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
Sindrei [870]
3 years ago
5

Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's ant

icipated annual volume of 34,200 units. Per Unit Total Direct materials $15 Direct labor $5 Variable manufacturing overhead $11 Fixed manufacturing overhead $478,800 Variable selling and administrative expenses $5 Fixed selling and administrative expenses $171,000 The company uses a 40% markup percentage on total cost.Compute the total cost per unit.Total cost per unit $____________________
Business
1 answer:
Leto [7]3 years ago
7 0

Answer:

Total cost per unit is $77

Explanation:

Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units

= $478,800 ÷ 34,200 = $14 per unit

Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units

= $171,000 ÷ 34,200 = $5 per unit.

Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses

Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.

Markup = 40% of total cost = $55 × 40% = $22

Therefore, total selling price per unit = Cost per unit + Markup

= $55 + $22 = $77 per unit.

You might be interested in
If insurance premiums are going to be set below the actuarially fair level for a certain group, who will likely be targeted to m
Yanka [14]

Answer:A. government regulators and taxpayers.

Explanation: Insurance premium is the amount of money initially paid by an organisation which can be a profit making Organisation or non profit making Organisation or an individual before the start of an insurance policy.

An actuarially fair level is the compensation level that is commensurate with the premium of the policy holder.

IF THE INSURANCE PREMIUM IS TO BE SET BELOW THE ACTUARIALLY FAIR LEVEL THE GOVERNMENT AND TAX PAYERS WILL BE EXPECTED TO PAY THE FOR THE DIFFERENCE.

4 0
3 years ago
An internet consulting company uses its website to allow its corporate clients to obtain information, analyze data, and ask ques
FromTheMoon [43]
<span>this consulting company is using a b2b model.
B2b stands for business to business., it means that all the transactions that is made through this model will be done by a producer/company to another producer/company, usually b2b products took form in some sort of service that make it easier for another company to serve its customers.
</span>
6 0
3 years ago
Which of the following decisions is mainly a warehouse decision?
4vir4ik [10]
A. best location for storage facilities is your correct answer
6 0
3 years ago
depreciation expense and amortization expense represent ______ items requiring adjustments to net income under the indirect meth
vodka [1.7K]

Based on the information depreciation expense and amortization expense represent non-cash items.

Non-cash items has to do with expense that does not involve paying cash.

Depreciation expense and amortization expense are non cash item as no cash payment is involve.

Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.

Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.

Inconclusion  depreciation expense and amortization expense represent non-cash items.

Learn more about non-cash item here:

<em>brainly.com/question/23158497</em>

5 0
3 years ago
In one of the case studies in the textbook, Ernie Phillips was a CPA who had fallen on hard times both financially and personall
olga_2 [115]

Answer:

The fraud was discovered Option D: The operations manager found a check made payable to Phillips while searching Phillips' desk for some accounting records.

Explanation:

In the given case study, Ernie Phillips had got a job as a 'controller'. He had started writing checks to himself other than the payroll checks.

This fraud can be discovered when the operations manager found a check on Phillips desk which was payable to himself and it was other than the payroll check. Thus, Option D is the statement as an answer.

Cancelled checks do not have to do anything with the fraud, as per Option A, because cancelled checks are never cleared in the bank. The receiver doesn't usually receive a call before check clearance. So, Option B is also incorrect. No error was there in the check as stated in Option C.

8 0
3 years ago
Other questions:
  • Abdul, a manager at chrysum corp., was assigned the task of overseeing the operations in a foreign office for a week. before lea
    10·1 answer
  • When a manufacturing plant uses mathematical models to plan production schedules and to schedule equipment maintenance, it is dr
    6·1 answer
  • The following information is available for Bandera Manufacturing Company for the month ending January 31:
    14·1 answer
  • Opera Corp uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost
    15·1 answer
  • Question Help The following information pertains to the Flying Fig​ Corporation: Total Units for information given ​7,000 Fixed
    13·1 answer
  • Sales, Production, Direct Materials Purchases, and Direct Labor Cost Budgets The budget director of Gourmet Grill Company reques
    7·1 answer
  • New Agency, Debby just got a job as an assistant in a new federal agency called the Ac and auditing profession. The agency is he
    14·1 answer
  • Conduct an interview with a person in a management position at a consumer services-related organization. Central question: what
    6·1 answer
  • You are considering purchasing stock in Canyon Echo. You feel the company will increase its dividend at 3.9 percent indefinitely
    9·1 answer
  • How can a strong credit score help you to negotiate a better price on big purchases items, like cars
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!