Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please help with all questions Save & E Submit Jefferson, Inc. produces two different products (Moduct and Product using two different activities Machining, which uses
please help with all questions
Save & E Submit Jefferson, Inc. produces two different products (Moduct and Product using two different activities Machining, which uses machine nours as an activity driver, and inspection, which uses number of batches as an activity driver. The cost of Machining is $153.000, while the cost of Inspection is $35190. The activity drivers are used as follows 12 Product 5 Product x Total Machine hours 1,530 3,570 5,100 Number of batches 49 21 70 What proportion of Inspection activity is used by Product 2 Multiple Choice 30% a 383 70% Save Exit 13 Pimo, Inc. manufactures calculators that sell for $73 each. Each calculator uses $26 in direct materials and $16 in direct labor per unit. Pima has two activities: Machining, which is applied at the rate of $4 per machine hour, and Finishing, which is applied at the rate of $20 per batch. This month, Pima made 510 calculators, using 1.275 machine hours in 51 batches. What is the gross profit for one calculator? OLX Multiple Choice BOON $46 o $31 $36 O $19 O 14 Largo, Inc. which uses a volume-based cost system, produces cat condos, and has a gross profit margin of 60%. Direct materials cost 518 per unit, and direct lobor costs $13 per unit. Manufacturing overhead is applied at a rate of 270% of direct labor cost. Nonmanufacturing costs are $32 per unit. How much does each cat condo sell for? 1124 Multiple Choice 5219 0 $165 $125 $17 Help Save & Exit Subm 15 Knox Corp has a selling price of $12, variable costs of $9.96 per unit, and fixed costs of $27.500. It Knox seks 10,000 units, the contribution margin ratio will equal 300 Multiple Choice 000 5.40% 204 o 1700% 1050 Step by Step Solution
There are 3 Steps involved in it
Step: 1
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