Answered step by step
Verified Expert Solution
Link Copied!
Question
1 Approved Answer

Practice set 1 Tesla Inc makes high end EV's, the following is their cost data for the month of July Production volume 15,000 cars TMC

Practice set 1
Tesla Inc makes high end EV's, the following is their cost data for the month of July
Production volume 15,000 cars TMC A B C A+B+C
Selling price per Car 35,000.00 Direct Materials Direct labour Manf Overheads Office expenses
COSTS
1 Rent Office 250,000.00
2 Insurance Fac/Office 75/25 split 75,000.00 monthly
3 Aluminium body fabrication 8,000.00 per unit
4 Electrical supplies 2,500.00 per unit
5 Battery EV 5,000.00 per unit
6 Wages assembly line PER UNIT COST 300.00 car
7 Depr Office equip 6,500.00 per month
8 Misc materials (paint, assembly fitting) 1,500.00 per car
9 Property taxes 24,000.00 annual
10 Supervisor salary Factory 65,000.00 annual

its managerial accounting u have to fill A,B,C box

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_2

Step: 3

blur-text-image_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

Endangered Economies How The Neglect Of Nature Threatens Our Prosperity

Authors: Geoffrey Heal

1st Edition

0231180845, 9780231180849

More Books

Students explore these related Accounting questions

Question

What is the main advantage to this tactic?

Answered: 3 weeks ago

Question

What is the full-cost budget?

Answered: 3 weeks ago