Kallapur company manufactures two products: kap1, which sells for $120; and quin, which sells for $220. estimated cost and production data for the current year are as follows.

Answers

Answer 1

The question is incomplete. The complete question is :

Kallapur company manufactures two products: KAP1, which sells for $120; and QUIN, which sells for $220. estimated cost and production data for the current year are as follows :

                                                               KAP1              QUIN

Direct materials cost                             $ 30               $ 45

Direct labor cost (at rate $ 12/hr)          $ 24                $ 60

Estimated production (units)              25,000             15,000

In addition, fixed manufacturing overhead is estimated to be $ 2,000,000 and variable overhead is estimated to equal $ 3 per direct labor hour. Kallapur desires a 15 percent return on sales for all of its products.

Calculate the target cost for both KAP1 and QUIN.

Solution :

It is given that Kallapur company manufactures two products namely KAP1 and QUIN.

Selling cost of KAP1 = $ 120

Selling cost of QUIN = $ 220

∴ [tex]$\text{Target cost = target price - target profit}$[/tex]

Target cost of KAP1

Target price = $ 120

Target profit = $ 120 x 0.15

                     = $ 18

So, [tex]$\text{target cost = target price - target profit}$[/tex]

                        = 120 - 18

                       = $ 102

Target cost of QUIN

Target price = $ 220

Target profit = $ 220 x 0.15

                     = $ 33

So, [tex]$\text{target cost = target price - target profit}$[/tex]

                        = 220 - 33

                       = $ 187


Related Questions

1. A metal box of weigh 20 N rests on its 1 m by 0.6m side on floor. How
much is the pressure exerted by the metal box on the floor? Take g=
10 m/s?
C.​

Answers

answer:

explanation: Pressure = force / area

P = 20/ 1×0.6

P = 20/0.6

P = 33,33 N/m^2

The pressure exerted by metal box on the floor is 33.34  [tex]N/m^{2}[/tex]

Pressure is defined as force per unit area.

     [tex]Pressure=\frac{Force}{Area}=\frac{F}{A}[/tex]

Force,[tex]F=20N[/tex]  and  Area [tex]A=0.6*1=0.6m^{2}[/tex]

  Pressure = [tex]\frac{20}{0.6}=33.34N/m^{2}[/tex]

Therefore, Pressure exerted by metal box on the floor is 33.34  [tex]N/m^{2}[/tex]

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I want YOUR HONEST OPINION. Imagine that you have been approved to participate in a cooperative education program. In two or three sentences, indicate where you would like to work and describe what you hope to learn from your job placement there. Be sure to include three to five specific examples of what you would hope to learn.

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Answer:

find it so answer is right

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the opposite of always is

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A) an overload
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C) a ground-fault
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Answers

Answer:

A.an overload circuit

Explanation:

i hope that help

Warren peace bookstore issues a note with no stated interest rate in exchange for a building. in accounting for the transaction:

Answers

Answer:

the options are missing, so I looked for them.  

the options are:

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The correct answer is:

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Answers

Explanation:

LIFO stands for “Last-In, First-Out”. It is a method used for cost flow assumption purposes in the cost of goods sold calculation. The LIFO method assumes that the most recent products added to a company's inventory have been sold first. The costs paid for those recent products are the ones used in the calculation.

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Answers

Answer:

Credit sales are typically of shorter duration and installment sales spread payments out over longer periods of time

Explanation:

please mark my answer as brainlist

Answer:

Explanation: An installment agreement requires the buyer of real estate to pay the seller the purchase price in installments over time; the buyer takes immediate possession of the property but the seller retains legal title as security until the buyer pays in full. An installment agreement can be a low-cost, flexible alternative to a traditional mortgage loan.

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Answers

Explanation:

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hope this helped :)

What do taxes pay for? a. Schools, government departments, roads, and emergency services
b. Privately-owned businesses
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d. None of the above​

Answers

A

Because thats what the government gets in order to pay for everything we have that is for the Public

Taxes are payed for the development of schools, government departments, roads and emergency services. They are payed by the citizens of a country.

What are taxes ?

A tax is defined as payments or charge of money on the tax payers. They are the levy imposed by the government on its citizens to fund development projects and government schemes for its people.

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It is the main source of revenue for the government.

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1. Which of the following is the money or other resources needed to pay for a part or
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Answer:

A. Investment

Explanation:

The money that you need to pay to purchase and acquire a part of a company is an investment. This investment can be used, for example, to buy stock. A stock is a title of ownership of a company for the percentage of the company that the stock represents. If I own 100 stocks that represent 1% of a company, then, I own 1% of that company. In other words, my investment (my money) is worth 1% of said company.

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Answers

Im pretty sure its 2) Fixtures

Sorry if its wrong

Answer:

On EDGE it's A. Fixtures

Explanation:

The answers are listed wrong here for the edge question but it is fixtures for either.

Select the correct answer.
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Answer:

lost benefits of other opportunities

Explanation:

Answer: lost benefits of other opportunities

Explanation:

Describe the poverty trends in India for the period 1993 to 2012.

Answers

Answer:

There was a substantial decrease in poverty in India from about 55% in 1973 to 36% in 1993.

The proportion of people below the poverty line further came down to about 26% in 2000.

If the current trend continues then people below poverty line may come below 20% in the next few years.

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The latest estimate indicates a significant reduction in the number of poor to about 260 million.

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Answers

Answer:

(b) Social, and economic dimension

Explanation:

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Answers

Answer:

wow

Explanation:

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Answers

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Answers

Answer:

losing money

Explanation:

Helps save you from the out of pocket expense if something bad were to happen.

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Adams Manufacturing allocates overhead to production on the basis of direct labor costs. At the beginning of the year, Adams estimated total overhead of
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Answers

Answer:

150%

Explanation:

Computation of the predetermined overhead rate

Using this formula

Predetermined overhead rate=Estimated overhead/Estimated direct labor cost

Let plug in the formula

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Predetermined overhead rate=1.5*100

Predetermined overhead rate=150%

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Answers

Answer:

bear

Explanation:

Answer:

bear

Explanation:

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Answers

Answer:

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Therefore the same would be considered

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Answers

Answer:

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Answer:

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selling at trade shows
sending out mailings in small towns
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Answers

Answer:

C.) advertising nationally

Explanation:

This is the correct answer. The person above may only have a 3-star rating, but they are correct.

The correct answer is C.) advertising nationally This is the correct answer.  when The person above may only have a 3-star rating, also but they are correct.When National advertising is any advertising that is placed by a company, organization, or individual that is operated on a national or regional (multi-state) basis.

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A local bank’s advertising reads: "Give us $50,000 today, and we’ll pay you $800 every year forever." If you plan to live forever, what annual interest rate will you earn on your deposit?1.92%1.60%2.56%2.24%

Answers

Answer:

The correct response is Option b (1.60%).

Explanation:

According to the question,

Initial investment,

= $50,000

Perpetual annual cash flows,

= $800

Now,

The interest rate will be:

= [tex]\frac{Perpetual \ annul \ cash \ flows}{Initial \ investment}[/tex]

On substituting the given values, we get

= [tex]\frac{800}{50,000}[/tex]

= [tex]0.016[/tex]

i.e.,

= [tex]1.60 \ percent[/tex]

Why do you think that it costs 20% more to feed one person alone than one person in a family?

Answers

Answer:

★ Sometimes if you buy things that are bulky it's cheaper, while making also bigger meals that you share amoungst people

Explanation:

Hope you have a great day :)

What is one way in which bonds do not generate income for investors?


Bonds appreciate in value.
Bonds pay interest.
Bonds pay a specified amount at maturity.
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Answers

Answer:

D. Bonds pay dividends

Explanation:

Just finished the test :)

The way in which bonds do not generate income for investors is that Bonds pay dividends.

What is a bond?

A bond is known to be a kind of loan that is often obtained from any investor.

The borrower who is said to borrow he money often uses it for different kinds of purpose and the investor receives interest in form of dividend.

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Which best lists the qualifications common to someone working in Facility and Mobile Equipment Maintenance?

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C)constantly watching for hazards, ability to deal with delays, work long hours and travel, and responsibility for others
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Answers

Answer:

A). Knowledge of engines, identifying and fixing problems, customer service skills, and the ability to use tools and technical equipment.

Explanation:

Facility and Mobile Equipment maintenance services primarily deal with the maintenance, mending, and servicing of the transportation expertise for cars or aircraft. Thus, the individuals working with such a company would possess a very deep and precise knowledge of the engines which assists them in upkeeping the machines without any flaw. They also deal with repairing and thus, they also possess the ability to identify and fix the problems which hinder the machine to work smoothly. Customer service skills are a must as then only they could interact with the customer to discuss the problems occurring in their machines and provide quality assistance to them. Proficiency in the use of tools and equipment aids them to fix the technical errors of aircraft or cars. Thus, option A is the correct answer.

Answer:

a

Explanation:

just did the question

What is the role of the third part in mediation?
A. Adversary
B.Advocate
C.Friend
D.Facilitator

Answers

Answer:

b

Explanation:

Answer:

facilitator

Explanation:

Which of the following is a good inventory storage practice?
O A.
first in, first out
OB. first in, last out
OC. last in, first out
OD.
last in, last out

Answers

Answer:

B.

Explanation:

B. First in First out is good I guess

Answer:

option A: first in, first out

Explanation:

i just answered it myself, and it was the correct answer.

Preliminary interviews are only required for the highest paying positions.

True or False?

Answers

False, because there’s lots that r like that
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