Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please I need the answer as soon as possible ACCT 202 ASSIGNMENT -C (10 POINTS) 1. (2 POINTS) Classify each cost item of Ripon Printers

please I need the answer as soon as possible image text in transcribed
image text in transcribed
ACCT 202 ASSIGNMENT -C (10 POINTS) 1. (2 POINTS) Classify each cost item of Ripon Printers given below into one of the business functions of the value chain, either (1) R&D, (2) design of products and processes, (3) production, (4) marketing (including sales). (5) distribution, or (6) customer service. Item: a. depreciation of trucks used to transport books to college bookstores b. cost of the wood used to manufacture paper c. salary of the scientists attempting to find another source of printing ink d. cost of designing the book size so that a standard-sized box is filled to capacity 2. (3POINTS) Beginning finished good, 1/1/2019 SAR 47,000 Ending finished goods, 12/31/2019 36,000 Cost of goods sold 259,000 Operating expenses 110,000 Sales revenue 488,000 On the assembly floor, Ahmed, a worker is paid a regular rate of SAR 25 an hour for straight-time assuming 8 working hours a day and five working days in a week. He is paid 1.5 times her regular rate for overtime hours. One special week he worked 48 hours, which is already included in cost of goods sold. a. What is the cost of goods manufactured for 2019? b. What is gross margin for 2019? c. What is operating income for 2019? d. What is Ahmed's total compensation for the special week? 3. (5 POINTS) Riyadh Electric company manufactures a Rechargeable light that sells for SAR 45/unit. Total fixed expenses SAR 58,500 variable expenses are SAR 32 per unit. If the number of units sold, is 10,000 CALCULATE THE REQUIRED: (each 1 Point) a. Revenue b. Total variable cost c. Contribution margin d. Contribution margin per unit e. Breakeven point in Units

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

Students also viewed these Accounting questions