Loafers are Us, a manufacturer of men’s dress shoes, uses the high low method to estimate cost behaviors. In its current manufacturing operations, three different cost types are incurred: A, B, and C. Per unit costs for each cost type at two different activity levels are as follows:   A B C 5,000 pairs of shoes         $4.00      $9.00      $4.00      7,500 pairs of shoes $4.00 $6.00 $3.00                If 10,000 pairs of shoes are produced, the total manufacturing costs would be: Units are not necessary (i.e. $ or commas)   Answer:

Cordova manufactures three types of stained glass window, cleverly named Products A, B, and C. Information about these products follows:    Product A Product B Product C Sales price $ 52.00 $ 62.00 $ 92.00   Variable costs per unit   17.60   10.75   25.60   Fixed costs per unit   8.00   8.00   8.00   Required number of labor hours   2.00   2.50   4.00     Cordova currently is limited to 60,000 labor hours per month. Cordova’s marketing department has determined the following demand for its products:        Product A 10,000 units Product B 10,000 units Product C 6,000 units   Required:Given the company’s limited resource and expected demand, compute how many units of each product Cordova should produce to maximize its profit. (Enter the products in the sequence of their preferences; the product with first preference should be entered first. Round your answers to the nearest whole number.)   products  units produced

Cordova manufactures three types of stained glass windows, cleverly named Products A, B, and C. Information about these products follows: Sales price Variable costs per unit Fixed costs per unit Required number of labor hours. Product A $ 55.00 Product B $ 65.00 19.80 10.00 Product C $ 95.00 27.40 5.00 2.50 5.00 4.00 5.00 2.00 Cordova currently is limited to 60,000 labor hours per month. Cordova's marketing department has determined the following demand for its products: Product A Product B Product C Required: 13,000 units 10,000 units 6,000 units Given the company's limited resource and expected demand, compute how many units of each product Cordova should produce to maximize its profit. Note: Enter the products in the sequence of their preferences; the product with first preference should be entered first. Round your answers to the nearest whole number. Product B A C Units Produced

Shanghai Company sells glasses, fine china, and everyday dinnerware. It uses activity-based costing to determine the cost of the shipping and handling activity. The shipping and handling activity has an activity rate of $12 per pound. A box of glasses weighs 2 pounds, a box of fine china weighs 4 pounds, and a box of everyday dinnerware weighs 6 pounds. a Determine the shipping and handling activity cost to be allocated to each unit of product. Glasses Fine China Everyday dinnerware b Determine the total shipping and receiving costs to be allocated to the fine china if 2,300 boxes are shipped.

A firm makes a range of running shoes. There are three models – Short; Middle; and Long distance. The products are aimed at different segments of the market. Product costs are computed using an overhead rate based on the labour hour method. Selling prices are set on full cost plus 20%. A unit refers to a pair of running shoes. The following information is available:     Short distance Middle distance Long distance Direct material cost per unit $25 $35 $40 Labour hours per unit 2 hrs 2 hrs 2 hrs Labour rate per hour $12 $12 $12 Total labour hours used 120,000 hrs 24,000 hrs 16,000 hrs Total number of units 60,000 units 12,000 units 8,000 units   Cost driver information:     Short distance Middle distance Long distance No. of machine hours 60,000 48,000 48,000 No. of material orders 30 100 200 No. of sales orders 12 48 63   The total overhead costs for the business amount to $1.2…

Haliburton Mills Inc. is a large producer of men’s and women’s clothing. The company uses standard costs for all of its products. The standard costs and actual costs for a recent period are given below for one of the company’s product lines (per unit of product):     StandardCost ActualCost Direct materials:             Standard: 3.0 metres at $4.60 per metre $ 13.80         Actual: 3.2 metres at $4.35 per metre       $ 13.92   Direct labour:             Standard: 2.6 hours at $3.60 per hour   9.36         Actual: 2.2 hours at $3.95 per hour         8.69   Variable manufacturing overhead:             Standard: 2.6 hours at $2.40 per hour   6.24         Actual: 2.2 hours at $2.90 per hour         6.38   Fixed manufacturing overhead:             Standard: 2.6 hours at $4.00 per hour   10.40         Actual: 2.2 hours at $4.05 per hour         8.91   Total cost per unit $ 39.80   $ 37.90             Actual costs: 6,500 units at $37.90 $ 246,350…