Marigold Company gathered the following data about the three products that it produces: Product   Present Sales Value Estimated Additional Processing Costs Estimated Sales if Processed Further A   $10400   $7200   $18600   B   12400   4200   15600   C   9400   2200   13600

Bonita Company gathered the following data about the three products that it produces: Product   PresentSales Value Estimated AdditionalProcessing Costs Estimated Salesif Processed Further A   $12200   $7200   $23000   B   19000   4600   22500   C   13000   2800   19500   Which of the products should not be processed further?

Sheridan Company gathered the following data about the three products that it produces: Present Estimated Additional Sales Value Processing Costs if Processed Further Estimated Sales Product $7400 $19200 $10800 A 12800 4400 B 16200 9800 C 14200 2400 Which of the products should not be processed further? O Product C O Products A and C OProduct B OProduct A

1. Company ABC produces and sells product X. Using information given below calculate Total Revenue (TR), Average Revenue (AR) and Marginal Revenue (MR).. Solution should be Excel format  Quantity Price per product (EUR) Total Revenue (EUR) Average Revenue (EUR) Marginal Revenue (EUR) 1 100 100 100 100 2 95 190 95 90 3 90 270 90 80 4 85 340 85 70 5 80 400 80 60 6 75 450 75 50 7 70 490 70 40 8 65 520 65 30 9 60 540 60 20 10 50 500 50 -40

Product cost concept of product pricing Based on the data presented in Exercise 12-15, assume that Willis Products Inc. uses the product cost concept of applying the cost-plus approach to product pricing. a.Determine the total manufacturing costs and the cost amount per unit for the production and sale of 200,000 units. b.Determine the product cost markup percentage per unit. Round to two decimal place. c.Determine the selling price per unit. Round to the nearest dollar.

Listmann Corporation processes four different products that can either be sold as is or processed further. Listed below are sales and additional cost data: Sales Value with no further Additional Processing Sales Value after further Product Processing Costs processing Premier $ 1,350 $ 900 $ 2,700 Deluxe 450 225 630 Super 900 450 Basic 90 45 1,800 180 Which product(s) should not be processed further?

-.. Required information Exhibit 13-7 Santa Maria Wool Cooperative 236,000 Cost of wool 6. Cost of separation process 40,000 Sales value of intermediate products at split-off point: 8 Undyed coarse wool 125,000 9. Undyed fine wool 156,000 10 Undyed superfine wool 60,000 11 Costs of further processing (dyeing) intermediate products: 12 Undyed coarse wool 50,000 13 Undyed fine wool 60,000 14 Undyed superfine wool 10,000 15 Sales value of end products: 16 Dyed coarse wool 170,000 17 Dyed fine wool 207,000 18 Dyed superfine wool 98,000 of 3 .... . . DELL %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 %24 4-

14. Customer life-cycle costs: Select one: a. Are the replacement costs of using a product or service. b. Are the costs to the customer of buying and using a product until it is replaced. c. Are the same as the selling life-cycle prices. d. Focus on marketing costs. e. Are the costs the selling company incurs to satisfy the customer.

Subject: Accounting

Use the following information about sales and costs to prepare a scatter diagram. Draw a cost line that reflects the behavior displayed by this cost. Determine whether the cost is variable, step-wise, fixed, mixed, or curvilinear. Period Sales Costs Period Sales Costs $760 $590 9. $580 $390 2. 800 560 10. 320 240 3. 200 230 II. 240 230 4 400 400 12. 720 550 5 480 390 13 280 260 6 620 550 14. 440 410 7 680 590 15 380 260 8 540 430