7. Babuca Corporation has provided the following production and total cost data for two levels of...
7.
|
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. |
| Production volume | 13,400 | units | 15,000 | units |
| Direct materials | $881,720 | $987,000 | ||
| Direct labor | $314,900 | $352,500 | ||
| Manufacturing overhead | $1,010,700 | $1,030,060 |
|
The best estimate of the total monthly fixed manufacturing cost is: (Do not round intermediate calculations.) |
Homework Answers
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7.
Babuca Corporation has provided the following production and
total cost data for two levels of...
Babuca Corporation has provided the following production and total cost data for two levels of monthly...
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume Direct materials Direct labor Manufacturing overhead 6,800 units 8,eee units $ 402,560 $ 153,0ee $1,997,9ee $ 473,68e 18e,eee $1,024,100 The best estimate of the total variable manufacturing cost per unit is: (Round your intermediate calculations to 2 decimal places.)
3. Carbaugh Corporation has provided the following production and average cost data for two levels of...
3. Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 5,900 units 6,900 units Direct materials $76.90 per unit $76.90 per unit Direct labor $51.20 per unit $51.20 per unit Manufacturing overhead $76.40 per unit $66.40 per unit The best estimate of the total cost to manufacture 6,200 units is closest to: (Do not round intermediate calculations.)
Carbaugh Corporation has provided the following production and average cost data for two levels of monthly...
Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 4,300 units 5,300 units Direct materials $78.90 per unit $78.90 per unit Direct labor $52.20 per unit $52.20 per unit Manufacturing overhead $77.30 per unit $68.30 per unit The best estimate of the total cost to manufacture 5,000 units is closest to: (Do not round intermediate calculations.) $1,026,490 $1,015,315 $1,008,610 $977,320
Bakan Corporation has provided the following production and average cost data for two levels of monthly...
Bakan Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 4,600 units 5,600 units Direct materials $ 94.70 per unit $ 94.70 per unit Direct labor $ 31.60 per unit $ 31.60 per unit Manufacturing overhead $ 78.80 per unit $ 70.80 per unit The best estimate of the total variable manufacturing cost per unit is: (Round your intermediate calculations to 2 decimal places.)...
QUESTION 27 Davis Corporation has provided the following production and total cost data for two levels...
QUESTION 27 Davis Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Direct materials Direct labor Manufacturing overhea.. 1,000 units $44,200 $37,300 $48,500 2,000 units $88,400 $74,600 $62,200 Using the Hi-Low Method, the best estimate of the total monthly fixed manufacturing cost is: o 1. $130,000 O 2. $177,600 3.$34,800 4. $225,200 QUESTION 28 The high and low points used in the high-low method tend to...
The following production and average cost data for two levels of monthly production volume have been...
The following production and average cost data for two levels of monthly production volume have been supplied by a company that produces a single product: Production volume 1,000 units 3,000 units Direct materials $ 13.20 per unit $ 13.20 per unit Direct labor $ 14.50 per unit $ 14.50 per unit Manufacturing overhead $ 65.40 per unit $ 29.40 per unit The best estimate of the total variable manufacturing cost per unit is: Multiple Choice $39.10 $27.70 $11.40 $13.20
QUESTION 24 Davis Corporation has provided the following production and total cost data for Production volum...
QUESTION 24 Davis Corporation has provided the following production and total cost data for Production volum Direct materials... Direct laboro Manufacturing overhead 1,000 units 2,000 units 44,200 88,400 37,300$74,600 $48,500$62.200 Using the Hi-Low Method, the best estimate of the total montaly fixed manofachuring cot in O 1.$130,000 O 2. $177,600 3.$34,800 o 4 $225,200 QUESTION 25 For each of the following costs identify whether it is a Product or Period cost Manufacturing Overhead Salary of receptionist in administrative office B...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit $5.90 $ 4.10 $ 2.20 $152,000 $ 1.40 $ 0.30 $ 43,700 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $98,000 $1.00 0.40 $30,800 Required: a. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations. .If 7,000 units are produced, what is the toteramount of indirect manufacturing costs incurred? a. Total direct manufacturing...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $ 4.00 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 144,000 $ 1.30 $ 0.70 $ 41,400 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,000 units are produced, what is the total amount...
Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume Direct materials Direct labor Manufacturing overhead 6,800 units 8,eee units $ 402,560 $ 153,0ee $1,997,9ee $ 473,68e 18e,eee $1,024,100 The best estimate of the total variable manufacturing cost per unit is: (Round your intermediate calculations to 2 decimal places.)
QUESTION 27 Davis Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Direct materials Direct labor Manufacturing overhea.. 1,000 units $44,200 $37,300 $48,500 2,000 units $88,400 $74,600 $62,200 Using the Hi-Low Method, the best estimate of the total monthly fixed manufacturing cost is: o 1. $130,000 O 2. $177,600 3.$34,800 4. $225,200 QUESTION 28 The high and low points used in the high-low method tend to...
QUESTION 24 Davis Corporation has provided the following production and total cost data for Production volum Direct materials... Direct laboro Manufacturing overhead 1,000 units 2,000 units 44,200 88,400 37,300$74,600 $48,500$62.200 Using the Hi-Low Method, the best estimate of the total montaly fixed manofachuring cot in O 1.$130,000 O 2. $177,600 3.$34,800 o 4 $225,200 QUESTION 25 For each of the following costs identify whether it is a Product or Period cost Manufacturing Overhead Salary of receptionist in administrative office B...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit $5.90 $ 4.10 $ 2.20 $152,000 $ 1.40 $ 0.30 $ 43,700 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $98,000 $1.00 0.40 $30,800 Required: a. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations. .If 7,000 units are produced, what is the toteramount of indirect manufacturing costs incurred? a. Total direct manufacturing...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $ 4.00 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 144,000 $ 1.30 $ 0.70 $ 41,400 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,000 units are produced, what is the total amount...
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