Question: Mars Inc., a manufacturer of computers, has provided the following information: Direct Materials Used $125,000 Direct Labor $75,000 Manufacturing Overhead $105,000 Beginning Work-in-Process Inventory $15,000

Mars Inc., a manufacturer of computers, has provided the following information: Direct Materials Used $125,000 Direct Labor $75,000 Manufacturing Overhead $105,000 Beginning Work-in-Process Inventory $15,000 Ending Work-in-Process Inventory $20,000 Number of units sold 100 Number of units produced 150 Number of units in work-in-process 50 Calculate the unit cost per computer. a) $2,000 b) $6,000 c) $3,000 d) $1,950

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Hey tutors I need assist on this questions 13. Coed Novelties manufactures key chains for college bookstores. During 2003, the company had the following costs: Direct materials used $ 31, 000 Direct...

TB MC Qu. 9-54 Overton Industries has the following... Overton Industries has the following sales forecasts for its hip waders next year. First Quarter 26, 000 pairs Second Quarter 6% increase over...

Hey you answered some questions for me for 40 bucks a couple of weeks ago. My teacher just sent me some feedback and I was wondering if you could fix the mistakes. The feedback from the teacher is on...

Where do you get the allocated overhead in part 4 requirement 2 Requirement 1 Units Price Sales Variable Costs Fixed Costs Net Income Totals 60,000 60,000 $12.50 $6.00 Variable Cost Direct Materials...

Proy Question 1 View Polls Current Attempt in Propese Che Company species austeringede af de mes Themedewell ested by the company na erderate este factory groc.ction : 00.000 hecta per month of a...

SectionB Question 2 and 3 June Sem, 2020 End Semester Examination ACCT 1423 Management Accounting II Section A Multiple Choice Questions Answer ALL questions. Question 1 What is an ideal standard? A...

what is the answer from 16 to 21 please 16 16) Velasco Productions has provided the following information for the year $150 000 61.000 269.000 SP00 Direct Labor Beginning Work-in-Process Inventory...

1. Compute the Cost of Goods Sold for 2019 using the following information: Direct Materials, Jan. 1, 2019 $ 45, 500 Work-in-Process, Dec. 31, 2019 70,000 Direct Labor 54, 000 Finished Goods, Dec....

16. A manufacturing Direct labor used Direct materials used Manufacturing overhead Beginning inventory of finished goods Beginning inventory of Ending inventory of finished goods Ending inventory of...

I need assistance on this question 13. Coed Novelties manufactures key chains for college bookstores. During 2003, the company had the following costs: Direct materials used $ 31,000 Direct labor 18,...

The notes receiv able account forthe year ended December31, 2018 of Avery Inc., a trading corporation, is composed of the following items: Note 1 - Notes receivable from sale of equipment P40,000...

Gases are often used instead of liquids to cool electronics in avionics applications because of weight considerations. The cooling systems are often closed so that coolants other than air may be...

Mogadishu Brothers is an all - equity firm with 7 5 , 0 0 0 shares of stock outstanding at a market price of $ 1 0 a share. The company's projected EBIT is $ 6 5 , 0 0 0 . Management has decided to...

CT Corp Comprehensive Question Canadian Tire Corporation, Limited ( Canadian Tire ) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

=+1 What makes managing employee health and safety programs around the world so difficult?

=+j Describe the problems associated with implementing an effective global HR information system.

=+j Describe the various support services delivered by IHR.