Homework Answers
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As per Chegg guidelines when there are more than one question then we have to answer first question.
Please find the answer below.
Statement showing computation:
Per unit cost= Total cost/total units
Total cost= Direct material+ direct labor+ factory overhead
Total cost= 42754+54414+32390= 129558
Per unit cost= 129558/3926= 33
So correct answer is a)$33
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Labels Actual factory overhead Depreciation of equipment Direct labor used Direct materials used Factory overhead applied...
Labels
Actual factory overhead
Depreciation of equipment
Direct labor used
Direct materials used
Factory overhead applied
Factory rent
Factory utilities
Indirect labor
Indirect materials
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Calculator When Job 117 was completed, direct materials totaled $13,328; direct labor, $20,222; and factory overhead, $12,410. A total of 1,915 units were produced at a per-unit cost of Oa. $1,915 Ob $45.960 Oc. $33,550 Od $24 Direct labor and direct materials are Oa. period costs and expensed when incurred Ob. product costs and expensed when incurred Oc: period costs and expensed when the goods are sold Od product costs and expensed when the goods are sold
Consider Derek's budget information: materials to be used totals $63,300; direct labor totals $202,000; factory overhead totals $393,900; work in process inventory January 1, $187,200; and work in progress inventory on December 31, $193,400. What is the budgeted cost of goods manufactured for the year? Oa. $193,400 Ob. $846,400 Oc. $653,000 Od. $659,200
Journalizing the entry to record a job completed would include a debit to Oa. Factory Overhead Ob. Finished Goods Oc. Work in Process Od cost of Goods Sold Selected accounts with a credit amount omitted are as follows: Х Apr. 1 Balance 30 Direct materials 30 Direct labor 30 Factory overhead Work in Process 7,000 Apr. 30 Goods finished 78,400 195,000 136,500 Finished Goods 42,000 387,000 Apr. 1 Balance 30 Goods finished What was the balance of Work in Process...
Direct materials purchased on account Direct materials requisitioned Direct labor cost incurred Factory overhead incurred Cost of goods completed Cost of goods sold Beginning direct materials inventory Beginning WIP inventory Beginning finished goods inventory Overhead application rate, as a percent of direct - labor costs $152,000 85,000 127,000 148,000 286.000 259,000 35,000 65,000 53,000 140 percent The ending balance of work-in-process inventory is O A. $413,000 O B. $454,800 OC. $168,800 OD. $127,000
Labels
Actual factory overhead
Depreciation of equipment
Direct labor used
Direct materials used
Factory overhead applied
Factory rent
Factory utilities
Indirect labor
Indirect materials
Required information (The following information applies to the questions displayed below. Marcelino Co.'s March 31 inventory of raw materials is $84,000. Raw materials purchases in April are $550,000, and factory payroll cost in April is $382,000. Overhead costs incurred in April are: indirect materials, $58,000; indirect labor, $27,000; factory rent, $39,000; factory utilities, $24,000; and factory...
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Darwin Company reports the following information: Sales $76,500 Direct materials used Depreciation on factory equipment Indirect labor 7,300 4,700 5,900 Direct labor 10,500 4,200 Factory rent Factory utilities Sales salaries expense Office salaries expense 1,200 15,600 8,900 1,200 Indirect materials Product costs are Oa. $29,200 Ob. $24,500 Oc. $35,000 Od. $30,300 AssignmentMain.do?invoker=&takeAssignmentSessionLocator=8inprogress=false Calculator Which of the following is not a characteristic of a job order costing system? Oa. It is best suited for industries that manufacture custom goods. Ob. It...
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