Question

22-21) Tiscara Compaay 5400 of direct materials and 10 ditbr ours al 530 per hour manofachures insulation and spplies manufacturing overhond cots t overlcad rate of $10 per direct labor-hour. Job A-188 Tisuara Compeny proddaction at a pre-detcemined 22 What is the total costs of Job A-1887 C) 5300 D) S100 23. IF 10 units are completed for Job A-188, what is the unit product cost of Job A-1 88 A) $10 B)$40 C) STO D) $80 24. The salary paid to the CTO of a company would be classified as a() A) administrative expense. B) direct labor cost C) manufacturing overhead cost D) selling expemse 25. The following costs were incarred in May: Direct materials Direct laboe Manufacturing overbead Selling expenses Administrative expenses S 41,000 $ 13,000 5 46,000 S 18,000 s 15,000 Conversion costs during the month totaled A) $54,000 B) $133,000 C) $39,000 D) $87,000

Answer 1

22. Total cost of Job A-188

Direct material	$400
Direct labour	$300
Manufacturing Overheads	$100
Total cost	$800

A) $800

23. D. $80

Total cost	$800
Number of units	10
Cost per unit	$80

24. A. Administrative expense

25. C. $59000

Conversion costs = Direct labour + manufacturing overhead

= 13000 + 46000 = $59,000