Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Ace Manufacturing earns revenues of $2,100,000 annually on 150,000 unit sales of industrial part. The part is priced at $14 each. A potential customer, in industry that the company has not previously served, asks ACE to submit a bid for a similar product that ACE could produce in the same facility using much of the same capital equipment. The new customer would purchase 30,000 units annually. After evaluating this customer's needs and identifying the substitute product, ACE's sales engineers conclude that a bid in the range of $10 per unit would be required to win this account. However, since the durability required by this customer was below ACE's usual standards, the engineers felt that cheaper materials could be used. ACE's engineers estimate that the variable cost of manufacturing this product, using the cheaper materials, will be $2.50/unit. ACE will also require some additional production capacity that will increase fixed costs by $90,000. G&A costs to service this account will be approximately $60,000 annually. What is the relevant unit cost for making this pricing decision?
Determine the predetermined overhead rate. Determine the amount of overhead applied during the year. Was overhead overapplied or underapplied? How much?
Kiel Center sells only on credit (no cash sales). Prior collection patterns describe that 28% of month's sales are gathered in the month of sale, 51% are collected in month after the sale, and 19% are collected in second month after the sale.
Galaxy Disk's projected operating income for 2008 is $200,000, based on a sales volume of 200,000 units. Galaxy sells disks for $16 each. Variable costs consist of the $10 purchase price and a $2 shipping and handling cost. Galaxy's annual fixed c..
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Recognize which costing system? Job order or processcost? The following companies would primarily employ: (a) Quaker Oats, (b) Ford Motor Company, (c) Kinko's Print Shop, and (d) Warner Bros. Motion Pictures
Assume that for the second quarter in row, profits are down at Waterfall division. Division Management budgeted $250,000 in profits for the second quarter but actual results were only $197,000 in profits.
Describe how a flexible budget lends itself to cost-volume-profit analysis.
Expected manufacturing costs for Imperial Data Devices are as follows: Estimate manufacturing costs for production levels of 11,000 units, 13,500 units, and 16,000 units per month.
What are some of the potential problems which might be encountered in changing from a budget to a cost estimation movie making system?
Prepare Photo Artistry Company's master budget for 2014 by completing the schedules Prepare a memo for Photo Artistry Company identifying issues that management should consider in order to improve the profitability of the company; provide some r..
Give five disadvantages to using an activity-based costing system: Based on these answers, why would a company who only makes a few products not want to use such a system?
CollegePak Company produced and sold 60,000 units throughout the year just ended at an average price of $20 per unit. Variable manufacturing costs were $8 per unit, and variable marketing costs were $4 per unit sold.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd