Answer 1
Particulars | DM | DL | IM | IL | Other MOH | Period |
Airplane seats | 250 | |||||
Production SuperVisor's Salaries | 130 | |||||
Depreciation on Fork Lifts | 20 | |||||
Machine Lubricants | 60 | |||||
Factory Jenitors' Wages | 55 | |||||
Assembly Workers' Wages | 630 | |||||
Property Tax on Corporate Marketing Office | 35 | |||||
Plant Utilities | 160 | |||||
Cost of Warranty Repairs | 235 | |||||
Machine Operator's Health Insurance | 40 | |||||
Depreciation on Administrative offices | 120 | |||||
Cost of designing new plant lay out | 180 | |||||
Jet Engines | 1700 | |||||
Total | 1950 | 670 | 60 | 185 | 180 | 570 |
Answer 2: Total Manufacturing Overhead Costs= IM+IL+Other MOH
= 60+185+180
=425
Answer 3 Total Inventoriable Product Cost = DM+DL+Total Manufacturing OH
=1950+670+425
=3,045
Answer 4 Total Prime Costs = DM+DL
=1950+670
=2,620
Answer 5 Total conversion Costs = DL+ Total Manufacturing Overhead
=670+425
=1,095
Answer 6 Total Period Costs are 570
Note: All figures are in $
As picture is not clear please excuse me if any figure is wrong.
This Question 17 of 296 cod This Test: 29 pts possible 0 Ana mature mured the...
ed the followips.coste last month (in thousands of dollars): costs.) Data Table cost object turing overhe the table leay ct labor (DL), indire ency amounts in thi 0 310 0 140 20 0 0 0 alaries factory 0 a. Airplane seats b. Production supervisors' salaries.. Depreciation on forklifts in factory Machine lubricants e. Factory janitors' wages.. f. Assembly workers' wages..... g. Property tax on corporate marketing office .. h. Plant utilities Cost of warranty repairs ........ Machine operators' health insurance...
manufacturer incurred the following costs last month (in thousands of dollars); the loon to view the costs) requirements action supervisors' salaries eciation on forklifts in factory ine lubricants wry janitors' wages mbly workers' wages erty tax on corporate marketing offices utilities of warranty repairs nine operators' health insurance eciation on administrative offices of designing new plant layout ngines - Data Table ment 2. Calculate total manufact ermine the formula, then calculate nd not in dollars) $ 300 b. $ 180...
Requirement 1. Assuming the cost object is an airplane, classif manufacturing overhead (other MOH), or period cost. What is the total for each type of cost? (Enter currency amounts in thousands and not in doll box empty, do not enter a zero.) fy each cost as one of the following direct material (DM), direct labor (DL), indirect labor (IL), indirect materials (IM), other ars. If a box is not used in the table leave th Other DM DL IM IL...
Data Table 250 120 30 30 35 $680 45 110 220 80 90 175 $ 1,200 c. Depreciation on forklifts in factory g. Property tax on corporate marketing office j. Machine operators' health insurance k. Depreciation on administrative offices I. Cost of designing new plant layout Print Done Homework: HW #1 -Chapter 2 Score: 0 of 1 pt E2-21A (similar to) Save 5 of 10 (0 complete) HW Score: 0%, 0 of 10 pts Question Help An airline manufacturer incurred...
core: 0 of 5 pts 3 of 8 (0 2-21A (similar to) n a (Click the icon to view the costs.) 1. Assuming the cost object is an airplane, classify each cost as one of the following direct material (DM), direct labor (DL), ind enod cost. What is the total for each type of cost? (Enter currency amounts in thousands and not in dollars. If a box is not used in the table I DM DL IM IL MOH Period...
1.
If the cost object is an airplane, classify each cost as one of
the following: direct material (DM), direct labour (DL),
indirect labour (IL), indirect materials (IM), other
manufacturing overhead (other MOH), or period cost. What is the
total for each type of cost?
2.
Calculate total manufacturing overhead costs.
3.
Calculate total inventoriable product costs.
4.
Calculate total prime costs.
5.
Calculate total conversion costs.
6.
Calculate total period costs.
An aircraft manufacturer incurred the following costs last...
Purchased 41,800 yards at a total cost of $434,720 Used 38,800 yards in producing 1,900 awnings Actual direct labor cost of $67,100 for a total of 5,500 hours Actual variable MOH $22,550 Actual fixed MOH $47,800 Standards: Direct materials 21.0 yards per awning at $11.00 per yard Direct labor 3.0 hours per awning at $12.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $8.00 per direct labor hour Total budgeted fixed MOH...
E2-21A Classify and calculate a manufacturer's costs (Learning Objectives 2 & 4) An airline manufacturer incurred the following costs last month (in thousands of dollars): b. Production supervisors' salaries.... c. Depreciation on forklifts in factory d. Machine lubricants $ 35 f. As sembly workers' wages 620 $ 30 $ 120 260 S 10 $ 60 $ 170 g. Property tax on corporate marketing offic......... i. Cost of warranty repairs j. Machine operators' health insurance.. k. Depreciation on administrative offices I....
Standard Price and Volume Standards: Direct materials 21.0 yards per awning at $15.00 per yard Direct labor 5.0 hours per awning at $17.00 per hour Variable MOH standard rate $4.00 per direct labor hour Predetermined fixed MOH standard rate $7.00 per direct labor hour Total budgeted fixed MOH cost $78,200 Print Done X Actual Results 1 Purchased 51,750 yards at a total cost of $755,550 Used 47,500 yards in producing 2,300 awnings Actual direct labor cost of $194,256 for a...
This Test: 29 pls poble Suppose Accessory Shack incurred the following costs at its Orlando, Florida, store Click the icon to view the cous) Read the rements Requirements 1 and 2. Classy each of these costs cording to its place in the value chain, then calculate the total cost for each chain category, a boxis not used in the tableave the box omply do not enter a zero) Accessory Shack Value Chain Cost Classification Customer Rand D Design Purchases Marketing...