MANAG ACCT F/MGRS-CONNECT+PROCTORIO PLUS
5th Edition
ISBN: 9781266017506
Author: Noreen
Publisher: MCG
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Chapter 6A, Problem 6A.2E
1.
To determine
Introduction: The difference in costs between the variable alternative is used to calculate financial advantage and disadvantage.
To calculate: The profit M earn during first week if price was $3.5
2.
To determine
Introduction: The difference in costs between the variable alternative is used to calculate financial advantage and disadvantage.
To compute: The percentage change in unit sales.
3.
To determine
Introduction: The difference in costs between the variable alternative is used to calculate financial advantage and disadvantage.
To compute: The profit M earn during second week if price was $4
4.
To determine
Introduction: The difference in costs between the variable alternative is used to calculate financial advantage and disadvantage.
To compute: The increase of M profit in the first and second week.
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Ch. 8 Homework 4(a)
Please solve and provide method to solve the following problem:
Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee’s beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units.
Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31, and 25 closures on June 30. Additionally, Shadee’s fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced.
Required:1. Determine Shadee's budgeted cost of closures purchased for May and June. (Round your answers to 2 decimal places.)
2. Determine Shadee's budget manufacturing overhead for May and June. (Do not round your intermediate calculations. Round your answers…
EC 3 Question 3
Hometown Bakery sells three types of doughnuts: glazed, jelly, and cake. The following table shows the sales price and variable costs for each type. The bakery incurs $331,000 a year in fixed expenses. Assume that it sells 3 glazed doughnuts for every 1 jelly doughnut and every 1 cake doughnut.
DOUGHNUT TYPE
SALES PRICE
VARIABLE COST
Glazed
$0.40
$0.29
Jelly
$0.52
$0.49
Cake
$0.47
$0.29
(a)
How many doughnuts of each type will be sold at the breakeven point? (Round intermediate calculations and final answers for the number of doughnuts to the nearest whole, e.g. 5,275.)
Jelly doughnuts
Cake doughnuts
Glazed doughnuts
b. What amount of revenue would need to be generated by each type of doughnut for the company to earn $74,100 in operating income?
Ch. 8 Homework Question 7 (a)
Please solve and explain the following problem.
Shadee Corp. expects to sell 600 sun visors in May and 800 in June. Each visor sells for $18. Shadee’s beginning and ending finished goods inventories for May are 75 and 50 units, respectively. Ending finished goods inventory for June will be 60 units.
Each visor requires a total of $4.00 in direct materials that includes an adjustable closure that the company purchases from a supplier at a cost of $1.50 each. Shadee wants to have 30 closures on hand on May 1, 20 closures on May 31, and 25 closures on June 30. Additionally, Shadee’s fixed manufacturing overhead is $1,000 per month, and variable manufacturing overhead is $1.25 per unit produced. Each visor takes 0.30 direct labor hours to produce and Shadee pays its workers $9 per hour.
Additional information: Selling costs are expected to be 6 percent of sales.Fixed administrative expenses per month total $1,200.
Determine Shadee's budgeted selling and…
Chapter 6A Solutions
MANAG ACCT F/MGRS-CONNECT+PROCTORIO PLUS
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