26.

part 1[The following information applies to the questions displayed below.] Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and activities are shown below.

	Assembly			Finishing
Direct labor hours		180,000	DLH		148,000	DLH
Machine hours		380,000	MH		91,200	MH
Overhead costs	$	380,000		$	562,400

Assume that the Assembly Department allocates overhead based on machine hours, and the Finishing Department allocates overhead based on direct labor hours. How much total overhead will be assigned to a product that requires 2 direct labor hour and 3.3 machine hours in the Assembly Department, and 4.5 direct labor hours and 0.4 machine hours in the Finishing Department?

part 2Angle Max Industries produces a product which goes through two operations, Assembly and Finishing, before it is ready to be shipped. Next years expected costs and activities are shown below.

	Assembly			Finishing
Direct labor hours		180,000	DLH		148,000	DLH
Machine hours		380,000	MH		91,200	MH
Overhead costs	$	380,000		$	562,400

Assume that the Assembly Department allocates overhead using a plantwide overhead rate based on machine hours. How much total overhead will be assigned to a product that requires 2 direct labor hour and 3.30 machine hours in the Assembly Department, and 4.50 direct labor hours and 0.4 machine hours in the Finishing Department?

part3

The Duerr Company manufactures a single product. All raw materials used are traceable to specific units of product. Current information for the Duerr Company follows:

Beginning raw materials inventory	$	16,000
Ending raw materials inventory		19,000
Raw material purchases		93,000
Beginning work in process inventory		28,000
Ending work in process inventory		38,000
Direct labor		118,000
Total factory overhead		93,000
Beginning finished goods inventory		68,000
Ending finished goods inventory		48,000

The company's cost of raw materials used, cost of goods manufactured and cost of goods sold is:

part4

Richards Corporation uses the weighted-average method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 81,000 units, 80% complete as to materials and 20% complete as to conversion. Units started and completed: 252,000. Units completed and transferred out: 333,000. Ending Inventory: 30,500 units, 30% complete as to materials and 15% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $38,200. Costs in beginning Work in Process - Conversion: $80,700. Costs incurred in October - Direct Materials: $710,130. Costs incurred in October - Conversion: $920,300. Calculate the cost per equivalent unit of materials.

part5 Richards Corporation uses the FIFO method of process costing. The following information is available for October in its Fabricating Department: Units: Beginning Inventory: 95,000 units, 70% complete as to materials and 20% complete as to conversion. Units started and completed: 265,000. Units completed and transferred out: 360,000. Ending Inventory: 37,500 units, 30% complete as to materials and 10% complete as to conversion. Costs: Costs in beginning Work in Process - Direct Materials: $52,200. Costs in beginning Work in Process - Conversion: $94,700. Costs incurred in October - Direct Materials: $802,800. Costs incurred in October - Conversion: $1,091,050. Calculate the cost per equivalent unit of conversion.