..

  How do you file a complaint regarding a hippa violation

1. how do you file a complaint regarding a hippa violation with the office of civil rights?2.exactly what must a

  Summary of asset treatment in business

Write a summary of asset treatment in a business. Examine the aspects of acquisition, depreciation, revising periodic depreciation, expenditures during useful life, and the three different means of disposal.

  Part aace company has a 30 percent marginal tax rate and

part aace company has a 30 percent marginal tax rate and uses a 12 discount rate to compute npv. the firm started a

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