User Account

All Pages

What is the cost per unit of Cheap

Assignment Help Accounting Basics
Reference no: EM132549973

Question - Hi Tech Products manufactures three (3) types of CD players: Cheap, Econo and Deluxe. Hi Tech uses an activity-based product costing system. The company has identified five (5) activities. Each activity, its cost and related activity driver are identified below: Activity Activity Cost Activity Driver Material handling $225 000 Number of parts Material insertion $2 475 000 Number of parts Automated machinery $840 000 Machine hours Finishing $170 000 Labour hours Packaging $170 000 Orders shipped Total manufacturing cost $3 880 000 The following information pertains to each product line of CD players: Cheap Econo Deluxe Units to be produced 10 000 5000 2000 Orders to be shipped 1000 500 200 Number of parts per unit 10 15 25 Machine hours per unit 1 3 5 Labour hours per unit 2 2 2 Under an activity-based product costing system, what is the cost per unit of Cheap?

Reference no: EM132549973

Questions Cloud

Find the amounts of the components of pension expense : Amortization of prior service cost was $49,500 in 2020. Find the amounts of the components of pension expense that should be recognized by the company in 2020
How can both of these claims be true : Tread Master lost any weight at all. The rest of them gained weight. How can both of these claims be true - saw a commercial for the Tread Master
What does accounting harmonisation mean : What does accounting Harmonisation mean? Differentiate Harmonisation from convergence or adoption. What are the advantages of having one set of accounting
Determine the total material variance : Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; Determine the total material variance
What is the cost per unit of Cheap : Hi Tech Products manufactures three (3) types of CD players: Cheap, Econo and Deluxe. What is the cost per unit of Cheap
Role of leadership in promoting effectiveness in education : Critically analyse the role of leadership in promoting effectiveness in education and Critically analyse the role of leadership in devising an innovative
Calculate the value of closing inventory as at march : Calculate the value of closing inventory as at 31 March 2020 and value of issues to production for March 2020 using the Weighted average cost method.
What factors bank consider before providing the financing : In your opinion, what factors bank should consider before providing the financing? In addition which type of risk the bank will take for providing
Create linear programming model for the Smith : Producing each pair of pajamas requires 0.75 hours of sewing time and 2 hours of cutting time. Create linear programming model for the Smith

Reviews

Write a Review

Accounting Basics Questions & Answers

  Prepare the current assets section of the statement

Prepare the current assets section of the statement of financial position as at May 31. (List Current assets in order of liquidity.)

  Discussing the operating budget and variance analysis

ACC 202: Final Project Budget Variance Report. In your opening paragraph, very briefly introduce the purpose of your paper. Recall that you will be discussing the operating budget and variance analysis as explained in your rubric instructions. Thre..

  Create the journal entry to record regis companys payroll

Create the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers to 2 decimal places.).

  Prepare a cash budget for the first quarter

The tax rate is expected to be 40 percent. All taxes are paid in the quarter they are incurred. Prepare a cash budget for the first quarter

  Compute the missing amounts

Smith Company has the following account balances, extracted from its multiple-step income statement for the current year. Compute the missing amounts

  Estimated overhead and direct labor costs for the year were

25. products that are in the process of being manufactured but are not yet complete are called a raw materials

  Course in your chosen or anticipated profession

For the final discussion, take a moment to think back to where you were when you began this class ( I have a basic accounting background, I studied General Accounting) and where you are now . In your initial post, address the following:

  Explain how to record the patent

At May 5, 2011, MacDougal's common stock was quoted at $34 per share, and the patent had a carrying value of $55,000 on Masset's books. MacDougal should record the patent at.

  Discuss diagrams to an auditor rea diagram

In your opinion, which diagrams are more useful to an auditor, REA diagrams or data flow diagrams and flowcharts? Or do these diagrams each serve a unique role

  What is the order for system survey

What is the order for system survey, initial investigation, feasibility study, determination of information needs and system requirenments

  Discounted cash flow valuation

For this last course project assignment you will explore the company-level valuation. Using the same company that you have analyzed throughout the course, prepare a paper that discusses the following items.

  What is the labor efficiency variance

The following information is available for York Company.

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