The following particulars are extracted from the record of a company. Product A Product B ( Per unit) ( Per unit) 100 120 Selling price (Rs.) Consumption of raw materials (Kg) Direct Wages Cost (Rs.) Direct Expenses(Rs.) 2 3 15 10 5 6 Overhead Expenses Fixed (Rs.) Variable (Rs.) 5 10 15 20 Raw material cost per Kg is Rs. 5/=. Assume raw materials as the limiting factor, availability of which is 10,000 Kg per month. If maximum sales potential of each product is 3,500 units per month, find out the product mix which will maximize the company profit. Also, determine the profit that will be earned at the above product mix.

The following particulars are extracted from the record of a company. Product A Product B ( Per unit) ( Per unit) 100 120 Selling price (Rs.) Consumption of raw materials (Kg) Direct Wages Cost (Rs.) Direct Expenses(Rs.) 2 3 15 10 5 6 Overhead Expenses Fixed (Rs.) Variable (Rs.) 5 10 15 20 Raw material cost per Kg is Rs. 5/=. Assume raw materials as the limiting factor, availability of which is 10,000 Kg per month. If maximum sales potential of each product is 3,500 units per month, find out the product mix which will maximize the company profit. Also, determine the profit that will be earned at the above product mix.

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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ABC Company, reports the following per unit revenues and per unit costs at two levels of production Beginning Inventory = 0 Units Ending Inventory = 0 Units 1000 Units 2000 Units Sales Revenue 120 120 Costs: Direct Materials 30 30 Maintenance 12 7.5 Direct Labor 25.5 25.5 Indirect Material 1.5 1.5 Depreciation 6 3 Utilities 4.5 3.75 Rent 9 4.5 Total Cost Required: 1- According to classifying costs as variable, fixed, and mixed. What is the type of: Your Answer a. Direct Labor Cost b. Depreciation Cost c. Utilities Cost 2- ABC company total cost at level of production of 1400 units Your Answer 3- ABC company total cost formula Your Answer 4- ABC company contribution margine at level of production of 1500 units Your Answer 5- ABC company net income at level of production of 2000 units Your Answer 6- ABC company throughput margine at level of production of 1500 units Your Answer
No need generalized ok
Need detail explanation Q. Find the breakeven point and provide the income statement at break even. ** attached image
Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round Contribution percent to 1 decimal place.) Sales Cost of goods sold Gross profit Total direct expenses Contribution to overhead Contribution percent (of sales) O Department A O Department B Department C Dept. A $ 57,000 35,910 21,090 5,820 Dept. B $207,000 107,640 99,360 44,200 Which department contributes the largest dollar amount to total overhead? Department A O Department B O Department C Dept. C $ 77,000 40,810 36,190 9,146 Which department contributes the highest percent (as a percent of sales) to total overhead?
Darmian Corp. production for the year equaled 21 000 units and sales reached 19 000 units. Would Pearson net income be higher under: a. Variable costing system b. Absorption costing system c. Fixed costing system d. Contribution costing system
The following data are from the accounting records of Niles Castings for year 2 Units produced and sold Total revenues and costs Sales revenue Direct materials costs Direct labor costs Variable manufacturing overhead Fixed manufacturing overhead Variable marketing and administrative costs Fixed marketing and administrative costs Required: a. Prepare a gross margin income statement. b. Prepare a contribution margin income statement. Required A Required B 89,000 Complete this question by entering your answers in the tabs below. Prepare a gross margin income statement. $280,000 64,000 40,000 18,000 43,000 11,500 32,000
The following data relates to the operations of company A; direct material cost per unit- ghc5, direct labour cost/unit- ghc20 @ ghc2/hour, indirect production expense is made up of- depreciation- 50000, indirect material- ghc30000, and indirect labour- ghc20000. The company plans to produce 5000units and absorb overhead based on direct labour hours. What is the cost per unit? A. Ghc45 B. Ghc40 C. Ghc35 D. Ghc30 Reset Selection
For a company with the product portfolio in the Table, determine an aggregate unit and determine the material cost, revenue and net production time per aggregate unit. Family Material Revenue/ Percentage Share Setup Time/Batch Batch Size (hour) Average Production Net Cost/ Unit Unit ($) ($) Time/ Unit Production of Units Sold Time/Unit (hour) 5.76 (hour) A 15 54 8 50 5.60 20 B 7 30 6 150 3.00 3.04 30 3.80 4.80 9 39 8 100 3.88 35 15 12 49 10 50 5.00
subject:accounting ACCT 203 produces and sells lighting fixtures. An entry light has a total cost of $180 per unit, of which $100 is product cost and $80 is selling and administrative expenses. In addition, the total cost of $180 is made up of $110 variable cost and $70 fixed cost. The desired profit is $45 per unit. Determine the markup percentage on product cost.
Accounting Alta Ltd. is manufacturing three products : A, B and C. The costs of manufacture are as follows Fixed costs of Alta Ltd. is $15,000. Calculate profit and do a CVP Analysis for Alta Ltd. Products Raw Material Labour Overheads Sales A 16,000 14,000 10,000 60,000 B 20,000 17,000 12,000 70,000 C 26,000 18,000 14,000 80,000
By using the information given below calculate the net income under the traditional costing method. Show your calculations. (No beginning finished goods inventory.) Variable cost of goods sold per unit Fixed cost of goods sold per unit Variable operating expenses per unit Fixed operating expenses per unit Selling price Number of units sold Number of units produced 18,000 20,000 $4.00 $ 3.00 $1.50 $1.25 $12.00
s

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