Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 Direct manufacturing labor 8 Variable manufacturing
The East Company manufactures several different products. Unit costs associated with Product ORD203 are as follows: Direct materials $50 Direct manufacturing labor 8 Variable manufacturing overhead 10 Fixed manufacturing overhead 23 Sales commissions (2% of sales) Administrative salaries 9 Total $105 5 What are the variable costs per unit associated with Product ORD203? Select one: a. $60 0 b. $82 c. $73 d. $105 London Company manufactures balls and applies manufacturing overhead costs to production at a budgeted indirect cost rate of $20 per direct labor hour. The following data are obtained from the accounting records for June 2017: . ut of question Direct materials Direct labor (4,500 hours @ $11/hour) Indirect labor Plant facility rent Depreciation on plant machinery and equipment Sales commissions Administrative expenses $140,000 $ 49,500 $ 10,000 $ 30,000 $ 15,000 $ 20,000 $ 25,000 For June 2017, manufacturing overhead was: Select one: a neither overallocated nor underallocated b. underallocated c. indeterminable d. Overallocated
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started