Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
As the marketing manager for Betas Mo Industries Pty Ltd you have asked the accountant what it costs to make the FFI2020 model as you want to set a price for the phone. A similar phone produced by a competitor sells for $420. Your usual pricing policy is to set the price of phones at the cost of manufacturing plus 100% mark-up.
The accountant has given you the following costs:
Direct materials $192
Direct labour 3
Factory overhead per phone if allocated on direct labour 16 hours 20
Factory overhead per phone if allocated on labour costs 10
Factory overhead per phone if allocated on machine hours
Required
Question 1: Calculate the cost and the price of the FFI2020 using each of the factory overhead rates that the accountant has supplied. How do the different allocation methods for factory overhead affect the pricing of the FFI2020 compared to the price of the competition and what are the likely implications of this for the marketability of the phone?
A fire destroyed XYZ manufacturing company completely on January, Determine Direct material destroyed and Cost of goods manufactured.
Product analysis showing materials price, mix, and yield variances. The standard 50 lb. mix cost per lb. is $ .42 ($21/50lbs.). The standard mix should product
Show whether each of the costs described would be relevant or not to Swenson's Meats decision about whether to purchase the new machine or to keep the old machine.
Pay for an invoice for a week's (27 May to 29 May) fuel bill of $484 incl. GST from Texaco Petrol. This is not yet paid yet. Record the relevant adjusting entry
Prepare an amortization table through 3 interest periods for this bond issue and first semiannual interest payment, including amortization of discount. Round to nearest dollar.
part-1the following information pertains to the wong corporationspecific
Determine the cost assigned to ending inventory and to cost of goods sold using LIFO and Determine the cost assigned to ending inventory and to cost of goods sold using LIFO.
consider each finished unit we produce requires the subsequent two direct materials1. 500 pounds of direct material a
From the following information, prepare a multiple step income statement, starting with the proper title.
The purchasing lead time is 5 days. WL is open 365 days a year. Calculate the number of orders that will be placed each year
Calculate the unit cost reductions for the two models associated with the actions and outcomes described. Do you think the efforts to reduce the environmental cost per unit were economically justified? Explain.
Net operating income for the year under variable costing and production costs for the year
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd