Dobosh Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
Dobosh Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $ 7.40 $ 4.00 $ 1.95 a. Total product cost b. Total period cost c. Variable cost per unit sold d. Total variable costs $ 1.85 $ 0.90 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,140 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,140 units? c. If 10,000 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. d. If 10,140 units are sold, what is the total amount of variable costs related to the units sold? e. If 10,140 units are produced, what is the total amount of manufacturing overhead cost incurred? f. If the selling price is $21.95 per unit, what is the contribution margin per unit sold? Note: Round "Per unit" answer to 2 decimal places. e. Total manufacturing overhead cost f. Contribution margin per unit $ 124,600 g. If 8,140 units are produced, what is the total amount of direct manufacturing cost incurred? h. If 8,140 units are produced, what is the total amount of indirect manufacturing costs incurred? g. Total direct manufacturing cost h. Total indirect manufacturing cost i. Incremental manufacturing cost $ 45,200 i. What incremental manufacturing cost will the company incur if it increases production from 9,140 to 9,141 units? Note: Round "Per unit" answer to 2 decimal places. Dobosh Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $ 7.40 $ 4.00 $ 1.95 a. Total product cost b. Total period cost c. Variable cost per unit sold d. Total variable costs $ 1.85 $ 0.90 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,140 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,140 units? c. If 10,000 units are sold, what is the variable cost per unit sold? Note: Round "Per unit" answer to 2 decimal places. d. If 10,140 units are sold, what is the total amount of variable costs related to the units sold? e. If 10,140 units are produced, what is the total amount of manufacturing overhead cost incurred? f. If the selling price is $21.95 per unit, what is the contribution margin per unit sold? Note: Round "Per unit" answer to 2 decimal places. e. Total manufacturing overhead cost f. Contribution margin per unit $ 124,600 g. If 8,140 units are produced, what is the total amount of direct manufacturing cost incurred? h. If 8,140 units are produced, what is the total amount of indirect manufacturing costs incurred? g. Total direct manufacturing cost h. Total indirect manufacturing cost i. Incremental manufacturing cost $ 45,200 i. What incremental manufacturing cost will the company incur if it increases production from 9,140 to 9,141 units? Note: Round "Per unit" answer to 2 decimal places.
Expert Answer:
Answer rating: 100% (QA)
Based on the information provided lets work through the questions systematically Since the question involves calculations Ill show you how to calculate each required figure step by step a Total produc... View the full answer
Related Book For
Horngrens Financial and Managerial Accounting
ISBN: 978-0133866292
5th edition
Authors: Tracie L. Nobles, Brenda L. Mattison, Ella Mae Matsumura
Posted Date:
Students also viewed these accounting questions
-
The part B of Figure 4.4, see Example 4.5, clearly shows the presence of outliers for the number of dead insects for insecticides C and D. Identify the outlying data points. Remove the outlying...
-
b) Suppose instead that B-Team Inc plans to finance the investment by borrowing $150K in the third year. The firm plans to repay this debt (both interest and principal) in the fourth year. For...
-
Fun Cosmetics Ltd. is a skincare product manufacturer based in New Zealand that produces the LoveSkin instant moisturizer for women. Because of the reliability and quality of its products, it has...
-
Fletcher Industries manufactures a range of household products. Roger Wilkie is head of the Hardware Division and he has just experienced a terrible nine months. 'If it could go wrong it did. Sales...
-
The 50-kg crate is stationary when the force P is applied. Determine the resulting acceleration of the crate if (a) P = 0, (b) P = 150 N, and (c) P = 300 N. s = 0.20 %3D Hk = 0.15 50 kg P 15
-
Match the measures of worth in the first column with the appropriate unit of measure that results from the analysis. Measure of Worth (a) Annual Worth (b) External Rate of Return (c) Future Worth (d)...
-
The bank portion of the bank reconciliation for Phillips Company at October 31, 2014, was as follows. The adjusted cash balance per bank agreed with the cash balance per books at October 31. The...
-
Write a Java program to Connect Java Application with Oracle database. Please, use the keyboard and support your answers with a screenshot
-
How does mobile-first indexing affect your website? It reduces file sizes for faster load times. It improves your website's performance in search rankings. It makes your website accessible for those...
-
We have a dataset of patients that has a specific tumor type. Each data point has the size of the tumor as its single feature and an output that shows whether a tumor is really a cancer (y=1) or not...
-
20. Eight trucks are in the parking lot, but only 4 can be driven at any one time. How many samples of 4 trucks can be chosen from the population if: a. The order is important? b. If order is not...
-
The real rates are 1.5% per year every year. The expected inflation rate is 7% in the first year, 5% in the second year, and 4% in the third year. A Treasury bond with a 6% coupon pays coupon...
-
Show impact of accounting equation for the following transactions: A=L +SE 1.Paid previously declared cash dividend 2. Issued stock dividend 3. accrued interest expense 4. sold merch on account...
-
Tommy purchases a deferred interest rate swap with a term of five years. Under the swap, there is no swapping of interest rates during the first two years. During the last three years, the settlement...
-
Why might it be a good idea to establish a time limit for each agenda item for an upcoming meeting? A. To create a formal-looking agenda B. To offer clarity about who will talk about what C. To be...
-
Evaluate the function at the given value(s) of the independent variable. Simplify the results. (x) = cos 2x (a) (0) (b) (- /4) (c) (/3) (d) ()
-
Use the following inventory data for Slicing Golf Company to compute the cost of goods manufactured for the year: Direct Materials Used........$ 12,000 Manufacturing Overhead...... 22,000...
-
Accountants for Carlson, Inc. have assembled the following data for the year ended December 31, 2016: Prepare Carlsons statement of cash flows using the indirect method. Include an accompanying...
-
Lori Electronics makes DVD players in three processes: assembly, programming, and packaging. Direct materials are added at the beginning of the assembly process. Conversion costs are incurred evenly...
-
In 1984, the number of German marks required to buy one U.S. dollar was 1.80. In 1987, the U.S. dollar was worth 2.00 marks. In 1992, the dollar was worth 1.50 marks. In 1997, the dollar was again...
-
Todays spot rate is S 0 $ = $0.009057355. The 90-day forward rate is F 1 $ = $0.008772945. a. Calculate the forward premium on Japanese yen in basis points and as a percentage premium or discount...
-
Describe locational, triangular, and covered interest arbitrage.
Study smarter with the SolutionInn App