17. Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:

Total machine-hours 30,700

Total fixed manufacturing overhead cost $ 337,700

Variable manufacturing overhead per machine-hour $ 4.00

Recently, Job T687 was completed with the following characteristics:

Number of units in the job 10

Total machine-hours 20

Direct materials $ 575

Direct labor cost $ 1,150

The unit product cost for Job T687 is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$87.50

$101.25

$172.50

$202.50

18. Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $310,800, variable manufacturing overhead of $2.40 per machine-hour, and 42,000 machine-hours. The company has provided the following data concerning Job A496 which was recently completed:

Number of units in the job 10

Total machine-hours 80

Direct materials $ 820

Direct labor cost $ 1,640

The unit product cost for Job A496 is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

$246.00

$30.75

$40.55

$324.40

19. Beamish Inc., which produces a single product, has provided the following data for its most recent month of operations:

Number of units produced 7,000

Variable costs per unit:

Direct materials $ 149

Direct labor $ 98

Variable manufacturing overhead $ 6

Variable selling and administrative expense $ 16

Fixed costs:

Fixed manufacturing overhead $ 245,000

Fixed selling and administrative expense $ 483,000

There were no beginning or ending inventories. The absorption costing unit product cost was:

Multiple Choice

$247 per unit

$288 per unit

$253 per unit

$373 per unit

20. A company that produces a single product had a net operating income of $76,000 using variable costing and a net operating income of $96,910 using absorption costing. Total fixed manufacturing overhead was $51,510 and production was 10,100 units. This year was the first year of operations. Between the beginning and the end of the year, the inventory level:

Multiple Choice

decreased by 20,910 units

increased by 20,910 units

decreased by 4,100 units

increased by 4,100 units

21. Uchimura Corporation has two divisions: the AFE Division and the GBI Division. The corporation's net operating income is $12,500. The AFE Division's divisional segment margin is $85,100 and the GBI Division's divisional segment margin is $49,500. What is the amount of the common fixed expense not traceable to the individual divisions?

Multiple Choice

$97,600

$122,100

$62,000

$134,600

22. WV Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $102,000 annually and one salaried estimator who is paid $56,000 annually. The corporate office has two office administrative assistants who are paid salaries of $60,000 and $42,000 annually. The president's salary is $168,000. How much of these salaries are common fixed expenses?

Multiple Choice

$168,000

$270,000

$102,000

$358,000