What is the cost per unit of Cheap

Assignment Help Accounting Basics
Reference no: EM132562055

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

Required - Under an activity-based product costing system, what is the cost per unit of Cheap?

Reference no: EM132562055

Questions Cloud

How might one go about factoring a larger number : Is it ethical for psychologists to deceive research participants on the methods and objectives of their research? What are ways that protect subjects.
How to prepare separate operating statements on marginal : Shaheen ltd manufactures around 10,000, How to Prepare separate operating statements on marginal costing and absorption costing for three periods.
Who is the best leader you ever had : Who is the best leader you ever had, and what made that person a good leader (what did he or she do for you?) Was it in a workplace setting, school, sports.
Chemical and biological weapons are worse : Chemical and biological weapons are worse - morally and/or lethally - than other wartime munitions.
What is the cost per unit of Cheap : Hi Tech Products manufactures three (3) types of CD players: Cheap, Econo and Deluxe. Under an activity-based product costing system, what is the cost per unit
Create rule for optimal transfer pricing : Create rule for optimal transfer pricing referring to 'direct costs' and 'opportunity costs'. What would happen to the total profit of the entire group.
Explain the difference between leaders and managers : Explain the difference between leaders and managers, as well as the influence and power they may have on the success of this organization.
Will the top managers in each plant prefer to use cost : Will the top managers in each plant prefer to use cost or market price as the transfer price? Explain. Determine the return on investment for each plant
Identify current impacts of current economic reforms : Identify the current impacts of current economic reforms on you based on your gender and age.

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