Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Hopscotch Limited, a manufacturer of a variety of products, uses an activity - based costing system, Information from its system for the year for all

image text in transcribed
Hopscotch Limited, a manufacturer of a variety of products, uses an activity - based costing system, Information from its system for the year for all products follows Assembly Inspectiorn Packaging Total cost $583,700 $342,000 $24,500 4,000 machine- hours 7,500 inspection-hours 1200 order Hopscotch Limited makes 440 of its product 863 a year, which requires a total of 33 machine hours, 13 inspection hours, and 17 orders. Product B63 requires $52.70 in direct materials per unit and $62.20 in direct labor per unit. Product B63 sells for $255 per unit. What is the profit margin in total for Product 863? (Round all answers to two decimal places.) OA. $110,342.63 O B. $21,895.50 * C. XD. $59.90 1.53 $49.76

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_2

Step: 3

blur-text-image_3

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

Introduction To Managerial Accounting

Authors: Peter Brewer, Ray Garrison, Eric Noreen, Suresh Kalagnanam, Ganesh Vaidyanathan

6th Canadian Edition

1260060411, 9781260060416

More Books

Students also viewed these Accounting questions

Question

How can positive self-talk help you change a bad habit?

Answered: 1 week ago

Question

Dont off er e-mail communication if you arent going to respond.

Answered: 1 week ago