1.  HOW MUCH IS THE CONVERSION COST

2. HOW MUCH IS THE RAW MATERIALS END

                 3.  HOW MUCH IS THE PRIME COST

                4. HOW MUCH IS THE COST OF GOODS SOLD

                5. HOW MUCH IS THE COST OF GOODS PLACE IN PROCESS

                 6. HOW MUCH IS THE WORK IN PROCESS BEGINNING

2.  At a sales volume of 20,000 units, total costs are 55,000. The company's variable cost per unit is 1.50? Assuming that is within the relevant range, what is the total cost at 30,000 units?

 

3. A partial listing of costs incurred during March at TAYLOR Corporation appears below:

 

Factory supplies                                          9,000

Administrative wages and salaries              85,000     

Direct materials                                          26,000

Sales staff salaries                                       30,000     

Factory depreciation                                  33,000

Corporate headquarters building rent         43,000     

Indirect labor                                             26,000     

Marketing performance bonus                   65,000      

Direct labor                                                99,000.

 

What is the:

1. PERIOD COST FUNCTION IF SALES & PRODUCTION IS 5,000 UNITS
2. SALES & PRODUCTION IS 5,000 UNITS. WHAT IS THE DIRECT MATERIAL COST PER UNIT
3. PRODUCT COST FUNCTION IF SALES & PRODUCTION IS 5,000 UNITS
4. TOTAL PRODUCT COST
5. TOTAL PERIOD COST

ABC Company has provided the following data for the month of August: August 1 August 31 $8,000 15,000 9,000 $14,000 $25,000 $35,000 Raw materials inventory Work in process inventory. Finished goods inventory... Other Data: Sales ******** Manufacturing overhead costs. Direct labor Purchase of raw materials Administrative expenses. Cost of goods manufactured . Selling expenses. ************** ******** $350,000 $44,000 $80,000 $94,000 $40,000 *$206,000 $15,000