What is aspen production cost per widget in september

Assignment Help Accounting Basics
Reference no: EM131798079

Question - Aspen company produces widgets. August production and costs are:

Widgets produced 80,000

Direct material (variable) $20,000

Direct labor (variable) 40,000

Supplies (variable) 20,000

Supervision (fixed) 30,000

Depreciation (fixed) 25,000

Others (fixed) 5,000

Total $140,000

In September, Aspen expects to produce 100,000 widgets. Assuming no structural changes, what is Aspen's production cost per widget in September?

a. $1.60

b. $1.75

c. $1.40

d. $1.00

Reference no: EM131798079

Questions Cloud

Determine the contribution margin per direct labor-hour : All of the company's nonmanufacturing costs are fixed. Determine the contribution margin per direct labor-hour expended on each product
What is the value of the test statistic h : a. Specify the competing hypotheses in order to test whether differences exist between the medians. b. What is the value of the test statistic H?
What does balance of payments reveal about a country : What does its balance of payments (BOP) reveal about a country? Include in your explanation the relevance of the International Monetary Fund (IMF).
Calculate the theoretical goldfish futures price : Calculate the theoretical one-year goldfish futures price. Give your answer in dollars and cents to the nearest cent.
What is aspen production cost per widget in september : In September, Aspen expects to produce 100,000 widgets. Assuming no structural changes, what is Aspen's production cost per widget in September
What type of regulations should be imposed on genetic test : To prepare for the discussion read the following articles. What type of regulations should be imposed on genetic test kits marketed towards consumers?
What will the expected return and beta on portfolio : Ivan Knobel holds a well-diversified portfolio that has an expected return of 11.0% and a beta of 1.20. He is in the process of buying 1,000 shares of Syngine.
Determining the unemployment rate : a. Specify the competing hypotheses in order to test whether differences exist in the cleansing action of the three detergents.
What is croissant return on investment : During the past year, Croissant had sales of $1,200,000 and earned $400,000. What is Croissant's return on investment

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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