Costing Question 1

HomeworkMarket

• 0

Home.Literature.Help.

• Contact Us
• FAQ

Log in / Sign up

Log in / Sign up

Help.Costing Questionaccountguru (Not rated) (Not rated)Chat

• Main

Home>Business & Finance homework help>Accounting homework help

1.  A chair manufacturer has established the following flexible budget for the month.

 Units Produced and Sold                  1,000   1,500       2,000
Sales                                                 $10,000 $15,000 $20,000
Variable Costs                                   (5,000) (7,500) (10,000)
Fixed Costs                                         (2,000) (2,000) (2,000)
Profit                                                  $ 3,000 $ 5,500 $ 8,000

Required:

   a. What is the sales price per chair?
   b. what is the expected profit if 1,600 chairs are made

2. The Fancy Umbrella Company makes beach umbrellas. The production process requires 3 square meters of plastic sheeting and a metal pole. The plastic sheeting costs $0.50 per square meter and each metal pole costs $1.00. At the beginning of the month, the company has 5,000 square meters of plastic and 1,000 poles in raw materials inventory. The preferred raw material amount at the end of the month is 3,000 square meters of plastic sheeting and 600 poles. The company has 300 finished umbrellas in inventory at the beginning of the month and plans to have 200 finished umbrellas at the end of the month. Sales in the coming month are expected to be 5,000 umbrellas.

a.) How many umbrellas must the company produce to meet demand and have sufficient ending inventory?

b.) What is the cost of materials that must be purchased? 

• 8 years ago

Report IssueCosting QuestionNOT RATED

Purchase the answer to view it



• costing_questions.docx



plagiarism checkPurchase $5

1. Applied Sciences
2. Architecture and Design
3. Biology
4. Business & Finance
5. Chemistry
6. Computer Science
7. Geography
8. Geology
9. Education
10. Engineering
11. English
12. Environmental science
13. Spanish
14. Government
15. History
16. Human Resource Management
17. Information Systems
18. Law
19. Literature
20. Mathematics
21. Nursing
22. Physics
23. Political Science
24. Psychology
25. Reading
26. Science
27. Social Science
• Home
• Homework Answers
• Blog
• Archive
• Tags
• Reviews
• Contact
• • 
  • 
  • 

Copyright © 2021 HomeworkMarket.com { scriptNode.onload = () => resolve() document.head.appendChild(scriptNode) }) } async function loadScripts(backupScripts) { for(let i = 0; i < backupScripts.length; i++) { await loadScript(backupScripts[i]) } } function userInteractionEvent(event) { eventsQueue.push(event); if (!isLoading) { isLoading = true; const tags = document.querySelectorAll('script[type="javascript/blocked"]') const backupScripts = []; for(let i = 0; i < tags.length; i++) { const script = tags[i] const scriptNode = document.createElement('script') scriptNode.setAttribute('src', script.src) scriptNode.setAttribute('type', 'application/javascript') backupScripts.push(scriptNode) script.parentElement.removeChild(script) } loadScripts(backupScripts).then(() => { eventNames.forEach(evt => { document.removeEventListener(evt, userInteractionEvent); }) eventsQueue.forEach(e => e.target.dispatchEvent( new Event(e.type, { bubbles: true, cancelable: true }) ) ); }) } } let isLoading = false; let eventsQueue = []; const eventNames =’click, tap’.split(‘, ‘); eventNames.forEach(evt => { document.addEventListener(evt, userInteractionEvent); }) if(document.getElementById(‘read-more-btn’) != null) { let btnOffsetTop; function loadMoreHtml(event) { if(window.scrollY > (btnOffsetTop / 2)) { document.getElementById(‘read-more-btn’).click(); document.removeEventListener(‘scroll’, loadMoreHtml); } } const readMoreBtn = document.getElementById(‘read-more-btn’); const { top } = readMoreBtn.getBoundingClientRect(); btnOffsetTop = (window.pageYOffset || document.documentElement.scrollTop) + top; document.addEventListener(‘scroll’, loadMoreHtml); }