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!
Question - California Co. manufactures large valves for industrial use. The VP for marketing concluded from market analysis that sales were dwindling due to aggressive pricing by competitors. Sugarland's valve sells for $900 whereas the competition's comparable valve sells for $700. Jane determined that a price drop to $700 would be necessary to retain market share and annual sales of 5,000 valves.
Cost data based on sales of 5,000 valves:
Budgeted Quantity
Actual Quantity
Actual Costs
Direct Materials (pound)
90,000
72,000
$900,000
Direct Labor (hours)
80,000
$720,000
Machine Setup (# of setups)
30,000
28,000
$840,000
Assembly (machine hours)
50,000
44,000
$440,000
Required -
a) Determine the current cost per unit based on actual data?
b) Determine the current profit per unit based on actual data?
c) If the current level of profit dollar per unit is maintained, determine the target cost per unit?
d) In order to reduce costs so as to reach the desired target cost, the company should also focus on reducing the cost of what manufacturing costs?
cowboy company wishes to sell a machine with a book value of 40000. the income tax rate is 30.the machine is sold for
Installment sales for 2010: $1,050,000. Under the installment method, company's deferred gross profit at December 31, 2010 would be
Why, Should Spider record the revenue it earns from placing ads for various third-party advertisers on Web sites owned by the partners on a gross or net basis?
Closing costs were $3,800, plus Gabon paid $48,000 for site preparation. Calculate the amount that should be recorded as the cost of the land
What entries are required to correct the error and correctly state the balances in the impacted accounts
entries and schedules for unfinished jobs and completed jobs sinatra industries inc. uses a job order cost system. the
A tornado damaged Angela's home. Prior to the storm, her living expenses were $1,200 a month. What the amount that Angela must include in gross income
What amount should be credited to share premium as a result of the issuance of the preference share and its subsequent conversion into ordinary share
What is the last day Ralph can deposit the funds from Red Investments and avoid taxation in the current year
Examine the underlying historical and economic reasons
On January 1, 2019, Whitmore Corp Issues $600,000 of 9% 15 year bonds that pay interest annually on December 31st each year. Bonds of similar risk and maturity.
Materials-all direct $70,000 Work-in-process 41,000 Finished goods 26,000. Find the adjusted cost of goods sold, after under or overapplied overhead
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