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3 years ago

The total factory overhead for Bardot Marine Company is budgeted for the year at $600,000, divided into four activities:

Business

1 answer:

Gnesinka [82]3 years ago

5 0

Answer:

Bardot Marine Company

a. Activity rates for each activity:

Fabrication = $40.80/dlh

Assembly = $26.25/dlh

Setup = $222.86/dlh

Inspection = $51.92/dlh

b. The activity based factory overhead per unit for each product:

Speed Bass

Boats Boats

Factory Overhead per unit $927.25 $1472.70

Explanation:

a) Data and Calculations:

Activities Budgeted Speed Bass

Overheads Boats Boats Total Activity rates

Fabrication $204,000 2,000 dlh 3,000 dlh 5,000 dlh $40.80/dlh

Assembly $105,000 1,000 dlh 3,000 dlh 4,000 dlh $26.25/dlh

Setup $156,000 300 dlh 400 dlh 700 dlh $222.86/dlh

Inspection $135,000 1,100 dlh 1,500 dlh 2,600 dlh $51.92/dlh

Total costs $600,000

Units budgeted 250 250 500 units

Speed Bass

Boats Boats

Fabrication = $40.80/dlh $81,600 $122,400

Assembly = $26.25/dlh 26,250 78,750

Setup = $222.86/dlh 66,850 89,144

Inspection = $51.92/dlh 57,112 77,880

Total assigned costs $231,812 $368,174

Units budgeted 250 250

Overhead per unit $927.25 $1472.70

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Upton Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products usin

Nataliya [291]

Answer:

$67.80.

Explanation:

Long Short

Direct materials per unit $ 14.70 $ 48.50

For 60,000 units 882,000

Direct labor per unit $ 17.30 $ 50.90

For 60,000 units 1038000

Direct labor-hours per unit 0.70 2.10

Estimated Overhead 1796,077 1690,343

Total Costs 3716077

Unit Cost = Total Costs/ No of units = $ 3716077/ 60,000= $ 61.93=$ 62

Working

Direct labor support Cost for Long= ( $ 2,034,020 / 63,000 )* 42,000 =

$ 1356,013

Setting up machines Cost for Long(434,400 / 2,940 )*1190= $175,829

Part administration Cost for Long =( 1,018,000 / 3,660)* 950= $ 264,235

Long Short

Direct materials per unit $ 14.70 $ 48.50

Direct labor per unit $ 17.30 $ 50.90

Direct labor-hours per unit 0.70 2.10

Annual production 60,000 10,000

Estimated total manufacturing overhead $3,486,420

Estimated total direct labor-hours 63,000

Activities Activity Estimated

Measures Overhead Cost

Direct labor support (DLHs) $ 2,034,020

Setting up machines (setups) 434,400

Part administration (part types) 1,018,000

Total $ 3,486,420

Expected Activity Long Short Total DLHs

42,000 21,000 63,000

Setups 1,190 1,750 2,940

Part types 950 2,710 3,660

The unit product cost of product Long under the company's traditional costing system is closest to:

3 0

3 years ago

Why are some producers forced to sell their products at the prevailing market price? Group of answer choices price takers find m

Crank

Some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitor's products.

<h3>What is the prevailing market price?</h3>

Prevailing Market Price refers to the market's published wholesale price and, in the absence of a declared wholesale price, the prevailing market price of any commodities.
The term "prevailing market conditions" refers to the average amount of rent paid by operators of similar sized and placed lodges throughout the country, as determined in good faith by the national protected area authority.
Because of their great degree of similarity to competitors' products, some producers are forced to offer their items at the prevailing market price.
The average wage paid to similarly employed workers in a certain occupation in the area of anticipated employment is described as the prevailing wage rate.

Therefore, some producers are forced to sell their products at the prevailing market price because of (C) a high degree of similarity to competitors' products.

Know more about market prices here:

brainly.com/question/24877850

#SPJ4

The complete question is given below:
Why are some producers forced to sell their products at the prevailing market price?

A. price takers find market analysis is too costly

B. they are very small players in the overall market

C. high degree of similarity to competitor's products

D. they can increase output without affecting the quality

8 0

1 year ago

What message is this price tag telling shoppers? (other than it is on sale)

Nata [24]

Answer: it says that but you can try to let them give it to you for 7 if they say it's 9 just damage the box a little for a discount

Explanation:

4 0

2 years ago

A _____ is the highest postsecondary degree available.

Nadusha1986 [10]

I pretty sure it’s B

5 0

2 years ago

Read 2 more answers

A bond has yield to maturity of 7.15 percent; face value of $1,000; time to maturity of 11 years and pays coupons semiannually.

maxonik [38]

Answer:

6.34 %

Explanation:

For computing the coupon rate, first we have to determine the PMT by using the PMT formula that is shown on the attachment

Given that,

Present value = $939.02

Future value = $1,000

Rate of interest = 7.15% ÷ 2 = 3.58%

NPER = 11 years × 2 = 22 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the PMT is $31.70

It is semi annually

Now the annual PMT is

= $31.70 × 2

= $63.40

So, the coupon rate equals to

= $63.40 ÷ $1,000

= 6.34 %

5 0

3 years ago