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PLEASE ANSWER ALL 4 QUESTIONS!! I will give thumbs up. A standard cost Excel Athletics manufactures polo shirts. The company uses a job-order costing system.
PLEASE ANSWER ALL 4 QUESTIONS!! I will give thumbs up.
A standard cost Excel Athletics manufactures polo shirts. The company uses a job-order costing system. During March, the following costs were incurred on Job Z: direct materials $13,000 and direct labour $4,800. In addition, shipping costs of $6,000 were incurred on the job. Manufacturing overhead was applied at the rate of $25 per machine-hour and Job Z required 800 machine-hours. If Job Z consisted of 5,000 shirts, what was the Cost of Goods Sold per shirt? Multiple Choice Multiple Choice shows the actual cost from previous years $7.56 Incorporates the opportunity cost of a unit of production $6.40 is a budget for the production of one unit of a product $876 is the average cost within an industry $5.50 is useful in calculating equivalent units some other answer Highlight Rotate During April, 80,000 units were produced. The standard quantity of material allowed per unit was 2 pounds at a standard cost of $4 per pound. If there was an unfavourable quantity variance of $4,000, the actual quantity of materials used must have been Snare Markup Consider the following statements concerning ABC (activity-based costing) and ABM (activity-based management): i. ABM can be used with value chain analysis Multiple Choice . ABC cannot be used in the service industries iii. ABC is used in conjunction with ABM 84,000 pounds iv. The ABC approach assumes that costs occur in proportion to production volume 75.000 pounds Which of the above statements (are) true? some other answer Multiple Choice 159,000 pounds lil and lv 161000 pounds i and ill I and itStep by Step Solution
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