Hofburg's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $2 per pound and $7 per hour. The standard overhead rate is $8 per direct labor hour. The total standard cost of Hofburg's product is Round your answer to two decimals.

Bluegill Company sells 15,500 units at $320 per unit. Fixed costs are $248,000 and income from operations is $2,728,000. Determine the following: Round the contribution margin ratio to two decimal places. a. Variable cost per unit b. Unit contribution margin per unit c. Contribution margin ratio

Fleurant, Inc., manufactures and sells two products: Product W2 and Product P8. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below:     Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product W2 400 5 2,000 Product P8 500 4 2,000 Total direct labor-hours     4,000     The direct labor rate is $37.10 per DLH. The direct materials cost per unit is $203.60 for Product W2 and $140.30 for Product P8.   The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and expected activity:       Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product W2 Product P8 Total Labor-related DLHs $ 218,576 2,000 2,000 4,000 Production orders orders   18,538 400 380 780 Order size MHs   202,886 3,880 3,680 7,560     $ 440,000           Which of the…

The following information applies to the questions displayed below.]Antuan Company set the following standard costs per unit for its product. Direct materials (5.0 pounds @ $6.00 per pound) $ 30.00 Direct labor (1.9 hours @ $11.00 per hour) 20.90 Overhead (1.9 hours @ $18.50 per hour) 35.15 Standard cost per unit $ 86.05 The standard overhead rate ($18.50 per direct labor hour) is based on a predicted activity level of 75% of the factory’s capacity of 20,000 units per month. Following are the company’s budgeted overhead costs per month at the 75% capacity level. Overhead Budget (75% Capacity) Variable overhead costs   Indirect materials $ 30,000 Indirect labor 75,000 Power 30,000 Maintenance 30,000 Total variable overhead costs 165,000 Fixed overhead costs   Depreciation—Building 24,000 Depreciation—Machinery 70,000 Taxes and insurance 18,000 Supervisory salaries 250,250 Total fixed overhead costs 362,250 Total overhead costs $ 527,250 The…

Conversion cost per unit equals $4. Total materials cost equal $89800. Equivalent units for materials are 10000. How much is the total manufacturing cost per unit? $8.00. $12.98. $4.00. $8.98.

Mars Company manufactures and sells three products. Relevant per unit data concerning each product are given below:     Product     A   B   C Selling price   $8   $12   $18 Variable costs and expenses   $5   $10   $15 Machine hours to produce   2   1   2     Compute the contribution margin per unit of limited resource (machine hours) for each product. (Round contribution margin per unit to 2 decimal places, e.g. 1.25.)     Product A   Product B   Product C Contribution margin per unit of limited resource   $    $    $    Assuming 3,000 additional machine hours are available, which product should be manufactured?                                                                         What is the total contribution margin if the hours are (1) divided equally amoung the products and (2) if they are allocated entirely to the product identified above.       Total contribution margin (1) Divided equally amoung the…

Can you please help me fill out the two tables, also please let me know what formulas and rules were used

A company makes four products that have the following characteristics: Product A sells for $75 but needs $40 of materials to produce; Product B sells for $90 but needs $65 of materials to produce; Product C sells for $110 but needs $80 of materials to produce; Product D sells for $135 but needs $105 of materials to produce. The processing requirements for each product on each of the four machines are shown in the table. Processing Time (min/unit) A Work Center W 8 4 12 10 14 10 12 8 10 9 12 9 6. Y Vork centers W, X, Y, and Z are available for 5 days per week, 1 shift per day (8 hrs.) and have no setup me when switching between products. Market demand is 50 As, 60 Bs, 70 Cs, and 80 Ds per week. In the uestions that follow, the traditional method refers to maximizing the contribution margin per unit for ach product, and the bottleneck method refers to maximizing the contribution margin per minute at the ottleneck for each product. Each worker is paid $15 per hour and is paid for an…

Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:     Average Cost per Unit Direct materials $ 5.50 Direct labor $ 3.00 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 4.00 Fixed selling expense $ 2.50 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50   11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.) __________________________________________________________________________________________   Martinez Company’s relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows:     Average Cost per…

Compute the activity rate for each activity cost pool. (Round your answers to 2 decimal places.)