A)

For the Assembly Department, unit materials cost is $8 and unit conversion cost is $12. If there are 4,000 units in ending work in process 75% complete as to conversion costs, the costs to be assigned to the inventory are

$80,000. $68,000. $60,000. $72,000.

B)

Lagerfeld Company reported the following results from the sale of 5,000 hammers in May: sales $200,000; variable costs $120,000; fixed costs $60,000; and net income $20,000. Assume that Lagerfeld increases the selling price of hammers by 10% on June 1. How many hammers will have to be sold in June to maintain the same level of net income?

4,000. 4,300. 4,500. 5,000.

C)

Dolce Company is planning to sell 400,000 hammers for $1.50 per unit. The contribution margin ratio is 20%. If Dolce will break even at this level of sales, what are the fixed costs?

$120,000. $280,000. $400,000. $480,000.

D)

If 30,000 units are started into production and 12,000 units are in process at the end of the period, how many units were completed and transferred out?

30,000 units. 12,000 units. 18,000 units. 42,000 units.