Business, 05.05.2020 19:10 23kaevans

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of Bali in Indonesia. The company produces a handcrafted Balinese musical instrument called a gamelan that is similar to a xylophone. The gamelans are sold for $937. Selected data for the company’s operations last year follow:

Units in beginning inventory 0
Units produced 11,000
Units sold 8,000
Units in ending inventory 3,000
Variable costs per unit:
Direct materials $ 250
Direct labor $ 440
Variable manufacturing overhead $ 55
Variable selling and administrative $ 15
Fixed costs:
Fixed manufacturing overhead $ 900,000
Fixed selling and administrative $ 690,000

Required:
1.
Assume that the company uses absorption costing. Compute the unit product cost for one gamelan.

2.
Assume that the company uses variable costing. Compute the unit product cost for one gamelan.

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 16:30

Aland development company purchases several acres of land adjacent to a wildlife reserve. it plans to build a new community, complete with shops and schools. green sands, a local environmental group, complains that the company's proposed building methods will disrupt the area's ecological balance. the company wants to respect the local ecology but also wants to build its development. the company decides to schedule a meeting with green sands's representatives to make choices about the property that are agreeable to both sides. which strategy would be most effective in this situation?

Answers: 2

Answer

Business, 21.06.2019 19:20

Astock with a beta of 0.6 has an expected rate of return of 13%. if the market return this year turns out to be 10 percentage points below expectations, what is your best guess as to the rate of return on the stock? (do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.)

Answers: 2

Answer

Business, 22.06.2019 01:00

Azster inc. recorded sales revenue for the year that ended december 31, 2014 as $67,000. interest revenue of $5,300 and expenses of $14,000 were also recorded for the same period. what is aster’s net profit or loss?

Answers: 3

Answer

Business, 22.06.2019 14:30

Which of the following is an example of a positive externality? a. promoting generic drugs would benefit people. b. a lower inflation rate would benefit most consumers. c. compulsory flu shots for all students prevents the spread of illness in the general public. d. singapore has adopted a comprehensive savings plan for all workers known as the central provident fund.

Answers: 1

Answer

You know the right answer?

Ida Sidha Karya Company is a family-owned company located in the village of Gianyar on the island of...

Questions