Perl Corp. applies to manufacturing overhead costs to products at a budgeted indirect-cost rate of $55 per direct manufacturing labor hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $46,000; 400 direct manufacturing labor- hours at $15 per hour; and a 50% markup rate on total manufacturing costs. The bid price for this special order is: a. $78,000. b. $62,000. c. $111,000. d. $102,000.
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- Crandle Corp. applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $55 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: ef $37.000; 600 direct manufacturing labor - hours at $30 per hour, and a 30% markup rate on total manufacturing costs. Estimated total product costs for this special order equal OA S70,000 OB $114,400 OC S88,000 OD. S55.000 O Time Remaining: 02:10:08 Next 24 7. 8. 6 2Caropa Suppliers applies manufacturing overhead costs to products at a budgeted indirect-cost rate of$60 per direct manufacturing labor-hour. A retail outlet has requested a bid on a special order of the Toy product. Estimates for this order include: Direct materials $40,000; 500 direct manufacturing labor-hours at $20 per hour; and a 20% markup rate on total manufacturing costs.Required: Estimated total manufacturing costs for this special order equal: a. $50,000 b. $96,000 c. None of these answers is correct. d. $80,000JJoni's Kitty Supplies applies manufacturing overhead costs to products at a budgeted indirect-cost rate of 60 dollars per direct manufacturing labor hour. A retail outlet has requested a bid on a special order of the Toy Mouse product. Estimates for this order include: Direct materials worth 40,000 dollars, 500 direct manufacturing labor hours at $20 per hour 20% markup rate on total manufacturing costs. The bid price for this special order is:
- Candle Corp applies manufacturing overhead costs to products at a budgeted indirect - cost rate of $65 per direct manufacturing labor hour A retail outlet has requested a bid on a special order of a necklace Estimates for this order include Direct materials of $38,000 , 600 direct manufacturing labor -hours at $35 per hourand a 20markup rate on total manufacturing costs The bid price for this special order is56000 70000 92400 117600Manchester Company applies manufacturing overhead costs to products at a budgeted indirect-cost rate of $60 per direct manufacturing labor- hour. A retail outlet has requested a bid on a special order of a necklace. Estimates for this order include: Direct materials of $50,000; 400 direct manufacturing labor-hours at $20 per hour; and a 30% markup rate on total manufacturing costs. Estimated total product costs for this special order equal O $96,000 O $76,000 O 582,000 O $80,000 ProviourRundle Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials. Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Rundle for $2.60 each. Required a. Calculate the total relevant cost. Should Rundle continue to make the containers? b. Rundle could lease the space it currently uses in the manufacturing process. If leasing would produce $11,600 per month, calculate the total avoidable costs. Should Rundle continue to make the containers? Answer is complete but not entirely correct. $ a. Total relevant cost a. Should Rundle continue to make the containers? b. Total avoidable cost b. Should Rundle continue to make the containers? 190.650,000 Yes $24,180,000 $ 5,200 6,100 4,000 7,800…
- Cara manufactures furniture. The cost accounting system estimates manufacturing costs to be $480 per table, consisting of 60% variable costs and 40% fixed costs. The company has surplus capacity available. It is Cara's policy to add a 50% markup to full costs. Cara is invited to bid on a one-time-only special order to supply 200 tables. Required: What is the lowest price Cara should bid on this special order? Question 6Answer a. $28,800 b. $57,600 c. $48,000 d. $86,400Maine Temps, a large labour contractor, supplies contract labour to building-construction companies. For the year, Maine Temps has budgeted to supply 88,000 hours of contract labour. Its variable costs are $10 per hour, and its fixed costs are $176,000. Roger Mason, the general manager, has proposed a cost-plus approach for pricing labour at full cost plus 10%. Required Required 1. Calculate the price per hour that Maine Temps should charge based on Mason's proposal. 2. The marketing manager supplies the following information on demand levels at different prices: Price per Hour Demand (Hours) 13 129,000 15 106,000 17 88,000 18 75,000 20 66,000 Maine Temps can meet any of these demand levels. Fixed costs will remain unchanged for all the demand levels. On the basis of this additional information, calculate the price per hour that Maine Temps should charge to maximize operating income. 3. Comment on your answers to requirements 1 and 2. Why are they the same or different? X osal.…Alpha currently makes a subassembly for its main product. The costs per unit are as follows: Direct materials $ 45.00 Direct labor 35.00 Variable overhead Fixed overhead 30.00 Total $143.00 33.00 Vendor has contacted Alpha with an offer to sell 5,000 of the subassemblies for $135.00 each. Alpha will eliminate $85,000 of fixed overhead if it accepts the proposal. 25) Which option, make or buy, gives Alpha the higher operating income? By how much?
- Perez Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,300 containers follows. Unit-level materials $ 6,000 6,900 3,600 8,400 26,500 Unit-level labor Unit-level overhead Product-level costs* Allocated facility-level costs *One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Perez for $2.80 each. Required a. Calculate the total relevant cost. Should Perez continue to make the containers? b. Perez could lease the space it currently uses in the manufacturing process. If leasing would produce $12,800 per month, calculate the total avoidable costs. Should Perez continue to make the containers? a. Total relevant cost Should Perez continue to make the containers? b. Total avoidable cost Should Perez continue to make the containers?Cool Air Inc., manufactures single room sized air conditioners. The cost accounting system estimates manufacturing costs to be $230 per air conditioner, consisting of 60% variable costs and 40% fixed costs. The company has surplus capacity available. It is Cool Air Inc.'s policy to add a 30% markup to full costs. Cool Air Inc., is invited to bid on a one-time-only special order to supply 110 air conditioners. What is the lowest price Cool Air Inc. should bid on this special order? A. $25,300 B. $32,890 C. $15,180 D. $35,420Jordan Electronics currently produces the shipping containers it uses to deliver the electronics products it sells. The monthly cost of producing 9,100 containers follows. Unit-level materials Unit-level labor Unit-level overhead Product-level costs Allocated facility-level costs $ 5,700 6,800 3,900 8,100 27,200 One-third of these costs can be avoided by purchasing the containers. Russo Container Company has offered to sell comparable containers to Jordan for $2.90 each. Required a. Calculate the total relevant cost. Should Jordan continue to make the containers? b. Jordan could lease the space it currently uses in the manufacturing process. If leasing would produce $12.300 per rhonth, calculate the total avoidable costs. Should Jordan continue to make the containers? a. Total relevant cost Should Jordan continue to make the containers? b. Total avoidable cost Should Jordan continue to make the containers?