21. Materialistic Corporation manufactures drones. For each unit, $3,000 of direct material is used and...

50.1K

Verified Solution

Question

Accounting

image
image
21. Materialistic Corporation manufactures drones. For each unit, $3,000 of direct material is used and there is $25,000 of direct manufacturing labor at $10 per hour. Manufacturing overhead is applied at $15 per direct manufacturing labor hour. Calculate the profit earned on 50 units if each unit sells for $10,000. 22. Assume the following cost information for Gouda Company: Selling price: $100 per unit Variable costs: $40 per unit Total fixed costs: $20,000 Tax rate: 21% What is the number of units that must be sold to eam an after-tax net income of $50,000? (DO not round interim calculations and round the final answer to the nearest unit.)

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students