Solution-What the selling price for a unit in job x

What the selling price for a unit in job x

Assignment Help Cost Accounting

Reference no: EM132611333

Cull Corporation uses a job-order costing system with a single plant wide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,700, variable manufacturing overhead of $2.70 per machine-hour, and 63,000 machine-hours. The company has provided the following data concerning Job X455 which was recently completed:

Number of units in the job 20

Total machine-hours 80

Direct materials $750

Direct labor cost $1,500

Problem 1: If the company marks up its unit product costs by 25% then the selling price for a unit in Job X455 is closest to: (Round your intermediate calculations to 2 decimal places.)

Reference no: EM132611333

Questions Cloud

Some of the ramifications of living without purpose : What might be some of the ramifications of living without purpose?

Evaluate the role of research in the management : Conduct an independent research investigating an area of interest to you within the management context - evaluate the role of research in the management

Base scenario and the sales variation scenarios : What do the net present value, internal rate of return, and payback values from your base scenario and the sales variation scenarios above imply for the propose

What total cost that would be recorded on the job cost sheet : The predetermined overhead rate is $14 per machine-hour. The total cost that would be recorded on the job cost sheet for Job 910 would be

What the selling price for a unit in job x : If the company marks up its unit product costs by 25% then the selling price for a unit in Job X455 is closest to: (Round your intermediate calculations)

Calculate the selling price for job l : Further assume that the company uses a markup of 20% on manufacturing cost to establish selling prices. Calculate the selling price for Job L.

Political activity and post-employment : Define and explain in detail the following two types of ethical violations: Political Activity and Post-Employment.

Determine the capital structure decisions : How can managers use leverage and control to support their capital structure decisions?

How beneficial are operating and capital budgets : Are these type of budgets used primarily at the federal level of government as compared to state and local level government?

User Account

All Pages

What the selling price for a unit in job x

Reference no: EM132611333

Reference no: EM132611333

Questions Cloud

Reviews

Write a Review

Cost Accounting Questions & Answers

Cost accounting assignment

Prepare the journal entries

Advise as to the liability of all the parties

Prepare revenues budget

Effect of exchange rate changes on cash and cash

Corporate governance

Cost-benefit analysis

Non-annual interest rates and annuities

Job costing in service organizations

Accounting for bad debt expense

Accounting and partnership problems

Development of relevant cash flows

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT