Question 3 of 12 View Policies - / 12.5 III Current Attempt in Progress Blossom Company manufactures boats, each of which is equipped with a cellular phone. During September, 2025, the company purchased 102 cellular phones at a cost of $110 each. Blossom withdrew 78 phones from the warehouse during the month. 28 of these phones were installed in salespersons' cars and the remaining 50 phones were put in boats manufactured during the month. The remaining phones are to be installed in boats in the next production run. Of the boats put into production during September, 2025, 80% were completed and transferred to the company's storage lot. Fifty percent of the boats completed during the month were sold by September 30. Determine the cost of cellular phones that would appear in each of the following accounts at September 30, 2025: Raw materials inventory Work in process inventory Finished goods inventory Cost of goods sold Selling expenses Total $ $

Question 3 of 12 View Policies - / 12.5 III Current Attempt in Progress Blossom Company manufactures boats, each of which is equipped with a cellular phone. During September, 2025, the company purchased 102 cellular phones at a cost of $110 each. Blossom withdrew 78 phones from the warehouse during the month. 28 of these phones were installed in salespersons' cars and the remaining 50 phones were put in boats manufactured during the month. The remaining phones are to be installed in boats in the next production run. Of the boats put into production during September, 2025, 80% were completed and transferred to the company's storage lot. Fifty percent of the boats completed during the month were sold by September 30. Determine the cost of cellular phones that would appear in each of the following accounts at September 30, 2025: Raw materials inventory Work in process inventory Finished goods inventory Cost of goods sold Selling expenses Total $ $

Managerial Accounting: The Cornerstone of Business Decision-Making

7th Edition

ISBN:9781337115773

Author:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Publisher:Maryanne M. Mowen, Don R. Hansen, Dan L. Heitger

Chapter11: Performance Evaluation And Decentralization

Section: Chapter Questions

Problem 49P: (Appendix 11A) Cycle Time and Velocity, Manufacturing Cycle Efficiency A company like Kicker...

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Question 3 (6 marks) Rad Inc. makes two boats in addition to their regular fleet. These two boats, the AFQ3 and ABQ7, can be special ordered and the company will occasionally offer them for sale without orders when the company resources permit their production. In total 2400 machine-hours are available for making both products. The AFQ3 requires 4 hours per unit and the ABQ7 requires 6 hours per unit. Also available are 1600 person-hours for painting the products. The respective number of person-hours required for painting the AFQ3 and ABQ7 are 2 and 4 respectively. The company has orders for 240 units of the A-Fly. Each AFQ3 contributes $250 to company profits while the ABQ7 contributes $320 to company profits. a. State the objective function and the constraints related to the above conditions. 3 marks b. Sketch the constraints to this linear programming problem, determine the points that make the feasible region and the optimal number of A-Fly and B-Fly. (Show your calculations). 3…
Homwork Question 6 MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has received a bid from Monte Legend Co. (MLC) to produce 10,000 units of the module per year for $16 each. The following information pertains to MSI’s production of the control modules: Direct materials $9Direct labor $4Variable manufacturing overhead $2Fixed manufacturing overhead $3Total cost per unit $18 MSI has determined that it could eliminate all variable costs if the control modules were produced externally, but none of the fixed overhead is avoidable. At this time, MSI has no specific use in mind for the space that is currently dedicated to the control module production. 1. Compute the difference in cost between making and buying the control module.
eBook Question Content Area Sell or Process Further Pharmaco Corporation buys three chemicals that are processed to produce two popular ingredients for liquid pain relievers. The three chemicals are in liquid form. The purchased chemicals are blended for two to three hours and then heated for 15 minutes. The results of the process are two separate ingredients, PR1 and PR2. For every 4,300 gallons of chemicals used, 2,000 gallons of each pain reliever are produced. The pain relievers are sold to companies that process them into their final form. The selling prices are $34 per gallon for PR1 and $45 per gallon for PR2. The costs to produce one batch (containing 2,000 gallons of each chemical) are as follows: Chemicals $23,400 Direct labor 9,000 Catalyst 3,600 Overhead 8,000 The pain relievers are bottled in five-gallon plastic containers and shipped. The cost of each container is $2.10. The costs of shipping are $0.50 per container. Pharmaco Corporation could process PR1…
Question 4 View Policies Current Attempt in Progress Concord Corporation required production for June is 62000 units. To make one unit of finished product, three pounds of direct material Z are required. Actual beginning and desired ending inventories of direct material Z are 230000 and 260000 pounds, respectively. How many pounds of direct material Z must be purchased? 186000 216000. O 168000. O 198000. hp C ins prt sc + delete home end & 7 num backspace lock Y 7 home K 4 enter pause T shift end alt ctr Σ 00 I
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6. Problem 16-11 (Algo) One of your Taiwanese suppliers has bid on a new line of molded plastic parts that is currently being assembled at your plant. The supplier has bid $0.10 per part, given a forecast you provided of 100,000 parts in year 1; 200,000 in year 2; and 300,000 in year 3. Shipping and handling of parts from the supplier’s factory is estimated at $0.01 per unit. Additional inventory handling charges should amount to $0.005 per unit. Finally, administrative costs are estimated at $20 per month. Although your plant is able to continue producing the part, the plant would need to invest in another molding machine, which would cost $10,000. Direct materials can be purchased for $0.04 per unit. Direct labor is estimated at $0.02 per unit for wages plus a 50 percent surcharge for benefits and, indirect labor is estimated at $0.010 per unit plus 50 percent benefits. Up-front engineering and design costs will amount to $30,000. Finally, management has insisted that…
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Exercise 11-10 Make or Buy Decision [L011-3] Futura Company purchases the 50,000 starters that it installs in its standard line of farm tractors from a supplier for the price of $11.70 per unit. Due to a reduction in output, the company now has idle capacity that could be used to produce the starters rather than buying them from an outside supplier. However, the company's chief engineer is opposed to making the starters because the production cost per unit is $11.90 as shown below: Per Unit $ 5.00 3.20 Total Direct materials Direct labor Supervision Depreciation Variable manufacturing overhead 1.80 $ 90,000 1.00 0.50 $ 50,000 Rent 0.40 $ 20,000 Total production cost $11.90 If Futura decides to make the starters, a supervisor would have to be hired (at a salary of $90,000) to oversee production. However, the company has sufficient idle tools and machinery such that no new equipment would have to be purchased. The rent charge above is based on space utilized in the plant. The total rent…
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