Question
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 ?
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 ?
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 ?
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 expenseStep by Step Solution
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