selection type

3'0. Graham Company wants to reduce activity costs by $0.30 per unit. The setup activity for a batch of 100 units of Part RR110 currently costs $80 per setup. A process engineer proposes reengineering the setup activity so that it takes 60% of the original cost per setup. By how much will this reduce activity costs per unit? Will more cost savings need to be found? a. $0.53; no b. 50.48; no c. 50.32; no d. 50.22; yes 71. Which of the following terms refers to the cost of changing direct materials into a finished manufactured product? a. factory overhead cost h. period cost c. conversion cost d. direct labor cost 72. The following information is taken from the financial records of Gunner Manufacturing: Cost of materials used $45,000 Direct labor costs 48,000 Factory overhead 39,000 Work in process, beginning 18,000 Work in process, ending 28,000 What is the cost of goods manufactured? a. $178,000 0. $132,000 C. $122,000 d. $142,000 73. Which of the following is not a characteristic of a job order costing system? a. It accumulates cost for each department within the factory. b. It provides a separate record for the cost of each quantity of product that passes through the factory. c. It is best Suited for industries that manufacture custom goods. d. It uses only one work in process account