Ocean View Motors specializes in producing one specialty vehicle. It is called Surfer and is styled...
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Ocean View Motors specializes in producing one specialty vehicle. It is called Surfer and is styled to easily fit multiple surfboards in its back area and top-mounted storage racks. Ocean View has the following manufacturing costs: (Click the icon to view the manufacturing costs.) Ocean View currently produces 190 vehicles per month. Requirement 1. What is the variable manufacturing cost per vehicle? What is the fixed manufacturing cost per month? The variable cost per vehicle is Determine the fixed manufacturing cost per month at each of the following capacity levels. 0-500 tires per month 501-1,000 tires per month more than 1,000 tires per month Requirements What is the variable manufacturing cost per vehicle? What is the fixed manufacturing cost per month? Plot a graph for the variable manufacturing costs and a second for the fixed manufacturing costs per month. How does the concept of relevant range relate to your graphs? Explain 1. 2. 3. Data table What is the total manufacturing cost of each vehicle if 65 vehicles are produced each month? 190 vehicles? How do you explain the difference in the manufacturing cost per unit? Plant management costs. $1,860,000 per year Cost of leasing equipment, $2,460,000 per year Workers' wages, $500 per Surfer vehicle produced Direct materials costs: Steel, $1,200 per Surfer; Tires, $140 per tire, each Surfer takes 5 tires (one spare) City license, which is charged monthly based on the number of tires used in production: 0-500 tires 501-1,000 tires more than 1,000 tires $ $ $ 30,000 60,000 230,000 Ocean View Motors specializes in producing one specialty vehicle. It is called Surfer and is styled to easily fit multiple surfboards in its back area and top-mounted storage racks. Ocean View has the following manufacturing costs: (Click the icon to view the manufacturing costs.) Ocean View currently produces 190 vehicles per month. Requirement 1. What is the variable manufacturing cost per vehicle? What is the fixed manufacturing cost per month? The variable cost per vehicle is Determine the fixed manufacturing cost per month at each of the following capacity levels. 0-500 tires per month 501-1,000 tires per month more than 1,000 tires per month Requirements What is the variable manufacturing cost per vehicle? What is the fixed manufacturing cost per month? Plot a graph for the variable manufacturing costs and a second for the fixed manufacturing costs per month. How does the concept of relevant range relate to your graphs? Explain 1. 2. 3. Data table What is the total manufacturing cost of each vehicle if 65 vehicles are produced each month? 190 vehicles? How do you explain the difference in the manufacturing cost per unit? Plant management costs. $1,860,000 per year Cost of leasing equipment, $2,460,000 per year Workers' wages, $500 per Surfer vehicle produced Direct materials costs: Steel, $1,200 per Surfer; Tires, $140 per tire, each Surfer takes 5 tires (one spare) City license, which is charged monthly based on the number of tires used in production: 0-500 tires 501-1,000 tires more than 1,000 tires $ $ $ 30,000 60,000 230,000
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Cost Accounting A Managerial Emphasis
ISBN: 978-0133428704
15th edition
Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan
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