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please help . urgently needed Kaplan Electrical uses an activity based costing system for its product costing. For the last quarter, the following data relates

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Kaplan Electrical uses an activity based costing system for its product costing. For the last quarter, the following data relates to costs, output volume and cost drivers: Overhead Costs Machinary Set-ups Materials Handling 142500 42000 70000 Total 254500 Product A B Production and sales Number of production runs Number of stores orders 3000 units 1500 units 1000 units 9 3 14 17 2 15 per unit per unit per unit 30 34 20 2 1 2 1 0.5 1 Direct costs Machine hours Direct labour hours If materials handling costs are driven by the number of stores orders what is the materials handling cost per unit traced to product B? (Give your answer to 2 decimal places.) Material handling cost for a unit of B: 2 of 15 Kaplan Electrical uses an activity based costing system for its product costing. For the last quarter, the following data relates to costs, output volume and cost drivers: Overhead Costs Machinary Set-ups Materials Handling 142500 42000 70000 Total 254500 Product A B C Production and sales Number of production runs Number of stores orders 3000 units 1500 units 1000 units 9 4 14 16 6 18 per unit per unit per unit 30 34 20 2 1 2 1 0.5 1 Direct costs Machine hours Direct labour hours If set-up costs are driven by the number of production runs, what is the set-up cost per unit traced to product A? (Give your answer to 2 decimal places.) Set-up cost for a unit of A: 3 of 15 When a firm uses a low markup for a new product, it may be using a: full-cost pricing strategy opportunity pricing strategy skimming pricing strategy penetration pricing strategy III 4 of 15 A company makes two products. Budgeted information is as follows: Units of Alpha to be produced Time per unit of Alpha (Hours) 8301 2 Units of Beta to be produced 5932 Time per unit of Beta (Hours) 3 Total Budgeted fixed overhead costs 224151 Using the data shown above, what is the amount of fixed overhead that should be absorbed into each unit of Product Alpha? 5 of 15 Compute the missing amounts for the following table: Sales price per unit Variable costs per unit Total fixed costs Target profit 249 112 76787 260063 Calculate: Contribution margin per unit = Required units to break even = units Required units to achieve target profit = 6 of 15 Refresh Ltd manufactures a single product, the energizer, from a single raw material. Each unit of energizer requires 3 metres of this raw material at a cost of 1.50 per metre. Budgeted data for next year are as follows: Sales Price per unit () 141 Sales Revenue () 791701 Opening stock of finished goods (units) 2000 Closing stock of finished goods (units) 1500 The amount of materials (in s) required for production is? 7 of 15 Kerry Ltd manufactures two products (A and B). Budgeted data for next year are as follows: A Sales Price per unit () 296 Sales Revenue () 411324 Opening Stock of Finished goods (units) 3000 Closing Stock of Finished goods (units) 3500 B 120 278527 2500 5000 The budgeted production quantities of A and B (in units) are? A: B: 8 of 15 Anton, Inc., incurred the following costs in 20XX in producing video games: Wages Materials used 350000 Wages of assembly workers 358000 Computer chips 13000 Factory janitors 261000 Casings 38000 Screws and nuts Factory supervisors 100,000 12000 Glue Factory security guards 25,000 Anton's 20XX product indirect labor was: Anton's product direct materials costs for 20XX were: 9 of 15 Credit sales in January were 33242 and credit sales in February were 14678. 25% of debtors pay up in the month after the sale and 50% pay up in the second month after the sale. How much cash should be received from debtors in March? 10 of 15 If there is unused capacity available in the short run, then the minimum acceptable price for a special order should cover: Variable cost plus a markup Variable costs Fixed costs Both variable and fixed costs Both variable and fixed costs plus a regular markup 11 of 15 Dark Ltd makes a single product and has recorded the following costs and production volumes over the past eight months: Month Volume (Units) May 1800 June 3167 July 1700 August 1600 September 1500 October 1300 November 1019 December 1500 Total Cost () 14700 17077 13700 14000 14300 13100 11929 14600 Using high-low method, the estimate variable cost per unit is? (Give your answer to 2 decimal places.) 12 of 15 A factory is producing and selling a product costing 9 fixed cost per unit. Other costs include 4 per unit in material and 8 per unit in labour. What is the selling price if the factory uses a mark-up percentage of 10% on full cost basis? (Give your answer to 2 decimal places.) 13 of 15 Per Unit Selling price 102 Material 20 Labour 25 Variable Overheard per 10 Total Fixed Cost () 353557 Based on a Budget for 14000 units What is the Margin of Safety as a percentage? % 14 of 15 Breeze Ltd manufactures plastic coated metal clips. Wages and material costs for 20XX were as follows: Machine operators 150000 Plant Supervisor 100000 Metal wire 557146 Maintenance workers 60000 Lubricant for oiling machinery 15000 Plastic coating 594106 Breeze's 20XX direct materials amounted to? 15 of 15 Dark Ltd makes a single product and has recorded the following costs and production volumes over the past eight months: Month Volume (Units) May 1800 June 2413 July 1700 August 1600 September 1500 October 1300 November 1059 December 1500 Total Cost () 14700 17398 13700 14000 14300 13100 12793 14600 Using High-Low method, the estimated fixed costs are? Submit Kaplan Electrical uses an activity based costing system for its product costing. For the last quarter, the following data relates to costs, output volume and cost drivers: Overhead Costs Machinary Set-ups Materials Handling 142500 42000 70000 Total 254500 Product A B Production and sales Number of production runs Number of stores orders 3000 units 1500 units 1000 units 9 3 14 17 2 15 per unit per unit per unit 30 34 20 2 1 2 1 0.5 1 Direct costs Machine hours Direct labour hours If materials handling costs are driven by the number of stores orders what is the materials handling cost per unit traced to product B? (Give your answer to 2 decimal places.) Material handling cost for a unit of B: 2 of 15 Kaplan Electrical uses an activity based costing system for its product costing. For the last quarter, the following data relates to costs, output volume and cost drivers: Overhead Costs Machinary Set-ups Materials Handling 142500 42000 70000 Total 254500 Product A B C Production and sales Number of production runs Number of stores orders 3000 units 1500 units 1000 units 9 4 14 16 6 18 per unit per unit per unit 30 34 20 2 1 2 1 0.5 1 Direct costs Machine hours Direct labour hours If set-up costs are driven by the number of production runs, what is the set-up cost per unit traced to product A? (Give your answer to 2 decimal places.) Set-up cost for a unit of A: 3 of 15 When a firm uses a low markup for a new product, it may be using a: full-cost pricing strategy opportunity pricing strategy skimming pricing strategy penetration pricing strategy III 4 of 15 A company makes two products. Budgeted information is as follows: Units of Alpha to be produced Time per unit of Alpha (Hours) 8301 2 Units of Beta to be produced 5932 Time per unit of Beta (Hours) 3 Total Budgeted fixed overhead costs 224151 Using the data shown above, what is the amount of fixed overhead that should be absorbed into each unit of Product Alpha? 5 of 15 Compute the missing amounts for the following table: Sales price per unit Variable costs per unit Total fixed costs Target profit 249 112 76787 260063 Calculate: Contribution margin per unit = Required units to break even = units Required units to achieve target profit = 6 of 15 Refresh Ltd manufactures a single product, the energizer, from a single raw material. Each unit of energizer requires 3 metres of this raw material at a cost of 1.50 per metre. Budgeted data for next year are as follows: Sales Price per unit () 141 Sales Revenue () 791701 Opening stock of finished goods (units) 2000 Closing stock of finished goods (units) 1500 The amount of materials (in s) required for production is? 7 of 15 Kerry Ltd manufactures two products (A and B). Budgeted data for next year are as follows: A Sales Price per unit () 296 Sales Revenue () 411324 Opening Stock of Finished goods (units) 3000 Closing Stock of Finished goods (units) 3500 B 120 278527 2500 5000 The budgeted production quantities of A and B (in units) are? A: B: 8 of 15 Anton, Inc., incurred the following costs in 20XX in producing video games: Wages Materials used 350000 Wages of assembly workers 358000 Computer chips 13000 Factory janitors 261000 Casings 38000 Screws and nuts Factory supervisors 100,000 12000 Glue Factory security guards 25,000 Anton's 20XX product indirect labor was: Anton's product direct materials costs for 20XX were: 9 of 15 Credit sales in January were 33242 and credit sales in February were 14678. 25% of debtors pay up in the month after the sale and 50% pay up in the second month after the sale. How much cash should be received from debtors in March? 10 of 15 If there is unused capacity available in the short run, then the minimum acceptable price for a special order should cover: Variable cost plus a markup Variable costs Fixed costs Both variable and fixed costs Both variable and fixed costs plus a regular markup 11 of 15 Dark Ltd makes a single product and has recorded the following costs and production volumes over the past eight months: Month Volume (Units) May 1800 June 3167 July 1700 August 1600 September 1500 October 1300 November 1019 December 1500 Total Cost () 14700 17077 13700 14000 14300 13100 11929 14600 Using high-low method, the estimate variable cost per unit is? (Give your answer to 2 decimal places.) 12 of 15 A factory is producing and selling a product costing 9 fixed cost per unit. Other costs include 4 per unit in material and 8 per unit in labour. What is the selling price if the factory uses a mark-up percentage of 10% on full cost basis? (Give your answer to 2 decimal places.) 13 of 15 Per Unit Selling price 102 Material 20 Labour 25 Variable Overheard per 10 Total Fixed Cost () 353557 Based on a Budget for 14000 units What is the Margin of Safety as a percentage? % 14 of 15 Breeze Ltd manufactures plastic coated metal clips. Wages and material costs for 20XX were as follows: Machine operators 150000 Plant Supervisor 100000 Metal wire 557146 Maintenance workers 60000 Lubricant for oiling machinery 15000 Plastic coating 594106 Breeze's 20XX direct materials amounted to? 15 of 15 Dark Ltd makes a single product and has recorded the following costs and production volumes over the past eight months: Month Volume (Units) May 1800 June 2413 July 1700 August 1600 September 1500 October 1300 November 1059 December 1500 Total Cost () 14700 17398 13700 14000 14300 13100 12793 14600 Using High-Low method, the estimated fixed costs are? Submit

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