Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ball Sports Ltd make two Footballs; Soccer & AFL. To make 80020 Soccer Balls and 80863 AFL Balls during 2022 there are the following costs:

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed
Ball Sports Ltd make two Footballs; Soccer & AFL. To make 80020 Soccer Balls and 80863 AFL Balls during 2022 there are the following costs: Soccer Balls AFL Balls Leather per Ball $32 $39 Bladder per Ball $3 $4 Direct Labour per Ball $24 $24 Total Over Heads (cost): Assembling (per hours in assembly) $85453 Quality (per inspection) $55947 Machine costs (per machine $105232 hour) Total Cost Drivers Hours in assembly 53165 Inspections 3272? Machine hours 64136 The activity cost rate that will be applied in ABC costing for "Assembly", is closest to? Reptile Tanks sell specialised tanks to keep reptiles safe and healthy. The budget for next year is as follows: Details General Tanks $ Breeder Tanks Quantity expected to sell 1400 units 1863 units Tank Selling Price $641 $828 W Other Variable Costs per $51 $75 Tank Total Annual Fixed Costs $113153 $117734 What is the expected prot earned from General Tanks? O a. 487741.00 O b. 236047.00 O c. 627466.00 Q d. 307447.00 ElecRetails Wholesalers purchases all its products on credit. They pay creditors within their credit terms which vary from supplier to supplier. On average they pay 60% of suppliers in the month after their purchase. The balance is settled in the second month after the purchase. If budgeted purchases are: Month Budgeted Purchases July 105274 August 82749 September 98865 October 86974 November 143939 December 151432 Expected supplier payments in September is: Q a. 94108.60 0 b. 91759.00 0 014693620 0 0.148434% String Rackets Ltd make two tennis rackets; Beginner 8. Winner. To make 15586 Beginner Rackets and 22262 Winner Rackets during 2021 there are the following costs: Beginner Winner Frames Materials per 41 42 racket Strings per racket 1B 36 Direct Labour 70961 67578 Over Heads 65623 76575 The Over Head cost to make one Beginner Racket is closest to? MoPavers budget to produce 12452 pavers during April. To produce each paver it requires 7 kg of Direct Materials which cost $13 per kg. Also it requires 10 Direct Labour hours at a cost of $30 per hour. The total amount recorded in the Direct Labour Budget for pavers produced in April is: --- - a. 2614920.00 OO b. 300.00 c. 3735600.00 OO d. 1133132.00

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

Fraud Examination

Authors: W. Steve Albrecht

6th Edition

1337619671, 978-1337619677

More Books

Students also viewed these Accounting questions