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is cengageNowv2[Online × Accounting question ICX -> d v2.cengagenow.com/im/takeA

ID: 2595449 • Letter: I

Question

is cengageNowv2[Online × Accounting question ICX -> d v2.cengagenow.com/im/takeAssignment/takeAssignmentMain.do?invoker=assignments&t; n Locator= assignment-take&inprogress-false; Chapter 10 Assignment Print Item Accepting Business at a Special Price Forever Reedy Company expects to operate et 85% of product ve capacity during July, The total m nufacturing costs for July for the production of 31.450 bette es ne budgeted 85 follows Direct materials Direct labor Variable factory overhead Fixed factory owerhead Total manufacturing costs The compamy hes an opportunity to submit a bid for 2.000 batteries to be delivered by July 31 to agovernment agency. If the contract is obtained. it is anticipeted that the additional activity will not interfere with normal production during July or increase the selling or administrative expenses what is the unit cost belaw which Forever Ready Company should not go in bidding on the government contract? Round your answer to two decimal places 5280,200 103,000 28,795 5469,995 Check My Work 2 more Cheok My Work uses remaining. Previous Next ssignment Score: 17.90% All work saved. save and Exit Submit Assignment for Grading O Type here to search 3:19 PM 12/12/2017

Explanation / Answer

Calculate bid price per unit :

so Bid price is $13.10 per unit

Direct material 280200 Direct labour 103000 Variable overhead 28795 Total cost 411995 Total unit 31450 Unit cost 13.10