sold to grocery stores and other bags. The bags come in three sizes bags single plantwide overhead 12) Cooper's Bags Company manufactures cloth grocery bags to be ers. Cooper Large r's Bags Company sells the bags in cases of 1,000 L Medium, and Small, Currently, Cooper's Bags rate to allocate its $8,088,000 of annual manufacturing associated with the Large Bag line$3,418,800 is associated with $2,459,000 is associated with the Small Ba total of 40,000 machine hours 13,000 in the Large Bag line. 15,4 11,600 in the Small Bag line Cooper's Company manufacturing overhead costs overhead. Of this amount, $2,210,000 is g line. Cooper's Bags Company is currently running a the Large Bag line, 15,400 in the Medium Bag line, and the Medium Bag line, and s Bags Company uses machine hours as the cost driver for Small Bag line would be closest to B) $212.00 per machine hour D) $202.20 per machine hour. manu facturing overhead rate for the A) $170.00 per machine hour $222.00 per machine hour anufacturing produces cup holders. Total manufacturing costs are $400,000 when are produced. Of this amount, total variable costs are $120,000. What are the 13) 13) Plymouth M 40,000 holders the same relevant range total production costs when 60,000 holders are produced? (Assumo for both production levels.) D) $180,000 A) S600,000 B) $460,000 O $580,000 ed produces toys Total manufacturing costs are $350,000 when 50,000 samount, total variable costs are $100,000. What are the total production costs 14) Maryland Incorporated produces toys when 75,000 oys are produced? (Assume the same relevant range for both production levels.) D) $150,000 A) $525,000 B) $500,000 C) $400,000 15) Assume the following amounts Total fixed costs $15,000 price per urut Variable costs per unit $15 Assuming 10,000 units are sold, what is the contribution margin C) $230,000 A) $65,000 B) $80,000 D) $150,000 16) Total fixed costs for Randolph Manufacturing are $752450. Total costs, including both fixed and 16 variable, are $1,000,000 if 150,000 units are produced. The fixed cost per unit at 186,250 units would be closest to A) $5.03/unit. B) $5.31/unit. C) $4.00/unit D) $1.31/unit. 17) With respect to variable costs per unit, which of the following statements is true? A) They will decrease as production decreases within the relevant range. B) They will decrease as production increases within the relevant range. C) They will increase as production decreases within the relevant range. D) They will remain the same as production levels change within the relevant range. 17 18) Sea Side Enterprises is trying to predict the cost associated with producing its anchors. At a level of 5,000 anchors, uct of the total costs are fixed, what is the variable cost of producing each anchor? average cost per anchor is $52.00. If $15,000 A) $245.00 B) $49.00 C) $52.00 D $3.00
