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Exercise 16-30 (Algo) Hybrid costing and yield LO A1 College Life produces sweatshirts for college organizations and uses hybrid costing. It reports the following for
Exercise 16-30 (Algo) Hybrid costing and yield LO A1 College Life produces sweatshirts for college organizations and uses hybrid costing. It reports the following for its fabrication process. Customers choose screen-printed or embroidered logos. Per Unit Direct materials Conversion Fabrication process costs $ 34 17 Customer choices-Logo types Screen-printed Embroidered $ 51 $ 4 $ 20 Required: a. Compute the cost per unit for both the screen-printed and embroidered sweatshirts. b. If the company has a target markup of 30% above cost, compute the selling price for each type of sweatshirt. c. For the current period, the company added direct materials into production that should have produced 6,100 sweatshirts. Actual production was 5,795 (nondefective) sweatshirts. Compute the yield for this period. Express the answer in percent. Required 1 Required 2 Required 3 Compute the cost per unit for both the screen-printed and embroidered sweatshirts. Cost per unit Screen-printed Embroidered Required 1 Required 2 Required 3 If the company has a target markup of 30% above cost, compute the selling price for each type of sweatshirt. (Round your answers to two decimal places.) Screen-printed Embroidered Selling price per unit Required 1 Required 2 Required 3 For the current period, the company added direct materials into production that should have produced 6,100 sweatshirts. Actual production was 5,795 (nondefective) sweatshirts. Compute the yield for this period. Express the answer in percent. Yield %
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