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Thanks for your help, please continue to include the working and formulas this helps a bunch. 1. TB MC Qu. 02-67 During the month of

Thanks for your help, please continue to include the working and formulas this helps a bunch.

image text in transcribed 1. TB MC Qu. 02-67 During the month of April, direct labor cost total... During the month of April, direct labor cost totaled $16,000 and direct labor cost was 40% of prime cost. If total manufacturing costs during April were $93,000, the manufacturing overhead was: $77,000 $24,000 $53,000 $40,000 2. TB MC Qu. 02-97 Gabat Inc. is a merchandising... Gabat Inc. is a merchandising company. Last month the company's merchandise purchases totaled $112,000. The company's beginning merchandise inventory was $27,000 and its ending merchandise inventory was $25,000. What was the company's cost of goods sold for the month? $112,000 $114,000 $110,000 $164,000 3. TB MC Qu. 02-101 The following cost data pertain... The following cost data pertain to the operations of Brentwood Department Stores, Inc., for the month of May: Corporate legal office salaries Shoe Department cost of sales-Brentwood Store Corporate headquarters building lease Store manager's salary-Brentwood Store Shoe Department sales commissions-Brentwood Store Store utilities-Brentwood Store Shoe Department manager's salary-Brentwood Store Central warehouse lease cost Janitorial costs-Brentwood Store $76,000 $94,000 $93,000 $15,400 $ 9,400 $14,400 $ 5,400 $12,400 $12,400 The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company's stores. What is the total amount of the costs listed above that are direct costs of the Shoe Department? $108,800 $94,000 $151,000 $103,400 4. TB MC Qu. 02-102 The following cost data pertain... The following cost data pertain to the operations of Brentwood Department Stores, Inc., for the month of May: Corporate legal office salaries Shoe Department cost of sales-Brentwood Store Corporate headquarters building lease Store manager's salary-Brentwood Store Shoe Department sales commissions-Brentwood Store Store utilities-Brentwood Store Shoe Department manager's salary-Brentwood Store Central warehouse lease cost Janitorial costs-Brentwood Store $71,000 $89,000 $88,000 $14,900 $ 8,900 $13,900 $ 4,900 $11,900 $11,900 The Brentwood Store is just one of many stores owned and operated by the company. The Shoe Department is one of many departments at the Brentwood Store. The central warehouse serves all of the company's stores. What is the total amount of the costs listed above that are NOT direct costs of the Brentwood Store? $88,000 $170,900 $102,800 $40,700 5. TB MC Qu. 03-31 Brees Inc.,a company that produces... Brees Inc., a company that produces and sells a single product, has provided its contribution format income statement for April. Sales (7,400 units) $362,600 Variable expenses 214,600 Contribution margin 148,000 Fixed expenses 103,500 Net operating income$ 44,500 If the company sells 7,300 units, its total contribution margin should be closest to: $40,000 $43,979 $44,500 $146,000 6. TB MC Qu. 03-51 The Clyde Corporation's variable expenses... The Clyde Corporation's variable expenses are 37% of sales. Clyde Corporation is contemplating an advertising campaign that will cost $20,100. If sales increase by $80,100, the company's net operating income will increase by: (Do not round intermediate calculations.) $30,363 $63,126 $8,643 $29,637 7. TB MC Qu. 03-80 Sales in North Corporation increased... Sales in North Corporation increased from $68,000 per year to $71,400 per year while net operating income increased from $18,000 to $21,600. Given this data, the company's degree of operating leverage must have been: 4.0 1.5 5.0 33.0

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