Ex 3 Machine maintenance bill 45,000 Quality control bill $ 35,000 Production Machine Hours Inspections Basic phone 3,000 5,000 4,000 Cool phones 2,000 6,000 8,000 5,000 11,000 12,000 What is the total OH cost per phone using the ABC system? What is the total OH cost per phone using the Traditional system?

Ex 3 Machine maintenance bill 45,000 Quality control bill $ 35,000 Production Machine Hours Inspections Basic phone 3,000 5,000 4,000 Cool phones 2,000 6,000 8,000 5,000 11,000 12,000 What is the total OH cost per phone using the ABC system? What is the total OH cost per phone using the Traditional system?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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1 Q6: 12345678 517336 10 11 12 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 G H Bobby's contracting creates individual pieces of interior design for clients. Each is different as they have different requirements and stylizing. Bobby is trying to sort out his pricing, and aims for a 35% margin on top of all costs. Manufacturing OH is allocated based on 20$ per DLHour and this rate is expected for the full financial period. 80 hours were spent on this job. There are no opening inventories, and the client is looking for a price quote. The boss told you not to worry about the opening or ending balances. Post the manufacturing entries in T-accounts provided for A) the end of year OH entry, B) movement of inventory, and C) revenue made in period of $500,000. Actual OH Work in Progress (WIP) $ 60,000 100,000 200,000 Finished Goods COGS $ 5,000 50,000 150,000 205,000 Budgeted OH Revenue 200,000 OH DM DL OH
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Hello, I'm only looking for help with number 4. I managed to get 1-3 but it won't let me attach that screenshot.
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Variable costs: Direct materials $0.15 Direct labor 0.06 Variable overhead 0.11 Fixed overhead 0.30 Total cost $0.62
I just need help finding the variable cost thx