Erkkila Inc. reports that at an activity level of 6,900 machine-hours in a month, its total variable inspection cost is $426,680 and its total fixed inspection cost is $201,888. What would be the average fixed inspection cost per unit at an activity level of 7,200 machine-hours in a month? Assume that this level of activity is within the relevant range. Multiple Choice $28.04 $91.10 $29.26 ple fony Multiple Choice O $28.04 $91.10 $29.26 & $32.58 Lupo 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 Total fixed manufacturing overhead cost Variable manufacturing overhead per machine- hour 31,800 $ 159,000 $ 2.00 Recently, Job T687 was completed with the following characteristics: 10 Number of units in the job Total machine-hours Direct materials Direct labor cost 30 S 660 $1,320 TO Acheson Corporation, which applies manufacturing overhead on the basis of machine-hours, has provided the following data for its most recent year of operations. Estimated manufacturing overhead Estimated machine-hours Actual manufacturing overhead Actual machine-hours $157,900 4,670 $157, 700 4,920 The estimates of the manufacturing overhead and of machine-hours were made at the beginning of the year for the purpose of computing the company's predetermined overhead rate for the year. The applied manufacturing overhead for the year is closest to: (Round your intermediate calculations to 2 decimal places.) Multiple Choice Dacosta Corporation had only one job in process on May 1. The job had been charged with $1,850 of direct materials, $6,990 of direct labor, and $9,950 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $18.50 per direct labor-hour. During May, the following activity was recorded: $ 8,550 $38,050 $ 39, 350 Raw materials (all direct materials): Beginning balance Purchased during the month Used in production Labor: Direct labor-hours worked during the month Direct labor cost incurred Actual manufacturing overhead costs incurred Inventories: Raw materials, May 30 Work in process, May 30 1,950 $ 24,560 $33,350 ? $ 16,950 Work in process inventory on May 30 contains $3,750 of direct labor cost. Raw materials consist solely Multiple Choice $29,500 $30,800 $1,300 Multiple Choice $29,500 $30,800 $1,300 $7,250 Raider Corporation uses the weighted average method in its process costing system. The Molding Department is the second department in its production process. The data below summarize the department's operations in January Percent Complete with Respect to Conversion 108 Beginning work in process inventory Transferred in from the prior department during January Completed and transferred to the next department during January Ending work in process inventory Units 7,800 65,000 64,800 8,000 808 The Molding Department's cost per equivalent unit for conversion cost for January was $3.20. How much conversion cost was assigned to the ending work in process inventory in the Molding Department for January? Multiple Choice Multiple Choice $25,600.00 $5,120.00 $22,10770 O $20.480.00
