Homework Answers
| Computation of Direct manufacturing cost- Skolnick Corporation | ||
| Per Unit | Amount | |
| Direct material | $5.10 | $43,350.00 |
| Direct Labor | $4.60 | $39,100.00 |
| Total | $82,450.00 | |
| Computation of InDirect manufacturing cost | ||
| Per Unit | Amount | |
| Variable Manufacturign Overehad | $1.70 | $14,450.00 |
| Fixed Manufacturing Overehad | $119,000.00 | |
| Total | $133,450.00 | |
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Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.10 $...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $5.60 $ 3.40...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $5.60 $ 3.40 $ 2.20 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $110,500 $1.20 $0.80 $ 36,550 Required: a. If 8,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 8,500 units are produced, what is the total amount of indirect manufacturing costs...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.70 Direct labor $ 3.90 Variable manufacturing overhead $ 2.00 Fixed manufacturing overhead $ 136,000 Sales commissions $ 1.20 Variable administrative expense $ 0.65 Fixed selling and administrative expense $ 39,100 Required: a. If 8,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 8,500 units are produced, what is the total amount...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $ 4.00 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 144,000 $ 1.30 $ 0.70 $ 41,400 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,000 units are produced, what is the total amount...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.50 $...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.50 $ 3.30 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 104,000 $ 1.10 $ 0.75 $ 34,400 Required: a. If 8,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 8,000 units are produced, what is the total amount...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials Direct...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense s 4.70 $ 1.80 $126,000 1.40 s 0.60 s 39,600 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermedi calculations.) b. If 9,000 units are produced, what is the total amount of indirect manufacturing costs...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit $5.90 $ 4.10 $ 2.20 $152,000 $ 1.40 $ 0.30 $ 43,700 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $98,000 $1.00 0.40 $30,800 Required: a. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations. .If 7,000 units are produced, what is the toteramount of indirect manufacturing costs incurred? a. Total direct manufacturing...
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:
Learned Corporation has provided the following information: Costper Unit Cost per Period Direct materials $...
Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.40 Direct labor $ 3.80 Variable manufacturing overhead $ 1.40 Fixed manufacturing overhead $ 38,250 Sales commissions $ 0.80 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 12,750 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 8,500 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 8,500...
Walsh Corporation has provided the following information: 2 Cost per Unit Cost per Period Direct materials...
Walsh Corporation has provided the following information: 2 Cost per Unit Cost per Period Direct materials $6.90 Direct labor $ 3.90 Variable manufacturing overhead 1.70 Fixed manufacturing overhead 25,200 Sales commissions $ 1.50 Variable administrative expense 0.55 $ 8,100 Fixed selling and administrative expense $ If 5,000 units are produced, the total amount of manufacturing overhead cost is closest to: Select one: a. $13.65 b. $12.05 C. $10.65 d. $16.05 A
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $5.60 $ 3.40 $ 2.20 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $110,500 $1.20 $0.80 $ 36,550 Required: a. If 8,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 8,500 units are produced, what is the total amount of indirect manufacturing costs...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.80 $ 4.00 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 144,000 $ 1.30 $ 0.70 $ 41,400 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,000 units are produced, what is the total amount...
Skolnick Corporation has provided the following information: Cost per Period Cost per Unit $ 5.50 $ 3.30 $ 2.10 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $ 104,000 $ 1.10 $ 0.75 $ 34,400 Required: a. If 8,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 8,000 units are produced, what is the total amount...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense s 4.70 $ 1.80 $126,000 1.40 s 0.60 s 39,600 Required: a. If 9,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermedi calculations.) b. If 9,000 units are produced, what is the total amount of indirect manufacturing costs...
Skolnick Corporation has provided the following information: Cost per Period Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense Cost per Unit $5.90 $ 4.10 $ 2.20 $152,000 $ 1.40 $ 0.30 $ 43,700 Required: a. If 9,500 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations.) b. If 9,500 units are produced, what is the total amount of indirect...
Skolnick Corporation has provided the following information: Cost per Unit Cost per Period 6.10 4.30 $1.40 Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Sales commissions Variable administrative expense Fixed selling and administrative expense $98,000 $1.00 0.40 $30,800 Required: a. If 7,000 units are produced, what is the total amount of direct manufacturing cost incurred? (Do not round intermediate calculations. .If 7,000 units are produced, what is the toteramount of indirect manufacturing costs incurred? a. Total direct manufacturing...
Walsh Corporation has provided the following information: 2 Cost per Unit Cost per Period Direct materials $6.90 Direct labor $ 3.90 Variable manufacturing overhead 1.70 Fixed manufacturing overhead 25,200 Sales commissions $ 1.50 Variable administrative expense 0.55 $ 8,100 Fixed selling and administrative expense $ If 5,000 units are produced, the total amount of manufacturing overhead cost is closest to: Select one: a. $13.65 b. $12.05 C. $10.65 d. $16.05 A
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