Question

1. Davidson Corporation manufactured 54,500 units during September. The following fixed overhead data relates to? September:

	Actual	Static Budget
Production	54,500 units	54,000 units
Machine?hours	2,550 hours	2,700 hours
Fixed overhead costs for September	$118,500	$118,800

What is the amount of fixed overhead allocated to? production?

A. $118,800

B. $54,500

C. $118,500

D. $119,900

2. Charlie Chairs? Inc., manufactures plastic moldings for car seats. Its costing system utilizes two cost? categories, direct materials and conversion costs. Each product must pass through Department A and Department B. Direct materials are added at the beginning of production. Conversion costs are allocated evenly throughout production.

Data for Department A for February 2017 are?:
?????Work in? process, beginning? inventory, 40?% converted	520 units
?????Units started during February	960 units
?????Work in? process, ending inventory	300 units
Costs for Department A for February 2017 are?:
?????Work in? process, beginning? inventory:
??????????Direct materials	$182,000
??????????Conversion costs	$208,000
?????Direct materials costs added during February	$601,000
?????Conversion costs added during February	$428,000

What is the unit cost per equivalent unit of beginning inventory in Department? A? (Round the final answer to the nearest whole? dollar.)

A. $350

B. $2,300

C. $1,350

D. $650

Answer 1

Solution for 1:- (d) : $119900

Fixed Overhead allocated to production= Static Overhead /Static Unit X Actual Units

= $118800/54000 X 54500= $119900

Note: As per HOMEWORKLIB POLICY first question can be solved