Ballard Company incurred a total cost of $9,000 to produce 300 units of pulp. Each unit...
Ballard Company incurred a total cost of $9,000 to produce 300 units of pulp. Each unit of pulp required five (5) direct labor hours to complete. What is the total fixed cost if the variable cost was $2.00 per direct labor hour?
$2,400.
$8,400.
$6,000.
$3,000.
Homework Answers
|
Total Variable cost = 300 units * 5 * 2 = 3000 Fixed cost = Total cost - Total Variable cost = 9,000 - 3,000 = 6,000 |
||
Add Answer to:
Ballard Company incurred a total cost of $9,000 to produce 300
units of pulp. Each unit...
Exercise 5-46 Learning Curves (LO 5-6) Assume that General Dynamics, which manufactures high-technology instruments for spacecraft,...
Exercise 5-46 Learning Curves (LO 5-6) Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced. Unit Produced (X) Time Required to produce the Xth Unit 23,000 hours 16.100...
Lasser Company plans to produce 29,000 units next period at a denominator activity of 87,000 direct...
Lasser Company plans to produce 29,000 units next period at a denominator activity of 87,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $7.90 per yard. The company's budget includes variable manufacturing overhead cost of $2.00 per direct labor-hour and fixed manufacturing overhead of $487,200 per period. Required: 1. Using 87,000 direct labor-hours as the denominator activity, compute the predetermined...
Lasser Company plans to produce 22,000 units next period at a denominator activity of 44,000 direct...
Lasser Company plans to produce 22,000 units next period at a denominator activity of 44,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $8.50 per yard. The company's budget includes variable manufacturing overhead cost of $2.00 per direct labor-hour and fixed manufacturing overhead of $215,600 per period. Required: 1. Using 44,000 direct labor-hours as the denominator activity, compute the predetermined...
A company uses the following standard costs to produce a single unit of output. Direct materials...
A company uses the following standard costs to produce a single unit of output. Direct materials 7 pounds at $0.80 per pound = $ 5.60 Direct labor 0.6 hour at $10.00 per hour = $ 6.00 Manufacturing overhead 0.6 hour at $4.20 per hour = $ 2.52 During the latest month, the company purchased and used 67,000 pounds of direct materials at a price of $1.10 per pound to produce 10,000 units of output. Direct labor costs for the month...
Lasser Company plans to produce 23,000 units next period at a denominator activity of 69,000 direct...
Lasser Company plans to produce 23,000 units next period at a
denominator activity of 69,000 direct labor-hours. The direct labor
wage rate is $12.00 per hour. The company's standards allow 2 yards
of direct materials for each unit of product; the material costs
$7.70 per yard. The company's budget includes variable
manufacturing overhead cost of $1.90 per direct labor-hour and
fixed manufacturing overhead of $372,600 per period.
Required:
1. Using 69,000 direct labor-hours as the denominator activity,
compute the predetermined...
Total Cost (@ 3,000 Units) Total Cost (@ 4,000 units) Variable Cost per Unit Total Fixed...
Total Cost (@ 3,000 Units) Total Cost (@ 4,000 units) Variable Cost per Unit Total Fixed Cost Total Cost (@ 5,000 unit Direct labor (variable) $63,000 $84,000 ? ? Factory supervision (semi-variable) 50,000 65,000 ? ? Factory depreciation (fixed) 33,000 33,000 ? ? FIND FIXED AND TOTAL COST
Lasser Company plans to produce 16,000 units next period at a denominator activity of 48,000 direct...
Lasser Company plans to produce 16,000 units next period at a denominator activity of 48,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $8.30 per yard. The company's budget includes variable manufacturing overhead cost of $1.60 per direct labor-hour and fixed manufacturing overhead of $292,800 per period. Required: 1. Using 48,000 direct labor-hours as the denominator activity, compute the predetermined...
Lasser Company plans to produce 14,000 units next period at a denominator activity of 28,000 direct...
Lasser Company plans to produce 14,000 units next period at a denominator activity of 28,000 direct labor-hours. The direct labor wage rate is $12.00 per hour. The company's standards allow 2 yards of direct materials for each unit of product; the material costs $9.50 per yard. The company's budget includes variable manufacturing overhead cost of $2.10 per direct labor-hour and fixed manufacturing overhead of $145,600 per period. Required: 1. Using 28,000 direct labor-hours as the denominator activity, compute the predetermined...
A company uses the following standard costs to produce a single unit of output. Direct materials...
A company uses the following standard costs to produce a single unit of output. Direct materials 6 pounds at $0.90 per pound = $ 5.40 Direct labor 0.5 hour at $12.00 per hour = $ 6.00 Manufacturing overhead 0.5 hour at $4.80 per hour = $ 2.40 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month...
A company uses the following standard costs to produce a single unit of output. Direct materials...
A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 6 pounds at $1.2 per pound 0.40 hour at $10.00 per hour 0.40 hour at $4.90 per hour -$7.20 - $4.00 -$1.96 During the latest month, the company purchased and used 56,000 pounds of direct materials at a price of $1.50 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $35,616 based on 3,710...
Exercise 5-46 Learning Curves (LO 5-6) Assume that General Dynamics, which manufactures high-technology instruments for spacecraft, is considering the sale of a navigational unit to a government agency in India that wishes to launch its own communications satellite. The government agency plans to purchase 8 units, although it would also consider buying 16 units. General Dynamics has started a chart relating labor time required to units produced. Unit Produced (X) Time Required to produce the Xth Unit 23,000 hours 16.100...
Lasser Company plans to produce 23,000 units next period at a
denominator activity of 69,000 direct labor-hours. The direct labor
wage rate is $12.00 per hour. The company's standards allow 2 yards
of direct materials for each unit of product; the material costs
$7.70 per yard. The company's budget includes variable
manufacturing overhead cost of $1.90 per direct labor-hour and
fixed manufacturing overhead of $372,600 per period.
Required:
1. Using 69,000 direct labor-hours as the denominator activity,
compute the predetermined...
A company uses the following standard costs to produce a single unit of output. Direct materials Direct labor Manufacturing overhead 6 pounds at $1.2 per pound 0.40 hour at $10.00 per hour 0.40 hour at $4.90 per hour -$7.20 - $4.00 -$1.96 During the latest month, the company purchased and used 56,000 pounds of direct materials at a price of $1.50 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $35,616 based on 3,710...
Most questions answered within 3 hours.
-
find the critical value associated with a right sided hypothesis of
the mean using a sample...
asked 1 hour ago -
Which of the following statements is true with respect to a
simple linear regression model?
a....
asked 2 hours ago -
The energy required to remove an electron from a surface of a
solid element is called...
asked 3 hours ago -
How would you train your employees to avoid risks of using
mobile devices?
asked 4 hours ago -
Assume Kw = 1.01 ✕ 10−14
For pure water, we can calculate [H3O+ ] = [OH...
asked 5 hours ago -
Suppose that on a temperature scale X, water boils at 203.0°X
and freezes at -105.7°X. What...
asked 6 hours ago -
BaS crystallizes in a cubic unit cell with S2- ions on each
corner and each face....
asked 6 hours ago -
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 8 hours ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 8 hours ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 9 hours ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 10 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 10 hours ago