The Perfect Smile manufactures extra-whitening toothpaste. During the year the company had the following costs: The Perfect
Question:
The Perfect Smile produced 45,000 units during the year.
Required
A. Calculate the total manufacturing costs for the year.
B. Calculate the product cost on a per unitbasis.
Transcribed Image Text:
Direct materials used Direct labor Factory rent Factory depreciation $41,000 28,000 12,000 9,000 Office depreciation Selling expenses Administrative expenses 4,050 3,500 50,000
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
A Total product costs are 90000 and inclu...View the full answer
Answered By
AJIN KURIAKOSE
I HAVE ELECTRONICS ENGINEERING DEGREE..AND MY AREA OF INTEREST IS MATHEMATICS,CONTROL SYSTEM,NETWORK,DIGITAL
4.70+
21+ Reviews
32+ Question Solved
Related Book For
Managerial Accounting A Focus on Ethical Decision Making
ISBN: 978-0324663853
5th edition
Authors: Steve Jackson, Roby Sawyers, Greg Jenkins
Question Posted:
Students also viewed these Managerial Accounting questions
-
Lynch Company manufactures and sells a single product. The following costs were incurred during the company's first year of operations: Variable costs per unit: Manufacturing: Direct materials $6...
-
During its first year of operation, Mazer Manufacturing Company produced 2,000 units of inventory and sold 1,800 units. Mazer incurred variable product cost of $4 per unit and $2,500 of fixed...
-
Arginine, the most basic of the 20 common amino acids, contains a guanidino functional group in its side chain. Explain, using resonance structures to show how the protonated guanidino group...
-
A manufacturers sales rep can lease an automobile for five years at $385 per month payable at the beginning of each month, or purchase it for $22,500. He can obtain a loan at 9% compounded monthly to...
-
A uniformly tapered aluminum-alloy tube AB of circular cross section and length L is shown in the figure. The outside diameters at the ends are dA and dB 2dA. A hollow section of length L/2 and...
-
Suppose that a continuous-time compounding framework is used with a fixed interest rate \(r\). Suppose that the carrying charge per unit of time is proportional to the spot price; that is, the charge...
-
A spool of wire of mass M and radius R is unwound under a constant force F (Fig. P10.85). Assuming the spool is a uniform solid cylinder that doesnt slip, show that (a) The acceleration of the center...
-
Explain three (3) fundamentals of digital applications in a workplace What are the key digital applications that can be used in organisations? Explain three (3) key features of digital applications...
-
On April 18, 2011, Eli Lilly and Co. reported first- quarter profits for 2011 of $.95 per share. Analysts projected earnings to be $1.16 or $1.17 per share. However, Lilly reported non- GAAP earnings...
-
Comfort Quilts manufactures decorative quilts and incurred the following wage and salary expenses for the most recent year. Machine operators ............. $100,000 Quality control supervisors...
-
The following costs were incurred by a manufacturer of breakfast cereals. a. Heat, water, and power used in the factory b. Cost of repairing mixing machines and ovens c. Wheat, sweetener, and...
-
In problem, graph each function using the techniques of shifting, compressing, stretching, and/or reflecting. Start with the graph of the basic function (for example, y = x 2 ) and show all stages....
-
1.Explain the difference between communication and effective communication. 2.When is it best to use spoken (verbal) communication? 3.When is it best to use written communication? 4.How are speaking...
-
Earned value is useful for determining the status of the project using metrics derived from budget, spending, and progress of completing work. Assume that you did not have the ability to implement...
-
1.Describe the types of motion that can cause injuries in manual material handling. 2.Describe the guidelines for safe lifting and carrying. 3.Explain the importance and use of safety checks.
-
If a buyer and seller do not have a close working relationship, how can a buyer obtain cost data to perform a cost analysis for a supplier before awarding a purchase contract? How is the price of an...
-
1: Describe Thomas Green's job satisfaction and motivation at Dynamic Displays. Use TWO theories of job satisfaction to explain his satisfaction and use TWO theories of motivation to explain his...
-
Fully is a certified B Corp in Portland, Oregon, that sources, designs, manufactures, and sells ergonomic office furniture. As a B Corp, Fully meets the highest standards of overall social and...
-
Draw and label the E and Z isomers for each of the following compounds: 1. CH3CH2CH==CHCH3 2. 3. 4. CH,CH2C CHCH2CH Cl CH3CH2CH2CH2 CH CH2CCCH2CI CHCH3 CH3 HOCH CH CCC CH O-CH C(CH
-
A competitive firms best strategy for maximizing profits is to: a. set a monopoly price for the product b. differentiate the product c. reduce output to increase price d. minimize costs
-
Bozo Inc. manufactures two products from a joint production process. The joint process costs $110,000 and yields 6,000 pounds of LTE compound and 20,000 pounds of HS compound. LTE can be sold at...
-
Billings Company produces two products, Product Reno and Product Tahoe. Each product goes through its own assembly and finishing departments. However, both of them must go through the painting...
-
Refer to the Billings Company information provided in Exercise 13-33. Also, assume that only 500 units of each product can be sold. Required: 1. What is the optimal mix of products? 2. What is the...
-
es Tech Solutions computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 100,000 direct labor-hours would be required...
-
On June 30, Sharper Corporation's stockholders' equity section of its balance sheet appears as follows before any stock dividend or split. Sharper declares and immediately distributes a 50% stock...
-
Hubs Sprockets Direct Labor-Hours per Unit Annual Production 0.50 29,000 units 0.10 57,000 units Additional Information about the company follows: a. Hubs require $27 in direct materials per unit,...
Study smarter with the SolutionInn App