Please help!

Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system. The following information is pro

telo118 [61]

Answer:

$12.40

Explanation:

Activity Estimated Indirect Allocation Base Estimated Q. of

Activity Costs Allocation Base

Materials handling $7,700 Number of parts 7,350 parts

Assembling $10,500 Number of parts 7,350 parts

Packaging $2,410 Number of units 1,470 bookshelves

The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per bookshelf?

materials handling cost per part = $7,700 / 7,350 parts = $1.05

assembling cost per part = $10,500 / 7,350 parts = $1.43

total cost per part = $2.48

cost per bookshelf = 5 x $2.48 = $12.40

6 0

3 years ago

_______ refers to changing one or more of a product's characteristics; while, a _______ is the development of a product closely

jeka57 [31]

Answer: PRODUCT MODIFICATION refers to changing one or more of a product's characteristics; while, a LINE EXTENSION is the development of a product closely related to one or more products in the existing product line but designed specifically to meet somewhat different customer needs.

7 0

3 years ago

On January 1, 2018, Surreal Manufacturing issued 600 bonds, each with a face value of $1,000, a stated interest rate of 3 percen

Hoochie [10]

Answer:

Period Bonds Interest Cash Increase in Bonds payable

Payable Expenses Paid Bonds payable at the end

2018 583352 23334.08 18000 5334.08 588686.1

2019 588686.1 23547.44 18000 5547.44 594233.5

2020 594233.5 23766.48 18000 5766.48 600000

Journal entries

Jan 01 2018

Cash account Dr $583352

Discount on Bonds Payable Dr $16648

Bonds payable Cr $600000

Dec 31 2018

Interest expense Dr $23334.08

Cash account Cr $18000

Discount on bonds Payable Cr $5334.08

Dec 31 2019

Interest expense Dr $23547.44

Cash account Cr $18000

Discount on bonds Payable Cr $5547.44

Dec 31 2020

Interest expense Dr 23766.48

Cash account Cr $18000

Discount on bonds Payable Cr $5766.48

Dec 31 2020

Bonds Payable Dr $600000

Cash account Cr $600000

01.01.2020 (Redemption at 101)

Bonds Payable Dr $600000

Loss on redemption of bonds Dr $11766.48

Cash account (600000*101%) Cr $606000

Discount on bonds payable Cr $5766.48

8 0

3 years ago

A firm plans to begin production of a new small appliance. the manager must decide whether to purchase the motors for the applia

KengaRu [80]

For amounts over 35,000 units, in house option A is cheaper.

Find the break even quantity (aka make the equations equal) of the outside vendor compared to each in-house option.

Vendor vs in house option A:

10x = 175,000 + 5x (subtract 5x from both sides)

5x = 175,000 (divide by 5)

x = 35,000 units

vendor is cheaper than option A up to 35,000 units

Vendor vs. in-house option B

10x = 190,000 + 4x (subtract 4x from both sides)

6x = 190,000 (divide by 6)

x = 31,667 (rounded to nearest unit)

vendor is cheaper than option B up to 31,667 units

7 0

3 years ago

Given the acquisition cost of product Z is $43, the net realizable value for product Z is $37, the normal profit for product Z i

Gnom [1K]

Answer:

proper per unit inventory value for product Z applying LCM is $38

Explanation:

given data

cost of product Z = $43

net realizable value product Z = $37

normal profit for product Z = $2

market value product Z = $38

solution

first we get here difference between Net realizable value and profit that is

Net realizable value - normal profit

= $37 - $2

= $35

so here now we get proper per unit inventory is

proper per unit inventory = lower of cost or market value

so here market value product Z is lower so

proper per unit inventory value for product Z applying LCM is $38

7 0

3 years ago