Answered: Table for Question 9 only Raw material…

Name: Table for Question 9 only Raw material Labor OverheadAbsorption Rate
Uploaded: 2024-03-20T06:32:49.000Z
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Description: Table for Question 9 only Raw material Labor OverheadAbsorption Rate administration Selling Costs GHS 5 4321What is the factory cost?OA. 9Ов. 12OC 14OD. 15

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Accounting

Table for Question 9 only Raw material Labor Overhead Absorption Rate administration Selling Costs GHS 5 4321 What is the factory cost? OA 9 Ов. 12 OC 14 OD. 15

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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4G l 14:17 O P E 4G A LTE2 KB/s Vol. 0.00 62 00:10:54 Remaining Fill in the Blank A manufacturing company two products with the following information for each product: Product AA Product BB Direct materials P 6 P 11 Direct labor 49 Factory overhead @ P16 per hour 16 32 Cost if purchased from an outside supplier 20 38 Annual demand (units) 20 , 000 28 , 000 Past experience has shown that the fixed manufacturing overhead component included in the cost per machine hour averages P10. If there are 50 , 000 machine hours available, how many units should be manufactured for each product in order to optimize the use of machine hours ? Answer: Product AA ? 20,000 units Product BB ? 15,000 units . 17 of 17 Submit II
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O MyPath Home Content O Managerial Accounting, Fifteenth x My Questions | bartleby х O File | C:/Users/pse/Documents/managerial-accounting-15th-edition.pdf Managerial Accounting, Fifteenth Edition 204 / 795 Required: 1. Compute the cost per equivalent unit for materials, for labor, and for overhead. 2. Compute the total cost per equivalent whole unit. EXERCISE 4-4 Applying Costs to Units-Weighted-Average Method [LO4–4] Data concerning a recent period's activity in the Prep Department, the first processing department in a company that uses process costing, appear below: Materials Conversion Equivalent units of production in ending work in process Cost per equivalent unit 2,000 $13.86 800 $4.43 A total of 20,100 units were completed and transferred to the next processing department during the period. Required: Compute the cost of the units transferred to the next department during the period and the cost of ending work in process inventory. EXERCISE 4-5 Cost Reconciliation…
A 1 Original Data: 2 3 4 5 6 7 8 9 10 11 12 Part 1 13 14 15 16 Estimated MOH Estimated DLHS 28 29 B Selling price per unit Direct materials per unit Direct labour per unit Direct labour-hours per unit Estimated annual productio POR: 17 18 Sales 19 Less product costs 20 21 22 23 Total product costs 24 Product margin Direct materials Direct labour Manufacturing overhead 25 Units produced and sold: 26 Product margin per unit 27 $1,350,000 112,500 High Grade $212.50 $83.50 $30.00 1.00 75,000 High Grade D Professional $387.00 $212.00 $45.00 1.50 25,000 per DLHs Professional Total
d Al Mamari وضع التوافق تم الحفظ - BAAC3204 Cost Accounting 2- Practical Assignment Clale مراسلات bubri أبجد هوز أيجد هوز أيجد هوز =、三 A。 و استبدال Ssle 1 blait A clock manufacturing company expected that standard direct material cost per unit will be $ 150, standard labour cost per hour will be $20 , standard variable overhead cost is $15 per hour . standard fixed cost is $125000. Total hours required for producing are 12 hours. Expected number of producing is 3000 Then standard cost of the company -
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
5 Vista Company reports the following information. Direct materials Direct labor Variable overhead Fixed overhead Units produced Compute its product cost per unit under absorption costing. Multiple Choice $76.00. $152.00. $171.00. $ 44 per unit 64 per unit $ 44 per unit $ 380,000 per year 20,000 units < Pr
8:30 W W M b b ba Bit Fren Use the following information for Short Exercises $21-2 and S21-3. Variable Costing Product Cost X 49 37% Period Cost ||| 0 < : X
AIP 9.6 Process Costing and Under-Absorbed Overhead LO 5, 8 Process costing can be performed with estimated cost and production data and actual cost and production data. A company estimated total manufacturing costs to be €4 million and estimated equivalent units be 20,000; therefore, the estimated cost per equivalent unit was €200. Inventory costs were adjusted for completed units based on this €200 estimated cost per equivalent unit. At the end of the year, the actual manufacturing costs were €5 million and the equivalent units produced were actually 22,000. How would you determine and account for the under-absorbed overhead?