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Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. 185 212 137 149 For Vortex's new flashlight, total conversion costs amount to Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) 27 Total cost 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. 185 212 137 149 The difference between the flashlight's suggested selling price of P450 and the total cost of P212 represents each flashlight's Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. gross profit contribution margin net profit operating income The total overhead cost of P63 per unit is a Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) 27 Total cost 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. prime cost conversion cost mixed cost fixed cost The total research and development costs of P200,000 incurred to develop the new product is a(n) Vortex Corp. was able to develop a new product a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) Total cost 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. relevant cost sunk cost avoidable cost postponable cost The costs included in Vortex's fixed overhead are Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. prime costs discretionary costs committed costs variable costs Using high-low method, the variable production cost per unit is approximately Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January Production Cost Units Produces 15,199.00 1765 February 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 16.45 O O O 12.34 6.72 3.32 Using high-low method, the fixed production cost per unit is approximately Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January February Production Cost Units Produces 15,199.00 1765 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 6,387.57 8,361.54 5,429.87 7,105.75 Using high-low method, how much is the expected production cost on 1,812 units produces? 14,437.14 11,978.81 13,102.90 12,403.41 Using high-low method, how much is the average rate per produce at a level of 1,812 units produces? Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January Production Cost Units Produces 15,199.00 1765 February 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 33.98 6.85 15.37 3.75 Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. 185 212 137 149 For Vortex's new flashlight, total conversion costs amount to Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) 27 Total cost 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. 185 212 137 149 The difference between the flashlight's suggested selling price of P450 and the total cost of P212 represents each flashlight's Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. gross profit contribution margin net profit operating income The total overhead cost of P63 per unit is a Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) 27 Total cost 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. prime cost conversion cost mixed cost fixed cost The total research and development costs of P200,000 incurred to develop the new product is a(n) Vortex Corp. was able to develop a new product a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: 450 Materials 75 Parts fabrication (P10 per hour) 50 Assembly (P6 per hour) 24 Variable overhead (P4 per hour) 36 Fixed overhead (P3 per hour) Total cost 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. relevant cost sunk cost avoidable cost postponable cost The costs included in Vortex's fixed overhead are Vortex Corp. was able to develop a new product - a flashlight powered by energy ball. After reviewing the data prepared by the company's controller, Vortex's management is confident that the new product will contribute profit to the company. The data prepared by the controller are as follows: Suggested selling price Costs: Materials Parts fabrication (P10 per hour) Assembly (P6 per hour) Variable overhead (P4 per hour) Fixed overhead (P3 per hour) Total cost 450 75 50 24 36 27 212 The total research and development cost incurred to develop the new product amounted to P250,000. The company is planning to spend half of this amount for promotion and advertising. The company's fixed overhead includes rent, equipment depreciation, and salaries of factory supervisors. prime costs discretionary costs committed costs variable costs Using high-low method, the variable production cost per unit is approximately Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January Production Cost Units Produces 15,199.00 1765 February 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 16.45 O O O 12.34 6.72 3.32 Using high-low method, the fixed production cost per unit is approximately Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January February Production Cost Units Produces 15,199.00 1765 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 6,387.57 8,361.54 5,429.87 7,105.75 Using high-low method, how much is the expected production cost on 1,812 units produces? 14,437.14 11,978.81 13,102.90 12,403.41 Using high-low method, how much is the average rate per produce at a level of 1,812 units produces? Chang-e Company produces and sells magic sarap. The number of units produced and the corresponding total production costs for eight months, which are representatives for the year, are as follows: Month January Production Cost Units Produces 15,199.00 1765 February 12,977.00 1489 March 16,219.00 1869 April 11,739.00 1623 May 15,696.00 1699 June 12,740.00 1911 July 11,294.00 1476 August 10,759.00 1537 33.98 6.85 15.37 3.75
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Related Book For
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
Posted Date:
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