Peak manufacturing produces snow blowers the selling price

Assignment Help Accounting Basics

Reference no: EM13576525

Peak Manufacturing produces snow blowers. The selling price per snow blower is $100. Costs involved in production are as follows. Direct material per unit: $20 Direct labor per unit: 12 Variable manufacturing overhead per unit: 10 Fixed manufacturing overhead per year: $148,500 In addition, the company has fixed selling and administrative costs of $150,000 per year. During the year, Peak produces 45,000 snow blowers and sells 30,000 snow blowers. How much fixed manufacturing overhead is in ending inventory under full costing?

Reference no: EM13576525

Questions Cloud

What are thompson hardware stores revenues expenses and : cash versus accrual basis of accounting. thompson hardware store commences operations on january 1 2008 when jacob

An article reported the following data on oxygen : an article reported the following data on oxygen consumption mlkgmin for a sample of ten firefighters performing a

Argus company makes 2 products x and y product x has a : argus company makes 2 products x and y. product x has a contribution margin of 6.00 per unit and product y has a

Assume that the 400000 in manufacturing overhead was driven : assume that the 400000 in manufacturing overhead was driven by the following activities.how much of the 400000 in

Peak manufacturing produces snow blowers the selling price : peak manufacturing produces snow blowers. the selling price per snow blower is 100. costs involved in production are as

Find the 95 confidence interval of the population mean age : in a study of 10 insurance sales representatives from a certain large city the average age of the group was 48.6 years

During march the varnishing department incurred costs of : during march the varnishing department incurred costs of 90250 for direct labor. the beginning inventory was 3500 units

The corporate tax rate is 35 percent what is the decrease : dream inc. has debt outstanding with a face value of 5 million. the value of the firm if it were entirely financed by

Calculate the gross margin per unit of the standard : calculate the gross margin per unit of the standard product under the current cost system.for this question only assume

User Account

All Pages