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TB MC Qu. 23-98 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. Total cost per unit if 10,000 bowling balls are produced is: Variable Costs per Unit Fixed Costs (total) Direct materials Direct labor Overhead Selling, general, and administrative Multiple Choice O O O O $115. $85. $125. $160. $175. s 70 Overhead 14.50 Selling, general, and administrative 30 4.50 $ 215,000 195,000

TB MC Qu. 23-98 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. Total cost per unit if 10,000 bowling balls are produced is: Variable Costs per Unit Fixed Costs (total) Direct materials Direct labor Overhead Selling, general, and administrative Multiple Choice O O O O $115. $85. $125. $160. $175. s 70 Overhead 14.50 Selling, general, and administrative 30 4.50 $ 215,000 195,000

FINANCIAL ACCOUNTING
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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TB MC Qu. 23-98 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. Total cost per unit if 10,000 bowling balls are produced is: Direct materials Direct labor Overhead Selling, general, and administrative Multiple Choice O $115. $85. $125. Variable Costs per Unit $160. $175. Fixed Costs (total) $70 Overhead 14.50 Selling, general, and administrative 30 4.50 $ 215,000 195,000
Transcribed Image Text:TB MC Qu. 23-98 (Algo) Wesley Company makes bowling balls... Wesley Company makes bowling balls and uses the total cost method in setting product prices. Its costs for producing 10,000 bowling balls follow. The company targets a 12.5% markup on total cost. Total cost per unit if 10,000 bowling balls are produced is: Direct materials Direct labor Overhead Selling, general, and administrative Multiple Choice O $115. $85. $125. Variable Costs per Unit $160. $175. Fixed Costs (total) $70 Overhead 14.50 Selling, general, and administrative 30 4.50 $ 215,000 195,000
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