Entries by Munene david

The Mixing Department is the third department in the MZS Inc. factory.

February 17, 2020 in /by

The Mixing Department is the third department in the MZS Inc. factory. During January, there were 4,000 units of beginning inventory in the Mixing Department, and 90,000 units were transferred in from the prior process. There were 8,000 units in ending inventory. The transferred-in cost in the beginning inventory was $170,000 and there was $600,000 […]

 

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Assume that we are manufacturing a product and assume that the sales price per unit is $60 and the variable cost

February 17, 2020 in /by

Assume that we are manufacturing a product and assume that the sales price per unit is $60 and the variable cost is $20 per unit and the fixed cost is $80,000; a) how many units would we need to sell to break even? b) How many units would we need to sell to earn a […]

 

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Sivan Co. manufactures and sells one product. For the year, they started with no opening inventory;

February 17, 2020 in /by

Sivan Co. manufactures and sells one product. For the year, they started with no opening inventory; produced 100,000 units but only sold 70,000 units. The selling price per each unit is $80. The variable costs per unit were: Direct materials…………………….7 Direct Labor ………………………..6 variable manufacturing overhead….5 variable selling and administrative….6 Fixed costs per year: Fixed […]

 

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At Long Co. electricity cost starts with a minimum fixed cost, and after that, there is a perfectly variable expense

February 17, 2020 in /by

At Long Co. electricity cost starts with a minimum fixed cost, and after that, there is a perfectly variable expense. Using estimated machine hours: Machine hours             Cost 50,000                             $68,000 60,000           […]

 

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