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Industries produces two products. The producto estimated costs are as follows: Product A Product Direct Materials $20,000 SI5.000 Direct Labor $30,000 510.000 The company's overhead
Industries produces two products. The producto estimated costs are as follows: Product A Product Direct Materials $20,000 SI5.000 Direct Labor $30,000 510.000 The company's overhead costs of $200,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product Bare produced What is the total amount of production costs that would be assigned to Product A? (Do not round Intermediate calculations.) O $150,000 $200,000 $75.000 O $114,285,71 550.000 QUESTION 4 Joint products A and B emerge from common processing that costs $250,000 and yields 1,250 units of Product A and 750 units of Product B Product can be sold for 390 per unit. Product can be sold for S100 per unit. How much of the joint cost will be assigned to Product Alf joint costs are allocated on the basis of relative market values? (Do not round intermediate calculations.) $125,000 $156,250 $100,000 $150,000 O 593,750 QUESTIONS Billy Bob Company manufactures fine furniture and grandfather clocko. Billy Bob has an excellent reputation, and cach grandfather clock sells for several thousand dollars. Which of the following is an indirect cost, mesuming the cost object in the Clock Department? Depreciation on the factory building Salary of the clock production supervisor All of the answers are correct Depreciation on clock making equipment
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