Homework Answers
Total indirect manufacturing cost=Total Variable manufacturing overhead+Total fixed manufacturing overhead
=(1.35*8000)+18900
which is equal to
=$29700
NOTE:Total fixed costs and variable cost per unit do not change with change in units
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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...
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
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 $ 7.15 Direct labor $ 4.20 Variable manufacturing overhead $ 1.55 Fixed manufacturing overhead $ 18,900 Sales commissions $ 2.10 Variable administrative expense $ 0.40 Fixed selling and administrative expense $ 4,900 If 7,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
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 $ 6.75 Direct labor $ 3.40 Variable manufacturing overhead $ 1.70 Fixed manufacturing overhead $ 25,200 Sales commissions $ 1.30 Variable administrative expense $ 0.30 Fixed selling and administrative expense $ 6,300 If 11,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
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...
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
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...
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Lagle Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 4.65 Direct labor $ 3.50 Variable manufacturing overhead $ 1.35 Fixed manufacturing overhead $ 14,400 Sales commissions $ 1.50 Variable administrative expense $ 0.45 Fixed selling and administrative expense $ 6,300 For financial reporting purposes, the total amount of period costs incurred to sell 6,000 units is closest to: Multiple Choice $18,000 $11,700 $6,300 $14,400
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?...
Glew Corporation has provided the following information: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing...
Glew 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 Unit Period $6.00 $3.35 $1.75 $8,800 $1.00 $0.40 $4,000 For financial reporting purposes, the total amount of product costs incurred to make 4.000 units is closest to: Multiple Choice $57.200 $44,400 ( $8.800 $53.200
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
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 $7.75 $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
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...
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?...
Glew 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 Unit Period $6.00 $3.35 $1.75 $8,800 $1.00 $0.40 $4,000 For financial reporting purposes, the total amount of product costs incurred to make 4.000 units is closest to: Multiple Choice $57.200 $44,400 ( $8.800 $53.200
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