319948Question 6 of 15View PoliciesCurrent Attempt in ProgressDirect labor hoursBoswell Company manufactures two products, Regular and Supreme. Boswell's overhead costs consist of machining, $4800000; andassembling, $2400000. Information on the two products is:Machine hoursNumber of partsGS JO$4320000.O $2190gmo.O $5010000.O $2880000.Save for Later<>144SINGA%Regular Supreme10000Overhead applied to Regular using traditional costing using direct labor hours is1000090000stated Apa pe teren overd161500030000160000WAS MAN&O15*DEALEfjoHOISBNLIEN 1 of 1MOBILE, AL 36691-0249CLARKSTON, GA 30321hallitulleeddelslaAttempts: 0 of 1 used112-/1 Eprt scSubmit AnswerTHIS YOURscr IkCITpause

Question 6 of 15 View Policies Current Attempt in Progress Direct labor hours Boswell Company manufactures two products, Regular and Supreme. Boswell's overhead costs consist of machining, $4800000; and assembling, $2400000. Information on the two products is: Machine hours Number of parts <> O $4320000. O $2190900. O $5010000. O $2880000. Save for Later Regular Supreme 15000 10000 10000 90000 30000 Overhead applied to Regular using traditional costing using direct labor hours is 160000 -/1 E : Attempts: 0 of 1 used Submit Answer

Question 6 of 15 View Policies Current Attempt in Progress Direct labor hours Boswell Company manufactures two products, Regular and Supreme. Boswell's overhead costs consist of machining, $4800000; and assembling, $2400000. Information on the two products is: Machine hours Number of parts <> O $4320000. O $2190900. O $5010000. O $2880000. Save for Later Regular Supreme 15000 10000 10000 90000 30000 Overhead applied to Regular using traditional costing using direct labor hours is 160000 -/1 E : Attempts: 0 of 1 used Submit Answer

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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EXERCISE 6-9 Special Order Decision L06-4 Delta Company produces a single product. The cost of producing and selling a single unit of this product at the company's normal activity level of 60,000 units per year is: Direct materials Direct labor..... Variable manufacturing overhead Fixed manufacturing overhead. Variable selling and administrative expense Fixed selling and administrative expense. $5.10 $3.80 $1.00 $4.20 $1.50 $2.408 moubor dond Atrilioni Isiboga 25001 The normal selling price is $21 per unit. The company's capacity is 75,000 units per year. An order has been received from a mail-order house for 15,000 units at a special price of $14.00 per unit. This order would not affect regular sales or the company's total fixed costs. Required: 1. What is the financial advantage (disadvantage) of accepting the special order? 2. As a separate matter from the special order, assume the company's inventory includes 1,000 units of this product that were produced last year and that are…
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1- Chapter 1 Assignment i 1 of 15 € a 19 2 Total manufacturing overhead cost Manufacturing overhead per unit 4# Direct materials. Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Sales commissions Variable administrative expense Required information [The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,500 units. When it produces and sells 10,000 units, its average costs per unit are as follows: Okay 3 4 Y A Saved 11. If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis? (Round your "per unit" answer to 2 decimal places.) & LO 5 * Help 6 Save & Exit 7 Average Cost per Unit $7.00 $4.50 $ 1.40 $ 4.00 $4.00 $ 2.10 $ 1.10 $ 0.55 You Check my work 8 Submit 9 } 11 0 d
Question No. 3 Part A 4000 units per year, included 6 4,400 The Lopez company uses standard costing for a level output of machine hours of variable manufacturing overheads of $8.00 per hour and six machine hours of fixed manufacturing overheads at $15 per hour. Actual outputs produced were 44,000 units. Variable manufacture overhead incurred was $245,000. Fixed manufacture overhead incurred was $373,000. Actual machine hours were 28,400. CLO 5 Required: 1. Prepare an analysis of VOH and FOH variances using relevant variance equations.
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< Prev A company uses the following standard costs to produce a single unit of output. Direct materials Direct Manufacturing pounds at $0.70 per pound- 0.4 hour at $8.00 per hour labor $ 5.60 $ 3.20 $ 1.96 overhead 53 0.4 hour at $4.90 per hour - During the latest month, the company purchased and used 77,000 pounds of direct materials ata price of $0.90 per pound to produce 10,000 units of output Direct le month totaled $29,100 based on 3,880 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15 600 and fixed manufacturing overhee $10,000. Based on this information, the direct materials price variace for the month was: Multiple Choice $2,000 favorable $15,400 unfavorable $5,600 unfavorable $6,400 unfavorable Ne $5,600 favorable 23 of 25
6 part 2
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QUESTION 40 Cost AccountingChoose the answer from the choices
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