Question
In: Accounting
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the...
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the price per unit is $12. Group 2 has 200 units and the price per unit is $20. Group 3 has 900 units and the price per unit is $2.5. The purchase price for all units was $9,000. Determine the cost per unit for each group. Use the relative sales value method.
Solutions
Expert Solution
| Group 1 | Group 2 | Group 3 | |
| Units | 350 | 200 | 900 |
| Price | $ 12.00 | $ 20.00 | $ 2.50 |
| Relative Sales Value | $ 4,200.00 | $ 4,000.00 | $ 2,250.00 |
| Cost Allocated | $ 3,617 | $ 3,445 | $ 1,938 |
| Unit Cost | $ 10.33 | $ 17.22 | $ 2.15 |
ekkarill92 answered 1 year agoRelated Solutions
Company ABC divides its inventory into three different groups. Group 1 has 350 units and the...
Company ABC divides its inventory into three different groups.
Group 1 has 350 units and the price per unit is $12. Group 2 has
200 units and the price per unit is $20. Group 3 has 900 units and
the price per unit is $2.5. The purchase price for all units was
$9,000.
Determine the cost per unit for each group. Use the
relative sales value method.
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Group A
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102
154
103
105
144
108
101
164
196
107
107
189
113
128
157
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Question 4: AB-25 is a top-selling electronic product. The company divides its customers into two groups:...
Question 4:
AB-25 is a top-selling electronic
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New Customers
Upgrade Customers
Selling price
Variable costs
Manufacturing
Marketing
Contribution margin
$200
$25
50 75
$?
$150
$20
25 45
$?
The fixed costs of AB-25 are
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group receives a new drug called RT56 for 3 months, the other a
placebo (looks like RT56, but is a sugar pill). She then measures
reaction time (RT) on a complex task and finds the following RT s
in seconds (s): Group 1 Group 2 RT56 Placebo N=10 N=9 .456 .532
.347 .458 .435 .768 .234 .643 .521 .678 .411 .569 .398 .486 .254
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A researcher randomly divides 19 subjects into two groups. One group receives a new drug called...
A researcher randomly divides 19 subjects into two groups. One
group receives a new drug called RT56 for 3 months, the other a
placebo (looks like RT56, but is a sugar pill). She then measures
reaction time (RT) on a complex task and finds the following RT s
in seconds (s): Group 1 Group 2 RT56 Placebo N=10 N=9 .456 .532
.347 .458 .435 .768 .234 .643 .521 .678 .411 .569 .398 .486 .254
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A video game developer is testing a new game on three different groups. Each group represents...
A video game developer is testing a new game on three different
groups. Each group represents a different target market for the
game. The developer collects scores from a random sample from each
group. The results are shown below
Group A
Group B
Group C
97
152
99
103
148
110
95
161
198
110
112
183
106
129
155
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from each group. Show all work to receive credit. Include a table
of your results.
Group A
Group B
Group C
101
151
101
108
149
109
98
160
198
107
112
186
111
126
160
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A video game developer is testing a new game on three different groups. Each group represents...
A video game developer is testing a new game on three different
groups. Each group represents a different target market for the
game. The developer collects scores from a random sample from each
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Group A
Group B
Group C
101
142
107
109
158
105
97
147
197
105
111
201
103
132
168
That is the mean sum of squares
within MS(Within)?
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