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d. 192,500 c. 180,500 d. 195,000 b. 540 c. 560 d. 580 A company's relevant range of production is 10,000 to 15,000 units. When it

image text in transcribed
d. 192,500
image text in transcribed
c. 180,500
d. 195,000
image text in transcribed
b. 540
c. 560
d. 580
image text in transcribed
A company's relevant range of production is 10,000 to 15,000 units. When it produces and sells 12,000 units, its unit costs are as follows: Amount per Unit Direct materials $ 7.00 Direct labor $ 4.00 Variable manufacturing overhead $ 1.50 Fixed manufacturing overhead $ 5.00 Fixed selling expense $ 3.50 Fixed administrative expense $ 2.00 Sales commissions $ 1.00 Variable administrative expense $ 0.50 If 11,000 units are produced, what is the total amount of indirect manufacturing costs incurred to support this level of production? Multiple Choice $88,000 $71,500 $76,500 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 equipment 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 conversion costs? Multiple Choice O $160,500 $165,500 Assume a company started and completed numerous jobs during July-two of which were Job Y and Job Z. The company uses two departmental predetermined overhead rates. The rate in the Machining Department is based on machine-hours and the rate in the Assembly Department is based on direct labor-hours. The following additional information from the month of July is available for the company as a whole and for Jobs Y and 2 Machining Estimated total fixed manufacturing overhead Assembly $ 48,000 Estimated variable manufacturing overhead per machine-hour $ 30,000 $ 1.50 Estimated variable manufacturing overhead per direct labor-hour $ 2.00 Estimated total machine-hours to be used 12,000 Estimated total direct labor hours to be worked 10,000 Machining Assembly Job Y Machine-hours 50 Direct labor-hours 30 Job z Machine-hours 40 Direct labor-hours 60 How much total manufacturing overhead is applied to Job Z from both departments? Multiple Choice $520 Assume that a company uses direct labor dollars as the allocation base to compute its predetermined plantwide overhead rate of 130%. Aho, assume the following information from the company's schedule of cost of goods manufactured: Direct labor Direct materials used in production Actual manufacturing overhead cost incurred What is the total manufacturing cost added to production? $ 60,000 $ 160,000 $ 82,000 Multiple Choice $298,000 $380,000 $288,000 $302.000

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