Direct Materials 24,000 Direct Labor 36,800 Sales Salaries 19,200 Indirect Labor 4,800 Production Manager Salary 9,600 Marketing Cost 14,400 Factory Lease 6,400. What is Robin's Total Manufacturing Cost What are Robin's total manufacturing costs? a.60,600 b.23,800 c.60,800 d.84,600
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- The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 8. Direct manufacturing labor Variable manufacturing overhead 10 Fixed manufacturing overhead 23 15 Sales commissions (2% of sales) Administrative salaries 9 Total $105 What are the variable costs per unit associated with Product ORD203? Select one: a. $82 b. $60 C. $73 d. $105 22°CMuscat Sayarati Co. uses a job-order costing system with a single plantwide predetermined overhead rate based on labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $525,000, variable manufacturing overhead of $6.00 per labor-hour, and 35,000 labor-hours. The job sheet of Job G828 shows that the number of units in this job order is 45 units which incurred total of 90 labor-hours. This job consumed $14/unit of direct materials cost and $64/unit of direct labor costs. What would be the total cost for Job G828 approximately? a. None of the given answers. O b. $4,455 O c. $4,860 d. $5,400 e. $4,185II. Wongtien Electronics Corp. in Hong Kong, SAR, China, manufactures tablets, laptops and desktop PCs. Wongtien currently operates a standard absorption costing system. Budgeted information for next year is given below (currency in one thousand Hong Kong Dollars, HK$000): Desktop PCs 9,880 2,200 800 Products Sales revenue Tablets 3,640 800 300 Laptops 12,480 2,800 Total 26,000 5,800 2,300 Direct material Direct labor Fixed production overheads 1,456 1,084 4.992 3.488 3,952 2,928 10,400 7,500 Gross profit Fixed production overheads are currently absorbed based on a percentage of sales revenue. Wongtien is considering changing to an activity-based costing system. The main activities and their associated cost drivers and overhead cost have been identified as follows: Cost driver Production overhead cost Activity Manufacturing scheduling wNumber of orders Parts handling Assembly Software installation and testing Packaging 162 Number of parts Assembly time wNumber of software applications…
- Answer the question Question 4 Company C makes and sells three types of products for which the following information is available: Standard cost and selling prices per unit: 'X' 'Y' 'Z' (RM) Product type (RM) (RM) Direct material 110 153 Direct labour department 140 Direct labour department 22d. Variable overheads Selling price 55 70 www 32 44 www 20 28 250 320 458 Fixed costs for the period are RM400,000. Direct labour from department 2, which is highly skilled, is available for 25,000 hours only in a period and is paid RM8 per hour. Both, direct labour from departments 1 and 2 are variable costs. The maximum demand for the product is: 'Z' 2,000 units 3,000 units 1,800 units 'X' 'Y' Required: (a) Calculate the shortage in hours of direct Jabour from department 2. www (b) Calculate the best production plan and the maximum profit that could be achieved from the plan.TB MC Qu. 14-77 Newton Manufacturing has... Newton Manufacturing has 71,900 labor hours available for producing M and N. Consider the following information: Required labor time per unit (hours) Maximum demand (units) Contribution margin per unit Contribution margin per labor hour Multiple Choice O If Newton follows proper managerial accounting practices in terms of setting a production schedule, how much contribution margin would the company expect to generate? O $41,600 $98,750. $99,150. $101,750. Product M None of the answers is correct. 7,100 $ 6.00 $ 1.50 Product N 5 9,100 $ 6.50 $ 1.30The Wes Company manufactures several different products. Unit costs associated with Product AGT210 are as follows: Direct materials $ 40 Direct manufacturing labour 8. Variable manufacturing overhead 12 Fixed manufacturing overhead 23 Sales commissions (2% of sales) 6. Administrative salaries Total $98 What are the inventoriable costs per unit associated with Product AGT210? Select one: C a. 48. O b. $66. $60 $83
- The East Company manufactures several different products. Unit costs associated with Product ORD210 are as follows: Direct materials $54Direct manufacturing labor 8Variable manufacturing overhead 11Fixed manufacturing overhead 25 Sales commissions (2% of sales) 5Administrative salaries 12Total$115What are the period costs per unit associated with Product ORD203 ? Oa. $120 b. $50 c. $17© d $18Problem 7-16 (Algo) Comparing Traditional and Activity-Based Product Margins [LO7-1, L07-3, LO7-4, LO7-5] Hi-Tek Manufacturing, Inc., makes two types of industrial component parts-the B300 and the T500. An absorption costing income statement for the most recent period is shown: Hi-Tek Manufacturing Inc. Income Statement $ 1,657,500 1,224,620 432,880 620,000 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating loss $4 (187,120) Hi-Tek produced and sold 60,500 units of B3o0 at a price of $19 per unit and 12,700 units of T500 at a price of $40 per unit. The company's traditional cost system allocates manufacturing overhead to products using a plantwide overhead rate and direct labor dollars as the allocation base. Additional information relating to the company's two product lines is shown below: в300 T500 Total Direct materials $ 400,600 $ 120,400 $ 162,700 $ 42,000 563,300 162,400 498,920 Direct labor Manufacturing overhead Cost of goods sold $…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
- Direct materials(per kg) Direct labour (per hour) Direct Expenses Selling price Sales Demand Total Fixed Costs Rank Units produced Product 1 Product 2 Product 3 Product 4 £ per kg/hour £ ₤ £ 444 13.14 23.00 £ £ 14.60 £ 18.25 ₤ 25.55 11.50 £ 30.66 £ 26.83 72 21 1.28 £ 42.00 14,490 £ 38.00 3.83 £ £ 2.56 £ 6.39 64.00 £ 68.00 5,980 4,140 9,890 £ 137,000.00 Product 1 4 Product 2 2 Product 3 1 Product 4 3 5,980 4,140 7,324 A management accounting graduate has successfully created the optimal production plan for the four products above. Calculate the profit and values below. | Total £ Sales Variable Costs Profit Enter your values to 2 decimal places with no £ sign or commas.Subject: Cost management & accounting Q.3 Compute Factory Cost:Direct Material = Rs. 50,000Conversion Cost = 150,000Prime Cost = 100,000 Q.4 Compute Factory Cost:Prime Cost = Rs. 250,000Direct Material = 100,000Conversion Cost = 380,000 Q.5 Compute: i) Prime Cost ii) Factory CostMaterial = Rs. 75,000 ( 80% Direct )Labour = 100,000 ( 20 % Indirect )Conversion Cost = 180,000 (Indirect Material and Labour are included)Unit costs associated with the sale of a product AA101: Direct Materials, P230 Direct labor, P120 Manufacturing support costs, P460 Sales staff salaries, P190Indirect costs per unit of AA101 area. P1000b. P650c. P540d. P580