StarEdge Appliances produces smart kitchen devices. The following per- unit cost information is available: Cost Component Direct Materials Amount ($) 45 28 Direct Labor Variable Manufacturing Overhead Variable Selling & Administrative Expenses Fixed Manufacturing Overhead Fixed Selling & Administrative Expenses Desired ROI per Unit 18 14 50 35 40.50 Calculate the markup percentage using variable-cost pricing.

StarEdge Appliances produces smart kitchen devices. The following per- unit cost information is available: Cost Component Direct Materials Amount ($) 45 28 Direct Labor Variable Manufacturing Overhead Variable Selling & Administrative Expenses Fixed Manufacturing Overhead Fixed Selling & Administrative Expenses Desired ROI per Unit 18 14 50 35 40.50 Calculate the markup percentage using variable-cost pricing.

Principles of Cost Accounting

17th Edition

ISBN:9781305087408

Author:Edward J. Vanderbeck, Maria R. Mitchell

Publisher:Edward J. Vanderbeck, Maria R. Mitchell

Chapter4: Accounting For Factory Overhead

Section: Chapter Questions

Problem 4P: Using the data in P4-2 and Microsoft Excel: 1. Separate the variable and fixed elements. 2....

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This cost data from Hickory Furniture is for the year 2017. Using the high-low method, express the companys utility costs as an equation where X represents number of tables produced. Predict the utility costs if 800 tables are produced. Predict the utility costs if 600 tables are produced. Using Excel, create a scatter graph of the cost data and explain the relationship between number of tables produced and utility expenses.
This cost data from Hickory Furniture is for the year 2017. Using the high-low method, express the factory utility expenses as an equation where x represents number of chairs produced. Predict the utility costs if 900 chairs are produced. Predict the utility costs if 750 chairs are produced. Using Excel, create a scatter graph of the cost data and explain the relationship between number of chairs processed and utility expenses.
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Ayala Inc. has conducted the following analysis related to its product lines, using a traditional costing system (volume-based) and an activity-based costing system. Both the traditional and the activity-based costing systems include direct materials and direct labor costs. Products Product 540X Product 137Y Product 2495 Sales Revenue $208,000 155,000 92.000 Total Costs Traditional $54,000 48,000 23.000 ABC $49,000 30,000 46,000
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The cost based using the absorption costing approach is
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