Question
Need these answered with in 2 hours please! 1. (TCO 6) T-Tunes, Inc. is considering the introduction of a new music player with the following
Need these answered with in 2 hours please!
1. (TCO 6) T-Tunes, Inc. is considering the introduction of a new music player with the following price and cost characteristics: Sales price per unit: $125 Variable cost per unit: $75 Annual fixed costs: $180,000 (a) How many units must T-Tunes sell to break even? (b) How many units must T-Tunes sell to make an operating profit of $120,000 for the year? (c) What will the operating profit be, assuming that the projected sales for the year are 7,500 units? Consider requirements (b) and (c) independent of each other. (Points : 30)
Question 2. 2. (TCO 4) Kramer Company has decided to use a predetermined rate to assign factory overhead to production. The following predictions have been made for 2010:
Compute the predetermined factory overhead rate under three different bases: (1) direct labor hours, (2) direct labor costs, and (3) machine hours. (Points : 30) |
Question 3. 3. (TCO 1) The Boyceville Machining Company provided you with the following information for the fiscal year ending on December 31:
(a) Compute the total manufacturing costs incurred during the year. (b) Compute the total work-in-process during the year. (c) Compute the cost of goods manufactured during the year. (d) Compute the cost of goods sold during the year. (Points : 30) |
Question 4. 4. (TCO 5) The following information relates to a product produced by Bayfield Company:
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