A machine costs 9,250 with a trade in value of 710. Th machine can produce 26,800 units and the annual production has been: 1st year 3,600 units 2nd year 4,980 units 3rd year 8,755 units 4th year 6,000 units Find the book value on the 3rd year (units of Production methods)

A machine costs 9,250 with a trade in value of 710. Th machine can produce 26,800 units and the annual production has been: 1st year 3,600 units 2nd year 4,980 units 3rd year 8,755 units 4th year 6,000 units Find the book value on the 3rd year (units of Production methods)

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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You are given the following costs and expenses for the production and sale of 5,000 units.• Cost of Direct materials used €900- Cost of Direct labor €1,000• Administration expenses €1,500• Selling and promotional expenses €2,000• Variable production overhead costs €400• Fixed production overhead costs €200The company uses the absorption costing systemRequiredA) Calculate the cost of producing one unit.B) Assuming the company would like to make a profit of €6 from the sale of each umbrella, how much they should sell each one?C) What is the total sales value?
A truckload of materials was purchased for $ 36,000. They were sorted out into the following grades whose Market rate is shown as under: No. of Units Selling rate per unit Grade X 5,000 $ 4.80 Grade Y 3,000 $ 4.00 Grade Z 2,000 $ 2.00 Find out the purchase rate per unit of each grade of the material assuming all grades yield the same rate of profit.
show answers for letters A and B
Estimated sales of a product is 30000 units. Two kinds of raw materials P and Q are required for manufacturing the product. Each unit of the product requires 2 units of P and 4 units of Q. The estimated cost of the P and Q OMR 2 and OMR 3 respectively. The estimated opening balance in the beginning of the next year: finished goods: 4000 units; P: 6000 units; Q: 10000 units. The desirable closing balance at the end of the next year: finished product: 6000 units; P: 10000 units; Q: 12000 units. Which of the following shows the total cost of raw materials (OMR) to be purchased in Material Purchase Budget. Select one: a. P = 162000 and Q = 181000 b. P= 136000 and Q= 390000 c. P = 124000 and Q = 324000 d. P = 134000 and Q = 334000
Algee Ltd plans to manufacture kettles and the following information is applicable: Estimated sales for the year 20.15 Estimated costs for the year 20.15 Direct material 14 000 units at R80 each R24 per unit Direct labour Factory overheads (all fixed) Selling expenses Administrative expenses (all fixed) R4 per unit R48 000 per annum 30% of sales R78 000 per annum 3.1 Calculate the break-even quantity 3.2 Calculate the break-even value using the marginal income ratio. 3.3 Calculate the selling price per unit if the profit per unit is R4. 3.4 Calculate the new break-even quantity and value if selling price is increased by 10%. 3.5 Calculate the selling price if 14 000 units provide an operating profit of RO after an additional advertising expense of R54 000
The theoretical velocity is A. 2.32 units per hour B. 2.44 units per hour C. 2.5 units per hour D. 2.75 units per hour
Jay-Zee Company makes an in-car navigation system. Next year, Jay-Zee plans to sell 16,000units at a price of $320 each. Product costs include: Direct materials $68Direct labor $40Variable overhead $12Total fixed factory overhead $500,000 Variable selling expense is a commission of 5 percent of price; fixed selling and administrativeexpenses total $116,400.Required:1. Calculate the sales commission per unit sold. Calculate the contribution margin per unit.2. How many units must Jay-Zee Company sell to break even? Prepare an income statementfor the calculated number of units.3. Calculate the number of units Jay-Zee Company must sell to achieve target operatingincome (profit) of $333,408.4. What if the Jay-Zee Company wanted to achieve a target operating income of $322,000?Would the number of units needed increase or decrease compared to your answer inRequirement 3? Compute the number of units needed for the new target operating income.
Royal Lawncare Company produces and sells two packaged products-Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Weedban $9.00 $ 2.60 $ 137,000 Product Greengrow $36.00 $ 10.00 $ 38,000 Last year the company produced and sold 36,500 units of Weedban and 17,500 units of Greengrow. Its annual common fixed expenses are $98,000. Required: Prepare a contribution format income statement segmented by product lines. Total Company Product Line Weedban Greengrow
A machine costs 9,250 with a trade in value of 710. Th machine can produce 26,800 units and the annual production has been: 1st year 3,600 units 2nd year 4,980 units 3rd year 8,755 units 4th year 6,000 units Find the book value on the 3rd year (units of Production methods) O A. 5,523.91 B. 6,515.93 O c. 3,726.09 O D. 1,814.15
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