Business, 19.05.2021 18:50 louie4052

Question 1 Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is well accepted by consumers, and the company has enough orders to keep the factory production at 10,000 helmets per month (80% of its full capacity). Ohno’s monthly manufacturing cost and other expense data are as follows.

Rent on factory equipment $11,100
Insurance on factory building 1,900
Raw materials (plastics, polystyrene, etc.) 78,300
Utility costs for factory 900
Supplies for general office 300
Wages for assembly line workers 67,100
Depreciation on office equipment 900
Miscellaneous materials (glue, thread, etc.) 1,400
Factory manager’s salary 5,800
Property taxes on factory building 400
Advertising for helmets 14,500
Sales commissions 10,800
Depreciation on factory building 1,700

Answers: 2

Show answers

Another question on Business

Business, 22.06.2019 10:00

mary's baskets company expects to manufacture and sell 30,000 baskets in 2019 for $5 each. there are 4,000 baskets in beginning finished goods inventory with target ending inventory of 4,000 baskets. the company keeps no work-in-process inventory. what amount of sales revenue will be reported on the 2019 budgeted income statement?

Answers: 2

Answer

Business, 22.06.2019 17:50

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?

Answers: 1

Answer

Business, 22.06.2019 20:30

The former chairman of the federal reserve, alan greenspan, used the term "irrational exuberance" in 1996 to describe the high levels of optimism among stock market investors at the time. stock market indexes such as the s& p composite price index were at an all-time high. some commentators believed that the fed should intervene to slow the expansion of the economy. why would central banks want to clamp down when the economy is growing? a. to block the formation of unsustainable speculative asset bubbles. b. to curtail excessive profits in the banking system. c. to prevent inflationary forces from gathering momentum. d. all of the above. e. a and c only.

Answers: 3

Answer

Business, 22.06.2019 23:00

What is the purpose of the us international trade association?

Answers: 2

Answer

You know the right answer?

Question 1 Ohno Company specializes in manufacturing a unique model of bicycle helmet. The model is...

Questions