Nelli Corp. Produces and sells a kind of electrical device in 2 departments, Assembly Department where...

 

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Nelli Corp. Produces and sells a kind of electrical device in 2 departments, Assembly Department where the components are assembled and Packaging Department where the devices are packed and prepared to market. Below are given the information related with the current period; Direct material purchasing and using information of the period are given below: Cost Assomption Method to use will be chosen to compute the cost as high as possible. PURCHASES QUANTITY UNIT PRICE Beginning Inventory 2/2/19XX 8/2/19XX 20/2/19XX 22/2/19XX USED 5/2/19XX 14/2/19XX 23/2/19XX PACKAGING Units: $ 100 500 Labor hours for the current period in Assembly Department are 2.400 hours for 135 S/H, 1.450 hours for 90 S/H in Packaging Department are accrued. Factory overheads are allocated to the production departments and achieved to a total of 190,000 $ in Assembly and 87.250 S in Packaging Department. 800 300 200 552 400 660 Amounts: 550 $ 560 S 590 $ 610 $ 620 $ Beginning Units in Process (DM 100%, CC40%) 4.000 Started in Process Ending Units in Process (DM 100%, CC 60%) 400 600 (DM 100%, CC20%) ? 900 ASSEMBLY 200 (DM 100%, CC30%) 136.500 S Direct material Direct labor 2 Factory Overheads ? ? Beginning Units in Process Prior Period Costs 28.200 S 130.500 S 87.200 Compute the sale price for a device by 40% profit on cost and 30% profit on sale price and explain which one may be preferred by a custom seller. Nelli Corp. Produces and sells a kind of electrical device in 2 departments, Assembly Department where the components are assembled and Packaging Department where the devices are packed and prepared to market. Below are given the information related with the current period; Direct material purchasing and using information of the period are given below: Cost Assomption Method to use will be chosen to compute the cost as high as possible. PURCHASES QUANTITY UNIT PRICE Beginning Inventory 2/2/19XX 8/2/19XX 20/2/19XX 22/2/19XX USED 5/2/19XX 14/2/19XX 23/2/19XX PACKAGING Units: $ 100 500 Labor hours for the current period in Assembly Department are 2.400 hours for 135 S/H, 1.450 hours for 90 S/H in Packaging Department are accrued. Factory overheads are allocated to the production departments and achieved to a total of 190,000 $ in Assembly and 87.250 S in Packaging Department. 800 300 200 552 400 660 Amounts: 550 $ 560 S 590 $ 610 $ 620 $ Beginning Units in Process (DM 100%, CC40%) 4.000 Started in Process Ending Units in Process (DM 100%, CC 60%) 400 600 (DM 100%, CC20%) ? 900 ASSEMBLY 200 (DM 100%, CC30%) 136.500 S Direct material Direct labor 2 Factory Overheads ? ? Beginning Units in Process Prior Period Costs 28.200 S 130.500 S 87.200 Compute the sale price for a device by 40% profit on cost and 30% profit on sale price and explain which one may be preferred by a custom seller.

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