A factory produces ball bearings for the industry. It makes 10,000, all the same type. Materials cost $5,000 Labor Power Unit cost is $ $30,000 $10,000 per year
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- Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit. Materials Labor Variable overhead Fixed overhead ($1,980,000 per year; 110,000 units per year) Total $36.00 14.00 4.00 18.00 $72.00 Simpson Company has approached Andreasen with an offer to buy 9,400 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 9,400 additional units without affecting its current production of 110,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2.00 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one- time rental of packaging equipment for $34,600. Required: a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen's profits for the year. b. Do you agree with the decision to accept the special order? c.…Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit. Materials $ 36.00 Labor 14.00 Variable overhead 4.00 Fixed overhead ($1,926,000 per year; 107,000 units per year) 18.00 Total $ 72.00 Simpson Company has approached Andreasen with an offer to buy 9,100 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 9,100 additional units without affecting its current production of 107,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2.00 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one-time rental of packaging equipment for $34,000. Required: a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen's profits for the year. b. Do you agree with the decision to accept the special order? c.…Andreasen Corporation manufactures thermostats for office buildings. The following is the cost of each unit. Materials $ 36.00 Labor 14.00 Variable overhead 4.00 Fixed overhead ($1,800,000 per year; 100,000 units per year) 18.00 Total $ 72.00 Simpson Company has approached Andreasen with an offer to buy 7,500 thermostats at a price of $60 each. The regular price is $100. Andreasen has the capacity to produce the 7,500 additional units without affecting its current production of 100,000 units. Simpson requires that each unit use its branding, which requires a more expensive label, resulting in an additional $2 per unit material cost. The labor cost of affixing the label will be the same as for the current models. The Simpson order will also require a one-time rental of packaging equipment for $20,000. Required: a. Prepare a schedule to show the impact of filling the Simpson order on Andreasen’s profits for the year. b. Do you agree with the…
- 1 Walston Company produces kitchen cabinets for homebuilders across the Western United States. The cost of producing 5,000 cabinets is as follows: Materials $ 500,000 Labor 250,000 Variable overhead 100,000 Fixed overhead 400,000 Total $1,250,000 Walston also incurs selling expenses of $20 per cabinet. Wellington Corp. has offered Walston $165 per cabinet for a special order of 1,000 cabinets. The cabinets would be sold to homebuilders in the Eastern United States and thus would not conflict with Walston’s current sales. Selling expenses per cabinet for this special order would only be $5 per cabinet. Watson has available capacity to do the work. Relevant cost per unit as computed by the Walston’s accountant would be as follows: Materials ($500,000/5,000) $100 Labor (250,000/5,000) 50 Variable Overhead (100,000/5,000) 20 Selling expenses 5 Total relevant cost per unit $175 How and why are budgeted financial statements prepared at the budgeting process? What benefits are provided…Your Company has the capacity to produce 80,000 units. It produces and sells 70,000 units of a product each year. At this level of activity, Clark Company incurs the following unit costs:Direct materials $18Direct labor 25Variable overhead 9Fixed overhead 10Variable S&A 7Fixed S&A 12A special order for 9,000 units under consideration would require the one-time rental of a special machine. The rental is for $36,000. If the order is accepted, $5 of the variable S&A can be avoided. What is the least amount the company can charge per unit in this special pricing decision? (Think breakeven.) a) $61 b) $56 c) $58 d) $59 e) $575. Hernandez, Inc. manufactures three models of picture frames for a total of 8,000 frames per year. The unit cost to produce a metal frame follows: Direct materials Direct labor Variable overhead Fixed overhead (based on 8,000 units) (70% unavoidable) $ 6 8 2 5 Total $21 A local company has offered to supply Hernandez the 8,000 metal frames it needs for $18 each. (a) Prepare an analysis for this make or buy decision. babs mont 9269onlw areas bex rito8 (0 2200 orata baxit to tinu eq 22 b200 sideh as al netto lege (b) What should Hernandez do? Explain. ( * 0002) A 000.00 заколол 000 £29 c) If Hernandez buys the product from an outside supplier, it can generate an income of $20,000 from the released productive capacity used to make the product. How does this financially affect your analysis from a? 000,00-0000! (600,0PJ 0000200 $100,001 000.01
- Specter Company makes 20,000 units per year of a part it uses in the products it manufactures.The unit product cost of this part is computed as follows:Direct materials $25.10Direct labour 18.20Variable manufacturing overhead 2.40Fixed manufacturing overhead 13.40Unit product cost $56.70An outside supplier has offered to sell the company all these parts it needs for $56.00 a unit. Ifthe company accepts this offer, the facilities now being used to make the part could be used tomake more units of a product that is in high demand. The additional contribution margin on thisother product would be $50,000 per year.If the part were purchased from the outside supplier, all the direct labour cost of the part wouldbe avoided. However, $5.10 of the fixed manufacturing overhead cost being applied to the partwould continue even if the part were purchased from the outside supplier. This fixedmanufacturing overhead cost would be applied to the company's remaining products.Required:Part a:Calculate…A company is going to buy a new machine for manufacturing its product. Four different machines are available. A B C D First cost Php 24,000 Php 30,000 Php 49,600 Php 52,000 Power per year Php 1,300 Php 1,360 Php 2,400 Php 2,020 Labor per year Php 11,600 Php 9,320 Php 4,200 Php 2,000 Maintenance per Php 2,800 Php 1,900 Php 1,300 Php 700 year Taxes and insurance 3% 3% 3% 3% Life, years Money is worth 17% before taxes to the company. Using annual cost method, what is the total annual cost of machine A?10 Ahron Company makes 8,000 units per year of a part it uses in the products it manufactures. The unit product cost of this part is computed as follows: Direct materials $14.90 Direct labor 17.50 1.90 Variable manufacturing overhead Fixed manufacturing overhead 21.10 Total manufacturing cost $55.40 An outside supplier has offered to sell the company all of the units it needs. If the company accepts this offer, the facilities now being used to make the part could be used to make more units of a product that is in high demand. The additional contribution margin on this other product would be $161,600 per year. If the part were purchased from the outside supplier, $7.50 of the fixed manufacturing overhead cost being applied to the part would be eliminated. What is the maximum amount the company should be willing to pay an outside supplier per unit for the part if the supplier commits to supplying all 8,000 units required each year? A. $49.50 B. $62.00 C. $48.80 D. $55.40 E. None of the…
- Calla Company produces skateboards that sell for $50 per unit. The company currently has the capacity to produce 90,000 skateboards per year but is selling 80,000 skateboards per year. Annual costs for 80,000 skateboards follow. Direct materials $ 800,000 Direct labor 640,000 Overhead . 960,000 Selling expenses 560,000 Administrative expenses . 480,000 Total costs and expenses $3,440,000 A new retail store has offered to buy 10,000 of its skateboards for $45 per unit. The store is in a different market from Calla’s regular customers and would not affect regular sales. A study of its costs in anticipation of this additional business reveals the following: ∙ Direct materials and direct labor are 100% variable. ∙ Thirty percent of overhead is fixed at any production level from 80,000 units to 90,000 units; the remaining 70% of annual overhead costs are variable with respect to volume. ∙ Selling expenses are 60% variable with respect to number of units sold, and the other 40% of selling…Black pens produces 12,000 units of gel pen T50 annually at a total cost of 270,000 Direct materials 51,000 Direct labor 75,000 Variable overhead 65,000 Fixed overhead 90,000 Total 281,000 Classic pens has offered to supply 12,000 units of T50 per year for 20 per unit. If Black pens accepts the offer, 5 per unit of the fixed overhead would be saved. In addition, some of Black pens facilities could be rented to a third party for 23,000 per year. What are the relevant costs for the "make" alternative?A company produces three components on the same machine. The components are used i the manufacture of a finished product. The budget for next year indicates a requirement for 3,000 units of each component, but only 60,000 hours of machine time will be available. Additional components can be purchased from an external supplier to meet any production shortfall. Component Machine hours per unit A B с 9 5 O $537,000 O $543,000 O $549,000 O $553,000 12 Show Transcribed Text Variable production cost per unit $ per unit 45 70 56 Purchase price from external supplier $ per unit 65 78 80 What is the minimum total variable cost at which the 3,000 units of all three components can be obtained?