Given the following information: Prime Costs $ 11000 Conversion Costs $ 30000 Direct Materials Purchased $ 51000 Direct Materials Used $ 11000 Change in finished goods inventory $ 30000 increase Change in WIP $ 25000 decrease   Calculate the total manufacturing costs.

Q: When XYZ Company produces and sells 2,000 units, its per-unit costs are as given below: Type of Cost…

A: Incremental Analysis :— This analysis shows the comparison between two different alternatives. A…

Q: McGown Corporation has the following information: Raw Materials Inventory Work in Process Inventory…

A: MANUFACTURING COST Manufacturing Cost are those Cost Which is Directly or Indirectly Associates…

Q: Simmons Inc. can produce 100 units of a component part with the following costs: Direct Materials…

A: Relevant cost is the cost that is different between different alternatives. This cost is considered…

Q: Which of the following statements is false with respect to job-order costing and process costing?…

A: Job order costing is a costing system used when products or services are customized or unique, where…

Q: Fourth Question: The following information from PETRA-2 factory in 2020: 3200 1800 2400 1400 400 450…

A: The throughput costing system records direct materials costs related to the cost of goods sold as…

Q: Assume the following information: Direct materials $70,000 Direct Labor $35,000 Variable…

A: The product costs are the costs that are related directly or indirectly to the production process.…

Q: 3. Assume that the company produced 10,000 units of product during the year. What was the average…

A: Variable cost is the cost that changes with change in activity of cost driver used. The variable…

Q: Farrow Company reports the following annual results. Contribution Margin Income Statement Sales…

A: Relevant Cost :— It is the cost that are different in different alternatives. It is used for making…

Q: our Corporation has received a request for a special order of 6,000 units of its product for a…

A: The special order can be considered if it comes under the manufacturing capacity of the business and…

Q: Hall Cosmetics Corporation company has the following costs associated with its production and sales.…

A: Absorption costing is used to ascertain the cost per unit. In absorption costing, only production…

Q: X Company accumulates the following data about maintenance costs, a mixed cost, using hours as the…

A: Formula to calculate variable cost under High low method: Variable cost Per  hour  = ( Total…

Q: Cost of Goods Manufactured Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's…

A: Cost of goods manufactures (COGM) is the budgeted schedule prepared by the management by estimating…

Q: please give me answer in relatable

A: Under throughput costing, the only cost considered in the computation of the product cost is the…

Q: 1. Classify A,B,C,D,E,F of the following costs as either variable, fixed, or mixed.   Cost Incurred…

A: Total costs are the overall costs related to the product which include variable costs, fixed costs…

Q: Sheridan, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan…

A: The differential analysis is performed to analyze the two different alternatives available for the…

Q: Revenue $4500 Variable non manufacturing$900 Variable Manufacturing Costs$810Fixed manufacturing…

A: The cost of goods sold includes the cost of goods that are sold during the period. The gross margin…

Q: The following information pertains to Beige, Inc., for the current year: Sales Internal failure…

A: Note : The following are comprised in a Quality cost:   •Appraisal cost are incurred to detect the…

Q: Costmore Manufacturing has provided the following operating results for its first year operations:…

A: Under absorption costing, both fixed and variable manufacturing costs are included in the product…

Q: Using the following information, determine the activity rate for the purchasing activity. Activity…

A: Under activity based costing, cost are calculated for each activity based on their consumption or…

Q: Leap Company has collected the following information: Cost to buy one unit $24 Production costs per…

A: Fixed costs, also known as overhead costs, are expenses that do not vary with changes in the level…

Q: Current Designs faces a number of important decisions that require incremental analysis. One of…

A: Lets understand the basics. When there is alternative between make or buy product then management…

Q: Sunland Company has the following production data for March 2022: no beginning work in process…

A: FIFO METHOD :— Under this method, equivalent units are calculated by adding equivalent units in…

Q: Cecil Incorporated provided the following information regarding its only product: Sale price per…

A: A special order is a one-time order that is received from not a regular customer. Special order…

Q: Absorption Costing Income Statement On October 31, the end of the first month of operations,…

A: A type of costing known as "absorption costing" includes all production expenses. This is how…

Q: Provide the Correct answer. I want the Correct Answer

A: Correct option:B. $890,000 Show formula version of the detailed solution sheet for a better…

Q: Martin Incorporated provided the following information regarding its only product: Sale price per…

A: Operating income is the amount of money earned by the entity after deducting the operating expenses…

Q: Crane Company is preparing its manufacturing overhead budget for 2022. Relevant data consist of the…

A: The overhead costs include all the indirect costs incurred during the period. The overhead costs can…

Q: The following cost behavior patterns describe anticipated manufacturing costs for 2022: raw…

A: Absorption costing and Variable costing are two costing systems being used in business. Under…