Coke Inc has the following cost data for the month of July for their Ohio plant...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Coke Inc has the following cost data for the month of July for their Ohio plant Production volume Selling price per unit COSTS Administration salaries Google ads Aluminium for cans Electricity for machinary-5 units in all Employee Medical Standard life Research and Dev new products Patents registration newproducts Coke ingrdients and mixes Depreciation Office equip Electrical supplies Factory salaries Insurance Legal and accounting Logistics Shipping Misc materials cleaning supplies Rent Property taxes Rent Sales commissions Software upgrades Supervisor salary Wages assembly line What is TMC? What is Net profit? 85/15 office/fac 25 off/75 factory 85 Fac/15 office Fac/Office 75/25 split Office 1.00.00.000 Units 1.00 12,75,000.00 annual 3,00,000.00 annual 0.05 cents per unit 5,000.00 per unit 25,000.00 month 7.50,000.00 50,000.00 0.50 per unit 9,500.00 per month 050 per unit 15,00,000.00 annual 75,000.00 annual 2,00,000.00 annual 55,000.00 monthly 20,000.00 month 85,000.00 month 1,75,000.00 annual 2,50,000.00 annual 0.05 can 30,000.00 month 60,000.00 annual 0.15 per unit A+B+C THE Toral TMC As theact Materials Coke Inc has the following cost data for the month of July for their Ohio plant Production volume Selling price per unit COSTS Administration salaries Google ads Aluminium for cans Electricity for machinary-5 units in all Employee Medical Standard life Research and Dev new products Patents registration newproducts Coke ingrdients and mixes Depreciation Office equip Electrical supplies Factory salaries Insurance Legal and accounting Logistics Shipping Misc materials cleaning supplies Rent Property taxes Rent Sales commissions Software upgrades Supervisor salary Wages assembly line What is TMC? What is Net profit? 85/15 office/fac 25 off/75 factory 85 Fac/15 office Fac/Office 75/25 split Office 1.00.00.000 Units 1.00 12,75,000.00 annual 3,00,000.00 annual 0.05 cents per unit 5,000.00 per unit 25,000.00 month 7.50,000.00 50,000.00 0.50 per unit 9,500.00 per month 050 per unit 15,00,000.00 annual 75,000.00 annual 2,00,000.00 annual 55,000.00 monthly 20,000.00 month 85,000.00 month 1,75,000.00 annual 2,50,000.00 annual 0.05 can 30,000.00 month 60,000.00 annual 0.15 per unit A+B+C THE Toral TMC As theact Materials
Expert Answer:
Answer rating: 100% (QA)
Sure here is the calculation of the total manufacturing cost TMC and net profit for Coke Incs Ohio plant for the month of July Total manufacturing cos... View the full answer
Related Book For
Posted Date:
Students also viewed these accounting questions
-
The following cost data for the year just ended pertain to Heartstrings, Inc., a greeting card manufacturer: Service department costs * ............... $ 50,000 Direct labor: wages .....................
-
The following cost data for the current year relate to Heartstrings Pty Ltd, a greetings card manufacturers Required: Calculate each of the following costs for the year: 1. Total prime costs. 2....
-
Ayers, Inc. has the following cost data for Product X: Direct materials .............$ 38 per unit Direct labor ...............52 per unit Variable manufacturing overhead...... 15 per unit Fixed...
-
Describe the rule-making or due process procedures of the FASB in the establishment of a standard.
-
Which one of the following normal quantile plots indicates that the data c (a) Are nearly normal? (b) Have a bimodal distribution? (One way to recognize a bimodal shape is a gap in the spacing of...
-
List the four steps in the interpersonal communication process.
-
Describe the various federal labor acts.
-
On January 2, 2008, P Company, a U.S.-based company, acquired for 2,000,000 francs an 80% interest in SFr Company. On January 2, 2008, SFr Company reported a retained earnings balance of 480,000...
-
After graduating from high school, Jose is thinking about going to college. The college tuition is $18,000 a year. Instead of going to college, Jose could take a full-time job that pays $28,000. What...
-
During a baseball practice session, the cutoff man A executes a throw to the third baseman B. If the initial speed of the baseball is v 0 = 130 ft/sec, what launch angle is best if the ball is to...
-
In 20X6, Vines Inc. (Vines) purchased 40% of the common shares of Bottles Inc. (Bottles). At that time, there were no fair value differentials. In 20X7, Vines sold inventory to Bottles for $80,000....
-
Distinguish between debt capital and equity capital and suggest which is likely to be favoured by a company raising finance in a high-taxation environment.
-
What uses of the word reserve might be found in practice in various parts of the world?
-
What is the definition of a fixed (or non-current) asset? Why is this difficult to use in the context of investments and why does that matter?
-
There is usually no problem with the valuation of receivables because it is clear how much is legally owed to an entity. Discuss.
-
If you owned some listed shares that had just doubled in value, would you say that you had gained and were better off than before?
-
8) You purchase a 30-year 10% annual coupon corporate bond with a face value of 1,000 at a yield rate of 8%. The amount you pay for the bond is based on your (erroneous) assumption that the bond is...
-
You are maintaining a subsidiary ledger account for Police-Training Expenditures for 2013. The following columns are used: Inventory purchases are initially recorded as expenditures. Record the...
-
Saskatewan Can Company manufactures recyclable soft-drink cans. A unit of production is a case of 12 dozen cans. The following standards have been set by the production-engineering staff and the...
-
Due to evaporation during production, Piano Plastics Company requires 8 pounds of material input for every 7 pounds of good plastic sheets manufactured, During May, the company produced 4,200 pounds...
-
List, describe, and give an example of each of the five different types of production processes.
-
Find the relationship of the eight SU(3) operators \(T_{ \pm}, V_{ \pm}, U_{ \pm}, T_{3}\), and \(Y\) defined in Eqs. (8.2) and (8.7)-(8.8), and the nine oscillator operators \(\left(A_{i}^{j}...
-
Verify that the set of matrices (5.14) is closed under ordinary matrix multiplication. Data from Eq. 5.14 T(oc)= = 629 > - (+19) TOO) = (721) TO) = ( ). T(oa)= T(b) TO) -(11) T(4-(11) TO=(9) T(C3)= =
-
(a) Show that the most general \(2 \times 2\) unitary matrix with unit determinant can be parameterized as in Eqs. (6.76) and (6.77). (b) Take the group identity element \(U(1,0,0,0)\) to correspond...
Study smarter with the SolutionInn App