All categories

3 years ago

True Blue Corporation provided the data set forth above from its activity-based costing system.

Business

1 answer:

Sidana [21]3 years ago

8 0

Answer:

Unitary cost= $765.38

Explanation:

Giving the following information:

The company makes 430 units of product D28K a year, requiring a total of 690 machine-hours, 40 orders, and 10 inspection-hours per year.

The product's direct materials cost is $35.82 per unit and its direct labor cost is $29.56 per unit.

Unitary cost= direct material + direct labor + allocated overhead

We don't have enough information to allocate overhead.

Assuming the overhead gets allocated based on machine hours, I will invent an overhead rate and cost to allocate.

Estimated overhead= 300,000

Machine hours= 690

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 300,000/690= $434.78 per machine hour

A unit uses:

690/430= 1.61 machine hours

Unitary cost= direct material + direct labor + allocated overhead

Unitary cost= 35.82 + 29.56 + (1.61*434.78)= $765.38

You might be interested in

Determine your targetarket

mart [117]

Answer:

A target market refers to a group of customers to whom a company wants to sell its products and services, and to whom it directs its marketing efforts. Consumers who make up a target market share similar characteristics including geography, buying power, demographics, and incomes.

Hope it helps ya!. Please give me brainliest! ☞︎︎︎☜︎︎︎ thank you!

☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎☕︎

7 0

3 years ago

In 2017 Wilkinson Company had net credit sales of $2250000. On January 1, 2017, Allowance for Doubtful Accounts had a credit bal

mamaluj [8]

Answer:

$114,000

Explanation:

Given that,

Net credit sales = $2,250,000

Opening allowance for Doubtful Accounts = $36,000

Uncollectible accounts receivable written off = $90,000

Firstly, we need to find the excess amount to be adjusted to allowance for Doubtful Accounts. It is calculated as follows:

= Uncollectible accounts receivable written off - Opening allowance for Doubtful Accounts

= $90,000 - $36,000

= $54,000

Allowance amount:

= 10% of the balance in receivables

= 0.1 × $600,000

= $60,000

Therefore, the required adjustment to the Allowance for Doubtful Accounts at December 31, 2017 is determined by summing up the excess amount and allowance amount.

= Excess amount to be adjusted to allowance for Doubtful Accounts + Allowance amount

= $54,000 + $60,000

= $114,000

4 0

4 years ago

Dynamic Production Services started the year with total assets of $130,000 and total liabilities of $50,000. The company is a so

____ [38]

Answer:

C) $40,000.

Explanation:

As we know, the net income is a difference between the total revenues and the total expenditure incurred

Net income = Total revenues earned - Total expenditure incurred

= $100,000 - $60,000

= $40,000

By subtracting the total expenses from the total revenues we can find out the net income and the same method is applied in the above calculation

6 0

3 years ago

Calculate the value of a preferred stock that pays a dividend of $6.50 per share when the market's required yield on similar s

ser-zykov [4K]

Answer:

In order to find the value of a preferred stock we discount its future payments at the required yield on the stock. Because the preferred stock is perpetual in nature, meaning it pays the same amount forever, we can find it's value by dividing its dividend by its required yield. So in this case the dividend is 6.5 and the required yield is 14% so the value of the preferred stock is

6.5/0.14= $46.42

Explanation:

4 0

3 years ago

Helena showed a sample group of people some images that were taken from her company’s recent ad. The brand name was not shown in

Xelga [282]

Id say brand recognition but im not sure

8 0

3 years ago

Read 2 more answers