User Account

All Pages

Calculate the product cost per unit

Assignment Help Accounting Basics
Reference no: EM13515431

Using ABC to compute product costs per unit

Jaunkas, Corp., manufactures mid-fi and hi-fi stereo receivers. The following data have been summarized:

Mid-Fi

Hi-Fi

Direct materials cost per unit

$ 400

$ 1,300

Direct labor cost per unit

400

300

Indirect manufacturing cost per unit

?

?

Indirect manufacturing cost information includes the following:

Activity

Allocation Rate

Mid-Fi

Hi-Fi

Setup

$1,700/per setup

39 setups

39 setups

Inspections

$ 400/per hour

45 hours

15 hours

Machine maintenance

$ 10/per machine hour

1,900 machine hours

1,200 machine hours

The company plans to manufacture 200 units of the mid-fi receivers and 250 units of the hi-fi receivers.

Requirement

1. Calculate the product cost per unit for both products using activity-based costing.

Reference no: EM13515431

Questions Cloud

What are the major features of a jit production system : What are the major features of a JIT production system such as that of High Point and prepare summary journal entries for February.
Find how high above the water is the center of the hoop : A dolphin jumps with an initial velocity of 12.5 m/s at an angle of 36.0° above the horizontal. how high above the water is the center of the hoop
Computing abc allocation rates : Compute the cost allocation rate for each activity - Computing ABC allocation rates
Explain what is the ph of solution of hclo3 : One of the strongest "weak" acids is chloric acid. Its Ka is 1.0. What is the pH of a 0.75M solution of HClO3
Calculate the product cost per unit : Calculate the product cost per unit for both products using activity-based costing - compute product costs per unit
Define the ph of a sauturated solution of al(oh)3 : The ksp for Al(OH)3 is 1.9*10^-33. what is the pH of a sauturated solution of Al(OH)3. ignore any hydrolysis
Discuss the significance of the title of nick hornby : Discuss the significance of the title of Nick Hornby's novel High Fidelity
What is the average speed during his trip : A person walked a 400 m with a constant speed of 1 m/s, then he increased his speed and walked another 400 m with 2 m/s, what is the average speed during his trip
Compute the indirect manufacturing cost per unit : Compute the ABC indirect manufacturing cost per unit for each product and compute the indirect manufacturing cost per unit using direct labor hours from the single-allocation-base system.

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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