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Assume that a manufacturing company incurred the following costs: Direct labor Advertising Factory supervision Sales commissions Depreciation, office equipment Indirect materials Depreciation, factory building Administrative

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Assume that a manufacturing company incurred the following costs: Direct labor Advertising Factory supervision Sales commissions Depreciation, office equipment Indirect materials Depreciation, factory building Administrative office salaries Utilities, factory Direct materials Insurance, factory Property taxes, factory $ 90,000 $ 40,000 $ 35,000 $ 15,000 $ 4,000 $ 5,000 $ 20,000 $ 1,000 $ 2,500 $105,000 $ 6,000 $ 7,000 What is the total amount of variable selling and administrative cost? Multiple Choice $55,000 Assume the following information for a merchandising company: Sales Variable selling expenses Net operating income Fixed administrative expenses Fixed selling expenses Variable administrative expenses $500,000 $ 25,000 $ 30,000 $ 50,000 $ 40,000 $ 5,000 What is the cost of goods sold? A company produces numerous blends of coffee, two of which are known as the English Blend and the Swedish Blend. The company's ABC system divides its total manufacturing overhead of $1,982,500 into four activity cost pools as shown below. Activity Activity Measure Expected Activity Estimated cost Purchasing Purchase orders 1,500 orders $330,000 Materials handling Number of setups 1,800 setups $540,000 Quality control Number of batches 600 batches $210,000 Roasting Roasting hours 95,000 hours $902,500 Data regarding production of the English and Swedish blends is as follows: Expected sales Batch size Setups Purchase order size Roasting time per 100 pounds English Blend 100,000 pounds 10,000 pounds 3 per batch 20,000 pounds 0.5 hours Swedish Blend 5,000 pounds 1,250 pounds 3 per batch 500 pounds 0.5 hours Assume the company uses activity-based absorption costing. What is the activity rate for Quality Control? Assume a company had no jobs in progress at the beginning of July and no beginning inventories. It started and completed only two jobs during July Job Y and Job Z. The company uses a plantwide predetermined overhead rate based on direct lobor-hours. The following additional Information from the month of July is available for the company as a whole and for Jobs Y and 2: Estimated total fixed manufacturing overhead Estimated variable manufacturing overhead per direct labor-hour Estimated total direct labor hours to be worked Total actual manufacturing overhead costs incurred $13,000 $ 1.00 2,000 $12, 800 Direct materials Direct labor cost Actual direct labor hours worked Job Y Job % $13,000 $8,000 $21,000 $7,500 1,400 ? Assuming Job Z's total job cost is $19,250, how many direct labor hours were actually worked on Job Z

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