Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A. Paolucci Corporation's relevant range of activity is 8,100 units to 16,500 units. When it produces and sells 12,300 units, its average costs per unit

A. Paolucci Corporation's relevant range of activity is 8,100 units to 16,500 units. When it produces and sells 12,300 units, its average costs per unit are as follows: If 11,300 units are sold, the variable cost per unit sold is closest to: $20.60 / $12.95 / $16.35 / $15.00 ?

image text in transcribed

B. If Paolucci Corporation's Corporation has provided the following information below and 11,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to: $19,550 / $48,200 / $44,750 / $25,200 ?

image text in transcribed

C. If Paolucci Corporation's has provided the following information below and the selling price is $20.90 per unit, the contribution margin per unit sold is closest to: $3.75 / $5.30 / $7.15 / $10.25 ?

image text in transcribed

D. Paolucci' 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 80,000
Total fixed manufacturing overhead cost $ 312,000
Variable manufacturing overhead per machine-hour $ 2.10

Recently, Job T629 was completed with the following characteristics:

Number of units in the job 50
Total machine-hours 200

The predetermined overhead rate is closest to? $8.10 per machine-hour / $2.10 per machine-hour / $3.90 per machine-hour / $6.00 per machine-hour

E. Paolucci' 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 30,000
Total fixed manufacturing overhead cost $ 252,000
Variable manufacturing overhead per machine-hour $ 2.10

Recently, Job T687 was completed with the following characteristics:

Number of units in the job 10
Total machine-hours 30
Direct materials $ 675
Direct labor cost $ 1,050

The estimated total manufacturing overhead is closest to? $315,000 / $252,000 / $252,002 / $63,000

Average Cost per Unit Direct materials $7.05 Direct labor $3.95 Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense $1.95 $3.40 $1.25 $0.95 Sales commissions $1.20 Variable administrative expense $0.85 Cost Cost per Period per Unit Direct materials $6.75 Direct labor $3.40 Variable manufacturing overhead Fixed manufacturing overhead $1.70 $25,200 Sales commissions $1.30 Variable administrative expense Fixed selling and administrative expense $0.30 $6,300 Cost per Cost per Unit Period Direct materials $6.75 Direct labor $3.90 Variable manufacturing overhead Fixed manufacturing overhead $1.55 $15,300 Sales commissions $0.75 Variable administrative expense $0.80 Fixed selling and administrative $7,200 expense

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cost Accounting A Managerial Emphasis

Authors: Charles T. Horngren, Srikant M. Datar, Madhav V. Rajan

15th edition

978-0133428858, 133428850, 133428702, 978-0133428704

More Books

Students also viewed these Accounting questions