Your factory produces 200 bicycles per month. Direct costs are $500 per bicycle. The monthly overhead is $60,000. What is the average cost per bicycle with overhead? a. $500 b. $800 c. $3,000 d. $60,500
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- ?Your plant produces 134 snowmobiles per month. Direct costs are $2,540 per snowmobile. The monthly overhead is $87,000. What is the average cost per snowmobile with overhead? Solve the problemYour plant produces 134 snowmobiles per month. Direct costs are $2,540 per snowmobile. The monthly overhead is $87,000. What is the average cost per snowmobile with overhead? 4 PTS
- Clone Computers assembles and packages personal computer systems from brand-name components. Its Home Office PC System is assembled from components costing $1400 per system and sells for $2000. Labour costs for assembly are $100 per system. This product line's share of overhead costs is $10,000 per month. a. How many Home Office systems must be sold each month to break even on this product line? b. What will be the profit or loss for a month in which 15 Home Office systems are sold?Lillian Fok is president of Lakefront Manufacturing, a producer of bicycle tires. Fok makes 1,000 tres per day with the following resources: Labor 425 hours per day @ $12.00 per hour Raw Material: 20,000 pounds per day @ $1.00 per pound Energy: $5,250 per day Capital $10.250 per day a) Labor productivity per labor hour for these tires= tires/labor hour (round your response to two decimal places).Denger
- Atlantic Manufacturing produces and sells children’s bikes at an average price of $80. Its costs are as follows: direct materials = $15; direct labour = $7; variable overhead = $3; sales commission is 5% of price. Its fixed monthly costs are $50,000. Required: 1. Using the above cost data, set up a monthly cost equation. Y=___+___x 2. What is the company’s contribution margin percentage? (Round your answer to 2 decimal places.) Contribution Margin %A company manufactures travel cases. Travel cases have the following manufacturing costs: £ per bag Labour (5 hours at £5.00/hour) 25 Materials 40 Variable production overheads 10 In addition, the company has monthly fixed manufacturing overhead costs of £100,000. If 5,000 travel cases are manufactured every month, what is the total cost of manufacturing? a) £375,000 b) £475,000 c) £425,000 d) £325,000Woody’s Widget Shop has the following information: The average widgethas a sales price of $18; raw materials for the widget are $4; it takes30 minutes to assemble one widget; and production labor is paid $8 perhour. Operating expenses are as follows: salaries, $2,500 per week; insurance,$1,200 per quarter; rent, $3,000 per month; and utilities, $1,000 per month.a. How many widgets must be sold each month in order to break even?b. How many dollars in sales does this represent?c. What is the contribution margin for each widget sold?d. If the goal is to make $100,000 profit per month, how many widgets mustbe sold?
- if the employees make 15$/hour what is the toral cost of trianing?A company has been making wakeboards for many years. The monthly overhead is $19,000 and each wakeboard costs $363 in materials and labor to make. If these items are sold for $475. How many wakeboards must be sold to break even? What is the profit in dollars if 189 wakeboards are made and sold?Currently, Grab Industrial makes 1,000 tyres every month. For sales to ordinary customers, the per-unit information for 1,000 tyres is as follows: Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing costs 55 The factory has a 3,000 tyre capacity and is thinking about increasing output to 2,000 tyres. How much does it cost to make 2,000 tyres in total? a. $88,000 b. $68,000 c. $98,000 d. $110,000 $30 8 12