User Account

All Pages

What is the minimum acceptable bid per unit

Assignment Help Accounting Basics
Reference no: EM132737234

Question - Oz manufactures high-tech mobile phones. Oz has a policy of adding a 30% mark-up to full costs and currently has excess capacity. The following information pertains to the company's normal operations per month:

Output units 20 000 phones

Machine-hours 8 000 hours

Direct manufacturing labour-hours 5 000 hours

Direct materials per unit $25

Direct manufacturing labour per hour $20

Variable manufacturing overhead costs $175,000

Fixed manufacturing overhead costs $425,000

Product and process design costs $400,000

Marketing and distribution costs $475,000

Oz is approached by an overseas customer to fulfil a one-time-only special order for 1000 units. All cost relationships remain the same except for a one-time set-up charge of $15 000. No additional design, marketing or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order?

Reference no: EM132737234

Questions Cloud

Prepare journal entries for HopingYouPass Ltd : At year end, the unused component of the prepaid insurance amounted to $10 000. Prepare journal entries for HopingYouPass Ltd
Influenced by industry and technology : How the architecture in your area was influenced by industry and technology.
Health care facility and to physician financial survival : Accurate coding and billing are essential to a health care facility and to a physician's financial survival.
Primary information security threats facing wal-mart : What would you consider to be the two primary information security threats facing Wal-Mart? What should Wal-Mart do to deal with each of them?
What is the minimum acceptable bid per unit : No additional design, marketing or distribution costs will be incurred. What is the minimum acceptable bid per unit on this one-time-only special order
Health care facility and to physician financial survival : Accurate coding and billing are essential to a health care facility and to a physician's financial survival.
What can leaders do to establish and maintain : Organizational leadership requires an atmosphere of openness, trust, and honesty.
Develop policies for the firewall of your company : Develop policies for the firewall of your company with the usage of the IPtables utility in Linux. Your firewall should secure your computer from a series
Why is important to study organizational behavior : Why is important to study organizational behavior? Create a powerpoint Introduction slide 10 slides should be informational slides, the last slide should be.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Recommendations to improve the financial status

Write a 1750- to 2,050-word paper in APA format with citations and references that provides a financial comparison of the two companies and your recommendations to improve the financial status of each.

  What are the expected receipts from accounts receivable

The company's accounts receivable payment history is as follows: 30% in the month of sale, What are the expected receipts from accounts receivable

  Record all the transactions using double entries

Transferred $300 of his savings into a business bank account. Record all the transactions using double entries and ledger accounts (T-accounts)

  What are the average total assets

What are the Sales (also called Net Sales, Net Revenue, or Operating Revenue) for the most recent three years? This is normally the largest number.

  Complete the tabular summary

Complete the tabular summary of the effects of the alternative actions on the components of stockholders' equity and outstanding shares

  Mathias has been the sole proprietor of a clothing store

mathias has been the sole proprietor of a clothing store for many years. he intends to retire after holding a

  Wasson widget company is contemplating the production and

wasson widget company is contemplating the production and sale of a new widget. projected sales are 187500 or 75000

  Compute ending balance of work in process and finished goods

Compute the ending balances of Work in Process and Finished Goods as of June 30. Calculate the Cost of Goods Sold for June.

  What is the value of this investment

You can earn 8.2% per year on similar investments. What is the value of this investment if the first payment made to you is today

  Calculate the total social security and medicare tax burden

Calculate the total Social Security and Medicare tax burden on a sole proprietorship earning 2020 profit of $300,000, assuming a single sole proprietor

  Identify any regulatory framework

Identify any regulatory framework/s affecting the multinational company you have identified operating in Australia and discuss why and how it affects the company. For example, multinational corporations, like local companies, are subject to 30 per..

  Customized learning theory paper

Your final paper in this course will present your own customized theory of human learning and development. Everyone operates with a "theory" of what makes the best learning environment and how people grow and develop. The problem is that most educ..

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