The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The compan has provided the following data: Selling Price per Unit $ 15.50 $ 6.00 $ 25.00 40,000 $ 11.00 326,000 $ 8.10 The following additional information is available: Product Debbie Trish Sarah Mike Sewing kit Demand Next year (units) 51,000 43,000 36,000 Direct Materials $ 4.40 $ 1.20 $ 6.59 $ 2.10 $ 3.30 Direct Labor $ 2.70 $ 1.20 $ 4.50 $ 3.30 $ 0.90 a. The company's plant has a capacity of 118,450 direct labor-hours per year on a single-shift basis. The company's present employe and equipment can produce all five products. b. The direct labor rate of $6 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $530,000 per year. Variable overhead costs are $3 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored

The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The compan has provided the following data: Selling Price per Unit $ 15.50 $ 6.00 $ 25.00 40,000 $ 11.00 326,000 $ 8.10 The following additional information is available: Product Debbie Trish Sarah Mike Sewing kit Demand Next year (units) 51,000 43,000 36,000 Direct Materials $ 4.40 $ 1.20 $ 6.59 $ 2.10 $ 3.30 Direct Labor $ 2.70 $ 1.20 $ 4.50 $ 3.30 $ 0.90 a. The company's plant has a capacity of 118,450 direct labor-hours per year on a single-shift basis. The company's present employe and equipment can produce all five products. b. The direct labor rate of $6 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $530,000 per year. Variable overhead costs are $3 per direct labor-hour. d. All of the company's nonmanufacturing costs are fixed. e. The company's finished goods inventory is negligible and can be ignored

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 7CE: Jean and Tom Perritz own and manage Happy Home Helpers. Inc. (HHH), a house-cleaning service. Each...

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The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 52,000 $ 17.00 $ 4.50 $ 2.80 Trish 44,000 $ 6.50 $ 1.30 $ 1.40 Sarah 37,000 $ 26.00 $ 6.74 $ 4.90 Mike 40,800 $ 12.00 $ 2.20 $ 3.50 Sewing kit 327,000 $ 8.20 $ 3.40 $ 1.05 The following additional information is available:   The company’s plant has a capacity of 114,750 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $7 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $540,000 per year. Variable overhead costs are $4 per direct labor-hour.…
he Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 62,000 $ 20.50 $ 5.50 $ 3.60 Trish 54,000 $ 7.00 $ 2.30 $ 1.32 Sarah 47,000 $ 34.00 $ 8.24 $ 7.20 Mike 56,000 $ 15.00 $ 3.20 $ 4.80 Sewing kit 337,000 $ 9.20 $ 4.40 $ 0.72 The following additional information is available:   The company’s plant has a capacity of 84,160 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $12 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $640,000 per year. Variable overhead costs are $3 per direct labor-hour.…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 62,000 $ 20.50 $ 5.50 $ 3.60 Trish 54,000 $ 7.00 $ 2.30 $ 1.32 Sarah 47,000 $ 34.00 $ 8.24 $ 7.20 Mike 56,000 $ 15.00 $ 3.20 $ 4.80 Sewing kit 337,000 $ 9.20 $ 4.40 $ 0.72 The following additional information is available:   The company’s plant has a capacity of 84,160 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $12 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $640,000 per year. Variable overhead costs are $3 per direct labor-hour.…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 54,000 $ 23.00 $ 4.70 $ 5.40 Trish 46,000 $ 5.00 $ 1.50 $ 1.80 Sarah 39,000 $ 30.00 $ 7.04 $ 8.10 Mike 30,000 $ 14.00 $ 2.40 $ 6.30 Sewing kit 329,000 $ 8.40 $ 3.60 $ 1.35 The following additional information is available: The company’s plant has a capacity of 136,550 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $9 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $560,000 per year. Variable overhead costs are $3 per direct labor-hour.…
The Walton Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 70,000 $38.00 $4.70 $3.50 Trish 62,000 $ 4.60 $1.60 $1.00 Sarah 55,000 $31.00 $9.44 $6.50 Mike 48,000 $14.00 $4.00 $4.50 Sewing kit 345,000 $ 10.00 $5.20 $0.50 The following additional information is available: The company’s plant has a capacity of 94,500 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $10 per hour is expected to remain unchanged during the coming year. Fixed costs total $585,000 per year. Variable overhead costs are $3 per direct labor-hour. All of the company's…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is Increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Selling Next year Price (units) per Unit $ 26.00 $ 7.50 $ 41.50 $ 11.00 $ 8.80 Demand Direct Direct Product Materials Labor $ 2.10 $ 8.78 $ 3.90 $ 2.70 $ 8.48 Debbie 58,000 5e, 000 43,000 $5.10 Trish $1.90 Sarah $7.64 Mike 48, 000 $2.80 Sewing kit 333,000 $4.00 The following additional Informatlon is avallable: a. The company's plant has a capacity of 92,190 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $6 per hour is expected to remaln unchanged during the coming year. C. FIxed manufacturing costs total $600,000 per year. Varlable overhead costs are $3 per direct labor-hour. d. All of the…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product Debbie Trish Sarah Mike Sewing kit Demand Next year (units) 63,000 55,000 48,000 Selling Price per Unit $ 21.00 $7.50 $36.50 $ 16.00 $ 9.30 48,000 338,000 The following additional information is available: Direct Materials $ 5.60 $ 2.40 $ 8.39 $ 3.30 $4.50 Direct Labor $ 4.20 $1.44 $ 7.80 $ 5.40 $ 0.84 a. The company's plant has a capacity of 94,310 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $650,000 per year. Variable overhead costs are $4 per direct labor-hour. d. All of the…
I am looking for help with question 4 and 5. The Walton Toy Company manufactures a line of dolls and a doll dress sewing kit. Demand for the dolls is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product DemandNext year(units) SellingPriceper Unit DirectMaterials DirectLabor Debbie 70,000 $38.00 $4.70 $3.50 Trish 62,000 $ 4.60 $1.60 $1.00 Sarah 55,000 $31.00 $9.44 $6.50 Mike 48,000 $14.00 $4.00 $4.50 Sewing kit 345,000 $ 10.00 $5.20 $0.50 The following additional information is available: The company’s plant has a capacity of 94,500 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $10 per hour is expected to remain unchanged during the coming year. Fixed costs total $585,000 per year. Variable overhead costs are $3 per…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product Demand Next year (units) Selling Price per Unit Direct Materials Direct Labor Debbie 73,000 $ 25.00 $ 5.00 $ 3.50 Trish 65,000 $ 6.00 $ 1.90 $ 1.05 Sarah 58,000 $ 32.50 $ 9.89 $ 5.60 Mike 37,000 $ 16.00 $ 4.30 $ 4.20 Sewing kit 348,000 $ 10.30 $ 5.50 $ 0.70 The following additional information is available: The company’s plant has a capacity of 138,550 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $7 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $615,000 per year. Variable overhead costs are $2 per direct…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company’s products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Product Demand Next year (units) Selling Price per Unit Direct Materials Direct Labor Debbie 66,000 $ 37.00 $ 4.30 $ 3.50 Trish 58,000 $ 5.00 $ 1.20 $ 0.84 Sarah 51,000 $ 35.50 $ 8.84 $ 5.60 Mike 37,000 $ 15.00 $ 3.60 $ 4.20 Sewing kit 341,000 $ 9.60 $ 4.80 $ 0.49 The following additional information is available: The company’s plant has a capacity of 115,730 direct labor-hours per year on a single-shift basis. The company’s present employees and equipment can produce all five products. The direct labor rate of $7 per hour is expected to remain unchanged during the coming year. Fixed manufacturing costs total $545,000 per year. Variable overhead costs are $3 per direct…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Demand Selling Price Next year Direct Direct (units) per Unit Materials $20.50 $ 7.00 Product Labor $5.50 $2.30 $8.24 $3.20 $4.40 $ 3.60 $ 1.32 $ 7.20 $ 4.80 $ 0.72 Debbie 62,000 54,000 47,000 56,000 337,000 $ 9.20 Trish Sarah $34.00 Mike $15.00 Sewing kit The following additional information is available: a. The company's plant has a capacity of 84,160 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $12 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $640,000 per year. Variable overhead costs are $3 per direct labor-hour. d. All of the company's…
The Walton Toy Company manufactures a line of dolls and a sewing kit. Demand for the company's products is increasing, and management requests assistance from you in determining an economical sales and production mix for the coming year. The company has provided the following data: Selling Price per Demand Next Direct Product year (units) 64,000 56,000 49,000 Unit Materials Direct Labor $ 22.00 $ 8.00 $ 38.50 $ 13.00 $ 9.40 $ 4.10 $ 2.50 $ 8.54 $ 3.40 $ 4.60 $ 3.20 $ 1.04 $ 5.60 $ 4.00 $ 0.64 Debbie Trish Sarah Mike 45,600 Sewing kit 339,000 The following additional information is available: a. The company's plant has a capacity of 105,700 direct labor-hours per year on a single-shift basis. The company's present employees and equipment can produce all five products. b. The direct labor rate of $8 per hour is expected to remain unchanged during the coming year. c. Fixed manufacturing costs total $525,000 per year. Variable overhead costs are $5 per direct labor-hour. d. All of the…