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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

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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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