Total manufacturing cost
= Direct Materials + Direct Labor + Manufacturing Overhead
= 640,000+100,000+2,900,000
= 3,640,000
Cost per liter = 3,640,000/14,000,000
= 0.26
Sara's Sodas produces a popular soft drink. Operating data for January follow Materials Labor Manufacturing overhead...
1. Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator Total Units produced 1,250 150 1,400 Machine-hours 5,000 2,000 7,000 Direct labor-hours 4,000 2,000 6,000 Direct materials costs $ 11,000 $ 3,500 $ 14,500 Direct labor costs 63,000 35,000 98,000 Manufacturing overhead costs 170,422 Total costs $ 282,922 Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses machine-hours to...
Howrley-David, Inc., manufactures two models of motorcycles: the Fatboy and the Screamer. Both models are assembled in the same plant and require the same assembling operations. The difference between the models is the cost of materials. The following data are available for August: Fatboy 780 2,600 Screamer 1,560 $ 3,600 2.340 $ Number of units assembled Materials cost per unit Other costs: Direct labor Indirect materials Other overhead $2,106,000 351,000 1,053,000 Required: Howrley-David uses operations costing and assigns conversion costs...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 850 3,500 3,500 $11,300 74,300 Dominator 400 1,600 2,900 $ 3,350 37,400 Total 1,250 5,100 6,400 $ 14,650 111,700 225, 216 $351,566 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead...
compute the predetermined overhead rate Tiger Furnishings produces two motels of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator 250 4,500 2,500 2,000 Units produced 1,000 Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 1,250 7,000 5,000 $10,000 3,750 13,750 64,500 35,500 100,000 175,000 $288,750 3,000 Total costs Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator Total 300 2,000 2,600 $8,500 3,300 11,800 32,400 Units produced 1,050 4,700 3,000 1,350 6,700 5,600 Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs 71,500 103,900 Total costs $307,556 Required Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round your answer to...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator Total Units produced 1,200 300 1,500 Machine-hours 4,500 2,900 7,400 Direct labor-hours 2,600 1,100 3,700 Direct materials costs $ 10,600 $ 4,150 $ 14,750 Direct labor costs 60,600 34,300 94,900 Manufacturing overhead costs 131,461 Total costs $ 241,111 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,000 3,600 2,200 $19,900 67,600 Dominator 400 2,700 1,200 $3,600 36,40 Total 1,400 6,300 3,400 $ 14,500 104,000 119,544 $238, 044 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs....
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 850 4,500 3,602 $10,600 56,600 Dominator Total 300 1,150 2,800 7,300 2,100 5,700 $3,750 $ 14,350 39,082 95,600 198,645 $308,595 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate overhead costs. (Round...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Basic Dominator Total Units produced 1,150 400 1,550 Machine-hours 4,200 1,600 5,800 Direct labor-hours 3,900 1,900 5,800 Direct materials costs $ 8,400 $ 3,250 $ 11,650 Direct labor costs 61,200 35,300 96,500 Manufacturing overhead costs 202,594 Total costs $ 310,744 Required: Compute the predetermined overhead rate assuming that Tiger Furnishings uses direct labor costs to allocate...
Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations and costs for March follow: Units produced Machine-hours Direct labor-hours Direct materials costs Direct labor costs Manufacturing overhead costs Total costs Basic 1,250 4,000 3,000 $10,000 70,000 Dominator 300 2,000 2,000 $ 3,750 34,000 Total 1,550 6,000 5,000 $ 13,750 104,000 177,112 $ 294,862 Required: Compute the individual product costs per unit assuming that Tiger Furnishings uses direct labor costs to...