Homework Answers
| Perkey Corporation | |||
| Number of units produced | 4000 | ||
| Ans (A) | Cost per unit | Total Cost | |
| Direct Material=(4000*$5) | $ 5.00 | $ 20,000.00 | |
| Direct Labor=(4000*$2.90) | $ 2.90 | $ 11,600.00 | |
| Total amount of direct manufacturing cost incurred is closest to: | $ 31,600.00 | ||
| Note:Direct Manufacturing cost includes both Direct Material & Direct Labor | |||
| Manufacturing Overhead cost is all indirect cost incurred during the production period. | |||
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9) Perkey Corporation has provided the following information: Cost per Period Cost per Unit 5.00 2.90...
4) Pembroke Corporation has provided the following information (4 pts): Cost per Unit Cost per Period...
4) Pembroke Corporation has provided the following information (4 pts): Cost per Unit Cost per Period Direct materials $ 5.00 Direct labor $ 2.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 21,000 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: A) $31,600 B) $35,600 C) $53,400 D) $36,600
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $...
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
1) Tirri Corporation has provided the following information Cost per Unit $ 6.85 $ 3.90 S...
1) Tirri Corporation has provided the following information Cost per Unit $ 6.85 $ 3.90 S 1.25 Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense S 22,500 S 1.00 S 0.55 S 7,500 If the selling price is $26.20 per unit, the contribution margin per unit sold is closest to A) $12.65 B) S6.65 C) $15.45 D) S9.70
Brault Corporation has provided the following information: Cost per Period Cost per Unit $6.85 $ 3.85...
Brault Corporation has provided the following information: Cost per Period Cost per Unit $6.85 $ 3.85 $ 1.25 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $97,200 $ 1.00 $ 0.55 $40,500 If 10.000 units are sold, the variable cost per unit sold is closest to Multiple Choice $22.75 $13.50 $28.80 $11.95
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.40 Direct labor $ 3.80 Variable manufacturing overhead $ 1.80 Fixed manufacturing overhead $ 16,000 Sales commissions $ 1.00 Variable administrative expense $ 0.50 Fixed selling and administrative expense $ 5,600 If 7,500 units are produced, the total amount of manufacturing overhead cost is closest to:
5. Adams Ltd.rents a truck for a flat fee plus an additional charge per mile. What...
5. Adams Ltd.rents a truck for a flat fee plus an additional charge per mile. What type of cost is the rent? a fixed cost b. mixed cost c. variable cost d. step cost The direct costs of operating a university computer centre would NOT include a. rent paid for computers. b. a fair share of university utilities. c. paper used by the centre d. computer consultants' salaries. 6. 7. The following costs were incurred in May: Direct materials Direct...
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Pedregon Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.00 Direct labor $ 3.60 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 10,800 Sales commissions $ 0.45 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 3,200 If 3,000 units are sold, the total variable cost is closest to:
Bellucci Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Bellucci Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.20 Direct labor $ 4.50 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 120,650 Sales commissions $ 1.30 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 44,650 The incremental manufacturing cost that the company will incur if it increases production from 9,500 to 9,501 units is closest to (assume that the increase is within the relevant range):
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.20 Direct labor $ 4.30 Variable manufacturing overhead $ 1.60 Fixed manufacturing overhead $ 21,000 Sales commissions $ 2.20 Variable administrative expense $ 0.50 Fixed selling and administrative expense $ 6,000 The incremental manufacturing cost that the company will incur if it increases production from 7,500 to 7,501 units is closest to: Multiple Choice: A. $13.10 B. $15.90 C. $19.40 D. $16.40
Wessner Corporation has provided the following information: Cost per Period Cost per Unit $6.20 $ 2.80...
Wessner Corporation has provided the following information: Cost per Period Cost per Unit $6.20 $ 2.80 $1.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $12,000 $1.00 $ 0.55 $ 4,000 If the selling price is $25.00 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $16.00 o $9.00 o $11.55 o $13.00
4) Pembroke Corporation has provided the following information (4 pts): Cost per Unit Cost per Period Direct materials $ 5.00 Direct labor $ 2.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 21,000 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If 4,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: A) $31,600 B) $35,600 C) $53,400 D) $36,600
Tirri Corporation has provided the following information Cost per Unit Cost per Period Direct materials $ 6.85 Direct labor $ 3.90 Variable manufacturing overhead $ 1.25 Fixed manufacturing overhead $ 22,500 Sales commissions $ 1.00 Variable administrative expense $ 0.55 Fixed selling and administrative expense $ 7,500 If the selling price is $21.20 per unit, the contribution margin per unit sold is closest to: $19.65 O $7.65 O $12.00 O $9.20 Question 17
1) Tirri Corporation has provided the following information Cost per Unit $ 6.85 $ 3.90 S 1.25 Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense S 22,500 S 1.00 S 0.55 S 7,500 If the selling price is $26.20 per unit, the contribution margin per unit sold is closest to A) $12.65 B) S6.65 C) $15.45 D) S9.70
Brault Corporation has provided the following information: Cost per Period Cost per Unit $6.85 $ 3.85 $ 1.25 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $97,200 $ 1.00 $ 0.55 $40,500 If 10.000 units are sold, the variable cost per unit sold is closest to Multiple Choice $22.75 $13.50 $28.80 $11.95
5. Adams Ltd.rents a truck for a flat fee plus an additional charge per mile. What type of cost is the rent? a fixed cost b. mixed cost c. variable cost d. step cost The direct costs of operating a university computer centre would NOT include a. rent paid for computers. b. a fair share of university utilities. c. paper used by the centre d. computer consultants' salaries. 6. 7. The following costs were incurred in May: Direct materials Direct...
Wessner Corporation has provided the following information: Cost per Period Cost per Unit $6.20 $ 2.80 $1.45 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $12,000 $1.00 $ 0.55 $ 4,000 If the selling price is $25.00 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $16.00 o $9.00 o $11.55 o $13.00
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