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3 years ago

Bloom’s has the following estimates for the upcoming year:

Business

1 answer:

atroni [7]3 years ago

8 0

Bloom’s has the following estimates for the upcoming year:

Activity Cost Pool Estimated Overhead Cost Activity Rate

Machine-hours $63,450 $2.70 per machine-hour

Machine setups $45,900 $170 per setup

Product testing $119,000 $119 per test

Cost and activity information for two of Bloom’s products is as follows:

P34 W85

Direct materials $33,500 $29,750

Direct labor $18,500 $26,000

Machine-hours 1,470 1,170

Machine setups 22 77

Tests 47 47

Number of units

produced during the year 10,000 25,000

Required:

Compute the unit product cost for product P34.Bloom’s has the following estimates for the upcoming year:

Activity Cost Pool Estimated Overhead Cost Activity Rate

Machine-hours $63,450 $2.70 per machine-hour

Machine setups $45,900 $170 per setup

Product testing $119,000 $119 per test

Cost and activity information for two of Bloom’s products is as follows:

P34 W85

Direct materials $33,500 $29,750

Direct labor $18,500 $26,000

Machine-hours 1,470 1,170

Machine setups 22 77

Tests 47 47

Number of units

produced during the year 10,000 25,000

Required:

Compute the unit product cost for product P34.Bloom’s has the following estimates for the upcoming year:

Activity Cost Pool Estimated Overhead Cost Activity Rate

Machine-hours $63,450 $2.70 per machine-hour

Machine setups $45,900 $170 per setup

Product testing $119,000 $119 per test

Cost and activity information for two of Bloom’s products is as follows:

P34 W85

Direct materials $33,500 $29,750

Direct labor $18,500 $26,000

Machine-hours 1,470 1,170

Machine setups 22 77

Tests 47 47

Number of units

produced during the year 10,000 25,000

Required:

Compute the unit product cost for product P34.

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There's an error in the numbers for this question; I found the correct one and pasted it below;

"Great Lakes Steel Supply is losing significant market share and thus its managers have decided to decrease the firm's annual dividend. The last annual dividend was $1.30 per share but all future dividends will be decreased by 2.75 percent annually. What is a share of this stock worth today at a required return of 15.5 percent? "

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