Any company that purchases the new model will need to purchase user manuals to access and operate the system. Also required are specialized computer forms that are sold only by Tamarisk Professionals. User manuals will be sold to clients in cases of 20, at a cost of $310 per case. One manual must be used each time the model is run because each manual includes a non-reusable computer password for operating the system. The specialized computer forms are sold in packages of 240 at a cost of $48 per package. One application of the model requires the use of 40 forms. This amount includes two forms that are generally wasted in each application due to printer alignment errors. The overall cost of the strategic planning model to user clients is $11,500. Most clients will use the model four times each year. Tamarisk Professionals must provide its clients with estimates of ongoing costs that are incurred in operating the new strategic planning model. They would like to provide this information in the form of standard costs. (d) Determine the standard materials cost associated with the user manuals and computer forms for each application of the strategic planning model. (Round answers to 2 decimal places, eg, 12.25.)

Any company that purchases the new model will need to purchase user manuals to access and operate the system. Also required are specialized computer forms that are sold only by Tamarisk Professionals. User manuals will be sold to clients in cases of 20, at a cost of $310 per case. One manual must be used each time the model is run because each manual includes a non-reusable computer password for operating the system. The specialized computer forms are sold in packages of 240 at a cost of $48 per package. One application of the model requires the use of 40 forms. This amount includes two forms that are generally wasted in each application due to printer alignment errors. The overall cost of the strategic planning model to user clients is $11,500. Most clients will use the model four times each year. Tamarisk Professionals must provide its clients with estimates of ongoing costs that are incurred in operating the new strategic planning model. They would like to provide this information in the form of standard costs. (d) Determine the standard materials cost associated with the user manuals and computer forms for each application of the strategic planning model. (Round answers to 2 decimal places, eg, 12.25.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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