Bramble Corporation produces industrial robots for high-precision manufacturing. The following information is given for Bramble Corporation. Per Unit Total Direct materials $400 Direct labor $330 Variable manufacturing overhead $ 75 Fixed manufacturing overhead $1,997,100 Variable selling and administrative expenses $ 61 Fixed selling and administrative expenses $ 396,250 The company has a desired ROI of 22%. It has invested assets of $52,622,000. It anticipates production of 3,170 units per year. (a) ✓ Your answer is correct. Compute the unit cost of the fixed manufacturing overhead and the fixed selling and administrative expenses. Fixed manufacturing overhead Fixed selling and administrative expenses eTextbook and Media (b) Compute the desired ROI per unit. ROI $ $ per unit 630 per unit 125 per unit Attempts: 2 of 10 used
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- Flash E−Card Manufacturing manufactures software parts for the computer software systems that produce e−cards. The Flash II part is currently manufactured in the Computer Department. The Data Department also produces the part, and the plant has excess capacity to produce the Flash II part. The current market price of the Flash II part is $900. The managerial accountant reported the following manufacturing costs and variable expense data: Flash E−Card Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials $860 Direct labor $110 Variable manufacturing overhead $150 Fixed manufacturing overhead (current production level) $145 Variable selling expenses (only incurred on sales to outside consumers) $118 If the highest acceptable transfer price is $900 in the market, what is the lowest acceptable in−house price the Data Department should receive to produce the part in−house at the ComputerDepartment?Assume that a division of Sony makes an electronic component for its speakers. Its manufacturing process for the component is a highly automated part of a just-in-time production system. All labor is considered to be an overhead cost, and all overhead is regarded as fixed with respect to output volume. Production costs for 100,000 units of the component are as follows: Direct Materials P300,000 Factory overhead: Indirect labor P 80,000 Supplies 30,000 Allocated occupancy cost 40,000 150,000 TOTAL COST P450,000 A small, local company has offered to supply the components at a price of P3.45 each. If the division discontinued its production of the component, it would save two-thirds of the supplies cost and P30,000 of indirect labor cost. All other overhead costs would continue. The division manager recently attended a seminar on cost behavior and learned about fixed and variable costs. He wants to…Flash E Card Manufacturing manufactures software parts for the computer software systems that produce e -cards. The Flash II part is currently manufactured in the Computer Department. The Data Department also produces the part and the plant has excess capacity to produce the Flash ll part. The current market price of the Flash Il part is $500. The managerial accountant reported the following manufacturing costs and variable expense data: Flash E-Card Manufacturing Manufacturing Costs and Variable Expense Report Flash Component Direct materials $800 $170 Direct labor $110 Variable manufacturing overhead Fixed manufacturing overhead (current production level) Variable selling expenses (only incurred on sales to outside consumers) $125 $140 If the highest acceptable transfer price is $500 in the market, what is the lowest acceptable in house price the Data Department should receive to produce the part in house at the Computer Department? O A. $1,080 О В. $800 О С. $170 O D. $110
- Kantrovitz Company is a manufacturer of industrial components. One of its products, AP110, is used as a subcomponent in appliance manufacturing. This product has the following information per unit: Selling price $150.00 Costs: Direct material $20.00 Direct labor 15.00 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 30.00 Shipping and handling 3.00 Fixed selling and administrative 10.00 Total per-unit cost $90.00 a. Kantrovitz has received a special, one-time order for 1,600 AP110 parts. Assuming Kantrovitz has excess capacity, what is the minimum price that is acceptable for beginning negotiations on this order? $50 d. Referring to (a), Kantrovitz has received a special, one-time order for 1,600 AP110 parts. Assume that Kantrovitz is operating at full capacity, and that the contribution of the output would be displaced by the one-time special order. Using the original data, compute the minimum acceptable selling price for this order. $______A company estimates that it will incur $3300000 of overhead each year in three departments: Processing, Packaging, and Testing. The company performs 800 processing transactions, 200000 packaging transactions, and 2000 tests per year in producing 400000 drums of product Oil and 600000 drums of product Sludge. The following data are available: Activity Cost Pool Estimated Use of Driver Processing 800 Packaging Testing 200000 2000 $1796250. $1503750. $1230000. $1650000. Cost 300 $1350000 Production information for the two products is as follows: 120000 1600 1350000 Oil Sludge Activity Cost Pool Estimated Use of Driver Estimated Use of Driver Processing 500 Packaging Testing 600000 The amount of overhead assigned to Sludge using ABC is 80000 400Petoskey Electronics Company manufactures specialized products for boats and recreational vehicles using its newly introduced patented engine analytics device. The first-year revenues and costs for the product device are as follows: Selling price $500 per unitDirect materials $175 per unitDirect labor $45 per unitVariable manufacturing overhead $40 per unitTotal fixed manufacturing overhead $1,600,000Variable selling and administrative $30 per unitTotal fixed selling and administrative $500,000Sales and manufacturing volume 25,000 units The second year the product device was available, Petoskey Company sold only 12,000 units of its device, because a competitor, Charlevoix Supply Company, produced and sold an identical device. Petoskey Company decided to file a lawsuit against the competitor for damages (in the form of lost profits) caused by the patent infringement. REQUIRED: 2.) Assume that Charlevoix Company is liable as alleged by Petoskey Company in the…
- Kantrovitz Company is a manufacturer of industrial components. One of its products, AP110, is used as a subcomponent in appliance manufacturing. This product has the following information per unit: Selling price $150.00 Costs: Direct material $20.00 Direct labor 15.00 Variable manufacturing overhead 12.00 Fixed manufacturing overhead 30.00 Shipping and handling 3.00 Fixed selling and administrative 10.00 Total per-unit cost $90.00 a. Kantrovitz has received a special, one-time order for 1,600 AP110 parts. Assuming Kantrovitz has excess capacity, what is the minimum price that is acceptable for beginning negotiations on this order? $______ b. Kantrovitz has 8,000 units of AP110 in inventory that have some defects. The units cannot be sold through regular channels without a significant price reduction. What per-unit cost figure is relevant for setting a minimum selling price on these units? $______ c. During the next year, sales of AP110 are expected to be 16,000…Petoskey Electronics Company manufactures specialized products for boats and recreational vehicles using its newly introduced patented engine analytics device. The first-year revenues and costs for the product device are as follows: Selling price $500 per unitDirect materials $175 per unitDirect labor $45 per unitVariable manufacturing overhead $40 per unitTotal fixed manufacturing overhead $1,600,000Variable selling and administrative $30 per unitTotal fixed selling and administrative $500,000Sales and manufacturing volume 25,000 units The second year the product device was available, Petoskey Company sold only 12,000 units of its device, because a competitor, Charlevoix Supply Company, produced and sold an identical device. Petoskey Company decided to file a lawsuit against the competitor for damages (in the form of lost profits) caused by the patent infringement. REQUIRED: 1.) Calculate Petoskey Company’s profit on this product device during the first year it…Christian Banera Company currently manufacturing the 20,000 unit parts it uses in its product production. The cost per unit of this part is computed as follows: Direct materials Direct labor $24.70 16.50 2.30 Variable manufacturing overhead Fixed manufacturing overhead Unit product cost 13.40 $56.90 An outside supplier has offered to sell the company all of these parts it needs for $51.80 a unit. If the company accepts this offer, the facilities now being used to make the part could be used to make more units of a product that is in high demand. The additional contribution margin on this other product would be $44,000 per year. If the part were purchased from the outside supplier, all of the direct labor cost of the part would be avoided. However, $5.10 of the fixed manufacturing overhead cost being applied to the part would continue even if the part were purchased from the outside supplier. This fixed manufacturing overhead cost would be applied to the company's remaining products.…
- Assume that Vickers Manufacturing estimates it will spend $1 million on overhead expenses. Vickers is a highly automated manufacturing plant; therefore, the majority of its overhead expenses relate to machinery (depreciation, repairs and maintenance, electricity used). Machine hours used would be a reasonable way to allocate overhead costs to products because use of machinery causes (or drives) overhead expenses. Vickers estimates that it will run its machines for 40,000 hours during the year. (1) Please provide the formula that would be used to calculate Vickers’ predetermined overhead rate and perform the calculation. Why is it necessary to calculate a predetermined overhead rate? (2) The calculation you used in the formula above should have included an activity base. Considering the different activity bases that could potentially be used, is it relevant that Vickers is described as a “highly automated” manufacturing plant? What might be the result if direct labor hours were used…Assume that Vickers Manufacturing estimates it will spend $1 million on overhead expenses. Vickers is a highly automated manufacturing plant; therefore, the majority of its overhead expenses relate to machinery (depreciation, repairs and maintenance, electricity used). Machine hours used would be a reasonable way to allocate overhead costs to products because use of machinery causes (or drives) overhead expenses. Vickers estimates that it will run its machines for 40,000 hours during the year. (1) Please provide the formula that would be used to calculate Vickers’ predetermined overhead rate and perform the calculation. Why is it necessary to calculate a predetermined overhead rate?Moss Ltd. has the following activities: creating bills of materials (BOM), studying manufacturing capabilities, improving manufacturing processes, training employees, and designing tooling. The general ledger accounts reveal the following expenditures for manufacturing engineering: Salaries £ 75,000Equipment 40,000Supplies __10,000 Total £125,000 The equipment is used for two activities: improving processes and designing tooling. Thirty-five percent of the equipment's time is used for improving processes and 65 percent is used for designing tools. The salaries are for two engineers. One is paid £50,000, while the other earns £25,000. The £50,000 engineer spends 40 percent of his time training employees in new processes and 60 percent of his time on improving processes. The remaining engineer spends equal time on all activities. Supplies are consumed in the following proportions: Creating BOMs 25%Studying capabilities 10%Improving processes 20%Training employees 25%Designing tooling…