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- Uompute te parance orgas at June Ju. 2-8) Compute the balance of COGS as at June 30. 29) Calculate the balance of MOH account
- Uompute te parance orgas at June Ju. 2-8) Compute the balance of COGS as at June 30. 29) Calculate the balance of MOH account as at June 30. Use if the MOH is underapplied. (e.g. if the account gives an overapplied balance of 100, enter 100. If the account gives an underapplied balance of 100, enter -100.) Jse below information for Questions 10 to 13: The smelting department of Company X has following production and cost data for September: Production: Beginning work in process 200 units that are 100% complete as to materials and 78% complete as to conversion costs; units started into production 1,000 units; ending work in process 280 in units that are 100% complete as to materials and 54% complete as to conversion costs. Manufacturing costs: Beginning work in process TL8,800 materials, TL9,240 labor and TL 2,800 manufacturing overhead costs. In current period, TL50,800 worth of materials, TL25,100 worth of labor and TL38,000 worth of manufacturing overhead costs are incurred. -10) Compute the material cost portion of the transferred out inventory if the company uses WA method to compute equivalent units. -11) Compute the conversion cost portion of the transferred out inventory if the company uses FIFO method to compute equivalent units. method to compute equivalent units. -12) Compute the material cost portion of the ending inventory i the company uses FIFO method to compute equivalent units. -13) Compute the conversion cost portion of the ending inventory if the company uses WA method to compute equivalent units. Jse below information for Questions 11 to 15: Company X produces dining chairs and tables. The following budget information is available: Item Machine Setups Inspections Labor Ilours Dining Chairs 280 250 2,800 Tables 600 110 2,410 Total Cost TL48,800 TL72,000 -14) Compute total machine setups and inspection costs assigned to Dining Chairs, using plantwide method if the allocation base is labor hours. -15) Computc total machine setups and inspection costs assigned to Tables, using ABC. -16) A company has a unit contribution margin of $128 and a contribution margin ratio of 41%. What is the unit selling price? -17) Jane Botosan operates a bed and breakfast hotel in a resort area near Lake Michigan. Depreciation on the hotel is $60,800 per year. Jane employs a maintenance person at an annual salary of $41,000 and a cleaning person at an annual salary of $24,000. Real estate taxes are $10,400 per year. The rooms rent at an average price of $121 per person per night including brcakfast. Other costs arc laundry and clcaning service at a cost of $10.40 per person per night and the cost of food which is $5.40 per person per night. Jane is considering changing the business strategy. She considers installing additional cleaning machines which will decrease laundry and cleaning service per person per night by $3.80. However, fixed depreciation cost will increase by $4,040. Determine the number of rentals at which Jane would be indifferent between the current and proposed business models
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