If a company expects to produce 1,778 units of Finished Goods; and Each Finished Good is expected to get 7 pounds of Raw Material; and Raw Material is expected to cost $ 5.00 per pound. (Round answers to the nearest whole dollar/input code: 0): Part 1: If all expectations are met without deviation, how much will the company expect for total raw materials cost Part 2: If the company ends up producing 1,662 units of Finished Goods, what would their updated expectation of total raw materials cost be? $

If a company expects to produce 1,778 units of Finished Goods; and Each Finished Good is expected to get 7 pounds of Raw Material; and Raw Material is expected to cost $ 5.00 per pound. (Round answers to the nearest whole dollar/input code: 0): Part 1: If all expectations are met without deviation, how much will the company expect for total raw materials cost Part 2: If the company ends up producing 1,662 units of Finished Goods, what would their updated expectation of total raw materials cost be? $

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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Division A has the capacity to produce 120,000 units. The normal selling price of each unit is P80. The variable cost incurred for each unit is P42. Total direct fixed cost for the relevant range is P1,150,000. Division B can use the products of Division A as an input in its manufacturing process but is currently acquiring the said products from an outside supplier. The price per unit is P75. Total annual demand is 30,000 units. Assuming sufficient capacity, what is the minimum acceptable transfer price to Division A? Assuming only 22,500 excess capacity, what is the minimum acceptable transfer price to Division A? Assuming only 22,500 excess capacity and that Division A can avoid variable selling cost per unit of P4 but will incur a one-time fixed cost of P30,000 for the order, what is the minimum acceptable transfer price to Division A? Assuming no excess capacity, what is the minimum acceptable transfer price to Division A? What is the maximum acceptable transfer…
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