Welcome to the Most Reliable Essay writing Service Online

acct 6200 quiz 2 100 points, total.for partial credit, formulas and

by | May 24

ACCT 6200Quiz 2
100 points, total.For partial credit, formulas and work, appropriately labeled, must be shown.
Moyer Petrochemical Company produces three products.  Budgeted sales quantities, target prices and actual prices for 2014 are shown below:
Product    Sales Quantity    Target Price    Actual Price    DifferenceX    500    199.50    300.00    100.50
Y    1,000    $279.00    $280.00    $   1.00                Z    5,000    294.00    250.00    (44.00)               
The firm sets the target price at 150% of the product’s total manufacturing cost.  The firm was able to sell Product X at a higher price than the target, but was unable to achieve the target price on Product Z. Susan Moyer, CEO, wants to promote Product Xmuch more aggressively and phase out Product Z because she believes that this information suggests that Product X has the greatest potential among the firm’s three products since the actual selling price of Product X was about 50% higher than the target price.
The direct materials and direct labor costs per unit for each product are:
    Product X    Product Y    Product ZDirect materials    $65.00    $50.00    $114.40Direct labor    10.00    20.00    12.00Total direct cost    $75.00    $70.00    $126.40               
Both the budgeted and actual total manufacturing overhead costs for 2014were $493,000. The firm uses direct labor dollars to assign manufacturing overhead costs to products.  Budgeted and actual units sold were the same for each product. 
1.    Compute the overhead allocation rate using Moyer Petrochemical Company’s traditional costing system. [10 points]
$5.80/ Direct labor dollar = $493,000/($20×1,000+$12×5,000+$10×500)……………………………………………………..total 10 problem

The post acct 6200 quiz 2 100 points, total.for partial credit, formulas and appeared first on EssayBishop.

  

CLIENT TESTIMONIALS

The Service Is Okay. I won’t Complain

The writers on the website are courteous and the customer service responds quickly. My paper was handled well; They promised...

Writers here are very professional and are native British

Thanks a lot for helping me out with my PhD Thesis, Writers here are very professional and are native British!!

Jack, The United Kingdom

Very Very Helpful, and On time.

Very Very Helpful, and On time.

Adelio M, Spain

I scored complete A’s in 3 out of four courses

I scored complete A’s in 3 out of four courses

Anonymous, Illinoi Chicago

CLICK HERE  To order your paper

About Essaysmiths Assignment writing service

We are a professional paper writing website. If you have searched a question and bumped into our website just know you are in the right place to get help in your coursework. We offer HIGH QUALITY & PLAGIARISM FREE Papers.

How It Works

To make an Order you only need to click on “Order Now” and we will direct you to our Order Page. Fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.

Are there Discounts?

All new clients are eligible for upto 20% off in their first Order. Our payment method is safe and secure.

 CLICK HERE to Order Your Assignment

 

Recently Posted Questions.

Order your Assignment today and save 15% with the discount code ESSAYHELP

X