Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 31 of 50 -/1 View Policies Current Attempt in Progress Vaughn Manufacturing produces 5000 units of part A12E. The following costs were incurred for

image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Question 31 of 50 -/1 View Policies Current Attempt in Progress Vaughn Manufacturing produces 5000 units of part A12E. The following costs were incurred for that level of production Direct materials $ 65000 Direct labor 170000 Variable 85000 overhead Fixed overhead 175000 If Vaughn buys the part from an outside supplier, 555000 of the fixed overhead is avoidable. What is the relevant cost per unit of part A12E? $64 $99 $75 $88 Current Attempt in Progress Waterway Industries is starting business and is unsure of whether to sell its product assembled or unassembled. The unit cost of the unassembled product is $60 and Waterway Industries would sell it for $135. The cost to assemble the product is estimated at $35 per unit and Waterway Industries believes the market would support a price of $180 on the assembled unit. What is the correct decision using the sell or process further decision rule? O Sell before assembly, the company will be better off by $35 per unit Sell before assembly, the company will be better off by $45 per unit Process further, the company will be better off by $45 per unit. O Process further, the company will be better off by $10 per unit. Question 39 of 50 -/1 View Policies Current Attempt in Progress The direct materials budget shows Desired ending direct materials pounds Total materials required 78000 pounds Direct materials purchases 73200 pounds 56000 The total direct materials needed for production is 151200 pounds 4800 pounds 17200 pounds 22000 pounds Question 41 of 50 -/1 HIT View Policies Current Attempt in Progress At January 1, 2016. Crane Company has beginning inventory of 1000 surfboards Crane estimates it will sell 5000 units during the first quarter of 2016 with a 12% increase in sales each quarter. Crane's policy is to maintain an ending inventory equal to 25% of the next quarter's sales. Each surfboard costs $100 and is sold for $150. How much is budgeted sales revenue for the third quarter of 2016? 975000 5225000 O $627200 $940800 Question 42 of 50 - /1 View Policies Current Attempt in Progress Sheffield Corp. makes and sells umbrellas. The company is in the process of preparing its Selling and Administrative Expense Budget for the last half of the year. The following budget data are available: Variable Cost Per Unit Sold Monthly Fixed Cost Sales commissions $0.60 $4500 Shipping Advertising Executive salaries Depreciation on office equipment Other 29000 1.20 0.30 41000 8200 0.35 Expenses are paid in the month incurred. If the company has budgeted to sell 7500 umbrellas in October, how much is the total budgeted variable selling and administrative expenses for October? O $101075 $21125 $18375 $15750

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

Microeconomics Theory And Applications

Authors: Edgar K. Browning, Mark A. Zupan

13th Edition

1119368928, 9781119368922

More Books

Students also viewed these Accounting questions

Question

Is there any formal training for teaching?

Answered: 1 week ago