Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question 1 Not yet answered Company XYZ is currently producing and selling 100 units. At this level, the total direct materials cost is $500, the

image text in transcribed
Question 1 Not yet answered Company XYZ is currently producing and selling 100 units. At this level, the total direct materials cost is $500, the total direct labor cost is $2,000 and the total manufacturing overhead cost is $1,270, which includes $800 fixed manufacturing overhead cost. The company's total selling and administrative expenses are $2,850, which include $1,500 fixed selling and administrative costs. Assume that the company wishes to increase the number of units produced and sold to 102 units, what would be the incremental cost?(rounded to nearest ($) value) Marked out of 0.80 P Flag question a. 86 b. None of the given answers c. 75 d. 43 o e. 59 Question 2 Manufacturing overhead was estimated to be OMR 415,000 for the year along with estimated 20,000 direct labor hours. Actual manufacturing overhead was OMR 400,000, and actual labor hours were 21,000. The amount credited to the Manufacturing Overhead account would Not yet be: answered Marked out of 0.80 P Flag question a OMR 400,000 b. OMR 420,000. c. OMR 435,750. d. None of the given answer is correct e OMR 415,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Interactive Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

4th Edition

0132423502, 978-0132423502

More Books

Students also viewed these Accounting questions

Question

On the same day, Kyoto Fund converted $500,000 into JPY at

Answered: 1 week ago

Question

3. Describe the process of a union drive and election.

Answered: 1 week ago

Question

6. What actions might make employers lose elections?

Answered: 1 week ago