Original company manufactures two models of juice, Big model and Small model. The Following activity and cost information has been compiled: Number of setups 3 setups for Big and 7 setups for Small, number of components 30 and 50 respectively and number of direct labor hours 650 and 150 respectively. Assume a traditional costing system applies the $80,000 of overhead costs based on direct labor hours. the total amount of overhead costs assigned to the Small model is:

a.

$15,000.

b.

$60,000.

c.

$40,000.

d.

$65,000.

XYZ companys costing system uses two cost categories, direct materials and conversion costs. Each product must pass through the Assembly Department and the Testing Department. Direct materials are added at the beginning of the production process. Conversion costs are allocated evenly throughout production. It uses weighted-average costing. Data for the Assembly Department for June 2020 are: WIP beginning 50% complete 200 units, Units started during June 800 units and WIP ending 75% complete 150 units. The equivalent units of conversion is:

a.

1,050 units.

b.

1,012.50 units.

c.

900 units.

d.

962.50 units.

he following information was gathered for Rania Company for the year ended December 31, 2020.Budgeted Direct labor-hours 75,000 and Actual Direct labor-hours 77,500,Budgeted manufacturing overhead costs $525,000 and Actual manufacturing overhead costs $558,000. Assume that direct labor-hours are the cost-allocation base.The the factory overhead applied is:

Select one:

a.

$558,000.

b.

$576,600.

c.

$525,000.

d.

$542,500.

Byproducts and main products are differentiated by the:

a.

weight or volume of outputs per period

b.

None of these answers is correct.

c.

number of units per processing period

d.

amount of sales value per unit