Using the departmental overhead rates calculated in question # 29, how much overhead would be allocated to the 7 sting model?
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The Mako Kayak Company manufactures three types of kayaks -…
The Mako Kayak Company manufactures three types of kayaks – a fishing kayak, a tandem kayak and an ocean kayak. Data on sales and expenses for the past quarter follow: Fishing Tandem Ocean Total Kayaks Kayaks Kayaks Sales $200,000 $80,000 $70,000 $50,000 Variable manufacturing expenses 83,000 30,000 27,000 26,000 Contribution Margin 117,000 50,000 43,000 24,000 Fixed Expenses Advertising, traceable 22,000 7,000 10,000 5,000 Depreciation of special equipment 16,000 4,000 6,000 6,000 Product-line manager salary 28,000 8,000 12,000 8,000 Allocated common fixed expenses* 40,000 16,000 14,000 10,000 Total fixed expenses 106,000 35,000 42,000 29,000 Net Operating income (loss) $11,000 $15,000 $1,000 ($5,000) *Allocated on the basis of sales dollars Management is concerned about the continued losses shown by the ocean kayaks and wants a recommendation as to whether or not the line should be discontinued. The special equipment used to produce ocean kayaks has no resale value. If the ocean kayak line is dropped, the line supervisor assigned to the model line would be discharged.What is the financial advantage (disadvantage) per quarter of discontinuing the Ocean Kayaks?
Questions 29 through 31 are based on the following informati…
Questions 29 through 31 are based on the following information: ABC Co. manufactures two models of guitar:-a 6-string model and a 7-string model. The company considers all of its manufacturing overhead costs to be fixed. All manufacturing overhead costs are incurred in either the Fabrication Department or the Assembly Department. Details regarding manufacturing overhead costs by department are presented below: Fabrication Assembly Total Manufacturing OH costs $500,000 $200,000 $700,000 Direct labor hours 6 string model 5,000 2,000 7,000 7 string model 10,000 3,000 13,000 Machine hours 6 string model 1,000 0 1,000 7 string model 1,500 0 1,500
********** QUESTIONS 11 THROUGH 21 ARE CHAPTER 10 MATERIAL…
********** QUESTIONS 11 THROUGH 21 ARE CHAPTER 10 MATERIAL **********
Last year’s return on investment (ROI) was closet to:
Last year’s return on investment (ROI) was closet to:
What is Net Operating Income for March 2020 If XYZ Corp. use…
What is Net Operating Income for March 2020 If XYZ Corp. uses variable costing?
A pediatric nurse is assigned phone triage for the shift. Th…
A pediatric nurse is assigned phone triage for the shift. The nurse takes a call from the mother of a 3-month-old infant. The mother tells the nurse that the child has been vomiting and experiencing diarrhea for several days. Based on this information, which response by the nurse is most appropriate?
JAX Corporation has 400 obsolete desk calculators that are c…
JAX Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $26,800. If these calculators are upgraded at a total cost of $10,000, they can be sold for a total of $30,000. As an alternative, the calculators can be sold in their present condition for $11,200.What is the financial advantage (disadvantage) to the company from upgrading the calculators?
The nurse is caring for a client who is receiving intravenou…
The nurse is caring for a client who is receiving intravenous fluids post-operatively following cardiac surgery. The nurse is aware that this client is at risk for fluid volume excess. The family asks why the client is at risk for this condition. Which response by the nurse is the most appropriate?
Which lab value is indicative of hypokalemia?
Which lab value is indicative of hypokalemia?