can anyone tell me the answer of 5 question asap please ? on Costs we allocated)

Question

can anyone tell me the answer of 5 question asap please ?

on Costs we allocated), 25,000 units in F/G Costs and the end of the period, Pw had 50% of Conversion Costs we allocated), and 1 10,000 units in WIP-Fabrication 50% of Materi costs an 15,000 units in WIP-Assembly (25% MaterialCostsand 1 15,000 units in F/G of Conversion Costs we al 0,000 units in r30% of Conversion Costs we of Conversion costs we allocated), and During the period, PW started 155,000 units in Fabricatio in Fabrication and sold 345 Required - Show the units flow from WIP-Fabrication to C for the P for WIP-Fabrication, show the coGs methoded, costs transferred out, and costs transferred out, and Based on equivalent units and the weighted average mets added, C detail break down of its valuation (opening balance, co closing balance). Worth 5 marks 's 2018 Budget: 5) The following information is from Blah Engineering Company Billable Engineering Hours Engineering Salaries Support Team Salaries Office Rent General Administration 55,000 hrs $825,000 $250,000 $50,000 $30,000 Blah allocates all of its costs based on Blah's goal for the year is to make a profit of 25% for the year. Billable Engineering Hours. Assume all costs are fixed. Near the end of 2018, Blah is offer a job that it expects will take them 500 engineering hours to complete. The customer is only willing to pay $13,000 for the job Required - Based on Blah's profit target, should it take the job. Explain your answers with proper calculations for both cost allocation and profitability. Worth 3 Marks TWO BONUS MARKS-would your answer to #5 change if Blah management expects that itwill underachieve to it expected Billable Engineering Hours- recording only 50,000 rather than the budgeted 55,000 hours (idle capacity)?

Explanation / Answer

Offer should not be accepted as Minimum bill amount shoud be $13,125 where as client is onnly offering $13,000.

if blah's management is except that there will be 5000 idle hours then offer should be accepted as fixed cost is sunk cost and will not be considered for the given proposal if they have idle capacity.

Engineering salaries $          8,25,000 Support team salaries $          2,50,000 officce rent $              50,000 general administration $              30,000 Total Fixed cost $        11,55,000 Required profit $          2,88,750 Total billable amount $        14,43,750 Billable hours                  55,000 Per Hour $ 26

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