Determine manufacturing cost per unit

Assignment Help Accounting Basics
Reference no: EM13150375

Nevada Company provided the following information regarding its only product--skateboards. Direct materials used $200,000; Direct labor 80,000; Fixed overhead 180,000; Fixed selling and administrative costs 150,000; Variable overhead 30,000; Variable selling and administrative 60,000; Selling unit price 127; Units produced and sold 10,000

_____ is the manufacturing cost per unit if the contribution approach is used. a. $28 b. $31 c. $36 d. $40

Reference no: EM13150375

Questions Cloud

Whats the ph of a solution : whats the ph of a solution of 1000 mg of vitamin C (176.1 g/mol) in water (Ka = 8*10^5) diluted to 254 mL
Compute value of the test statistic for hypothesis test : Compute the value of the test statistic for this hypothesis test. Using the p-value, at 95% confidence, test to determine whether the measures were effective in reducing the average price.
What mass of urea is produced per minute by the reaction : Ammonia gas at 223°C and 90. atm flows into a reactor at a rate of 680. L/min. Carbon dioxide at 223°C and 43 atm flows into the reactor at a rate of 600. L/min. What mass of urea is produced per minute by this reaction assuming 100% yield?
Does the data support the mayor-s claim : It was revealed that 120 people had only 1 admission, 81 had 2 admissions, 48 had 3 admissions, 18 had 4 admissions, 18 had 5 admissions, and 15 had 6 admissions or more admissions. Does the data support the mayor's claim?
Determine manufacturing cost per unit : _____ is the manufacturing cost per unit if the contribution approach is used. a. $28 b. $31 c. $36 d. $40
Determine amount of interest income : The present value of a $1,200,000 note payable in three equal annual installments of $400,000 at a 10% rate of interest is $994,800. What is the amount of interest income that should be recognized by Jacobs in 2010, using the effective-interest me..
How much heat is required to warm ice : How much heat is required to warm 225 g of ice from -44.7°C to 0.0°C, melt the ice, warm the water from 0.0°C to 100.0°C, boil the water, and heat the steam to 173.0°C?
Calculate the mass of water formed : Calculate the mass of water formed by the complete reaction of 935 g of propane (C3H8) with excess oxygen. (Write a balanced equation)
Determine the standard error for the sample mean : A mean of 1 centimeter and a standard deviation of 0.1 centimeter. A random sample of 12 computer chips is taken. what is the standard error for the sample mean?

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