Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

.11 Sprint 9:09 PM 63% Done 14 of 14 30) Wadsworth Industries manufactures small appliances and uses an activity-based costing system Information from its system

image text in transcribed
.11 Sprint 9:09 PM 63% Done 14 of 14 30) Wadsworth Industries manufactures small appliances and uses an activity-based costing system Information from its system for the year for all products follows: Activity cost Total cost Total activ 460,000 23 $297 Inspection $19,2 orders Wadsworth makes 775 of its stand mixers a year, which requires a total of 25 machine hours, 10 inspection hours, and 12 orders. The stand mixer requires $15.00 in direct materials per unit and $11.50 in direct labor per unit. The stand mixer sells for $120 per unit. What is the product margin in total for the stand mixer? A) $26.50 B) $91,979.50 C) $20,537.50 50 D) $71,468.50

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Criteria For Electronic Document Management Processes And Associated IT Solutions

Authors: Alexander D Balzer, Dr Klaus-Peter Elpel, Volker Feist

5th Edition

3932898281, 978-3932898280

More Books

Students also viewed these Accounting questions

Question

Fiduciary funds are

Answered: 1 week ago

Question

6. Conclude with the same strength as in the introduction

Answered: 1 week ago

Question

7. Prepare an effective outline

Answered: 1 week ago