Sharpens Incorporated produces knife sets for use in commercial kitchens. They sell for $400.00 each.
. Consider participating in the discussion by simplifying a classmate s expression, showing how the expression would be incorrectly simplified if computed from left to right, or challenging the class with a complicated expression. Respond to your initial post and provide your classmates with the answer to your expression.
August 15, 2017Research Wal-Mart 10-K reports and Annual Reports with other material, 2009 to present. Explain and analyze the following questions:
August 15, 2017Sharpens Incorporated produces knife sets for use in commercial kitchens. They sell for $400.00 each.
Sharpens Incorporated produces knife sets for use in commercial kitchens. They sell for $400.00 each.
Selected data for the company’s operations last year follow below.
Units in beginning inventory 0
Units produced 3000
Units sold 2500
Units in ending inventory 500
Variable cost per unit
Direct materials $120.00
Direct labor 80
Variable manufacturing overhead 40
Variable selling and administrative 20
Fixed costs
Fixed manufacturing overhead $ 300,000
Fixed selling and administrative $ 200,000
a. Assume that the company uses variable costing, compute the unit cost for one knife set? (Show all work)
b. Assuming that the company uses absorption costing, compute the unit cost for one knife set. (Please show all work so I am able to learn this stuff)
