$31.$ The following production data were taken from the records of the finishing department for June:

Inventory in process, June $1,25\%$ completed $500$ units

Transferred to finished goods during June $4,600$ units

Equivalent units of production during June $5,035$ units

Determine the number of equivalent units of production in the June $30,$ finishing department inventory, assuming that the first$-$in$,$ first$-$out method is used to cost inventories. The completion percentage of $25\%$ applies to both direct materials and conversion costs.

a$.840$ units

b$.672$ units

c$.560$ units

d$.448$ units

$32.$ Kaumajet Factory produces two products: table lamps and desk lamps. It has two separate departments: Fabrication and Assembly. The factory overhead budget for the Fabrication Department is $$783,256,$ using $515,300$ direct labor hours. The factory overhead budget for the Assembly Department is $$698,112,$ using $86,400$ direct labor hours.

If a table lamp requires $4$ hours of fabrication and $7$ hour of assembly, the amount of factory overhead that Kaumajet Factory will allocate to each unit of table lamp using the multiple production department factory overhead rate method with an allocation base of direct labor hours is

a$.$ $$188\mathrm{.}59$

b$.$ $$17\mathrm{.}14$

c$.$ $$8\mathrm{.}08$

d$.$ $$62\mathrm{.}64$

$33.$ Panamint Systems Corporation is estimating activity costs associated with producing disk drives, tapes drives, and wire drives. The indirect labor can be traced to four separate activity pools. The budgeted activity cost and activity base data by product are provided below.

Activity Cost

Activity Base

Procurement $$374,700$ Number of purchase orders

Scheduling $232,000$ Number of production orders

Materials handling $490,800$ Number of moves

Product development $791,200$ Number of engineering changes

Production $1,498,000$ Machine hours

Number of

Purchase

Orders

Number of

Production

Orders

Number

of

Moves

Number of

Engineering

Changes

Machine

Hours

Number

of

Units

Disk drives $3,8303301,220152,1001,800$

Tape drives $1,70013580089,2004,100$

Wire drives $11,8009503,9002811,1002,800$

The activity rate for the scheduling activity cost pool is

a$.$ $$21\mathrm{.}62$ per production order

b$.$ $$66\mathrm{.}88$ per production order

c$.$ $$163\mathrm{.}96$ per production order

d$.$ $$264\mathrm{.}81$ per production order

$34.$

Dawson Company manufactures small table lamps and desk lamps. The following shows the activities per product and the total overhead information:

Units Setups Inspections Assembly $($dlh$)$

Small table lamps $2,9003,1009,45040,800$

Desk lamps $9,1006,20015,75040,800$

Activity Total Activity$-$Base Usage Budgeted Activity Cost

Setups $9,300$ $$89,280$

Inspections $25,200126,000$

Assembly $($dlh$)71,400285,600$

The total factory overhead to be allocated to desk lamps is

a$.$ $$301,470$

b$.$ $$361,764$

c$.$ $$542,646$

d$.$ $$150,735$

$35.$

The manufacturing costs of Calico Industries for three months of the year are provided below:

Total Cost Production $($units$)$

April $$111,100278,700$

May $90,100169,400$

June $103,300246,500$

Using the high$-$low method, the variable cost per unit and the total fixed costs are

a$.$ $$3\mathrm{.}42$ per unit and $$5,815$

b$.$ $$0\mathrm{.}19$ per unit and $$58,147$

c$.$ $$0\mathrm{.}34$ per unit and $$29,074$

d$.$ $$1\mathrm{.}90$ per unit and $$5,815$

$36.$

Variable costs as a percentage of sales for Lemon Inc. are $72\%,$ current sales are $$549,000,$ and fixed costs are $$197,000.$ How much will operating income change if sales increase by $$46,500?$

a$.$ $$13,020$ decrease

b$.$ $$13,020$ increase

c$.$ $$33,480$ decrease

d$.$ $$33,480$ increase

$37.$

If a business had sales of $$3,769,000$ and a margin of safety of $20\%,$ the break$-$even point was

a$.$ $$4,522,800$

b$.$ $$753,800$

c$.$ $$3,015,200$

d$.$ $$6,784,200$

$38.$ The debits to Work in Process$$Assembly Department for April, together with data concerning production, are as follows:

April $1,$ work in process:

Materials cost, $3,000$ units $$7,900$

Conversion costs, $3,000$ units, $80\%$ completed $5,300$

Materials added during April, $10,000$ units $25,600$

Conversion costs during April $33,000$

Goods finished during April, $11,500$ units $$

April $30,$ work in process, $1,500$ units, $60\%$ completed $$

All direct materials are placed in process at the beginning of the process, and the weighted average method is used to cost inventories.

The materials cost per equivalent unit $($to the nearest cent$)$ for April is

a$.$ $$2\mathrm{.}58$

b$.$ $$2\mathrm{.}31$

c$.$ $$2\mathrm{.}91$

d$.$ $$3\mathrm{.}35$

$39.$ Aspen Technologies has the following budget data:

Estimated direct labor hours $8,900$

Estimated direct labor dollars $$54,400$

Estimated factory overhead costs $$179,900$

If factory overhead is to be applied based on direct labor hours, the predetermined overhead rate is

a$.$ $$30\mathrm{.}32$

b$.$ $$16\mathrm{.}17$

c$.$ $$20\mathrm{.}21$

d$.$ $$24\mathrm{.}26$