Academic Integrity: tutoring, explanations, and feedback — we don’t complete graded work or submit on a student’s behalf.

Thermal Rising, Inc., makes paragliders for sale through specialty sporting good

ID: 2476128 • Letter: T

Question

Thermal Rising, Inc., makes paragliders for sale through specialty sporting goods stores. The company I has a standard paraglider model, but also makes custom-designed paragliders. Managementiasi designed an activity-based costing system with the following activity cost pools and activity rates: Bm Management would like an analysis of the profitability of a particular customer Big Sky Outfitters, which has ordered the following products over the last 12 months: The company's direct labor rate is $18 per hour. Required: Using the company's activity-based costing system, compute the customer margin of Big Sky Outfitters. (Do not round intermediate calculations.)

Explanation / Answer

Computation of Customer's Margin

Standard Model

Custom Design

No of Gliders

                            10

                            3

Selling Price

                      1,725

                    2,320

Sales

                   17,250

                    6,960

Direct material

                      4,420

                    1,716

Direct labour cost

                      5,310

                    1,782

Supporting Labour Cost

                      5,310

                    1,782

Ordering Cost

                         192

                     576

Custom Desigining Processing

                             -  

                       756

Customer Service Cost

                         215

                       215

Total Cost

                   15,447

                    6,827

Customer's Margin

                      1,803

                       133

Total customer’s Margin=1,803 + 133= 1,936

*Direct Material= Direct Material Cost per Glider X No of Gliders

*Direct Labour Cost= No of Gliders x Direct labour hours per Glider x direct labor hour rate

*Supporting Labour Cost = No of Gliders x Direct labour hours per Glider x direct labor hour rate

*Ordering Cost= No of orders x cost per order

*Custome designing processing=No of custom design x Cost per design

*Customer service is divided between standard and custom as we have only one customer

Computation of Customer's Margin

Standard Model

Custom Design

No of Gliders

                            10

                            3

Selling Price

                      1,725

                    2,320

Sales

                   17,250

                    6,960

Direct material

                      4,420

                    1,716

Direct labour cost

                      5,310

                    1,782

Supporting Labour Cost

                      5,310

                    1,782

Ordering Cost

                         192

                     576

Custom Desigining Processing

                             -  

                       756

Customer Service Cost

                         215

                       215

Total Cost

                   15,447

                    6,827

Customer's Margin

                      1,803

                       133

Hire Me For All Your Tutoring Needs
Integrity-first tutoring: clear explanations, guidance, and feedback.
Drop an Email at
drjack9650@gmail.com
Chat Now And Get Quote