Homework Answers
Correct answer--------------increase by $210
Working
| Per Unit | Total | |
| Direct material | $ 18.00 | $ 180 |
| Direct labor | $ 1.00 | $ 10 |
| Variable manufacturing overheads | $ 2.00 | $ 20 |
| Total Additional cost due to increase in 10 units | $ 21.00 | $ 210 |
The fixed cost will not change in total hence fixed cost will not be incurred for 10 additional units.
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Question 3 2.5 pts Manufacturing costs for product X include direct materials $18 per...
7. Manufacturing costs for product X include direct variable overhead S2 per unit, and fixed ovuthead...
7. Manufacturing costs for product X include direct variable overhead S2 per unit, and fixed ovuthead S3 per un for product X include direct materials $18 per unit, direct labor $1 per uc oil, and fixed overhead S3 per unit for a total of 524 per unit. If producti Volume is increased by 10 thnits, how much will total manufacturing costs change in die tal manufacturing costs change in the short tern Assume that the new production volume is in...
please show work/give explaination ولادیم 6. Compute purchases of new merchandise during the period using the...
please show work/give explaination
ولادیم 6. Compute purchases of new merchandise during the period using the following data: Cost of beginning inventory $40 Cost of goods sold (COGS) $140 Cost of ending inventory $30 A. $10 8 $130- C. $150 D. $210 not enough information-need data on fixed and variable COGS X Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for...
please help. thank you! Question 20 2.5 pts Estimate unit variable costs. Production volume was 10...
please help. thank you!
Question 20 2.5 pts Estimate unit variable costs. Production volume was 10 units. fire insurance $100 depreciation $240 rent $200 assembly workers' wages $500 production supervisor's salary $120 direct materials $300 O $80 per unit O $104 per unit O $50 per unit O not enough information -- it depends on whether the relevant range is fixed or variable $30 per unit
need help thank you. Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume...
need help thank you.
Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume in units month 1 $155 29 month 2 $95 month 3 $125 19 month 4 $185 24 O $4.00 per hour $6.00 per hour O $3.00 per hour not enough information -- need to know the contribution margin statement in the relevant range $4.50 per hour
please hekp me. Question 18 2.5 pts At current production volume of 1,000 units, variable costs...
please hekp me.
Question 18 2.5 pts At current production volume of 1,000 units, variable costs are $2 per unit and fixed costs are $3 per unit, for a total unit cost of $5 per unit. Predict total costs at production volume of 900 units. O $4,500 O $4,800 not enough information -- need to know the total cost equation O $1,800 0 $4,700
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts...
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
Average Cost per Unit Direct Materials $12 Direct Labor Indirect Materials Fixed manufacturing overhead Variable manufacturing...
Average Cost per Unit Direct Materials $12 Direct Labor Indirect Materials Fixed manufacturing overhead Variable manufacturing overhead Fixed selling and administrative expenses Variable sales commissions E. IF 19,000 units are produced, what are the total manufacturing overhead costs incurred? Total manufacturing overhead costs $ F. If 24,000 units are produced, what are the total manufacturing overhead costs incurred? Total manufacturing overhead costs $ G. If 19,000 units are produced, what are the per unit manufacturing overhead costs incurred? If required,...
need some help. thank you Question 9 2.5 pts X Company's cost of goods sold (COGS)...
need some help. thank you
Question 9 2.5 pts X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's total COGS and total SG&A costs: not enough information O COGS = increase by 15%;...
1-The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing...
1-The sum of all manufacturing costs except for direct materials and direct labor is called manufacturing overhead. a) True b) False 2- If the fixed cost per unit is $15 and the variable cost per unit is $0.5, and the units produced are 10,000 units. Then what is the total cost if the units produced are 20,000? a)$160,000 b)$150,000 c)$310,000 d)$155,000 3- Conversion cost equals product cost less direct materials cost. a) True b) False 4- During the month of...
please show work/give explaination 13. X Company's cost of goods sold (COGS) includes direct materials, direct...
please show work/give explaination
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7. Manufacturing costs for product X include direct variable overhead S2 per unit, and fixed ovuthead S3 per un for product X include direct materials $18 per unit, direct labor $1 per uc oil, and fixed overhead S3 per unit for a total of 524 per unit. If producti Volume is increased by 10 thnits, how much will total manufacturing costs change in die tal manufacturing costs change in the short tern Assume that the new production volume is in...
please show work/give explaination
ولادیم 6. Compute purchases of new merchandise during the period using the following data: Cost of beginning inventory $40 Cost of goods sold (COGS) $140 Cost of ending inventory $30 A. $10 8 $130- C. $150 D. $210 not enough information-need data on fixed and variable COGS X Manufacturing costs for product X include direct materials $18 per unit, direct labor $1 per unit, variable overhead $2 per unit, and fixed overhead $3 per unit, for...
please help. thank you!
Question 20 2.5 pts Estimate unit variable costs. Production volume was 10 units. fire insurance $100 depreciation $240 rent $200 assembly workers' wages $500 production supervisor's salary $120 direct materials $300 O $80 per unit O $104 per unit O $50 per unit O not enough information -- it depends on whether the relevant range is fixed or variable $30 per unit
need help thank you.
Question 17 2.5 pts Estimate unit variable cost Total costs Activity volume in units month 1 $155 29 month 2 $95 month 3 $125 19 month 4 $185 24 O $4.00 per hour $6.00 per hour O $3.00 per hour not enough information -- need to know the contribution margin statement in the relevant range $4.50 per hour
please hekp me.
Question 18 2.5 pts At current production volume of 1,000 units, variable costs are $2 per unit and fixed costs are $3 per unit, for a total unit cost of $5 per unit. Predict total costs at production volume of 900 units. O $4,500 O $4,800 not enough information -- need to know the total cost equation O $1,800 0 $4,700
O Variable costs per unit remain the same regardless of the volume. Question 7 2.5 pts Which of the following costs are most likely to be classified as variable? Factory rent Manager salaries Insurance Direct materials Straight-line depreciation 2.5 pts Question 8 Which of the following costs are most likely to be classified as fixed? Differential cost Question 6 2.5 pts Which one of the following statements is not true? Total fixed costs remain the same regardless of volume within...
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need some help. thank you
Question 9 2.5 pts X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's total COGS and total SG&A costs: not enough information O COGS = increase by 15%;...
please show work/give explaination
13. X Company's cost of goods sold (COGS) includes direct materials, direct labor, depreciation on production equipment, and factory rent. The company's selling, general, and administrative (SG&A) costs include sales office rent, sales staff salaries, and sales commissions. When sales volume increases by 15% in the short term, which of the following is true for the company's costs: total COGS total SG&A costs A increase by 15% no change B n o change increase by 15%...
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