Urban Auto Glass specializes in the repair and replacement of windshields for passenger vehicles. Variable and fixed costs related to installation activities for the most recent month (July) are listed below. Item Number of windshields instal Variable expenses: Direct materials Direct labour (1 hour per Indirect materials Fixed expenses : Installation supervisor's Installation scheduler's v Warehouse expenses Required: 1. Calculate the per unit amounts for each of the variable expense and fixed expense items in July Running Data began operations on February 1. The company produces GPS watches designed for runners. On February 15, the company purchased 2,400 DVD discs to include with each running watch it sells. The DVD is preloaded with product setup information, an instruction manual including video examples, and warranty details. Each disc cost Running Data $2. During February, 500 discs were taken from the raw materials inventory. Of these, 60 were taken by the sales manager to sales meetings with prospective retailers to carry the watches and handed out as advertising. The remaining discs were included with the GPS watches that were being nanufactured in February. Of he watches that were bundled transferred from work in process to finished goods. Of the watches completed during the month, 50% were sold and shipped to customers. Required: 1. Determine the cost of discs that would be in each of the following accounts at February 28: Cost of Discs a. Raw Materials b. Work in Process c. Finished Goods d. Cost of Goods Sold e. Advertising Expense ? cnnnifernchathar nach of the 27 of 46 11 Next > Urban Auto Glass specializes in the repair and replacement of windshields for passenger vehicles. Variable and fixed costs related to installation activities for the most recent month (July) are listed below. Item Number of windshields instal Variable expenses: Direct materials Direct labour (1 hour per Indirect materials Fixed expenses : Installation supervisor's Installation scheduler's v Warehouse expenses Required: 1. Calculate the per unit amounts for each of the variable expense and fixed expense items in July Running Data began operations on February 1. The company produces GPS watches designed for runners. On February 15, the company purchased 2,400 DVD discs to include with each running watch it sells. The DVD is preloaded with product setup information, an instruction manual including video examples, and warranty details. Each disc cost Running Data $2. During February, 500 discs were taken from the raw materials inventory. Of these, 60 were taken by the sales manager to sales meetings with prospective retailers to carry the watches and handed out as advertising. The remaining discs were included with the GPS watches that were being nanufactured in February. Of he watches that were bundled transferred from work in process to finished goods. Of the watches completed during the month, 50% were sold and shipped to customers. Required: 1. Determine the cost of discs that would be in each of the following accounts at February 28: Cost of Discs a. Raw Materials b. Work in Process c. Finished Goods d. Cost of Goods Sold e. Advertising Expense ? cnnnifernchathar nach of the 27 of 46 11 Next >
