Question 16/1View PoliciesCurrent Attempt in ProgressIf the required direct materials purchases are 32000 pounds, the direct materials required for production is three timesthe direct materials purchases, and the beginning direct materials are three and a half times the direct materialspurchases, what are the desired ending direct materials in pounds?oport48000O 32000O 80000O 16000)hpprt scdeletehome%6numbackspacelockPhomeKenterpausetntnUSE YOUR SMARTPHONE FORMI

The correct answer is 48,000 pounds.

Answered: Question 16 /1 View Policies Current…

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 5 A manager must decide which type of machine to buy, A, B, or C. Machine costs are as follows: Machine Cost A 75000 45000 55000 Product forecasts and processing times on the machines are as follows: Processing Time Per Unit (minutes) Annual Machine Machine Machine Product Demand A B C 20000 9. 2 25000 4 5 10 8000 10 6. 4 46000 2 8 9. a) all 4 products. Machines operate 10 hours a day, 300 days a year. Calculate how many of each type of machine would be required to satisfy the demand for b) Assume that only purchasing costs are being considered. Which machine would have the lowest total cost? c) Consider this additional information: The machines differ in terms of hourly operating costs: The A machines have an hourly operating cost of $7 each, B machines have an hourly operating cost of $12 each, and C machines have an hourly operating cost of $10 each. Assume that the machines will be used only for one year. Which machine will have the lowest total cost (purchasing cost +…
google x S Dallas Xx B Score X M mybox takeAssignment/takeAssignmentMain.do?invoker=&take AssignmentSession Locator=&inprogress=false < 3 # < Check My Work [3 $ Journalize Standard Cost Entries Encinas Company produced 4,700 units that require 10 standard pounds per unit at $3 standard price per pound. The company actually used 47,900 pounds in production. Journalize the entry to record the standard direct materials used in production. If an amount box does not require an entry, leave it blank. Oll % M O Cenga x B Cenga x 2 G Cathol X + ChromeOS update for Android... Update required today 100 <☆ D - 18m Nov 14 6:28 0
%24 My Home ngagevoWv2| Online teachir x O ) (29) Doja Cat, The Weeknd ow.com/ilrn/takeAssignment/takeAssignmentMam.ao?invoker=&takeAssignmentSessionLocator=&inprogress=false +| x eBook Marlin Motors sells a single product with a selling price of $350 with variable costs per unit of $140. The company's monthly fixed expenses are $42,000. A. What is the company's break-even point in units? Break-even units V units 007 B. What is the company's break-even point in dollars? Break-even dollars $ A 000'0 Feedback Check My Work A. What is the contribution margin per unit? Determine this amount and use it to determine how many units are needed to cover the fixed costs. B. How many units are needed to break even? Use amount to determine the total sales dollars needed. C. Prepare a contribution margin income statement for the month of November when they will sell 110 units. Use a minus sign for a net loss if present. Income Statement Sales 24 38,500 Variable Costs A00t Contribution Margin 23,100…
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O x ezt.prod.mheducation.com/Me × ezt.prod.mheducation.com/Me x ezt.prod.mheducation.com/Me + io.com/secured #lockdown d: Exam 5 i Saved NEXIGO Help ☆ Save & Exit ssume a company is considering using available space to make 10,000 units of a component part that it has been buying from a supplier for a price of $40.75 per mit. The company's accounting system estimates the following costs of making the part: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead, traceable Fixed manufacturing overhead, allocated Total cost Per 10,000 Units Unit per Year $ 17 $ 170,000 12 120,000 2 20,000 8 80,000 4 40,000 $ 45 $ 430,000 D One-half of the traceable fixed manufacturing overhead relates to a supervisor that would have to be hired to oversee production of the part. The remainder of the raceable fixed manufacturing overhead relates to depreciation of equipment that the company already owns. This equipment has 20,000 units of unused capacity. mo resale…
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WAK 200 A LEXO C * 40 W Question 1 of 30 S View Policies Current Attempt in Progress 3 VLE Knight Company reports the following costs and expenses in May. Factory utilities Depreciation on factory equipment Depreciation on delivery trucks Indirect factory labor Indirect materials Direct materials used Factory manager's salary From the information: (a) *** 4. 438 4 69 4 Manufacturing overhead Save for Later R F HINGA % LO 5 a p G > Determine the total amount of manufacturing overhead. 16 6 H $ LA WAS MAN Do & $15,600 7 13,050 U 4,000 49,300 84,200 139,700 J 8,700 Direct labor 8 Sales salaries Property taxes on factory building Repairs to office equipment Factory repairs Advertising Office supplies used K 9 L O 14 RS FACIAL COMP MOBILE AL SE P $69,400 11 49,900 3,000 2,200 2,960 15,600 3,000 Attempts: 0 of 1 used Submit Answer prt sc www. backspace -/10 E TASSURA Scr ik enter insert delete pause home end clear pg up pg dn 7
Proctoring Enable X brewer5ce_exhibit10_2.jpg (795 X > brewer5ce_exhibit10_1.jpg (683 + 0 getproctorio.com/secured #lockdown toring Enabled: Assignment 4 i Saved 2 The Engine Guys produces specialized engines for "snow climber" buses. The company's normal monthly production volume is 7,000 engines, whereas its monthly production capacity is 14,000 engines. The current selling price per engine is $1,100. The cost per unit of manufacturing and marketing the engines at the normal volume is as follows: Costs per Unit for Engines 00:54:56 eBook Manufacturing costs: Direct materials Direct labour $ 100 176 Variable overhead 30 Fixed overhead 176 Subtotal $ 482 Marketing costs: Variable Fixed Subtotal Total unit cost $ 55 121 176 $ 658 Mc Graw Hill ming ngs Required: Answer the following independent questions. 1-a. The Provincial Bus Company wishes to purchase 700 engines in October. The bus company is willing to pay a fixed fee of $840,000 and reimburse The Engine Guys for all manufacturing…
CALCULATOR FULL SCREEN PRINTER VERSION 1 BACK NEXT CES Exercise 6-09 a1,a2, b (Part Level Submission) а-с Moath Company reports the following for the month of June. a- Units Unit Cost Total Cost art June 1 Inventory 200 $5 $ 1,000 12 Purchase 400 6. 2,400 on) 23 Purchase 300 7 2,100 30 Inventory 100 udy (a1) MYour answer is correct. Calulate Weighted Average Unit Cost. (Round answer to 2 decimal places, e.g. 15.25.) Weighted Average Unit Cost 6.11 SHOW SOLUTION LINK TO TEXT
%24 B15 Chapter 10 Lab application-A X コ* W Bb Chapter 10 Lab application - A X CengageNOWv2| Online teach : takeAssignment/takeAssignmentMain.do?invoker%=&takeAssignmentSessionLocator=&inprogre... O ☆ eBook Show Me How The following information is taken from a company's records. Cost Market value per Unit per Unit Inventory Item 1 (9 units) $32 $31 Inventory Item 2 (21 units) 6 - Inventory Item 3 (12 units) 9. 8. Applying the lower-of-cost-or-market approach, what is the correct value that should be reported on the balance sheet for inventory? Show All Check Mv Work 4 more Check My Work uses remaining Sample Proble...docx Sample Proble....docx Proble....docx
lod X * CengageNOWv2 | On x 6 Cengage Learning B Milestone Two Guidel x G module 5 problem set x lrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=.. 向 еВBook Show Me How Units-of-activity Depreciation A truck acquired at a cost of $180,000 has an estimated residual value of $9,850, has an estimated useful life of 41,000 miles, was driven 3,300 miles during the year. Determine the following. If required, round your answer for the depreciation rate to two decimal places. (a) The depreciable cost (b) The depreciation rate per mile (c) The units-of-activity depreciation for the year Next Previous 33 Check My Work A O E O 11/2 56°F Mostly cloudy %23
Subject/Course: Financial Accounting.

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