manufacturing overhead

6. Which terms below correctly describe the cost of the black paint used to paint the dots on a pair of dice? Variable Cost Administrative Cost Yes Yes B) Yes No C) No Yes D) No No A. Choice A B. Choice B C. Choice C D. Choice D Harris Company produces a single product. Last year, Harris manufactured 17.000 units and sold 13,000 units. Production costs for the year were as follows: Direct materials Direct labor Variable manufacturing overhead. Fixed manufacturing overhead. SI53,000 SI10.500 $204.000 S255.000 Sales were $780,000 for the year, variable selling and administrative expenses were 588,400, and fixed selling and administrative expenses were $170,000. There was no beginning inventory. Assume that direct labor is a variable cost. $190,800 7. The contribution margin per unit was: A. $17.50 B. S32.50 C. $27.30 D. $25.70 8. Under absorption costing, the carrying value on the balance sheet of the ending inventory for the year would be: A. S19 B. $170,000 C. 523 D. SO 9. Under variable costing, the company's net operating income for the year would be: A. $60,000 higher than under absorption costing B. $108,000 higher than under absorption costing C. $108,000 lower than under absorption costing D. $60,000 lower than under absorption costing $230,800 TO. Last year, Twins Company reported $750,000 in sales (25,000 units) and a net Sent from Yahoo Mail on Android