User Account

All Pages

What selling price per unit will this company require

Assignment Help Accounting Basics
Reference no: EM131969134

Question - Billy Company has just received a special, one-time order for 1,000 units. Producing the order will have no effect on the production and sales of other units. The buyer's name will be stamped on each unit, at a cost of $2,000. Normal cost data, excluding stamping, follows:

Direct materials $10 per unit

Direct labor 16 per unit

Variable overhead 4 per unit

Allocated fixed overhead 12 per unit

Allocated fixed selling expense 8 per unit

What selling price per unit will this company require to earn $3,000 on the order?

Reference no: EM131969134

Questions Cloud

Prepare a brief document : As a project manager prepare a brief document that you could use as a guide for when you write reports. This can be a bullet point
How much will earl need to deposit semi-annually : How much will Earl need to deposit semi-annually in an account paying 4.5% annual interest, to be able to pay for a funeral in 60 years?
What is the total amount of overhead cost assigned : Racer X Corporation manufactures two models of motorized go-carts and a standard. What is the total amount of overhead cost assigned to the standard model?
Project manager of a new project : You are the Project Manager of a new project, In your opinion, what should be done to ensure that information that will be used for making
What selling price per unit will this company require : Billy Company has just received a special, one-time order for 1,000 units. What selling price per unit will this company require to earn $3,000 on the order
Information management techniques : Describe what information management techniques were employed to monitor timelines for the project? Was this successful and what other information management
Finding the after tax return : You earn six percent on your corporate bond portfolio this year, and you are in a 25 percent federal tax bracket and an eight percent state tax bracket.
How should she determine when to ship a product : Is this an ethical way to conduct business? How should she determine when to ship a product with known defects?
Describe how current project records where maintained : Describe How current project records where maintained? Who had responsibility for this? Give a critique and provide some recommendations on how this process cou

Reviews

Write a Review

Accounting Basics Questions & Answers

  Stackhouse international inc completed its first year of

stackhouse international inc. completed its first year of operations on june 30 2010. the firms income statement for

  What amount of interest will be attributed to jerry

What amount of interest will be attributed to Jerry for year 2011 that will go toward his profit distribution for the year

  What is implied annual interest rate inherent in credit term

LOL company purchased merchandise with an invoice price. Assuming a 360 day year , what is the implied annual interest rate inherent in the credit terms?

  Provide specific information about economic resources

A. Name the titles of the financial reports in theIntel Corp. annual report that provide specific information about economic resources, claims to resources, and changes in resources and claims.

  Technology company which operates a chain of 30 electronics

technology company which operates a chain of 30 electronics supply stores has just completed its fourth year of

  Basis for adjusting entries-annual adjustments

The following account balances are taken from the records of Laugherty Inc. at December 31, 2014. The Supplies account represents the cost of supplies on hand at the beginning of the year plus all purchases. A physical count on December 31, 2014, ..

  Does snap-on treat shipping and handling costs as product

Advertising and promotion- Does Snap-on treat shipping and handling costs as product or period costs (or both)? How can you tell?

  Buff company purchased equipment for 500000 cash on july 1

buff company purchased equipment for 500000 cash on july 1 2006. the estimated life is 5 years or 1000000 units salvage

  If the beginning and ending goods in process inventories

if the beginning and ending goods in process inventories are 5600 and 14500 respectively and cost of goods manufactured

  Amount of social security taxes

Ben and Jack both earned $60,000 this year. Ben (age 30) is married with two children, and Jack (age 68) is single with no dependents. Which of the following is true regarding the amount of Social Security taxes they will pay?

  Determining amounts for items omitted from income statement

Determining Amounts for Items Omitted from Income Statement, Two items are omitted in each of the following four lists of income statement data

  Opportunity cost of capital

The rate o a five-year CD is 6 percent. Should you refinance your mortgage or invest the $3,000 in a CD? The 6 percent CD rate is your opportunity cost of 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!

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