Optical instruments produces 2 models of binoculas

Assignment Help Accounting Basics

Reference no: EM13604166

Optical Instruments produces 2 models of binoculas. Information for each is model is as follows: Model 100 Model 101 Sales price per unit $200 $135 Costs and expenses per unit: Direct materials $51 $38 Direct labor 33 30 Manufacturing overhead (applied at the rate of $18 per machine-hour, 1/3 of which is fixed and 2/2 variable) 36 18 Variable selling expenses 30 15 Total costs and expenses per unit $150 $101 Profit per unit 50 34 Machine hours required to product one unit 2 1 Total manufacturing overhead amount to $180,000 per month, one third of which is fixed. The demand for either product is sufficient to keep the plant operating at full capacity (10,000 machine hours per month). Assume that only one product is to be produced in the future.

Reference no: EM13604166

Questions Cloud

Rathman company purchased at a cost of 20779 and used 4248 : rathman company purchased at a cost of 20779 and used 4248 pounds of materials during may. rathmans standard cost of

Nikki gs corporations 10-year bonds are currently yielding : nikki gs corporations 10-year bonds are currently yielding a return of 6.10 percent. the expected inflation premium is

Determine the total sales the total cost of merchandise : the beginning inventory of merchandise at keats office supplies and data on purchases and sales for a three-month

Kelp company produces 3 joint products from seaweed at the : kelp company produces 3 joint products from seaweed. at the split-off point 3 basic products emerge sea tea sea paste

Optical instruments produces 2 models of binoculas : optical instruments produces 2 models of binoculas. information for each is model is as follows

The west division of shekarchi corporation had average : the west division of shekarchi corporation had average operating assets of 620000 and net operating income of 80100 in

Selkirk company obtained a 15000 note receivable from a : selkirk company obtained a 15000 note receivable from a customer on january 1 2013. the note along with interest at 10

Hart manufacturing operates an automated steel fabrication : 1.hart manufacturing operates an automated steel fabrication process. for one operation hart has found that 45 of the

Friou corporation manufactures and sells a single product : friou corporation manufactures and sells a single product. the company uses units as the measure of activity in its

User Account

All Pages