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2 years ago

Phelan Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and

Business

1 answer:

Rom4ik [11]2 years ago

5 0

Answer:

below

Explanation:

Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.

Activity Cost Activity Base

Procurement $383,000 Number of purchase orders

Scheduling 211,000 Number of production orders

Materials handling 425,500 Number of moves

Product development 710,900 Number of engineering changes

Production 1,420,000 Machine hours

Number of Purchase Orders Number of Production Orders Number of Moves Number of Engineering Changes Machine Hours Number of Units

Disk drives 4,200 450 1,260 11 2,500 2,100

Tape drives 1,600 125 500 6 8,000 4,200

Wire drives 12,200 800 4,200 20 11,100 2,500

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Farrow Co. expects to sell 150,000 units of its product in the next period with the following results. Sales (150,000 units) $ 2

BabaBlast [244]

Answer:

Accept

Explanation:

The computation of the combined total net income is shown below:

Normal Volume Additional Volume Total

Sales $2,250,000 $180,000 $2,430,000

(15,000 × $12)

Costs and expenses:

Direct materials $300,000 $30,000 $330,000

Direct labor $600,000 $60,000 $660,000

Overhead $150,000 $22,500 $172,500

($150,000 × 15%)

Selling expenses $225,000 $225,000

Administrative expenses $385,500 $64,500 $450,000

Total costs and expenses $1,660,500 $177,000 $1,837,500

Incremental income (loss) from new business $589,500 $3,000 $592,500

Therefore, the company should accept the offer

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3 years ago

Received cash from customer on account 9150

Vinvika [58]

Answer:

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2 years ago

Capable Golf Cart, Inc. (CGC) manufactures two models of golf cart: LX and EX. The budget data for next month is available. LX E

Nuetrik [128]

Solution :

1. Allocation on the basis of $\text{Direct labor hours}$

LX EX

Direct Material 125000 90000

Direct $\text{labor}$ cost 90000 60000

Manufacturing overhead $81000$ $121500$

(202500/5000 x 2000) (202500/5000 x 3000)

Total cost 296000 271500

Units produced 50 30

Cost per unit 5920 9050

2. Allocation on the basis of $\text{Direct labor costs}$ :

LX EX

Direct Material 125000 90000

Direct labor cost 90000 60000

Manufacturing overhead 121500 81000

(202500/150000 x 90000) (202500/150000 x 60000)

Total cost 336500 231000

Units produced 50 30

Cost per unit 6730 7700

3. Allocation on the basis of $\text{machine hours}$

LX EX

Direct Material 125000 90000

Direct labor cost 90000 60000

Manufacturing overhead 112500 90000

(202500/2700 x 1500) (202500/2700 x 1200)

Total cost 327500 240000

Units produced 50 30

Cost per unit 6550 8000

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3 years ago

What is the difference between private and public company

vladimir2022 [97]

A public company is owned by anyone who buys its stock the people who own the most stock get to run the company, a private company is owned by the founder and anyone he hires

5 0

3 years ago

Read 2 more answers

Roy Gross is considering an investment that pays 7.60 percent. How much will he have to invest today so that the investment will

Reptile [31]

Answer:

He has to invest $16,803.32 so that the investment will be worth $27,000 in six years with a 7.6% interest rate.

Explanation:

Year 6: 27,000

Year 5: 27,000 - (27,000 x 7.6 / 100) = 27,000 - 2,052 = $24,948

Year 4: 24,948 - (24,948 x 7.6 / 100) = 24,948 - 1,896.05 = $23,051.95

Year 3: 23,051.95 - (23,051.95 x 7.6 / 100) = 23,051.95 - 1,751.95 = $21,300

Year 2: 21,300 - (21,300 x 7.6 / 100) = 21,300 - 1,618.80 = $19,681.20

Year 1: 19,681.20 - (19,681.20 x 7.6 / 100) = 19,681.20 - 1,495.77 = $18,185.42

Year 0: 18,185.42 - (18,185.42 x 7.6 / 100) = 18,185.42 - 1,382.10 = $16,803.32

6 0

3 years ago