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4) What is Leslie's gross margin (or gross profic? A) $103,000 B) 5152,000 C) $341,000 D) $317,000 5) How much of the above would be

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4) What is Leslie's gross margin (or gross profic? A) $103,000 B) 5152,000 C) $341,000 D) $317,000 5) How much of the above would be considered period costs for Leslie Manufacturing? A) $104,000 B) 3140,000 C) $150,000 D) $147,000 6) Glass House Manufacturing currently produces 1,000 glasses per month. The following per unit data for thousand apply for sales to regular customers: Direct materials Direct manufacturing labor4 Variable manufacturing overhead 70 Fixed manufacturing overhead 50 Total manufacturing costs SA10 The plant has capacity for 2,000 glasses. Plant supervisors salary is $15,000. Required: a. What is the total cost of producing 1,000 glasses? b. What is the total cost of producing 1,500 glasses? c. What is the per unit cost when producing 1,500 glasses? 7) Mario Garcia is paid S$20 an hour for straight-time and s$30 an hour for overtime. One week she worked 42 hours, which included 2 hours of overtime. What is the overhead incurred to the company? A) $60 B) S10 C) S30 D) $20 8) Dave Rigby is paid $30 an hour for straight-time and $40 an hour for overtime. One week he worked 45 hours, which included 5 hours of overtime, and 3 hours of idle time caused by material shortages. What is the direct labor cost incurred to the company? A) $ 1,260 B) S1,400 C) S1,310 D) $1,210 2|Page

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