Tech Engineering in TN is making a product for the overseas market. The following cost data for the product has been compiled. Selling price: $167 Material and purchased parts: $25/unit Direct labor: 2 hrs at $20 per hour Fixed cost: $1,400,000 If the overhead expenses are charged at 80% of labor cost, determine the breakeven volume for this product. 8,383 14,433 20,000 26,666

Three production processes - A, B, and C - have the following cost structure:​ the selling price is 5.26 per unit Process Fixed Cost per Year Variable Cost per Unit A 119164 2.54 B 80631 4.52 C 70617 5.27 1. What is the cost of process A for a volume of 7104 units? (round to the nearest cent).

A marginal cost fiction C'(q) is given in the figure below. If the fixed costs are $10,000, estimate:  a) the total cost to produce 20 units (use left and right hand sums)  b) the additional cost if the company increased production from 20 to 40 units

Classify the following costs into either being product cost or period cost:(a) Raw material costs(b) Income taxes paid(c) Interest expenses on borrowed funds(d) Wages incurred in producing products(e) Fire insurance premium paid on factory buildings(f) Electric bill for the warehouse operation(g) Salary paid for engineers(h) Material handling cost related to production(i) Salary paid for plant managerU) Leasing expense for forklift trucks in warehouse operation(k) Mortgage payments on factory buildings

If engineering change order is the activity for an application of the ABC method of overhead allocation, the most reasonable cost driver(s) may be:1 – number of changes processed2 – size of the work force3 – management cost to process the change ordera. 1b. 2c. 3d. 1 and 3