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Nov 24, 2024
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The estimated total manufacturing overhead is closest to: Multiple Choice $190,000 $285.000 $475,000 $285,004 O @ O O
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Related Questions
2Given the following data, calculate the total product cost per unit under variable costing.
Direct labor
S3.50 per unit
Direct materials
S1.25 per unit
Overhead
Total variable overhead
$41,400
Total fixed overhead
$150,000
Expected units to be produced
18,000 units
a.$4.75 per unit
b.S7.05 per unit
C.$15.38 per unit
d.$13.08 per unit
e.$16 per unit
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Cost Accounting Answer Please
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How can I do this problem?
Required: Calculate the cost per equivalent unit for materials, labor and manufacturing overhead and in total
Cost per equivalent unit-Weighted-Average Method
Material
Labor
Overhead
Working in process, May 1….
$18,000
$5,500
$27,500
Cost Added during May
238,900
$80,300
$401,500
Equivalent units of production
35,000
33,000
33,000
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A corporation's cost data is:
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
Fixed selling and administrative expense
What is the amount of product costs, if 4,000 units are produced?
Multiple Choice
O
O
O
O
$57,200
$8,800
$44,400
$53,200
Cost per Cost per
Unit Period
$ 6.00
$ 3.35
$ 1.75
$
1.00
$ 0.40
$ 8,800
$ 4,000
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Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
Fixed selling and administrative expense
Cost per Unit
$ 5.00
$ 2.90
$ 1.25
$1.00
$ 0.55
Cost per Period
$21,000
$7,500
If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:
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Ans
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Identify the semi-variable costs: 10,000 units 18,000 units Materials $15,000 $27,000Labour $13,000 $19,400Rent $11,500 $11,500Selling overheads $30,000 $46,000
Question 2 options:
1)
materials and labour
2)
labour and rent
3)
rent and selling overheads
4)
labour and selling overheads
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Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Total manufacturing overhead
Variable selling expense
Fixed selling expense
Total selling expense
Variable administrative expense
Fixed administrative expense
Total administrative expense
What is the total conversion cost?
Multiple Choice
O
O
O
$106,000
$74,000
$97,000
$49,000
$ 12,000
25,000
$ 15,000
20,000
$ 8,000
12,000
$70,000
$ 37,000
$ 37,000
$ 35,000
$ 20,000
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ing information:
Cost per
Cost per
Unit
Period
Direct materials
$ 4.80
$ 3.80
$ 1.50
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
$ 10,800
Sales commissions
$ 1.80
$ 0.60
Variable administrative expense
Fixed selling and administrative expense
$ 6,800
If 4,000 units are sold, the total variable cost is closest to:
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cost account solution want asap
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Need help with this question
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need help this questions
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Price per
Quantity
Standard per unit
quantity
Direct Material (wood pulp)
1.5 lbs $0.50
$0.75
Direct labor
0.5 LH $18.00 $9.00
Variable manufacturing
overhead**
2 MH* $1.00
$2.00
Total cost per unit
*LH = labor hours; MH = machine
hours
**variable overhead is applied based on machine
hours
Actual manufacturing data
Actual production 6,000
units
$11.75
8,900 lbs of material costing $4,895 was purchased and used
3,200 direct labor hours were worked for a total cost of $57,920
11,800 machine hours were logged and total variable overhead was
$14,750
What is the total direct labor variance?
$52,520U
$3,920F
$52,520F
○ $3,920U
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Schwiesow Corporation has provided the following information:
Direct materials
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Multiple Choice
O
$14,750
Variable administrative expense
Fixed selling and administrative expense
If 4,500 units are produced, the total amount of manufacturing overhead cost is closest to:
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Need answer
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Need help with this question
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Provide answer the question
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Urban Company reports the following information regarding its production cost:
Units produced
Direct labor
30,000 units
$ 23 per unit
Direct materials
Variable overhead
Fixed overhead
$ 28 per unit
$ 11 per unit
$ 120,000 in total
Compute product cost per unit under variable costing.
Multiple Choice
О $51.00
О
$55.00
○ $62.00
O
О
$28.00
$23.00
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Urban Company reports the following information regarding its production cost:
Units produced
Direct labor
Direct materials
Variable overhead
Fixed overhead
Compute product cost per unit under variable costing.
Multiple Choice
O
$24.00
$47.46
$54.00
26,000 units
$ 19 per unit
$ 24 per unit
$ 11 per unit
$ 116,000 in total
$19.00
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EXERCISE 1
XYZ Company has identified the following overhead activities, costs, and activity drivers for the
coming year:
Activity
Expected Cost
Activity Driver
Activity Capacity
$45,000
80,000
15,000
30,000
50,000
Number of moves
Material-handling costs..
Machine costs...
450
Machine hours..
Number of orders.
Number of parts..
Number of setups..
20,000
Order costs..
750
Receiving costs..
Setup costs..
50,000
250
Assume that each activity corresponds to a process. XYZ's normal activity is 5,000 direct labor
hours. The following two jobs were completed during March:
Job X-1
Job Y-4
$1,500
$750
Direct materials
$2,000
$750
Direct labor ($15 per hour)...
Units completed...
Number of moves.
Machine hours..
Number of orders.
Number of parts.
Number of setups..
200
200
3
6
125
75
3
12
200
800
1
4
Required:
1. Determine the unit cost for each job using direct labor hours to apply overhead.
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Given the following data, calculate product cost per unit under absorption costing.
Direct labor
Direct materials
Variable overhead
Fixed overhead
Units produced per year
Multiple Choice
$28.00 per unit
$28.60 per unit
$30.00 per unit
$30.90 per unit
$ 17.00 per unit
$ 11.00 per unit
$ 0.90 per unit
$ 100,000
50,000 units
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2
kipped
Tirri Corporation has provided the following information:
Direct materials.
Direct labor
Variable manufacturing overhead
Fixed manufacturing overhead
Sales commissions
Variable administrative expense
Fixed selling and administrative expense
Multiple Choice
O
$13.35
Help
If the selling price is $28.20 per unit, the contribution margin per unit sold is
closest to:
$8.15
$16.70
$10.05
Save & Exit
Submit
Cost per Uni
$ 7.55
$ 3.95
$ 1.60
$ 1.10
$ 0.65
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Can you help me with accounting questions
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Related Questions
- 2Given the following data, calculate the total product cost per unit under variable costing. Direct labor S3.50 per unit Direct materials S1.25 per unit Overhead Total variable overhead $41,400 Total fixed overhead $150,000 Expected units to be produced 18,000 units a.$4.75 per unit b.S7.05 per unit C.$15.38 per unit d.$13.08 per unit e.$16 per unitarrow_forwardCost Accounting Answer Pleasearrow_forwardHow can I do this problem? Required: Calculate the cost per equivalent unit for materials, labor and manufacturing overhead and in total Cost per equivalent unit-Weighted-Average Method Material Labor Overhead Working in process, May 1…. $18,000 $5,500 $27,500 Cost Added during May 238,900 $80,300 $401,500 Equivalent units of production 35,000 33,000 33,000arrow_forward
- A corporation's cost data is: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense What is the amount of product costs, if 4,000 units are produced? Multiple Choice O O O O $57,200 $8,800 $44,400 $53,200 Cost per Cost per Unit Period $ 6.00 $ 3.35 $ 1.75 $ 1.00 $ 0.40 $ 8,800 $ 4,000arrow_forwardDirect materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit $ 5.00 $ 2.90 $ 1.25 $1.00 $ 0.55 Cost per Period $21,000 $7,500 If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to:arrow_forwardAnsarrow_forward
- Identify the semi-variable costs: 10,000 units 18,000 units Materials $15,000 $27,000Labour $13,000 $19,400Rent $11,500 $11,500Selling overheads $30,000 $46,000 Question 2 options: 1) materials and labour 2) labour and rent 3) rent and selling overheads 4) labour and selling overheadsarrow_forwardDirect materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Total manufacturing overhead Variable selling expense Fixed selling expense Total selling expense Variable administrative expense Fixed administrative expense Total administrative expense What is the total conversion cost? Multiple Choice O O O $106,000 $74,000 $97,000 $49,000 $ 12,000 25,000 $ 15,000 20,000 $ 8,000 12,000 $70,000 $ 37,000 $ 37,000 $ 35,000 $ 20,000arrow_forwarding information: Cost per Cost per Unit Period Direct materials $ 4.80 $ 3.80 $ 1.50 Direct labor Variable manufacturing overhead Fixed manufacturing overhead $ 10,800 Sales commissions $ 1.80 $ 0.60 Variable administrative expense Fixed selling and administrative expense $ 6,800 If 4,000 units are sold, the total variable cost is closest to:arrow_forward
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