Slippers and Crystal Balls.  FGI estimates they can sell 30,000 Glass Slippers and 20,000 Crystal Balls.  Both products must be processed by the glass sanding machine, which has a capacity of 25,000 machine hours. Fairy Godmother Inc Production Information Per Unit Information Glass Slippers Crystal Balls Selling Price 25 15 Direct Materials 8 5 Direct Labor 8 4 Variable Overhead 2 2 Variable Selling 1 1 Machine Hours 4 .75 What is the contribution margin per unit for Crystal Balls? Group of answer choices 1.50 3 6 4

Lean Mfg: Vintage Audio Inc

Activity Cost Driver Chosen asAllocation Base Conversion Cost Per Unit ofAllocation Base Materials handling Number of parts $1.00 Machining Machine hours 60.00 Packaging Number of finished units 2.00 Each windsock requires three parts and spends five minutes in the machining department. The total cost of direct materials and direct labor is $3.50 per windsock. Gale produces 20,000 windsocks each year and sells them at 140% of cost. The total cost of producing the 20,000 windsocks is:   Question 7 options:   $160,000.   $230,000.   $270,000.   $1,260,000.

Lifemaster produces two types of exercise​ treadmills: Regular and Deluxe. The exercise craze and related demand is such that Lifemaster could use all of its available machine hours producing either model. The two models are processed through the same production department.   A B C 1   Per Unit 2   Deluxe Regular 3 Sale price $1,020 $580 4 Less expenses:     5 Direct materials 280 100 6 Direct labor 92 184 7 Variable manufacturing overhead 246 82 8 Fixed manufacturing overhead* 114 38 9 Variable operating expenses 119 61 10 Total expenses $851 $465 11 Operating income $169 $115 ​*Allocated on the basis of machine hours   What product mix will maximize operating​ income? (Hint​: Use the allocation of fixed manufacturing overhead to determine the proportion of machine hours used by each​ product.)   Prepare the product mix analysis.

Wheel and Tire Manufacturing currently produces 1,000 tires per month. The following per unit data apply for sales to regular customers: Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing costs Select one: The plant has capacity for 3,000 tires and is considering expanding production to 2,000 tires. What is the total cost of producing 2,000 tires? a. $39,000 b. $78,000 C. 1. $62,000 $20 3 d. they are all wrong 6 10 $39

FUT manufactures two products.. Both products require manufacturing operations in two departments: Product 1 2 Profit/Unit $25 $20 Labour Hours Dept. A 6 8 Labour Hours Dept. B 12 10 For the coming production period, FUT has available 900 hours of labor that can be allocated to either of the two departments. Find the production plan and labor allocation (hours assigned in each department) that will maximize profit. (Use Excel Solver)

Vermont Instruments manufactures two models of calculators. The fiancé model is the Fin-X and the scientific model is the Sc-X. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is in the cost of the parts. The following data are available for June:                                                                                                    Fin-X            Sci-X                        Total Number of units                                                      12,000              40,000                   52,000 Parts cost per unit                                                        $25                    $23 Other costs:     Direct labor                                                                                                                 $53,000     Indirect materials                                                                                                         18,000     Overhead…

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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…

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