1 answer

1. Daffy Tunes manufactures a toy rabbit with moving parts and a built-in voice box. Projected...

Question:

1. Daffy Tunes manufactures a toy rabbit with moving parts and a built-in voice box. Projected sales in. units for the next 5
1. Daffy Tunes manufactures a toy rabbit with moving parts and a built-in voice box. Projected sales in. units for the next 5 months are as follows: Month Projected sales in units January 30,000 February 36,000 March 33,000 April 40,000 May 29,000 Each rabbit requires basic materials that Daffy purchases from a single supplier at $3.50 per rabbit. Voice boxes are purchased from another supplier at $1.00 each. Assembly labor cost is $2.00 per rabbit, and variable overhead cost is $0.50 per rabbit. Daffy's policy is to manufacture 1.5 times the coming month's projected sales every other month, starting with January (i.e., odd-numbered months) for February sales, and to manufacture 0.5 times the coming month's projected sales in alternate months (i.e., even- numbered months). Fixed manufacturing overhead applicable to rabbit production is $12,000 per month. Required: Daffy Tunes' dollar production cost for toy rabbits for February? (10points)

Answers

Jan Feb Mar
Opening Inventory 0 24000
Sales (in Units) 30000 36000 33000
Production 54000 (36000*1.5) 16500 (33000*0.5)
Closing Inventory 24000 4500
Particulars per unit $ Cost of Production for 16500 units
Basic Material 3.5
Voice Box 1
Labour 2
Variable OH 0.5
Total Variable Cost 7 115500
Fixed Cost 12000
Total Cost of Production Feb 127500
.

Similar Solved Questions

1 answer
In most ethnic groups, levels of lactase in the small intestine decrease after weaning. In adulthood,...
In most ethnic groups, levels of lactase in the small intestine decrease after weaning. In adulthood, consumption to too much dairy product often leads to intestinal distress (nausea, pain, diarrhea, & gas). Explain how a deficiency in the levels of lactase causes intestinal distress. (What norm...
1 answer
Prime Cost and Conversion Cost Benton Engineering Services Company incurred the following during 2016 Direct labor...
Prime Cost and Conversion Cost Benton Engineering Services Company incurred the following during 2016 Direct labor $23,500 Overhead 31,500 Selling expenses 28,000 Administrative expenses 25,500 Calculate prime cost and conversion cost for Benton Engineering Services Company during ...
1 answer
The absolute refractive index....?
The absolute refractive index....?...
1 answer
Consider a population with the following. μ = 49 and σ = 4.7 (a) Calculate the...
Consider a population with the following. μ = 49 and σ = 4.7 (a) Calculate the z-score for an x of 48.8 from a sample of size 32. (Give your answer correct to two decimal places.) (b) Could this z-score be used in calculating probabilities using Table 3 in Appendix B? Why or why not?...
1 answer
5. According to the figure below, we can say that cations are smaller than their parent...
5. According to the figure below, we can say that cations are smaller than their parent atom, whereas anions are larger than their parent atom. Do you agree with it? Support your answer with a chemical reason. Lit F LI d Give...
1 answer
Interactive LearningWare 4.3 reviews the principles that play a role in this problem. During a storm,...
Interactive LearningWare 4.3 reviews the principles that play a role in this problem. During a storm, a tree limb breaks off and comes to rest across a barbed wire fence at a point that is not in the middle between two fence posts. The limb exerts a downward force of 300 N on the wire. The left sect...
1 answer
31, 2021, the hands hefir value of 1.600.000 and bonds from held-to-maturity to trading securita sheet...
31, 2021, the hands hefir value of 1.600.000 and bonds from held-to-maturity to trading securita sheet and the 2021 income stal o w the following umber 31 hased 54 million sha We had a fair value of otrading securitie s ll bedste andere Desember 11.3021, balance Investment in bonds (TS) $ 3.600.000 ...
1 answer
What are the differences between right issues and bonus issues? Your answer should include the advantages...
What are the differences between right issues and bonus issues? Your answer should include the advantages and disadvantages of both right issues and bonus issues. (8marks)...
1 answer
ION Downloadable eTextbo ignment Apply the Skill 10.02 Draw a bond-line structure for each of the...
ION Downloadable eTextbo ignment Apply the Skill 10.02 Draw a bond-line structure for each of the following compounds: 4,4-Dimethyl-2-pentyne 2 Edit 5-Ethyl-2,5-dimethyl-3-heptyne Edit...
1 answer
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below...
Manufacturing cost data for Orlando Company, which uses a job order cost system, are presented below Indicate fie missing amount for each letter. Assume that in all cases manufacturing overhead is applied on the basis of direct labor cost and the rate is the same. overhead rate to 2 decimal places, ...
1 answer
As the population ages, there is increasing concern about accident-related injuries to the elderly. An article reported on an experiment in which the maximum lean angle the farthest a suhjert is able...
As the population ages, there is increasing concern about accident-related injuries to the elderly. An article reported on an experiment in which the maximum lean angle the farthest a suhjert is able to lean and still recover in one step- was determined ror both a sample of younger Temales (21-29 ye...
1 answer
4)-a fixed-dose combination product contains amlodipine besylate and atorvastatin calcium (CADUET) for the treatment of both...
4)-a fixed-dose combination product contains amlodipine besylate and atorvastatin calcium (CADUET) for the treatment of both hypertension and hypercholesterolemia. If a physician start a patient on a 5-mg/10-mg dose for 14 days and then raises the dose to 10mg/20mg, how many milligrams of each drug ...
1 answer
Average net torque
In a tumbling clothes dryer, the cylindrical drum (radius 50.0 cm and mass 35.0 kg) rotates once every second. (a) determine the rotational kinetic energy about itscentral axis. (b) if it started from rest and reached that speed in 2.50s, determine the average net torque on the dryer drum....
1 answer
6. Consider a Boolean expression: (a(yz))( V (zx)). Show two ways (seman- tical and syntactical ones) to obtain a minterm canonical form for this expression. 6. Consider a Boolean expression...
6. Consider a Boolean expression: (a(yz))( V (zx)). Show two ways (seman- tical and syntactical ones) to obtain a minterm canonical form for this expression. 6. Consider a Boolean expression: (a(yz))( V (zx)). Show two ways (seman- tical and syntactical ones) to obtain a minterm canonical form for ...
1 answer
1. Norma drives a Toyota Camry as her personal car. She bought the car for $10,000...
1. Norma drives a Toyota Camry as her personal car. She bought the car for $10,000 ten years ago and the current fair market value is $7,000. Calculate the realized and recognized gain or loss if Norma sells the car this year to Miriam for $11,000....
1 answer
Please help with part B! MP #01-Charges and Electric Forces 116-1-3 く : 3014 , Canstants...
Please help with part B! MP #01-Charges and Electric Forces 116-1-3 く : 3014 , Canstants Perodi: Table Part A Twa emall spheres spaced 20.0 cn apart have equal charges placed upan herm. How many excees elactrons must be present on ons ephere t the msgnitude o the torce ot repulsion between t...