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QUESTION 1 2.5 points Save Answer Mayeux Carparation uses an activity hased costing systern with thrre activity cost poos. Tha oompany has pravided the following
QUESTION 1 2.5 points Save Answer Mayeux Carparation uses an activity hased costing systern with thrre activity cost poos. Tha oompany has pravided the following data cancerning its casts and its activity-based castng systerm: 320, 000 Wages and salaries Depreciation Utiities Total 240, $ DOD Cast Pools aries 50% 40% 10096 eclato How much oast, in total, would ba alocatnd in the first-stage allocation ta the Sutting Up activity cost paD? $348.000 $336.000 QUESTION 2 2.5 points Save Answer Lagle Corporation has provided the fellowing infarmation Cost per Cost per Period $4.55 $3.30 1 25 Direct materials Direct labor Variable manufacturing overheed Fixed manufacturing overhead Seles commissions variadle admnistrate expanse Fixed selling and administrative expense $130 D35 For financial raperting purpases, the total amount of poriod osts inaurred to sel 6000 units is closnst ta: $12,450 $8250 $4200 $11,000 QUESTION 3 Dukes Corporation used a predetermined overhead rate this year of $2 per direct labor-hour, based on an estimate of 20,000 direct labor-hours to be worked during the year. Actual costs and activity during the year were: 38,00 Actual manufacturing overhead cost incurred 18,50 Actual direct labor-hours worked The overapplied or underapplied manufacturing for the year was: $1,000 underapplied $3,000 overapplied $1,000 overapplied $3,000 underapplied QUESTION 4 Which of the following would probably be the least appropriate allocation base for allocating overhead in a highly automated manufacturer of specialty valves? Direct labor-hours Machine-hours Power consumption Machine setups QUESTION 5 Calfee Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just completed year: Beginning nventories: Raw materials Work in process Estimated total 40,000 19,000 overhead at the beginning of the 595,000 Estimated direct labor-hours at the beginning of the year 35,000direct labor- Results of operations: Raw materials purchased on 423,000 Raw materials (all direct) requisitioned for use in 420,000 Direct labor cost Actual direct abor-hours Manufacturing 641,000 33,000direct labor- Indirect labor 143,000 531,000 overhead costs Cost of goods 1,441,000 The ending balance in the Work in Process inventory account is: $220,000 $162,000 $200.000 $181,000
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