Homework Answers
| Answer: | |
| 17) | |
| Particulars | Amount (in $ ) |
| Total Costs | $ 13,900 |
| Less: Conversion Costs | ($ 6,000) |
| Direct Materials Cost | $ 7,900 |
| Add: Direct Labor Cost | $ 1,080 |
| Prime Cost | $ 8,980 |
| 18) | |
|
MOH allocation rate = Estimated MOH Costs / Estimated Production = $ 400,000 / 125,000 |
$ 3.20 |
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QUESTION 17 Cliffonds produces desks. The total cost of producing 30 units is $13,900. Their conversion...
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14. Assume that Sweeten Company used cost-plus pricing (and a
markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
units were produced for Job P and 30 units were...
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Round your final answer to nearest whole dollar.)
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markup percentage of 80% of total manufacturing cost) to establish
selling prices for all of its jobs. What selling price would the
company have established for Jobs P and Q? What are the selling
prices for both jobs when stated on a per unit basis assuming 20
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13. If Job Q included 30 units, what was its
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Round your final answer to nearest whole dollar.)
14. Assume that Sweeten Company used cost-plus
pricing (and a markup percentage of 80% of total manufacturing
cost) to establish selling prices for all of its jobs. What selling
price would the company have established for Jobs P and Q? What are
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