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4.an increase in direct labor costs per unit a. Increases the fixed costs b. increases profits...
The cost allocation base O A. are costs related to a particular cost object that cannot be traced to that cost object in an economically feasible way B. is anything for which a measurement of costs is desired O C. is a systematic way to link an indirect cost or group of indirect costs to cost objects D. is a grouping of individual indirect cost items
m anfatur veral different products. Unit costs associated with 19) The American West Com ORD210 are as follows Direct materials Direct manufacturing labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions (2% of sales) Administrative salaries Total $200 What are the inventoriable costs per unit associated with Product ORD210? A) $124 B) $114 C) 5144 Explanation: A) D) 5134 C) $90. $24.520 510 5144 20) Pederson Company reported the following: Manufacturing costs Units manufactured Units sold Beginning inventory S187000 17.000...
1. Which of the flowing out t o - 25 min mandat 1.225 of direct op medi o a a customer s 2. When 24000 units produced warbleco 125 or when 1000 For a manufacturing company direct mandou may be induced and Only in the merchandisiner i ng Only in bom work in procesory and the y 5in a cos e coa product the ssin a company's balance sheet when the co COGSonywhere products Labies in a company's lance sheet...
1. A ___________ is anything for which a measurement of costs is desired. A. Cost Allocation Base B. Cost Pool C. Cost Object D. Cost Application Base 4. ___________ is the process of assigning indirect costs to products. A. Cost Allocation B. Job Costing Recording C. Cost Pooling D. Cost Tracing
QUESTION 10 For a given job the direct costs associated with the job are actual overhead that has been applied to the job raw materials that can be traced to the job in an economically feasible way All sunk costs that can be traced to the job in an economicaly feasible way all fixed costs
QUESTION 8 When costs can be traced to a particular cost object in an economically feasible way, the cost is a: direct cost indirect cost allocated cost budgeted cost
Classifying a cost as either direct or indirect depends upon OA. whether the cost is expensed in the period in which it is incurred O B. whether a cost is fixed or variable ° C. whether the cost can be traced to a particular cost object in an economically feasible way O D. the behavior of the cost in response to volume changes
Average Cost per Unit Direct materials $ 9.00 Direct labor $ 6.00 Variable manufacturing overhead $ 3.50 Fixed manufacturing overhead $ 7.00 Fixed selling expense $ 5.50 Fixed administrative expense $ 4.50 Sales commissions $ 3.00 Variable administrative expense $ 2.50 Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 32,500 units? b. What is the total indirect manufacturing cost incurred to make 32,500 units? 2. Assume the...
Which of the following is not a reason to allocate overhead? Allocation is more accurate than tracing items directly to jobs. Unlike direct materials and direct labor, the amount of overhead actually incurred may not be known at the time a job is being worked on. Manufacturing overhead is an indirect cost that cannot be physically or economically traced back to a specific item. Some overhead costs are seasonal, and should be spread over production for the entire...
Select the correct definition for the following costs. Direct material costs Direct manufacturing-labor costs Manufacturing overhead costs Prime costs Conversion costs A. All direct manufacturing costs. B. All manufacturing costs other than direct material costs. C. Compensation of all manufacturing labor that can be traced to the cost object. D. Costs of all materials that can be traced to the cost object. E. All manufacturing costs related to the cost object but cannot be traced to the cost object