Find what is the total amount expressed on a per unit basis

Assignment Help Managerial Accounting
Reference no: EM132661959

Told-you So Organization's relevant range of production is 8,000 units to 12,500 units. When it produces and sells 11,000units, its unit costs are as follows:

                                                                                 Amount Per Unit

Direct materials.. . .. ... ... . .. . . . . . . . . . . . .. . . . . . $9.50
Direct labour. . . .. . .. ... . .. . .. . . . . . . ... . . . . . . ... $4.75
Variable manufacturing overhead. . . .. . . . . . . . .. . .. . . $2.50
Fixed manufacturing overhead. . . . . . . . . ... . . .. . .. . . $5.50
Fixed selling expense .. . . . . . . . . . . .. . . . . . . . .. . .. . . $3.70
Fixed administrative expense . . . .. . . . . . . . . . . .. . .. . . $2.50
Sales commissions . ............ . . . . . . . . .... . . . . . $2.00
Variable administrative expense. . . . .. . . . . . . . .. . . . . . $0.75

Problem A) For financial accounting purposes, what is the total amount of product costs incurred to make 11,000 units?

Problem B) For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?

Problem C) If 8,000 units are sold, what is the variable cost per unit sold?

Problem D) If 12,500 units are sold, what is the variable cost per unit sold?

Problem E) If 8,000 units are sold, what is the total amount of variable costs related to the units sold?

Problem F) If 12,500 units are sold, what is the total amount of variable costs related to the units sold?

Problem G) If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?

Problem H) If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced?

Problem I) If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to sup- port this level of production?

Problem J) If 12.500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

Problem K) If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis?

Problem L) If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred?

Reference no: EM132661959

Questions Cloud

Which factors effect the share price of confidence cement : Explain a incident which effect in the share price of the Confidence cement or For the EPS of confidence Cement is it effect the share price of this company?
What is the true tax rate in mills : If a district requires revenue of $1,526,400 and the sale value of all taxable property is $106,000,000 (to be assessed at 60 percent) what will the tax rate
Different views on the moral obligations of business : This is a graded discussion forum set up for discussing a variety of different issues concerning different views on the moral obligations of business.
Support the implementation of fintech : Q1: What are the factors affecting the implementation of Fintech?
Find what is the total amount expressed on a per unit basis : What is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis?
Is Rover correct in believing that a dividend better choice : Aleshia is in the 24% tax bracket, and Rover is subject to a 21% rate. Is Rover correct in believing that a dividend is the better choice? Why or why not
Economic value of christopher contract : What is the economic value of Christopher's contract on the date it was signed? Assume that the signing bonus was paid on that date
How is the distribution treated for tax purposes : The corporation distributes $50,000 to its sole shareholder, Abby, whose stock basis is $10,000. How is the distribution treated for tax purposes
What should the last two payments be if money : What should the last two payments be if money is worth 9% compounded semi-annually?

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