Shale Remodeling uses time and materials pricing. It reports the following Information:Direct labor rateNon-materials-related overhead2150 per DLH$ 120 per DLHMaterials-related overheadTarget profit margin (both conversion and direct materials)28 of direct materials coat20The time charger per hour of direct labor is:Multiple Choice$288.$333.$324.$204. Multiple Choice$288.$333.$324.$204.$328.

Name: Shale Remodeling uses time and materials pricing. It reports the foll
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Description: Shale Remodeling uses time and materials pricing. It reports the following Information:Direct labor rateNon-materials-related overhead2150 per DLH$ 120 per DLHMaterials-related overheadTarget profit margin (both conversion and direct materials)28 of

Overhead is an indirect cost incurred in the production process of the company. It is used to…

Business

Accounting

ation: Direct labor rate $150 per DLH $ 120 per DLH Non-materials-related overhead Materials-related overhead 28 of direct materials cosat Target profit margin (both conversion and direct materials) 20% The time charger per hour of direct labor is:

ation: Direct labor rate $150 per DLH $ 120 per DLH Non-materials-related overhead Materials-related overhead 28 of direct materials cosat Target profit margin (both conversion and direct materials) 20% The time charger per hour of direct labor is:

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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Total Amount Units Sales Variable Costs: 31,250 Per Unit $ 445,313 $ 14.25 Direct Materials $ 125,000 4.00 = Direct Labor $ 28,000 0.90 = Variable Manufacturing Overhead $ 66,250 2.12 = Sales Commissions $ 15,625 0.50 = Shipping Variable Billing Total Variable Costs $ 3,125 0.10 $ 313 0.01 $ 238,313 7.63 Contribution Margin $ 207,000 6.62 Fixed Costs: Fixed Manufacturing Overhead Advertising Sales and Admin. Salaries Fixed Billing Total Fixed Costs Net Operating Income (Loss) 40,000 16,800 87,300 10,000 154,100 $ 52,900 F. Using the budgeted contribution margin income statement in part E. above, calculate the following: a. Breakeven in units: b. Operating Leverage Multiplier: Given a sales volume increase of 8%, operating income will increase by: c. Percent: d. Dollars: #N/A #N/A #N/A #N/A
Urban Company reports the following information regarding its production cost: Units produced Direct labor Direct materials Variable overhead Fixed overhead Compute product cost per unit under variable costing. Multiple Choice O $24.00 $47.46 $54.00 26,000 units $ 19 per unit $ 24 per unit $ 11 per unit $ 116,000 in total $19.00
Costing information for Emily Elephant Limited is as follows:Direct material cost per unitDirect labour cost per unitVariable manufacturing overhead cost per unitVariable selling and administrative overhead cost per unitFixed manufacturing overhead for the year£41 £43£6£4£44,000Budgeted production for the year was 4,000 units. What is the budgeted unit product cost according to an absorption costing system? a. £90 b. £101 c. £105d. £94
I need c and d part
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ALL Acme Company, which has only one product, has provided the following data concerning its most recent month of operations: Selling price Units in beginning inventory Units produced Units sold Units in ending inventory Variable costs per unit: Direct materials Direct labor $172 0 9,700 9,300 400 Variable manufacturing overhead Variable selling and administrative expense Fixed costs: Fixed manufacturing overhead Fixed selling and administrative expense $33 $75 $21 $25 $145,500 $ 10,300