How do calculate the total cost of the product

Assignment Help Managerial Accounting
Reference no: EM132639712

Question 1: Imagine you make SmartWater. Estimate the cost to manufacture a bottle of water and get it onto a convenience store shelf. You will sell this bottle of water for $1.50 How much profit will you earn from each bottle.

Question 2: Make a brief itemized list of the costs you will incur in step 1 above. Also calculate the total cost of your product.

You are completely "guesstimating" on your first response.

Reference no: EM132639712

Questions Cloud

Examine the causes of the british changing trade pattern : Examine the causes of the British changing trade pattern with reference to the Gravity Model.
Vans or starbucks : With the explosion of users on social media sites, businesses need to establish their presence on social media sites. Just search for "Vans" or "Starbucks"
Explaining international trade patterns among nations : How does the Ricardian model differ from the H-O theory in explaining international trade patterns among nations.
What is the amount of their excess SST : Jason paid Social Security taxes in the amount of $4,373, and Ester paid $8,588.80. What is the amount of their excess SST
How do calculate the total cost of the product : Calculate the total cost of your product. Estimate the cost to manufacture a bottle of water and get it onto a convenience store shelf.
What is the difference between gdp and gnp : What is the difference between GDP and GNP? What are the limitations of GDP as a measurement tool.
What amount of the expenses will qualify for credit : Judy's expenses for her third year at a university include the following: $3,000 for tuition, What amount of the expenses will qualify for Credit
Predicted impact of this inflow of financial capital : In the 2008 global financial crisis, many investors considered the U.S. economy a safe place to move their assets.
Develop and test a software application : Develop and test a software application that employs a Graphical User Interface (GUI) developed using JavaFXand a graph data structure which is configured

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Determine the number of wvd drums

Determine the number of WVD drums (if any) that should be purchased and the number of WVD drums and/or bike frames (if any) that should be manufactured.

  Which division d sales were closest

Division D's sales were closest to which of the following?During April, Division D of Carney Company had a segment margin ratio of 15%

  What is the price variance for direct labor

What is the price variance for direct labor? Assume no beginning/ending inventory for simplicity. The cost-allocation base for both variable and fixed overhead

  Managerial accounting-commercial airplane manufacturing

Compute the company's break-even point in number of wide-body passenger jets and in dollars of sales. Suppose the company plans to sell 99 wide-body passenger jets in 2012. Compute the company's projected operating profit.

  Prepare a classified balance sheet or report form

Prepare a classified balance sheet (report form)

  Calculate the ending inventory and cost of goods

Summary of the beginning inventory and purchases. Calculate the ending inventory and cost of goods sold using the weighted-average method.

  How much is the manufacturing overhead of product B

The company allocates overhead based on units produced. How much is the manufacturing overhead of product B in the cutting department?

  What is the estimated ending inventory

What is the estimated ending inventory utilizing the gross profit method.

  Lead financial analyst for a company

You are the lead financial analyst for a Company and have the most knowledge and understanding regarding this Company's operations and financial condition.

  Why each account may require adjustment prepaid insurance

xplain why each account may require adjustment Prepaid Insurance and Depreciation Expense and Unearned Service Revenue.

  Assume the sales mix remains unchanged

Use Pepperpike Coffee's operating leverage factor to determine its new operating income if sales volume increases 15%. Prove your results using the contribution margin income statement format. Assume the sales mix remains unchanged.

  What ways can management accountants adapt

Do you agree with above statement and what ways can management accountants adapt the services they provide to the new environment?

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