Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 5 Answer saved Marked out of 2.00 P Flag question XYZ Industries manufactures small appliances and uses an activity-based costing system. Information from its

image text in transcribed
Question 5 Answer saved Marked out of 2.00 P Flag question XYZ Industries manufactures small appliances and uses an activity-based costing system. Information from its system for the year for all products follows: Activity cost pool Total cost Total activity Assembly S460,000 23,000 machine-hours Inspection $297,500 8,500 inspection hours Packaging $19,200 1,600 orders XYZ makes 775 of its stand mixers a year, which requires a total of 25 machine hours, 12 inspection hours, and 10 orders. The stand mixer requires $15.00 in direct materials per unit and $14.00 in direct labor per unit. The stand mixer sells for $120 per unit. What is the product margin in total for the stand mixer? Answer: 69485

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

Recommended Textbook for

Ecology, Sustainable Development And Accounting

Authors: Seleshi Sisaye

1st Edition

0415816351, 9780415816359

More Books

Students also viewed these Accounting questions

Question

=+g. Does it deliver one, instantly understandable message?

Answered: 1 week ago

Question

=+e. Does it entertain, inform and/or engage the reader?

Answered: 1 week ago

Question

=+h. Do all of the related materials project one cohesive message?

Answered: 1 week ago