Please don't give image format Consider the following data of the Vancouver Company for the year 2019:$10,000 Leasing costs-plant100,000 Amortization- equip.7,000 Property taxes-equip.Sandpaper-PlantMaterials handling PlantCoolants-PlantIndirect manufacturing labourDirect manufacturing labourDirect materials, 1/1/2019Finished goods, 1/1/2019Finished goods, 12/31/2019WIP, 1/1/2019WIP. 12/31/2019A) $0.119B) $0.11886,000 Fire insurance-equip.680,000 Direct material purchases120,000 Direct materials 12/31/2019210,000 Sales400,000 Sales commissions30,000 Sales salaries20,000 Advertising costs250,000Administration costsWhat is the unit cost for the plant leasing costs for 2019 assuming plant leasing costs are for the production of 1,014,000 units?C) $0.110D) $0.900$120,00070,00010,0005,000980,00086,0004,000,000200,000180,000150,000

Plant leasing cost is the cost associated with leasing a piece of plant, machinery or…

Consider the following data of the Vancouver Company for the year 2019. $10,000 Leasing costs-plant 100,000 Amortization equip. 7,000 Property taxes-equip. 86,000 Fire insurance-equip. 680,000 Direct material purchases 120,000 Direct materials 12/31/2019 210,000 Sales 400,000 Sales commissions 30,000 Sales salaries Sandpaper-Plant Materials handling Plant Coolants-Plant Indirect manufacturing labour Direct manufacturing labour Direct materials, 1/1/2019 Finished goods, 1/1/2019 Finished goods, 12/31/2019 WIP. 1/1/2019 WIP. 12/31/2019 A) $0.119 Administration costs What is the unit cost for the plant leasing costs for 2019 assuming plant leasing costs are for the production of 1,014,000 units? B) 50.118 C) 50.110 20,000 Advertising costs 250,000 D) $0.900 $120,000 70,000 10,000 5,000 980,000 86,000 4,000,000 200,000 180,000 150.000

Consider the following data of the Vancouver Company for the year 2019. $10,000 Leasing costs-plant 100,000 Amortization equip. 7,000 Property taxes-equip. 86,000 Fire insurance-equip. 680,000 Direct material purchases 120,000 Direct materials 12/31/2019 210,000 Sales 400,000 Sales commissions 30,000 Sales salaries Sandpaper-Plant Materials handling Plant Coolants-Plant Indirect manufacturing labour Direct manufacturing labour Direct materials, 1/1/2019 Finished goods, 1/1/2019 Finished goods, 12/31/2019 WIP. 1/1/2019 WIP. 12/31/2019 A) $0.119 Administration costs What is the unit cost for the plant leasing costs for 2019 assuming plant leasing costs are for the production of 1,014,000 units? B) 50.118 C) 50.110 20,000 Advertising costs 250,000 D) $0.900 $120,000 70,000 10,000 5,000 980,000 86,000 4,000,000 200,000 180,000 150.000

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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Question

Please don't give image format

Consider the following data of the Vancouver Company for the year 2019:
$10,000 Leasing costs-plant
100,000 Amortization- equip.
7,000 Property taxes-equip.
Sandpaper-Plant
Materials handling Plant
Coolants-Plant
Indirect manufacturing labour
Direct manufacturing labour
Direct materials, 1/1/2019
Finished goods, 1/1/2019
Finished goods, 12/31/2019
WIP, 1/1/2019
WIP. 12/31/2019
A) $0.119
B) $0.118
86,000 Fire insurance-equip.
680,000 Direct material purchases
120,000 Direct materials 12/31/2019
210,000 Sales
400,000 Sales commissions
30,000 Sales salaries
20,000 Advertising costs
250,000
Administration costs
What is the unit cost for the plant leasing costs for 2019 assuming plant leasing costs are for the production of 1,014,000 units?
C) $0.110
D) $0.900
$120,000
70,000
10,000
5,000
980,000
86,000
4,000,000
200,000
180,000
150,000

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