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!
Question - Coastal Cycles makes three models of electric bicycles: E20, E35, and E60. The models differ by the size of the battery and the quality of the components. The bicycles are produced in two departments. The Assembly Department purchases components from vendors and assembles them into bicycles. The models E20 and E35 are complete and ready for sale after completing the assembly process. The model E60 undergoes further process in Customization Department, which is actually just a small area in the same building as the Assembly Department.
Conversion costs in both the Assembly Department and Customization Department are based on the number of units produced. There are never any work-in-process inventories. Data for production in November are shown in the following table.
Total
E20
E35
E60
Units produced
7,000
3,000
2,500
1,500
Materials cost
$4,900,000
$1,500,000
$1,900,000
Conversion costs Assembly 4,410,000
Customization 525,000
Total conversion costs $4,935,000
Required - What is the cost per unit transferred to finished goods inventory for each of the three models in November?
Prepare a single-step income statement and a retained earnings statement. Assume that the only changes in retained earnings during the current year were from net income and dividends.
Advise Oscar Ltd if that should be not shown on the balance sheet but disclosed in the notes to the financial statements and shown as a liability on its balance
Heartstrings sold 25 of these packages for a total of $11,280 in cash. For the month of October, calculate the amount of revenue that Heartstrings will recognize.
murdock company has a spanish subsidiary whose functional currency is the euro.nbsp relevant translated data for the
A company operates a piecework payment scheme. Workers receive $.60 for each unit produced. What are worker A earnings for the week
Prepare the December 2009 journal entries to record the newsstand sales and subscriptions received. (assume that the debit is to cash)
Find cost relevant in deciding whether to move the manufacturing facility to a different location - Brown Manufacturing Company
Compute the selling price per composite unit, compute the variable costs per composit unit and compute the break-even point in composite unites?
Draw cash budget. The firm anticipates a delivery of new equipment in September 2015 Tshs. 1,000,000 will be paid upon delivery.
Calculate (1) the NPV of investing today as if it were a now-or-never alternative, (2) the NPV (at t = 0) of waiting one year before making a decision, and (3) the NPV of investing today, including all opportunity costs.
Prepare the companys direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced. (Omit the "$" sign i..
During August, Altamont Machine Company started production orders 118, 117, and 118. Determine the cost of goods sold for the month of August
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