ACCT 406 Wk2 Q7

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-/1 Question 24 View Policies Current Attempt in Progress Tomy Toys is planning to sell 200 action figures and to produce 190 action figures in July. Each action figure requires 100 grams of plastic and a half hour of direct labor. The cost of the plastic used in each action figure is $5 per Employees of the company are paid at a rate of $15.00 per hour. Manufacturing overhead is applied at a rate of 120 % of direct labor costs. Tomy Toys has 90,000 grams of plastic in its beginning inventory and wants to have 80,000 grams in its ending inventory. What is the amount of budgeted direct labor cost for the month of July? 100 grams. O $1,500. O $1,425. O $2,850. O $3,000. (2 A Tt hp ins prt sc home hz delete 44 4+ & 7 % 5 inu backspace 6 P enter K H pause ctre I

eBook   Show Me How Print Item Question Content Area Syntech makes digital cameras for drones. Their basic digital camera uses $80 in variable costs and requires $1,500 per month in fixed costs. Syntech sells 100 cameras per month. If they process the camera further to enhance its functionality, it will require an additional $50 per unit of variable costs, plus an increase in fixed costs of $1,000 per month. The current price of the camera is $170. The marketing manager is positive that they can sell more and charge a higher price for the improved version. At what price level would the upgraded camera begin to improve operational earnings? Price to be charged $???

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please can someone help me with working thanks answer in text not image     Greener Grass Fertilizer Company plans to sell 200,000 units of finished product in July and anticipates a growth rate in sales of 5 percent per month. The desired monthly ending inventory in units of finished product is 80 percent of the next month’s estimated sales. There were 160,000 finished units in inventory on June 30. Each unit of the finished product requires four pounds of raw material at a cost of $1.15 per pound. There are 700,000 pounds of raw material in inventory on June 30. Compute the company’s total required production in units of finished product for the entire three-month period ending September 30. Independent of your answer to requirement 1, assume the company plans to produce 600,000 units of finished product in the three-month period ending September 30, and to have raw-material inventory on hand at the end of the three-month period equal to 25 percent of the use in that period. Compute…

Question 1 LUMU has demand for 1400 water pumps each year. The cost of a water pump to LUMU is $400. Inventory carrying cost is estimated to be 20% of the unit cost and the ordering cost is $25 per order. If the owner orders in quantities of 300 or more, he can get a 5% discount on the pumps, Should LUMU accepts the quantity discount?

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Part 3 (20 minutes) Global Colors manufactures a special line of graphic tubing items. For the next coming year, the company estimates it will sell 150,000 units of this item. The beginning finished goods inventory contains 40,000 units. The target for next year's ending inventory is 20,000 units. Each unit requires 5 feet of plastic tubing. The tubing inventory currently includes 100,000 feet of the required tubing. Materials on hand are targeted to equal three month's production. Any shortage in materials will be made up by the immediate purchase of materials. Required: Compute the production target and the materials requirements for the coming period.

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Work Assignment AEST Part 2 of 6 Ever Lawn, a manufacturer of lawn mowers, predicts that it will purchase 324,000 spark plugs next year. Ever Lawn estimates that 27,000 spark plugs will be required each month. A supplier quotes a price of $13 per spark plug. The supplier also offers a special discount option: If all 324,000 spark plugs are purchased at the start of the year, a discount of 2% off the $13 price will be given. Ever Lawn can invest its cash at 8% per year. It costs Ever Lawn $130 to place each purchase order. Required 1. What is the opportunity cost of interest forgone from purchasing all 324,000 units at the start of the year instead of in 12 monthly purchases of 27,000 units per order? 2. Would this opportunity cost be recorded in the accounting system? Why? 3. Should Ever Lawn purchase 324,000 units at the start of the year or 27,000 units each month? Show your calculations. Requirement 1. What is the opportunity cost of interest forgone from purchasing all 324,000…

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takeAssignmentMain.do?invoker=&ta... A Desired inventory, November 30 Price per pound Units required for production: 12" pizza 16" pizza Total units available Total units to be purchased Unit Price 2,000 lbs. 1,200 lbs. $0.60 $0.50 Prepare November's direct materials purchases budget for Tobin's Frozen Pizza Inc. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Total direct materials to be purchased 2,800 lbs. $0.85 Tobin's Frozen Pizza Inc. Direct Materials Purchases Budget For the Month Ending November 30 Direct Materials Dough Direct Materials Tomato Direct Materials Cheese @ Total 99 g

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Time left 0:1- A company produces Plastic toys from plastic boards. Budgeted production is 5000 units of toys. One unit of toy requires 4 meters of plastic boards. Targeted ending inventory for plastic boards is 3000 meters. Beginning inventory is 5000 méters. How much plastic board is required to purchase? O a. 25,000 meters O b. 5000 meters O C. 22,000 meters O d. 18,000 meters Next page NEXT ACTIVITY OUS ACTIVITY er 1: Introduction to Management Accounting Chapter 2: Varlance analysis Jump to...

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f 6 ! Required information [The following information applies to the questions displayed below.] Shadee Corporation expects to sell 600 sun shades in May and 800 in June. Each shade sells for $180. Shadee's beginning and ending finished goods inventories for May are 75 and 50 shades, respectively. Ending finished goods inventory for June will be 60 shades. Each shade requires a total of $40 in direct materials that includes 4 adjustable poles that cost $5.00 each. Shadee expects to have 120 poles in direct materials inventory on May 1, 80 poles in inventory on May 31, and 100 poles in inventory on June 30. Suppose that each shade takes three direct labor hour to produce and Shadee pays its workers $9 per hour. Additionally, Shadee's fixed manufacturing overhead is $10,000 per month, and variable manufacturing overhead is $13 per unit produced. Additional information: • Selling costs are expected to be 6 percent of sales. • Fixed administrative expenses per month total $12,000.…

eBook Question Content Area Rough Stuff makes 2 products: khaki shorts and khaki pants for men. Each product passes through the cutting machine area, which is the chief constraint during production. Khaki shorts take 15 minutes on the cutting machine and have a contribution margin per pair of shorts of $15. Khaki pants take 24 minutes on the cutting machine and have a contribution margin per pair of pants of $30. If it is assumed that Rough Stuff has 4,800 hours available on the cutting machine to service a minimum demand for each product of 3,000 units, how much will profits increase if 104 more hours of machine time can be obtained?

Q.3.1 Gill Enterprises produces a number of consumer items, including a stove. A key component of the stove is purchased from an outside supplier. In total, the company purchases 2 500 components each year. It costs approximately R12 to place an order and it costs R0.25 to carry one part in inventory for a year. The company is operational for 50 weeks in a year. Required: Q.3.1.2 It takes about four weeks to receive an order of parts from the supplier. The company normally uses 52 parts each week in production. However, usage can be as high as 70 parts per week. Calculate the safety stock. Calculate the reorder point with safety stock included.