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. In a job costing environment the firm's predetermined overhead application rate is 150 per cent ofdirect labour cost. Total costs on Job 29 are
. In a job costing environment the firm's predetermined overhead application rate is 150 per cent ofdirect labour cost. Total costs on Job 29 are 530,000, and this includes direct material 0f520,000. The manufacturing overhead applied to Job 29 to date is: O A. $4,000 0 B. $5,000 0 0 $6,000 0 D. Cannot be calculated from the information provided. LCM Company produces products X and Y. The direct cost of X is $250 per unit ($100 materials and $150 labor) and Y is $350 ($230 material and $120 labor) per unit. Fifty units of X and 150 units of Y were produced. Overhead amounts to $130,000 and is composed of material handling $12,000, labor support $60,000, machine operation $48,000, and general administration $10,000. Material handling cost driver is material cost, labor support cost driver is labor cost. Machine operation cost resulted from running the machines a total of 480 hours (360 hours of which was for product X). General administration effort related equally to product X and Y. Material handling chargeable per unit of X (rounded) amounts to? O A. $40.76 O B. $9,000 C. $30.38 O D. $3,000LCM Company produces products x and y. The direct cost of x is $250 per unit ($100 materials and $150 labor) and y is $350 ($230 material and $120 labor) per unit. Fifty units of x and 150 units of y were produced. Overhead amounts to $130,000 and is composed of material handling $12,000, labor support $60,000, machine operation $48,000, and general administration $10,000. Material handling cost driver is material cost, labor support cost driver is labor cost. Machine operation cost resulted from running the machines a total of 480 hours (360 hours of which was for product X). General administration effort related equally to product x and y. General administration per unit of x (rounded) amounts to? O A. $67 O B. $33 O c. $100 O D. $132Assuming that inventory at beginning amounted to 50, closing inventory amounts to 65 units,= and a sales total of 95 units,= the production for the period should have been? 0 A. 105 O B. 115 0 c. 110 O D. 90 ABC Company had a total overhead of $360,000 and selling and administration expense of $140,000 for the year. 1,000 units of A and 3,000 units of B were produced. A requires 3 and B requires one machine hours per unit. A requires 6 direct labor hours and B requires 4 direct labor hours per unit. 40% of overhead is related to labor and the balance to machines. Labor-related overhead per hour amounts to? O A. $8 O B. $12 O c. $18 O D. $24
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