subject
Business, 10.04.2020 20:29 KillerV

Lens care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two models - one mainly used for fine eyewear (F-32) and another for lenses used in binoculars, cameras, and similar equipment (B-13).

The manufacturing cost of each unit is calculated using activity-based costing, using the following manufacturing cost pools:

Cost Pools Allocation Base Costing Rate
Materials handling Number of parts $2.40 per part
Manufacturing supervision Hours of machine time $14.80 per hour
Assembly Number of parts $3.30 per part
Machine setup Each setup $56.50 per setup
Inspection and testing Logged hours $45.50 per hour
Packaging Logged hours $19.50 per hour
LCI currently sells the B-13 model for $1,775 and the F-32 model for $1,220. Manufacturing costs and activity used for the two products are as follows:

B-13 F-32
Direct materials $164.50 $75.60
Number of parts 160.00 120.00
Machine hours 7.90 4.20
Inspection time 1.70 0.80
Packaging time 0.90 0.50
Setups 3.00 2.00

The product cost for model B-13 is:

a. $1,457.82.

b. $1,293.32.

c. $1,159.34

d. $905.31.

e. $980.91.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 08:00, savannahworkman11
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
image
Business, 22.06.2019 23:30, ameliaxbowen7
Rate of return douglas keel, a financial analyst for orange industries, wishes to estimate the rate of return for two similar-risk investments, x and y. douglas's research indicates that the immediate past returns will serve as reasonable estimates of future returns. a year earlier, investment x had a market value of $27 comma 000; and investment y had a market value of $46 comma 000. during the year, investment x generated cash flow of $2 comma 025 and investment y generated cash flow of $ 6 comma 770. the current market values of investments x and y are $28 comma 582 and $46 comma 000, respectively. a. calculate the expected rate of return on investments x and y using the most recent year's data. b. assuming that the two investments are equally risky, which one should douglas recommend? why?
Answers: 1
image
Business, 23.06.2019 00:00, linseyamaker2961
What is a sales lead? a. an employee on the customer service team who deals with existing customers b. a sales person who works on a residual commission structure c. an expert in maslow's hierarchy of needs d. a potential customer who has shown interest in the company's product
Answers: 1
image
Business, 23.06.2019 00:30, ash848
Considered to be a "super tool" or tool that has high use and high potential for improving project success?
Answers: 3
You know the right answer?
Lens care Inc. (LCI) manufactures specialized equipment for polishing optical lenses. There are two...

Questions in other subjects:

Konu
Mathematics, 24.02.2021 19:10
Konu
Mathematics, 24.02.2021 19:10
Konu
Biology, 24.02.2021 19:10