None Your plant produces 100 snowmobiles per month.Direct costs are $2,000 per snowmobile. Themonthly overhead is $90,000. What is the averagecost per snowmobile with overhead?a. $2,000b. $2,900c. $29,000d. $92,000

Given,Direct costs: These are the costs directly associated with producing each snowmobile. In this…

Answered: Your plant produces 100 snowmobiles per…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter8: Standard Costs And Variances

Section: Chapter Questions

Problem 4EA: Use the information provided to create a standard cost card for production of one glove box switch....

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Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. The monthly overhead is $90,000. What is the average cost per snowmobile with overhead? a. $2,000 b. $2,900 c. $29,000 d. $92,000
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Summer company manufactures beach chairs. $ 4.00 of direct materials are needed for each chair. Labor is $ 15 an hour. The company manufactures 3 chairs per hour. Indirect costs are $ 9.00 per hour. Commissions to sellers are $ 2.00 per unit sold. The cost of a chair will be:
if the employees make 15$/hour what is the toral cost of trianing?
A manual assembly line is being designed for a product with annual demand = 100,000 units. The line will operate 50 wks/year, 5 shifts/wk, and 7.5 hr/shift. Work units will be attached to a continuously moving conveyor. Work content time = 42.0 min. Assume line efficiency E = 0.97, balancing efficiency Eb = 0.92, and repositioning time Tr = 6 sec. Determine: (a) hourly production rate to meet demand, (b) number of workers required.
machine is being considered for the production of a part , the material cost is 15% per part and the 15$ hour and the overhead rate is 10$ per per hour. the production rate for the machine is 250 part per hour, percent of parts rejected is 16%. calculate the profit generated by the machine per day
Terra Nova, Inc. has the capacity to rewire 300 vehicle wiring harnesses per day. The expected number of vehicles needing to be rewired per day is 225. The company is paid $26 for each wiring harness rewired. The fixed cost of renting the rewiring equipment is $250 per day. The vehicle bays space rents for $150 per day. The cost of materials is $18 per vehicle and labor costs $3 per wiring harness. What is the break-even number of wiring harnesses rewired per day?
o make one switch it takes 16 feet of plastic-coated copper wire and 0.5 pounds of plastic material. The plastic material can usually be purchased for $20.00 per pound, and the wire costs $2.50 per foot. The labor necessary to assemble a switch consists of two types. The first type of labor is assembly, which takes 3.5 hours. These workers are paid $27.00 per hour. The second type of labor is finishing, which takes 2 hours. These workers are paid $29.00 per hour. Overhead is applied using labor hours. The variable overhead rate is $14.90 per labor hour. The fixed overhead rate is $15.60 per hour. Use the information provided to create a standard cost card for production of one glove box switch, in the format given below:
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).
Bock Ltd. makes 200 wooden kitchen chairs every month and sells them for GHe50 each. Fixed month overheads are GH 3.00 and the standard cost of one chair is as follows: Materials 18 Direct Labour 8 Variable Overheads 7 Required: Calculate for one month 1. The variable cost of one chair 2. The breakeven point 3. The profit if 200 chairs are sold
The fixed costs within a machine shop are $3.4M annually. The main product this shop produces is priced at $15.00 per unit. Costs for material and labor are $6.50 per unit. What is the annual profit (or loss) if 300,000 units are sold?

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Your plant produces 100 snowmobiles per month. Direct costs are $2,000 per snowmobile. The monthly overhead is $90,000. What is the average cost per snowmobile with overhead? a. $2,000 b. $2,900 c. $29,000 d. $92,000