A lawnmower manufacturer computed a cost per unit of $53 by adding together last month's direct...
A lawnmower manufacturer computed a cost per unit of $53 by adding together last month's direct labor, direct materials, and manufacturing overhead and dividing that total by the 10,000 units produced last month. (There were no beginning or ending inventories.) If 9,000 units are going to be manufactured this month, we would expect that the:
Homework Answers
Answer:
A lawnmower manufacturer computed a cost per unit of $53 by adding together last month's direct labor, direct materials, and manufacturing overhead and dividing that total by the 10,000 units produced last month. (There were no beginning or ending inventories.) If 9,000 units are going to be manufactured this month, we would expect that the:
cost per unit will increase.
Explanation:
Manufacturing overhead includes certain fixed overheads also; as such when number of units produced decreases from 10,000 to 9,000 cost per unit is expected to increase.
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A lawnmower manufacturer computed a cost per unit of $53 by
adding together last month's direct...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work in process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,620 $58, 200 $87,200 $ 4,070 Inventories Raw materials Work in process Finished goods Beginning $ 10,000 $ 54,500 $ 34,800 Ending $ 18,700 $ 67,800 $ 42,600 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Primare Corporation has provided the following data concerning last month's manufacturing operations Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations.Purchases of raw materials $31,000 Indirect materials included in manufacturing overhead$ 4,570 Direct labor$59,200Manufacturing overhead applied to work in process$87,100Underapplied overhead $ 4,190 InventoriesBeginningEndingRaw materials$ 12,000$ 18.200Work in process $ 54,300$ 66,900Finished goods $ 33,300$ 42,800Required: 1. Prepare a schedule of cost of goods manufactured for the month 2. Prepare a schedule of cost of goods sold for the month. Assume the underapplied or overapplied overhead is closed to Goods Sold.
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,800 $59,600 $88,400 $ 4,180 Inventories Raw materials Work in process Finished goods Beginning $ 10,500 $ 54,800 $ 34,000 Ending $ 18,500 $ 70,000 $ 42,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations Sold (L03-31 Purchases of...
Primare Corporation has provided the following data concerning last month's manufacturing operations Sold (L03-31 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $4,700 $59.40 587,90 3.4.14 Inventories Raw materials Work in process Finished goods Beginning Ending $ 11, $ 19,30 $ 55, 567,10 $ 34,900 $ 43,20 print Required: L Prepare a schedule cost of goods manufactured for the month 2. Prepare a schedule of cost...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,990 $58,600 $87,900 $ 4,040 Ending Inventories Raw materials Work in process Finished goods Beginning $ 11,500 $ 55,700 $ 33,100 $ 19,800 $ 69,800 $ 42,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,840 $59.900 $88,600 $ 4,180 Ending Inventories Raw materials Work in process Finished goods Beginning $10,200 $ 54,200 $33,300 Ending $ 19,000 $ 69, 700 $ 43,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 30,000 $ 4,910 $ 59,400 $ 88,900 $ 4,060 Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,300 $ 18,600 $ 54,100 $ 66,900 $ 34,600 $ 42,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
Primare Corporation has provided the following data concerning last month's manufacturing opera Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $ 4,970 $59,700 $88,100 $ 4,070 Inventories Beginning Ending Raw materials $11,500 $18,500 Work in process Finished goods $34,100 $43,100 $55,500 $67,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,620 $58, 200 $87,200 $ 4,070 Inventories Raw materials Work in process Finished goods Beginning $ 10,000 $ 54,500 $ 34,800 Ending $ 18,700 $ 67,800 $ 42,600 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchase of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 5,000 $58,400 $ 87,900 $ 4,190 Inventories Raw materials Work in process Finished goods Beginning Ending $11,000 $ 18,300 $ 55,800 $ 66,600 $ 33,000 $ 43,300 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,800 $59,600 $88,400 $ 4,180 Inventories Raw materials Work in process Finished goods Beginning $ 10,500 $ 54,800 $ 34,000 Ending $ 18,500 $ 70,000 $ 42,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations Sold (L03-31 Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $32,000 $4,700 $59.40 587,90 3.4.14 Inventories Raw materials Work in process Finished goods Beginning Ending $ 11, $ 19,30 $ 55, 567,10 $ 34,900 $ 43,20 print Required: L Prepare a schedule cost of goods manufactured for the month 2. Prepare a schedule of cost...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing overhead applied to work in process Underapplied overhead $30,000 $ 4,990 $58,600 $87,900 $ 4,040 Ending Inventories Raw materials Work in process Finished goods Beginning $ 11,500 $ 55,700 $ 33,100 $ 19,800 $ 69,800 $ 42,700 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 31,000 $ 4,640 $ 58,200 $ 88,400 $ 4,020 Inventories Beginning Ending Raw materials $11,700 $19,100 Work in $55,800 $68,700 process Finished $34,000 $43,200 goods Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of cost of goods...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $31,000 $ 4,840 $59.900 $88,600 $ 4,180 Ending Inventories Raw materials Work in process Finished goods Beginning $10,200 $ 54,200 $33,300 Ending $ 19,000 $ 69, 700 $ 43,500 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare a schedule of...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials included in manufacturing overhead Direct labor Manufacturing overhead applied to work in process Underapplied overhead $ 30,000 $ 4,910 $ 59,400 $ 88,900 $ 4,060 Inventories Raw materials Work in process Finished goods Beginning Ending $ 10,300 $ 18,600 $ 54,100 $ 66,900 $ 34,600 $ 42,100 Required: 1. Prepare a schedule of cost of goods manufactured for the month. 2. Prepare...
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