User Account

All Pages

How much of ratliff co change in income

Assignment Help Cost Accounting
Reference no: EM132596142

Ratliff Appliances Company makes a household appliance with model number RM16. The goal for 2020 is to reduce direct materials usage per unit. No defective units are currently produced. Manufacturing conversion costs depend on production capacity defined in terms of RM16 units that can be produced. The industry market size for appliances increased 10% from 2019 to 2020.

The following additional data are available for 2019 and 2020:

                                                                          2019                             2020

Units Produced & Sold                              33,000                         37,950

Selling Price                                             $ 360                        $ 345

Direct Materials (square feet)                      82,500                       87,000

Direct Material Costs per square foot                $ 31                        $ 33

Manufacturing capacity (units)                          41,250                   39,850

Total Conversion Costs                                    $ 866,250                 $ 797,000

Conversion Costs per unit of capacity                    $ 21                       $ 20

Question 1: how much of Ratliff Co's change in income from 2019 to 2020 is due to a cost leadership strategy?

Reference no: EM132596142

Questions Cloud

Analyze the implications of communication methods used : Analyze the implications of communication methods used when sharing health information. Consider communication from physicians, pharmacies, and consumers.
How much of ratliff co change in income due to a product : Ignoring the market growth, how much of Ratliff Co's change in income from 2019 to 2020 is due to a product differentiation strategy?
Compute the budgeted cost of purchases for each month : Cost of goods sold is 30 percent of expected sales. Compute the budgeted cost of purchases for each month in the second quarter
How was the success of the program or policy measured : Program/policy evaluation is a valuable tool that can help strengthen the quality of programs/policies and improve outcomes for the populations they serve.
How much of ratliff co change in income : How much of Ratliff Co's change in income from 2019 to 2020 is due to a cost leadership strategy?Ratliff Appliances Company makes a household
Describe the healthy meal : Describe the healthy meal that you have created from the fast food restaurant using the nutritional value of menu items.
Explain multicultural communication and its origins : Explain multicultural communication and its origins. Explain how cultural and religious differences affect the health care professional and the issues that can.
Compute the total cost assigned to ending work in process : Compute the total cost assigned to ending work in process. Aaron Company applies the weighted-average method of process costing.
BIT405 Business Intelligence Assignment : BIT405 Business Intelligence Assignment Help and Solution, Emirates College of Technology - Assessment Writing Service

Reviews

Write a Review

Cost Accounting Questions & Answers

  What is the profit at the budgeted level of production

What is the profit at the budgeted level? Compute the break-even point in units and the margin of safety in units at the budgeted level of production.

  Gross profit margin and operating income margin

Gross profit margin and operating income margin; and (3) net income to sales (profit margin). (d ) Do these ratios provide adequate information to measure this characteristic or are additional data needed? If so, provide two examples of other data..

  Prepare a schedule of cost of goods manufactured

Prepare a Schedule of Cost of Goods Manufactured in good form for 2016 with the proper heading. Be sure to double rule where necessary.

  Calculate the cost of abnormal spoilage in september

Calculate the cost of abnormal spoilage in September. Calculate the cost of ending work in process at the end of September.

  Calculate the cost of manufactured products

Chronologically, Calculate the cost of manufactured products using the FIFO method. Show the quantity movements on the inventory card.

  Ariba coffee company roasts and packs coffee beans the

ariba coffee company roasts and packs coffee beans. the process begins by placing coffee beans into the roasting

  Calculate the removal costs of the existing equipment net

Compute the depreciation tax shield. (Round PV factor to 3 decimal places.) Calculate the removal costs of the existing equipment net of tax effects.

  How to compute the company break-even point in unit sales

lf the company uses variable costing Compute the unit product cost for year 1, year 2, and year 3. and Compute an income statement for year 1, year 2 and year 3

  How variable costs change as activity measures change

What are your fixed costs? Segregate them in the budget model. How variable costs change as activity measures change. How can this information be applied?

  Solve fixed overhead volume and expense variances

Solve Fixed Overhead Volume and Expense Variances. Actual overheads were Rs. 525,000 out of which a sum of Rs. 40,000 was fixed

  What is the per-unit overhead cost of economy

What is HiTech's pool rate for the material-handling activity - what is HiTech's pool rate for the automated machinery activity and under an activity-based costing system, what is the per-unit overhead cost of Economy?

  Prepare a coq report and classify the cost as prevention

Prepare a cost-of-quality (COQ) report and classify the costs as prevention, appraisal, internal failure, and external failure. Express each category subtotal as a percentage of total COQ.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd