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

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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