Alpine manufacturing product ski equipment solve this general accounting Alpine Manufacturing produces ski equipment. Costs forMarch were as follows:⚫ Indirect labour: $15,000•⚫ Direct materials: $42,000•⚫ Administrative salaries: $16,000•⚫ Indirect materials: $7,000⚫ Property taxes on factory: $22,000. Direct labour: $38,000⚫ Sales commissions: $12,000•. Interest expense: $19,000⚫ Factory equipment insurance: $14,000Calculate Alpine Manufacturing's actual manufacturingoverhead for March.

Step 1: Definition of Manufacturing OverheadManufacturing overhead includes all indirect costs…

Answered: Alpine Manufacturing produces ski…

Survey of Accounting (Accounting I)

8th Edition

ISBN:9781305961883

Author:Carl Warren

Publisher:Carl Warren

Chapter11: Cost-volume-profit Analysis

Section: Chapter Questions

Problem 4CDQ: How would each of the following costs be classified if units produced is the activity base? a....

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Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $20,000 $15,000 Direct labor $12,000 $24,000 The company's overhead costs of $108,000 are allocated based on direct labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What is the cost per unit for product B? (Do not round your intermediate calculations.)
Calculate the product costs.
Cost?
Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $510 each. Costs 1. Plastic for casing—$17,000 2. Wages of assembly workers—$86,000 3. Property taxes on factory—$6,000 4. Accounting staff salaries—$36,000 5. Drum stands (1,000 stands purchased)—$31,000 6. Rent cost of equipment for sales staff—$48,000 7. Upper management salaries—$170,000 8. Annual flat fee for factory maintenance service—$13,000 9. Sales commissions—$20 per unit 10. Machinery depreciation, straight-line—$45,000 2. Compute the manufacturing cost per drum set. TrueBeat Calculation of Manufacturing Cost per Drum Set Item Total cost Per unit cost Variable production costs Total variable production costs Fixed production costs Total fixed production costs Total production cost
Listed here are the total costs associated with the production of 1,000 drum sets manufactured by TrueBeat. The drum sets sell for $510 each. Costs 1. Plastic for casing—$17,000 2. Wages of assembly workers—$86,000 3. Property taxes on factory—$6,000 4. Accounting staff salaries—$36,000 5. Drum stands (1,000 stands purchased)—$31,000 6. Rent cost of equipment for sales staff—$48,000 7. Upper management salaries—$170,000 8. Annual flat fee for factory maintenance service—$13,000 9. Sales commissions—$20 per unit 10. Machinery depreciation, straight-line—$45,000 Required:1. Classify each cost and its amount as (a) either variable or fixed and (b) either product or period. (The first cost is completed as an example.) Cost by Behavior Cost by Function Costs Variable Fixed Product Period 1. Plastic for casing $17,000 $17,000 2. Wages of assembly workers 3. Property taxes on factory 4. Accounting…
Example Ltd is a manufacturer. It produced 2,000 units in April. The following cost information is available: Advertising costs: $6,000 per month Depreciation on factory equipment: $3,000 per month Factory supervisor salary: $20,000 per month Metal used in the product: $10 per unit Research and development: $8,000 per month Wages of manufacturing equipment operators: $8 per unit Assume any materials used in production is direct material. What is the total conversion costs for Example Ltd in April? 39,000 36,000 20,000 14,000
San Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent: Direct materials $8,400 Direct labor 11,250 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell San Clemente the subcomponent for $2.85 a unit. If San Clemente accepts the offer, by how much will net income increase (decrease)?
LMN Corp incurred the following costs during the production of 1,000 units of a product: - Direct materials used: $40,000 Direct labor cost: $30,000 - Variable manufacturing overhead: $10,000 Fixed manufacturing overhead: $15,000 Calculate the total product cost per unit, considering both variable and fixed costs. a) $40 b) $45 c) $50 d) $55
ABC, Inc. has the following information available regarding costs at various levels of monthly production: Production volume 8,000 12,000 Direct materials $75,000 $70,000 Direct labor 56,000 80,000 Packaging materials 22,000 30,000 Supervisors' salaries 14,000 14,000 Depreciation on plant and equipment 11,000 11,000 Maintenance 31,000 45,000 Utilities 15,000 21,000 Insurance on plant and equipment 2,600 2,600 Property taxes on plant and equipment…
Smoky Mountain Corporation makes two types of hiking boots-Xtreme and Pathfinder. Data concerning these two product lines appear below: Selling price per unit Direct materials per unit. Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Estimated total manufacturing overhead Estimated total direct labor-hours Xtreme $ 120.00 $65.20 $11.20 Activities and (Activity Measures) Supporting direct labor (direct labor-hours) 1.4 DLHS 30,000 units The company has a traditional costing system that applies manufacturing overhead to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Pathfinder $ 87.00 $ 51.00 $8.00 1.0 DLH 65,000 units $ 2,033,000 107.000 DLHS Required: 1. Compute the product margins for Xtreme and Pathfinder under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an activity-based costing system…
Webber fabricating estimated the following solve this question ❓
Swift Co. produces footballs. It incurred the following costs this year: Direct materials $40,000 Direct labor 31,000 22,000 Fixed manufacturing overhead 38,000 Variable manufacturing overhead 23,000 Fixed selling and administrative expenses 14,000 Variable selling and administrative expenses What are the total product costs for the company under absorption costing? Total product costs under absorption costing

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