Question

What are the total manufacturing costs for job order 23 if the company uses normal job order costing? O $191,500 O $193,500 O S194,500 O $195,500 12. Sky High sells helicopters. During the current year, 130 helicopters were sold resulting in $820,000 of sales revenue, $250,000 of variable costs, and $345,000 of fixed costs. Breakeven point in units is O 95 units O 58 units O 79 units O 55 units 13. The breakeven point is the activity level where O revenues equal fixed costs O revenues equal variable costs O contribution margin equals total costs O revenues equal the sum of variable and fixed costs 14. Which of the following companies will use a process costing system? O an oil refining company O a manufacturer of ships O a custom kitchen cabinet company O an advertising firm 15. Activity based costing system differs from traditional costing systems in the treatment of O direct labor costs O direct material costs O prime costs O indirect costs 16. The number of units in the sales budget and the production budget may differ because of a change in ending finished goods inventory levels

Answer 1

12	79 units	(345000/((820000-250000)/130))
13	Revenue equal to variable and fixed cost	breakeven is a situtation where there is no profit or no loss.
14	An oil refining company	in oil refining multiple process are involved in it.
15	Indirect costs	Treatment of other items are same under both mehtods