What is the cost of unused capacity ?? SWEETDELIGHTS BAKERY PROVIDEDTHEFOLLOWING INFORMATION FOR ITS CAKEPRODUCTION:•COST OF MATERIAL SUPPLIED: $4,500•COST OF MATERIAL USED: $4,200.COST OF MATERIAL USED PER CAKE: $5•COST OF MATERIAL SUPPLIED PER CAKE: $5.50WHAT IS THE COST OF UNUSED CAPACITY?

Explanation of Unused Capacity:Unused capacity refers to the portion of available resources, such as…

Answered: SWEETDELIGHTS BAKERY PROVIDED THE…

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 8MC: What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials,...

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What is the cost of unused capacity?
What is the conversion cost to manufacture insulated travel cups if the costs are: direct materials, $17,000; direct labor, $33,000; and manufacturing overhead, $70,000? A. $16,000 B. $50,000 C. $103,000 D. $120000
The following product Costs are available for Haworth Company on the production of chairs: direct materials, $15,500; direct labor, $22.000; manufacturing overhead, $16.500; selling expenses, $6,900; and administrative expenses, $15,200. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 7,750 equivalent units are produced, what is the equivalent material cost per unit? If 22,000 equivalent units are produced, what is the equivalent conversion cost per unit?
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Bonita Industries has equivalent units of 8600 for materials and for conversion costs. Total manufacturing costs are $127100. Total materials costs are $97000. How much is the conversion cost per unit? $14.78. $11.28. $26.06. $3.50.
The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
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In Barber Company, total material costs are $10,000 and total conversion costs are $20,000. Equivalent units of production are materials 1,000 and conversion costs 2,500. Unit costs for conversion costs is: a. $1. b. $8. c. $10. d. $18.
IN SEQUENCIAL PRODUCTION PROCESS A, B AND C, • MATERIAL ABSORBED FOR PROCESS A IS $50.000; CONVERSION COST IS $30,000; • MATERIALS ABSORBED FOR B PROCESS ARE $64,000 FROM A WIPS WITH CONVERSION COST$32.000 • MATERIALS ABSORBED FOR C PROCESS ARE $40,000 FROM B WIPS WITH CONVERSION COST $10,000,- • BEGINNING INVENTORY OF FINISHED GOODS $7.000; AND ENDING INVENTORY OF FINISHED GOOD IS $10.000. • CALCULATE CHANGING INVENTORY OF A AND B AND COGS.
Ho Cabinet Company has developed the following overhead cost formulas: Overhead Cost Cost Formula Depreciation $600 Lubrication $150 plus $0.70 per machine hour Utilities $0.50 per machine hour Based on these cost formulas, the total overhead cost expected for Ho Cabinet Company if 1,200 machine hours are worked is:

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SWEETDELIGHTS BAKERY PROVIDED THE FOLLOWING INFORMATION FOR ITS CAKE PRODUCTION: •COST OF MATERIAL SUPPLIED: $4,500 •COST OF MATERIAL USED: $4,200 .COST OF MATERIAL USED PER CAKE: $5 •COST OF MATERIAL SUPPLIED PER CAKE: $5.50 WHAT IS THE COST OF UNUSED CAPACITY?