Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

I need help with question #3 & #4. Thank you! This is for managerial accounting. w Qtiestion CompletionSlasusr' rmmrmummy-mmm'm 7 ' m 'V 7: rWhat

I need help with question #3 & #4. Thank you! This is for managerial accounting.

image text in transcribed
w Qtiestion CompletionSlasusr' rmmr"mummy-mmm'm 7 ' m 'V 7: rWhat is the amount of Machining cost assigned to Product X? 7-753322500) ' " ' r ?" ' ' $500,ooor, . gr. $375,000 77 $125,000 7 Product A r x quesrrous w 1 mm (Extra Credit) Save Am Pima, inc. manufactures calculators that sell for $40 each Each calculator'uses $15 in direct materials and $5 in direct labor per unit. Pima has him actiiiities: Machining, ' which is applied at the rate of $4 per machine hour, and Finishing, which is'applied at the rate of 520 per batch. This month, Pima made 400 calculators, using LOGO ' machine hours in 40 batches. What is the total manufacturing cost for one calculator? ' ' $27 r ' L gm, $32 7 -. $25 ' iQulEsrroNaq j L * ir " , ammcmm swam iPima Inc. manufactures calculators that sell for $40 each. Each calculator uses $15 in direct materials and SS in tlirect labor per unit. Pm has two activities: Machirw which is applied at the rate of SA per machine hour: and Finishing, which is applied at the rate of 5320 per batch. This month, Pima made we calculators, using 1.000 machine hours in 40 batches. Wim is the gross profit for one calculator? . $25 ' SZO ' ' '535

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

Managerial accounting

Authors: ramji balakrishnan, k. s i varamakrishnan, Geoffrey b. sprin

1st edition

471467855, 978-0471467854

Students also viewed these Accounting questions