Calculating unit price

Assignment Help Managerial Accounting
Reference no: EM1348325

Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity- based costing system contains the following six activity cost pools and activity rates:

K425 M57

Direct Materials cost per unit $13.00 $56.00
Direct Labor cost per unit $5.60 $3.50
Number of units produced per year 200 2,000

Activity data have been supplied for the following two products:

Required:

Compute the unit product cost of each product listed above

Reference no: EM1348325

Questions Cloud

Define hris : Write a memo to convince the management to invest in a new HRIS. Imagine you are the head of the HR department in a firm. Your department plans to propose an HRIS initiative to management.
What is the pressure in the cylinder : A movable piston having a mass of 7kg and a cross-sectional area of 6 cm2 traps 0.2 mol of an ideal gas in a vertical cylinder. The piston slides without friction in the cylinder. The outside of the cylinder is kept at atmospheric pressure, 1.013×..
Explain challenges faced by minority employees : Explain challenges faced by minority employees If you were a senior manager at a company such as Mitsubishi and Allstate Insurance
Determine the liquidity position : Estimate the liquidity position of Blackwood Company with the provided financial data.
Calculating unit price : Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity- based costing system contains the following six activity cost pools and activity rates:
Irr method : Using the table identify the crossover point and briefly explain the significance when the crossover rate is greater than cost of capital for mutually exclusive projects.
Rights and existence : When you look at designing tests you have to 1st look at what objectives are you are trying to get. For example if you look at cash in banks you know that there are 2 main objectives:
Explaining anticybersquatting consumer protection act : What does Anticybersquatting Consumer Protection Act perform? How does this act cut down on nuisance suits?
Calculate the cost of the preferred stock : Taylor Systems has just issued preferred stock. The stock has a 12% yearly dividend and a $100 par value and was sold at $97.50 each share. In addition, flotation costs of $2.50 each share must be paid.

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

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