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Please show steps for the following questions: 1) The East Company manufactures several different products. Unit costs associated with Product ORD105 are as follows: Direct

Please show steps for the following questions:

1) The East Company manufactures several different products. Unit costs associated with Product ORD105 are as follows:

Direct materials $54

$ 54$54

Direct manufacturing labor 8

88

Variable manufacturing overhead 11

1111

Fixed manufacturing overhead 25

2525

Sales commissions (2% of sales) 5

55

Administrative salaries 12

1212

Total 115

$ 115$115

What is the percentage of the total fixed costs per unit associated with Product ORD105 with respect to total cost?

a. 32%

b. 26%

c. 37%

d. 15%

2) Pederson Company reported the following:

Manufacturing costs $315,000

$ 315 comma 000$315,000

Units manufactured 7,000

7 comma 0007,000

Units sold 6,300 units sold for $115 per unit

6 comma 3006,300

units sold for

$ 115$115

per unit

Beginning inventory 1,750 units

1 comma 7501,750

units

What is the manufacturing cost for the ending finished goods inventory?

a. $31,500

b. $25,200

c. $577,500

d. $110,250

3)The following information pertains to Expert System Corporation:

Beginning workinprocess inventory $15,000

$ 15 comma 000$15,000

Ending workinprocess inventory 24,000

24 comma 00024,000

Beginning finished goods inventory 38,000

38 comma 00038,000

Ending finished goods inventory 30,000

30 comma 00030,000

Cost of goods manufactured 250,000

250 comma 000250,000

Sales 304,000

304 comma 000304,000

What is the gross profit margin earned by the company?

a. $46,000

b. $55,000

c. $62,000

d. $63,000

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