Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 16, 2023

Nilco Inc. makes three models of running shorts: The Zip, the Flash, and the Sonic Boom. Manufacturing information for each model is provided below:

Nilco Inc. makes three models of running shorts: The Zip, the Flash, and the Sonic Boom. Manufacturing information for each model is provided below: Model Zip Flash Sonic Boom Direct Materials Cost 2.45 3.25 4.15 Direct Labour Hours (number of hours) 0.50 0.75 1.25 Nilco's direct labour costs are 12 per hour. Nilco also allocates overhead based on direct labour hours, with a predetermined rate of E3.80 per hour. Given these figures, what is the total cost of producing one pair of Flash shorts?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

To calculate the total cost of producing one pair of Flash shorts you need to consider the di... 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

Step: 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

Accounting for Decision Making and Control

Authors: Jerold Zimmerman

8th edition

78025745, 978-0078025747

More Books

Students also viewed these Accounting questions

Question

Discuss the reasons why Integrated Services Digital Network (ISDN ) failed to catch on as WAN technology.

Answered: 1 week ago

Question

★★★★★

The computer workstation furniture manufacturing that Santana Rey started in January is progressing well. As of the end of June, Business Solutions job cost sheets show the following total costs...

Answered: 1 week ago

Question

★★★★★

The computer workstation furniture manufacturing that Adria Lopez started in January is progressing well. As of the end of June, Success Systems job cost sheets show the following total costs...

Answered: 1 week ago

Question

★★★★★

Tiffee Company identifies the following items for possible inclusion in the physical inventory. Indicate whether each item should be included or excluded from the inventory taking. (a) 900 units of...

Answered: 1 week ago

Question

★★★★★

Revise Exercise 10.20 so as to provide an intercondenser on the fourth stage from the top with a duty of 200,000 Btu/h and an interreboiler on the fourth stage from the bottom with a duty of 300,000...

Answered: 1 week ago

Question

★★★★★

10-29. Mymanagementlab Onlycomprehensive writing assignment for this chapter. Go to mymanagementlab.com

Answered: 1 week ago

Question

★★★★★

Define critical thinking and list its seven standards.

Answered: 1 week ago

Question

★★★★★

Biotechtron, Inc., has two research laboratories in the Southwest, one in Yuma, Arizona, and the other in Bernalillo, New Mexico. The owner of Biotechtron centralized the legal and accounting...

Answered: 1 week ago

Question

★★★★★

Suppose that the coupon rate of a floating-rate security resets every six months at a spread of 60 basis points over the reference rate. If the bond is trading at above par value (i.e. premium), the...

Answered: 1 week ago

Question

★★★★★

Identify the stage of change the client is in and write in behavioral language at least one problem, with at least one goal and a minimum of two objectives for each goal for the client vignettes...

Answered: 1 week ago

Question

★★★★★

Question 1 1 pts What kind of a surface is described by the equation (x - 1)2 + (y - 2)2 + (2 - 3)2 = (20-4)2 + (4- 5)2+ (2-6)2? O A sphere. O Two spheres. O A plane. O None of the above

Answered: 1 week ago

Question

★★★★★

The Austin Manufacturing Company wants to develop a cost estimating equation for its monthly cost of electricity. It has the following data: Month Cost of Electricity Direct Labor Hours January...

Answered: 1 week ago

Question

★★★★★

12. Portfolio Variance (LO2, CFA5). Use the following information to calculate the expected return and standard deviation of a portfolio that is 50 percent invested in 3 Doors, Inc., and 50 percent...

Answered: 1 week ago

Question

★★★★★

Can you calculate the NPV, IRR, and Payback for the following information: The minimum price for a condominium unit is $300,000, and buyers expect a high-quality project. Response to the initial...

Answered: 1 week ago

Question

★★★★★

Diman, lessor leased a lot to Dili, lessee for 15 years beginning January 2019, subject to the following terms and conditions: Mothly rental 200000 Advance rental for 2 years 480000 Security deposit...

Answered: 1 week ago

Question

★★★★★

1. Alejandro knows that he needs $32,100 per year to live comfortably now. He plans to retire in about 39 years and plans to be retired for about 23 years after that. Determine... a. [2 pts] how much...

Answered: 1 week ago

Question

★★★★★

What is the distinction between deductions for AGI and deductions from AGI and why should this be important for individuals? As you review deductions from AGI and for AGI, how should bribes and...

Answered: 1 week ago

Question

★★★★★

A supermarket chain is interested in exploring the relationship between the sales of its store-brand canned vegetables (y), the amount spent on promotion of the vegetables in local newspapers (x1)...

Answered: 1 week ago

Question

★★★★★

Donovan Steel has two profit centers: Ingots and Stainless Steel. These profit centers rely on services supplied by two service departments: electricity and water. The profit centers consumption of...

Answered: 1 week ago

Question

★★★★★

Economists and managers have long recognized the importance of productivity in determining anor-ganizations success. Productivity is the relation between the firms output of goods and services and...

Answered: 1 week ago

Question

★★★★★

The Easton plant produces sheet metal chassis for flat- panel televisions. The chassis are man-ufactured on a computerized, numerically controlled (NC) machine that cuts, drills, and bends the metal...

Answered: 1 week ago

Question

★★★★★

A number of minor automobile accidents occur at various high-risk intersections in Teton County despite traffic lights. The Traffic Department claims that a modification in the type of light will...

Answered: 1 week ago

Question

★★★★★

Lester Hollar is vice president for human resources for a large manufacturing company. In recent years, he has noticed an increase in absenteeism that he thinks is related to the general health of...

Answered: 1 week ago

Question

★★★★★

The president of the American Insurance Institute wants to compare the yearly costs of auto insurance offered by two leading companies. He selects a sample of 15 families, some with only a single...

Answered: 1 week ago

Previous Question Next Question