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In: Accounting

Kesterson Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $...

Kesterson Corporation has provided the following information:

Cost per Unit Cost per Period
Direct materials $ 6.30
Direct labor $ 3.30
Variable manufacturing overhead $ 1.25
Fixed manufacturing overhead $ 15,000
Sales commissions $ 1.30
Variable administrative expense $ 0.60
Fixed selling and administrative expense $ 4,200

If 7,000 units are produced, the total amount of indirect manufacturing cost incurred is closest to:

Multiple Choice

  • $8,750

  • $27,950

  • $23,750

  • $15,000

Pedregon Corporation has provided the following information:

Cost per Unit Cost per Period
Direct materials $ 7.30
Direct labor $ 4.20
Variable manufacturing overhead $ 1.55
Fixed manufacturing overhead $ 23,400
Sales commissions $ 0.75
Variable administrative expense $ 0.85
Fixed selling and administrative expense $ 4,900

If the selling price is $22.00 per unit, the contribution margin per unit sold is closest to:

Multiple Choice

  • $3.45

  • $5.05

  • $7.35

  • $10.50

Wimpy Inc. produces and sells a single product. The selling price of the product is $175.00 per unit and its variable cost is $63.00 per unit. The fixed expense is $368,064 per month.

The break-even in monthly dollar sales is closest to: (Round your intermediate calculations to 2 decimal places.)

Multiple Choice

  • $1,022,400

  • $654,336

  • $575,100

The Charade Corporation is preparing its Manufacturing Overhead budget for the fourth quarter of the year. The budgeted variable manufacturing overhead is $7 per direct labor-hour; the budgeted fixed manufacturing overhead is $82,000 per month, of which $15,700 is factory depreciation.

If the budgeted direct labor time for November is 7,700 hours, then the total budgeted manufacturing overhead for November is:

Multiple Choice

  • $82,000

  • $120,200

  • $135,900

  • $151,600

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