1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mash [69]
3 years ago
9

Problem 7-17 Comparing Traditional and Activity-Based Product Margins [LO7-1, LO7-3, LO7-4, LO7-5] Smoky Mountain Corporation ma

kes two types of hiking boots—Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathfinder Selling price per unit $ 140.00 $ 99.00 Direct materials per unit $ 72.00 $ 53.00 Direct labor per unit $ 24.00 $ 12.00 Direct labor-hours per unit 2.0 DLHs 1.0 DLHs Estimated annual production and sales 20,000 units 80,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Estimated total manufacturing overhead $1,980,000 Estimated total direct labor-hours 120,000 DLHs
Required: Compute the product margins for the Xtreme and the Pathfinder products under the company’s traditional costing system.
Business
1 answer:
Gelneren [198K]3 years ago
4 0

Answer:

product margins for the Xtreme and the Pathfinder is 7.9% and 17.7% respectively.

Explanation:

Estimated total manufacturing overhead $1,980,000 Estimated total direct labor-hours 120,000 DLHs, then manufacturing overhead per hour is $33 = 1,980,000/120,000 = $16.5

Please see the detailed calculation in excel attached.

Download xlsx
You might be interested in
________ are special incentives or excitement-building programs that encourage consumers to purchase a particular product, often
Ahat [919]

Answer: Sales promotion

Explanation: Sales promotion are special sales program used to draw customers to a particular product by applying price cuts for a particular period. Sales promotion are used simultaneously with adverts to pull customers to their product.

6 0
3 years ago
How can you change your city
Mice21 [21]

Answer:

cleaning up trash off the side of the road...

8 0
2 years ago
True or False: Homeowners in states like Texas or Florida may have to purchase special insurance based on their home's geographi
zlopas [31]
True, it’s a good idea because it helps protect your home and other assets
3 0
2 years ago
Read 2 more answers
Harlose Suits faced a lot of complaints from customers when its recent batch of goods was dispatched. The employees at Harlose S
Mekhanik [1.2K]

Answer:

External failure costs.

Explanation:

These are explained to be the faults or defects a customer finds out or see after receiving his good and leaves the factory or finds out when goods or services has been delivered to him/her.

This can be either internal or external. When seen to be an internal aspect of the failure, costs result from identification of defects before they are shipped to customers. Some of these could include rejected products, reworking of defective units, scrap and also downtime caused by quality problem. It is said that a firms appraisal activities creates chances greater than the chance of catching defects internally and the greater the level of internal failure costs. This is the price that is paid to avoid incurring external failure costs, which can be devastating.

4 0
3 years ago
The flying of new employees to a three-day training session at Uberversity in San Francisco to learn about the company is part o
scoray [572]

Answer:

e) onboarding

Explanation:

Onboarding is the process by which new employees are introduced to the companie's culture including operational procedures and training on their job roles.

Onboarding is an important step in making the employee more efficient on the job. It is also called organisational socialising.

In the given scenario where new employees fly to a three-day training session at Uberversity in San Francisco to learn about the company, is an onboarding process.

5 0
3 years ago
Other questions:
  • Which of these is an example of an employer using benefits to encourage employees to stay with the company?
    11·2 answers
  • Mr. Decker invested $20,000 in cash in his new business. How does the company record the investment?
    7·1 answer
  • A chemical manufacturer is setting up capacity in Europe and North America for the next three years. Annual demand in each marke
    10·1 answer
  • Exhibit 4.1 The balance sheet and income statement shown below are for Koski Inc. Note that the firm has no amortization charges
    5·1 answer
  • In the long run, money demand and money supply determine
    10·1 answer
  • The human resource management discipline that covers all of the things that need to happen to get people interested in working f
    11·2 answers
  • If returns of​ S&P 500 stocks are normally​ distributed, what range of returns would you expect to see​ 95% of the​ time? Ba
    9·1 answer
  • Business activity monitoring called
    10·1 answer
  • Roger remembers from a business class he took years ago in college that there are several business forms to choose from. Each fo
    10·1 answer
  • Planet Earth Developers is a large nationwide construction company with home offices in Lansing, MI. The local media often remar
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!