Gertrude's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass...
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Gertrude's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass blowers are paid a wage rate of $26 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $26,000 per period. Period (nonmanufacturing) costs associated with flanges are $16,000 per period and are fixed. Read the requirements. Requirement O A. 8 100,000 . Select the graph that shows fixed, variable, and total manufacturing cost for flanges, using units (number of flanges) on the x-axis. (Enlarge each graph before selecting your answer.) OB. O C. OD. Total costs Q Fixed cor Variable costs O⠀⠀⠀ > 200060000000000 Number of flanges e 100,000- Variale co J Z Fixed co Total costs ok> 20000000000000 Number of flanges J e 100,000 Tal costs V Variable costs O Choose from any list or enter any number in the input fields and then continue to the next question. = Total cost per unit Fixed cor 20006ondoa00000 Number of flanges 영 100.000-T offiti Q Variable cos Total costs Fixed cot Requirement 2. Assume Gertrude's Glassworks manufactures and sells 5,000 flanges this period. Their competitor, Freda's Flasks, sells flanges for $9.50 each. Can Gertrude sell below Freda's price and still make a profit on the flanges? (Round the total cost per unit to two decimal places.) Begin by determining the formula used to calculate the total cost per unit. )/ 2000000000000000 Number of flanges The Cooper Furniture Company of Potomac, Maryland, assembles two types of chairs (Recliners and Rockers). Separate assembly lines are used for each type of chair. Requirement Classify each cost item (A-1) as follows: a. Direct or indirect (D or I) costs for the total number of Recliners assembled. b. Variable or fixed (V or F) costs depending on how total costs change as the total number of Recliners assembled changes. (If in doubt, select on the basis of whether the total costs will change substantially if there is a large change in the total number of Recliners assembled.) Cost Item A. Cost of fabric used on Recliners B. Salary of public relations manager for Cooper Furniture C. Annual convention for furniture manufacturers; generally Cooper Furniture attends D. Cost of lubricant used on the Recliner assembly line E. Freight costs of Recliner frames shipped from Durham to Potomac, MD F. Electricity costs for Recliner assembly line (single bill covers entire plant) G. Wages paid to temporary assembly-line workers hired in periods of high Recliner production (paid on hourly basis) H. Annual fire-insurance policy cost for Potomac, MD plant 1. Wages (salary) paid to plant manager who oversees the assembly lines for both chair types Choose from any drop-down list and then continue to the next question. (a) D or I (b) V or F Gertrude's Glassworks makes glass flanges for scientific use. Materials cost $3 per flange, and the glass blowers are paid a wage rate of $26 per hour. A glass blower blows 10 flanges per hour. Fixed manufacturing costs for flanges are $26,000 per period. Period (nonmanufacturing) costs associated with flanges are $16,000 per period and are fixed. Read the requirements. Requirement O A. 8 100,000 . Select the graph that shows fixed, variable, and total manufacturing cost for flanges, using units (number of flanges) on the x-axis. (Enlarge each graph before selecting your answer.) OB. O C. OD. Total costs Q Fixed cor Variable costs O⠀⠀⠀ > 200060000000000 Number of flanges e 100,000- Variale co J Z Fixed co Total costs ok> 20000000000000 Number of flanges J e 100,000 Tal costs V Variable costs O Choose from any list or enter any number in the input fields and then continue to the next question. = Total cost per unit Fixed cor 20006ondoa00000 Number of flanges 영 100.000-T offiti Q Variable cos Total costs Fixed cot Requirement 2. Assume Gertrude's Glassworks manufactures and sells 5,000 flanges this period. Their competitor, Freda's Flasks, sells flanges for $9.50 each. Can Gertrude sell below Freda's price and still make a profit on the flanges? (Round the total cost per unit to two decimal places.) Begin by determining the formula used to calculate the total cost per unit. )/ 2000000000000000 Number of flanges The Cooper Furniture Company of Potomac, Maryland, assembles two types of chairs (Recliners and Rockers). Separate assembly lines are used for each type of chair. Requirement Classify each cost item (A-1) as follows: a. Direct or indirect (D or I) costs for the total number of Recliners assembled. b. Variable or fixed (V or F) costs depending on how total costs change as the total number of Recliners assembled changes. (If in doubt, select on the basis of whether the total costs will change substantially if there is a large change in the total number of Recliners assembled.) Cost Item A. Cost of fabric used on Recliners B. Salary of public relations manager for Cooper Furniture C. Annual convention for furniture manufacturers; generally Cooper Furniture attends D. Cost of lubricant used on the Recliner assembly line E. Freight costs of Recliner frames shipped from Durham to Potomac, MD F. Electricity costs for Recliner assembly line (single bill covers entire plant) G. Wages paid to temporary assembly-line workers hired in periods of high Recliner production (paid on hourly basis) H. Annual fire-insurance policy cost for Potomac, MD plant 1. Wages (salary) paid to plant manager who oversees the assembly lines for both chair types Choose from any drop-down list and then continue to the next question. (a) D or I (b) V or F
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Cost Accounting A Managerial Emphasis
ISBN: 978-0132109178
14th Edition
Authors: Charles T. Horngren, Srikant M.Dater, George Foster, Madhav
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