All categories

3 years ago

Fogerty Company makes two products, titanium Hubs and Sprockets. Data regarding the two products follow:

Business

1 answer:

Oliga [24]3 years ago

6 0

Answer:

Hubs Sprockets

Direct Materials 29 17

Direct Labor 13.3 5.7

Overhead 14.65 0.24

Unit Cost 56.95 22.94

Explanation:

Labor:

Hubs: 0.7 hours per unitx 19 labor rate = $13.3

Sprockets 0.3 x 19 = $5.7

Direct Materials:

Hubs $29

Sprockets $17

Overhead rate

Activity Pool Hub Sprockets

Machine Setups 225 125(55.56%) 100(44.44%)

Special processing 3900 3900

Machine Setups

27,000 x 55.56% /13,000 units: $ 1.1538

27,000 x 44.44% / 50,000 units $ 0.24

Special Processing

175,500/13,000 = $13.5

Total overhead

sprockets: $0.24

hubs: $14.65

Units cost:

hubs: 13.3 + 29 + 14.65 = 56.95

sprockets: 5.7 + 17 + 0.24 = 22.94

You might be interested in

The lower a firm's inventory turnover, the longer it takes the firm to collect payment on its sales. a. faster the firm collects

Doss [256]

Answer:

The answer is C. longer inventory sits on the firm's shelves

Explanation:

The Inventory turnover is the number of times inventory is sold or used during a given period of time.

The formula is:

cost of goods sold/average inventory.

A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)

4 0

3 years ago

Sourcing goods and services from different locations around the globe in an attempt to take advantage of national differences in

andreyandreev [35.5K]

Answer:

b. Production

Explanation:

Global Value Chains have been successful over the years due to most components being produced in the country where it is cheaper to do so and then the final output is integrated in other country.

Thus globalization of production has enabled firms to take advantage of national differences in the cost and quality of factors of production.

5 0

3 years ago

Down payment assistance programs offer grants and affordable loans to help offset the upfront cost of homeownership

Law Incorporation [45]

Homebuyer programs provide access to down payment funds to help more families take advantage of these record low-interest rates now. 3. Helps offset FHA premiums and mortgage insurance. Over the years, FHA has been the primary place for many first-time homebuyers to get a low-cost, low down payment loan.

8 0

3 years ago

Read 2 more answers

Johnson & Johnson learns about consumer needs by understanding the environment in which a product is used and the different

Sergio [31]

Answer: Social Networking

Explanation:

Social networking service which is also referred to as the social networking site is known as an online podium which individual uses in order to build the social networks also referred to as the social relationship with other individual who tend to share the analogous career concerns, activities, history or other connections.

6 0

3 years ago

The most common source of income is business ownership. A. True B. False

Ludmilka [50]

B.Flase
youre welcome

7 0

3 years ago

Read 2 more answers