Wilkerson Case Prepare a table ( per unit and in total) showing sales, direct labor expenses,...

Wilkerson Case

Prepare a table ( per unit and in total) showing sales, direct labor expenses, material expenses, machine expenses overhead, setup labor overhead, receiving/ production control overhead, engineering overhead, packaging/ ship overhead, margin, and margin % for valves, pumps, flow controllers, unused capacity (difference between capacity units and actual driver unit usage x driver rate figured at capacity levels), and in total using driver rates based on capacity usage levels (machine hours, production runs, engineering hours and shipments.)

The data can be found in the Wilkerson Case and in exhibits 1-4 of the Wilkerson Case

Are you not able to google case? exhibits? I do not know how to attach a document to the questions?

Solutions

Expert Solution

ekkarill92 answered 1 year ago

Next > < Previous

Related Solutions

Wilkerson Case Prepare a table ( per unit and in total) showing sales, direct labor expenses,...

Wilkerson Case Prepare a table ( per unit and in total) showing sales, direct labor expenses, material expenses, machine expenses overhead, setup labor overhead, receiving/ production control overhead, engineering overhead, packaging/ ship overhead, margin, and margin % for valves, pumps, flow controllers, unused capacity (difference between capacity units and actual driver unit usage x driver rate figured at capacity levels), and in total using driver rates based on capacity usage levels (machine hours, production runs, engineering hours and shipments.) Wilkerson...

4).Sales is $100 per unit; direct material is $25 per unit; direct labor is $15 per...

4).Sales is $100 per unit; direct material is $25 per unit; direct labor is $15 per unit, overhead is $10 per unit and $20,000 per month; selling and administrative expenses are $5 per unit and $10,000 per month. The company produced 900 units. Gross margin equals: a).$25,000 b).$40,500 c).$90,000 d).$10,500 5).Sales is $100 per unit; direct material is $25 per unit; direct labor is $15 per unit, overhead is $10 per unit and $20,000 per month; selling and administrative expenses...

The current sales of a company are 5000 units at $65 per unit. Total variable expenses...

The current sales of a company are 5000 units at $65 per unit. Total variable expenses and fixed expenses are $200,000 and $104,800 respectively. If sales unit increase by 4% and fixed expenses remain unchanged, estimate the percentage change in net operating income. a. 80.16% b. 24.75% c. 25% d. 4%

12. The per-unit standards for direct labor are 1.5 direct labor hours at $15 per hour....

12. The per-unit standards for direct labor are 1.5 direct labor hours at $15 per hour. If in producing 3400 units, the actual direct labor cost was $69750 for 4500 direct labor hours worked, the total direct labor variance is $2250 unfavorable. $6750 unfavorable. $6750 favorable. $3400 unfavorable. 13. A company purchases 10000 pounds of materials. The materials price variance is $7000 favorable. What is the difference between the standard and actual price paid for the materials? $1.43 $0.70 $7.00...

Wilkerson Case Prepare a table comparing the driver rates when calculated using actual usage levels and...

Wilkerson Case Prepare a table comparing the driver rates when calculated using actual usage levels and capacity levels

The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour....

The standards for product G78V specify 6.1 direct labor-hours per unit at $14.10 per direct labor-hour. Last month 1,800 units of product G78V were produced using 11,030 direct labor-hours at a total direct labor wage cost of $146,220. Required: a. What was the labor rate variance for the month? b. What was the labor efficiency variance for the month? (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero...

Problem 2 Total Per Unit Percent of Sales Sales (40,000 units) 2,400,000 60 100% Variable expenses...

Problem 2 Total Per Unit Percent of Sales Sales (40,000 units) 2,400,000 60 100% Variable expenses 1,600,000 40 ? % Contribution margin 800,000 ? % Fixed expenses 500,000 Net operating income 300,000 Calculate variable expense ratio. Calculate contribution margin ratio. Calculate break even sales in units (show your work). Calculate break even sales in Dollars. How many units must be sold to make a profit of SAR 200,000. Management is considering increasing quality of its units by spending SAR 3...

Testing Inc. had the following amounts: Direct materials $8 per unit Direct Labor $15 per unit...

Testing Inc. had the following amounts: Direct materials $8 per unit Direct Labor $15 per unit Variable overhead $5 per unit Fixed overhead $90,000 Variable selling expenses $3 per unit Fixed selling and admin. expenses $150,000 75,000 units produced 60,000 units sold at $40 each Calculate the VARIABLE product cost per unit and prepare a Contribution Margin Income Statement under Variable Costing in order to fill in the rest of the information. (Remember you can submit your calculations for possible...

Lilac, LLC had the following amounts: Direct materials $12 per unit Direct Labor $14 per unit...

Lilac, LLC had the following amounts: Direct materials $12 per unit Direct Labor $14 per unit Variable overhead $3 per unit Fixed overhead $67,500 Variable selling expenses $4 per unit Fixed selling and administrative expenses $112,000 67,500 units produced 59,500 units sold Sales price per unit is $44 each Calculate the Absorption product cost per unit and prepare a Multi-Step Income Statement under Absorption Costing in order to fill in the rest of the information. Absorption product cost per unit...

You have been given the following information: Expected Production Direct Labor-Hours (DLH) Per Unit Total Direct...

You have been given the following information: Expected Production Direct Labor-Hours (DLH) Per Unit Total Direct Labor-Hours Product M 700 7.0 4,900 Product N 100 4.0 400 Total direct labor-hrs 5,300 The direct labor rate is $24.20 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost per Unit Product M $279.00 Product N $251.00 The company is considering adopting an activity-based costing system with the following activity cost pools, activity measures, and...

Subjects