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 problem
Q: The variable expense per unit is:
A: To calculate the variable expense per unit, we use the contribution margin ratio formula:…
Q: Calculate return on equity on these general accounting question
A: To calculate the Return on Equity (ROE), we use the formula:ROE = Net Income /…
Q: Debt-to-equity ratio?
A: We must compute for the debt-to-equity ratio.The debt-to-equity (D/E) ratio is a key indicator of a…
Q: What will be the firm's cash cycle?? General accounting
A: Step 1: Define Cash cycleCash cycle is given as the inventory conversion period plus the average…
Q: Kindly help me with general Accounting question
A: Step 1: Define Dividend Yield:The dividend yield ratio indicates the payment of the corporation's…
Q: What is the ROA?
A: The question pertains to the computation of the ROA. Return on Assets (ROA) is a type of return on…
Q: What asset turnover ratio is necessary to achieve an ROE of 18% ?? General accounting
A: Step 1:First, calculate the equity multiplier: Equity multiplier = Total assets / Total equity…
Q: Solve it general account tutor.
A: Step 1: Key InformationDirect Materials:Units added: 11,783Cost: $82,481Direct Labor: $50,433Factory…
Q: A product has a selling price of $63, variable costs of $55, and fixed costs are $72,000. How many…
A: Step 1: Identify the values- Fixed Costs = $72,000 - Selling Price per Unit = $63 - Variable Cost…
Q: Need answer the general accounting question not use ai please don't
A: Step 1: Define Net Cash Provided by Operating Activities (Indirect Method)The indirect method…
Q: Quick answer of this accounting questions
A: Step 1: Definition of Interest RevenueInterest revenue represents the income earned from lending…
Q: Get correct answer accounting questions
A: Step 1: Definition of Credit SalesCredit sales for a given period can be determined using the…
Q: Financial Accounting 1
A: Concept of Beginning Inventory:Beginning inventory refers to the value of goods a company has in…
Q: I need this question financial accounting
A: Step 1: Calculate the total amount received:.Step 2: Identify Michael's adjusted basis in the…
Q: Hii expert please given correct answer general accounting
A: Step 1: Define Creditors"Creditor" is a term used to describe those entities to whom an enterprise…
Q: What are the equivalent units for materials for the month in the first Processing Department?
A: Step 1: Key FormulaThe equivalent units for materials is calculated as: Equivalent…
Q: Don't use ai given answer accounting questions
A: Step 1: Definition of Net IncomeNet income is the total revenue minus total expenses, including…
Q: Choose correct option. for this general account questions.
A: To determine the total liabilities, we use the accounting equation, which states:…
Q: Compute the net income
A: Explanation of Sales Revenue:Sales revenue refers to the total amount earned by a company from…
Q: The per unit manufacturing cost under variable costing is _.
A: To calculate the per unit manufacturing cost under variable costing, we include only the variable…
Q: The owner must therefore have:
A: To solve this, we use the accounting equation and the changes provided in assets, liabilities, and…
Q: How many units?
A: To solve this question, we use the break-even formula:Break-Even Units = (Fixed Costs) / (Selling…
Q: General Account
A: Step 1: Key InformationUnits Completed and Transferred Out: 8,000 (fully complete).Ending Work in…
Q: Question: A companys total liabilities are $247,000, and its equity is $987,000. What are the total…
A: Explanation: In the given case, we are provided with the amount of total liabilities and equity. We…
Q: What is wildwoods gross profit??
A: Step 1: Define Trading ProfitTrading profit, also called the gross profit is a very crucial metric…
Q: Answer
A: The question pertains to assets in accounting. An asset is a resource with economic value that an…
Q: Answer this Accounting problem
A: Explanation of Equivalent Units of Production (EUP):Equivalent Units of Production (EUP) is a…
Q: Need answer
A: The question requires the determination of the ROE and the ROIC.Return on equity (ROE) is a…
Q: Please need answer the accounting question
A: Step 1: Calculation of variable overhead per unitUnder variable costing, we consider only variable…
Q: What are the equipment unit for conversion cost
A: Step 1: Definition of Equivalent UnitsEquivalent units are the number of units that could have been…
Q: Solve this question answer general Accounting
A: Explanation: In the given case, we are provided with cost of goods sold of 240,000 and gross profit…
Q: I need this question answer general Accounting
A: Step 1: Define Chart of AccountsIn accounting, a well-organized chart of accounts produces accurate…
Q: Financial Accounting
A: The Gordon Growth Model (Dividend Discount Model for a perpetuity), use the…
Q: How much is the net income for the year using the CVP approach?
A: Step 1: Define Cost Volume ProfitThe cost volume profit analysis is concerned with calculating the…
Q: The predetermined overhead rate would be ?
A: Step 1: Definition of Predetermined Overhead RateThe predetermined overhead rate is an estimated…
Q: Can you please answer the financial accounting question?
A: Step 1: Define Cost of Equity CapitalThe cost of equity is the return a company must offer to equity…
Q: Do fast answer of this accounting questions
A: Step 1: Definition of Maturity ValueThe maturity value of a note payable is the total amount that…
Q: Financial Accounting Question please solve this problem
A: Step 1: Dollar markup Dollar markup = Selling price - CostDollar markup = $30 - $20.50Dollar markup…
Q: Can you please solve this accounting problem?
A: Step 1: Define Beginning InventoryBeginning Inventory refers to the value of goods or materials a…
Q: How much long-term debt did the firm have? fINANCIAL ACCOUNT
A: To determine the amount of long-term debt, we use the accounting equation:…
Q: Don't use ai
A: a. The unrealized holding gain arising during the period on AFS securities is part of the Other…
Q: None
A: Following the basic accounting equation of Assets = Liability + Equity, only a, b, and d are…
Q: Provide correct answer general Accounting
A: Step 1: Define Standard Labor Cost Per Output UnitThe standard labor cost per output unit is the…
Q: Give me correct answer this general accounting question
A: Step 1: Define Stockholders' EquityStockholders' equity represents the residual interest in a…
Q: Do fast answer of this general accounting question
A: Step 1: Accounting equation Assets = Liabilities + EquityEquity = Assets - LiabilitiesLiabilities =…
Q: A company is analyzing its break-even point for a product with a selling price of $63 per unit. The…
A: Explanation of Break-Even Point:The Break-Even Point represents the sales volume at which total…
Q: Financial accounting question
A: Step 1: Define Gross profitThe profit earned by an enterprise after reducing the costs from the…
Q: I don't need ai answer general accounting question
A: Step 1: Definition of Current LiabilitiesCurrent liabilities are obligations that are expected to be…
Q: I won't to this question answer general accounting question
A: Solution= accounts receivable beginning + sales - accounts receivable ending= $1,375 + $10,000 -…
Q: Financial Accounting
A: Step 1: Given Value for calculation Bond Interest Rate = R = 9%Average Expected Inflation Rate = IR…
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 problem
Step by step
Solved in 2 steps
- 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. $92,000A 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?Suppose that you operate a business that produces widgets. What's a widget? A widget is a hypothetical product with no particular attributes or features to confuse us. Just widgets. In the course of a month, you produce 5,000 widgets. You only have three inputs when producing widgets; 1) factory space; 2) labor; and 3) raw materials. You pay rent of $3,000 per month. Your use of labor and raw materials depends on how many widgets you produce. When you produce 5,000 widgets, your labor costs are $4,000 and your raw material costs are $1,500. • What is your average cost (or average total cost) of producing 5,000 widgets? (Enter your answer without a dollars sign ($) in the following form: (i.e., dollars and cents) -'--
- 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?Use the information provided to create a standard cost card for production of one glove box switch. To 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.1.what is the cost pf lobor required to operate the production line per month 2.If you require astorage area of 600 sq.ft and with an average rent $12 per sq.ft/month what is the estimated cost of rent per month for the production line including the storage area.(Rounded to the nearest $1000). 3.how many operators do you need for the production line. 4. what is the cost of buying and installing the production line.
- ABC Tool Company produces 2,410 wooden ladders per day. Each ladder can be sold for $125. To create a ladder requires 8 board feet of lumber, 28 hardened screws, 32 special wooden dowels, and $8.35 worth of labor. Each board foot of lumber costs $3.14 and the total cost for the screws and dowels is $5.67. Given this information, what is the multifactor productivity measure for each ladder? Show your answer to two decimal places as dollars of output per dollar of input.if the employees make 15$/hour what is the toral cost of trianing?Usher Dash is president of Dash Manufacturing, a producer of Go-Kart tires. Dash makes 870,000 tires per day with the following resources:Labor 1670 hours per day @ 225 per hourRaw Material 900,000 pounds per day @ Rs.10 per poundEnergy Rs.87,000 per dayCapital Rs.560,000 per daya) What is the labor productivity per labor hour for these tires?b) What is the multifactor productivity for these tires?c) What is the percentage change in multifactor productivity if Upton can reduce the energy bill by Rs.13,000 per day without cutting production or changing any other input?What is the capital productivity per tire per rupee?
- 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 %Owen Connor works part-time packaging software for a local distribution company in Indiana The annual fixed cost is $10,000 for this process, direct labor is $3.50 per package, and material is $4.50 per package. The selling price will be at $12.50 per package. How much revenue do we need to take in before breaking even? What is the break even point in units?Owen Conner works part-time packaging software for a local distribution company in Indiana. The annual fixed cost is $10,000 for this process, direct labor is $3.50 per package, and material is $4.50 per package. The selling price will be $12.50 per package. How much revenue do we need to take in before breaking even? What is the break-even point in units?