Homework Answers
| Glew Corporation | ||
| Cost per unit | Variable cost | |
| Units produced | 4,000.00 | |
| Direct materials | 6.00 | 24,000.00 |
| Direct labor | 3.35 | 13,400.00 |
| Variable manufacturing overhead | 1.75 | 7,000.00 |
| Total Variable cost | 44,400.00 | |
| Add: | ||
| Fixed manufacturing overhead | 8,800.00 | |
| Total product cost | 53,200.00 | |
| So Answer is $ 53,200. |
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Glew Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.75 $3.70 $1.35 $12,500 $1.00 $0.60 $ 6,300 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $11,500 $24,200 $13,900 $17,900
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.75 $3.70 $1.35 $12,500 $1.00 $0.60 $ 6,300 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice О O $11,500 $24,200 О O $13,900 О O $17,900
Bellucci Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Bellucci Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per cost per Unit Period $7.10 $3.95 $1.75 $105,300 $1.00 $0.50 $ 36,450 The incremental manufacturing cost that the company will incur if it increases production from 9,000 to 9,001 units is closest to (assume that the increase is within the relevant range): Multiple Choice $26.75 Oo oo $12.80 $30.05 UUULI MIL....
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.40 $3.50 $1.35 $18,900 $1.50 $0.80 $ 6,300 if 8,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Tirrt Corporation has provided the following Information Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Tirrt Corporation has provided the following Information Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $7.55 $3.95 $1.60 $24,500 $1.10 $ 8,900 If the selling price is $28.20 per unit, the contribution margin per unit sold is closest to: 1 0 0 0 0
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.00 $3.90 $1.40 $13,200 $1.80 $0.80 $ 6,600 If 5,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to: Multiple Choice O $25,300 O $20,900 $13,200 o $7,700
Bellucci Corporation has provided the following Information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Bellucci Corporation has provided the following Information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Cost per Unit Period $6.80 $3.70 $1.30 $113,050 $1.25 $0.60 $ 40,850 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): Multiple Choice O $26.70 O $11.30 O $29.85 o...
Learned Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Learned Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales comissions Variable administrative expense Fixed selling and administrative expense Cost per cost per Unit Period $6.20 $ 4.20 $ 1.80 $32,000 $ 0.62 $8.50 $11,200 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,000 units?...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.20 $3.10 $1.35 $14,000 $1.50 $0.40 $ 4,500 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: Multiple Choice 0 $63,900 0 $55,800 0 $64,800 0 $80,700 Corporate legal office salaries $68,000 Shoe Department cost of sales--Brentwood $66,000 Store Corporate...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.05 $3.50 $1.65 $11,000 $1.00 $0.40 $ 5,500 If the selling price is $18.70 per unit, the contribution margin per unit sold is closest to: Multiple Choice o $1.80 o 0 $5.10 $5.10 o 0 $8.15 $8.15 o o $4.30 Rhome Corporation's relevant range of activity is...
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.75 $3.70 $1.35 $12,500 $1.00 $0.60 $ 6,300 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice $11,500 $24,200 $13,900 $17,900
Schwiesow Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.75 $3.70 $1.35 $12,500 $1.00 $0.60 $ 6,300 If 4,000 units are produced, the total amount of manufacturing overhead cost is closest to: Multiple Choice О O $11,500 $24,200 О O $13,900 О O $17,900
Bellucci Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per cost per Unit Period $7.10 $3.95 $1.75 $105,300 $1.00 $0.50 $ 36,450 The incremental manufacturing cost that the company will incur if it increases production from 9,000 to 9,001 units is closest to (assume that the increase is within the relevant range): Multiple Choice $26.75 Oo oo $12.80 $30.05 UUULI MIL....
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.40 $3.50 $1.35 $18,900 $1.50 $0.80 $ 6,300 if 8,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Tirrt Corporation has provided the following Information Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit Cost per Period $7.55 $3.95 $1.60 $24,500 $1.10 $ 8,900 If the selling price is $28.20 per unit, the contribution margin per unit sold is closest to: 1 0 0 0 0
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $7.00 $3.90 $1.40 $13,200 $1.80 $0.80 $ 6,600 If 5,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to: Multiple Choice O $25,300 O $20,900 $13,200 o $7,700
Bellucci Corporation has provided the following Information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Cost per Unit Period $6.80 $3.70 $1.30 $113,050 $1.25 $0.60 $ 40,850 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): Multiple Choice O $26.70 O $11.30 O $29.85 o...
Learned Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales comissions Variable administrative expense Fixed selling and administrative expense Cost per cost per Unit Period $6.20 $ 4.20 $ 1.80 $32,000 $ 0.62 $8.50 $11,200 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,000 units?...
Kesterson Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost Cost per per Period Unit $6.20 $3.10 $1.35 $14,000 $1.50 $0.40 $ 4,500 If 6,000 units are produced, the total amount of direct manufacturing cost incurred is closest to: Multiple Choice 0 $63,900 0 $55,800 0 $64,800 0 $80,700 Corporate legal office salaries $68,000 Shoe Department cost of sales--Brentwood $66,000 Store Corporate...
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