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 - The Chromosome Manufacturing Company produces two products, X and Y. The company president, Gene Mutation, is concerned about the fierce competition in the market for product X. He notes that competitors are selling X for a price well below Chromosome's price of P12.70. At the same time, he notes that competitors are pricing product Y almost twice as high as Chromosome's price of P12.50.
Mr. Mutation has obtained the following data for a recent time period:
Product X
Product Y
Number of units
11,000
3,000
Direct Materials cost per unit
P3.23
P3.09
Direct Labor cost per unit
P2.22
P2.10
Direct Labor hours
10,000
2,500
Machine hours
2,100
2,800
Inspection hours
80
100
Purchase orders
10
Mr. Mutation has learned that overhead costs are assigned to products on the basis of direct labor hours. The overhead costs for his time period consisted of the following items:
Overhead Cost item Amount
Inspection Costs P16,200
Purchasing Costs 8,000
Machine Cost 49,000
Total P73,200
Required -
1. Using the direct labor hours to allocate overhead costs, determine the gross margin per unit or Product X and Y?
2. Using ABC, determine the gross margin per unit for Product X and Y?
Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.
Prepare the journal entries to record the bond issue and interest expense.
Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.
Prepare Revenues budget and Production budget in units
Effect of exchange rate changes on cash and cash
You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.
A cost-benefit analysis of electronic medical records in primary care
Theory of Interest- Non-annual interest rates and annuities
How is job costing in service organizations different from job costing in manufacturing environments?
Accounting for bad debt expense
Accounting and Partnership problems
Development of relevant cash flows - Cost estimating and financial analysis
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