In: Accounting
Paolucci Corporation's relevant range of activity is 5,700 units to 12,500 units. When it produces and sells 9,100 units, its average costs per unit are as follows:
Average |
|||
Direct materials |
$ |
6.65 |
|
Direct labor |
$ |
3.55 |
|
Variable manufacturing overhead |
$ |
1.55 |
|
Fixed manufacturing overhead |
$ |
2.50 |
|
Fixed selling expense |
$ |
1.50 |
|
Fixed administrative expense |
$ |
0.55 |
|
Sales commissions |
$ |
1.45 |
|
Variable administrative expense |
$ |
0.45 |
|
If 8,100 units are sold, the variable cost per unit sold is closest to:
Multiple Choice
Top of Form
$18.20
$11.75
$14.25
$13.65
2. Kesterson Corporation has provided ...
Kesterson Corporation has provided the following information:
Cost per Unit |
Cost per Period |
|||
Direct materials |
$ |
6.25 |
||
Direct labor |
$ |
3.20 |
||
Variable manufacturing overhead |
$ |
1.20 |
||
Fixed manufacturing overhead |
$ |
13,200 |
||
Sales commissions |
$ |
1.20 |
||
Variable administrative expense |
$ |
0.50 |
||
Fixed selling and administrative expense |
$ |
3,300 |
||
If 6,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to:
Multiple Choice
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$7,800
$24,250
$21,000
$13,2
3. Pedregon Corporation has ...
Pedregon Corporation has provided the following information:
Cost per Unit |
Cost per Period |
||||
Direct materials |
$ |
6.85 |
|||
Direct labor |
$ |
3.30 |
|||
Variable manufacturing overhead |
$ |
1.65 |
|||
Fixed manufacturing overhead |
$ |
14,700 |
|||
Sales commissions |
$ |
0.85 |
|||
Variable administrative expense |
$ |
0.90 |
|||
Fixed selling and administrative expense |
$ |
5,000 |
|||
If the selling price is $21.10 per unit, the contribution margin per unit sold is closest to:
Multiple Choice
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$3.35
$5.10
$7.55
$10.95
4. Harootunian Corporation uses ...
Harootunian Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours |
80,000 |
|
Total fixed manufacturing overhead cost |
$ |
312,000 |
Variable manufacturing overhead per machine-hour |
$ |
2.10 |
Recently, Job T629 was completed with the following characteristics:
Number of units in the job |
50 |
|
Total machine-hours |
200 |
|
The predetermined overhead rate is closest to:
Multiple Choice
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$8.10 per machine-hour
$2.10 per machine-hour
$3.90 per machine-hour
$6.00 per machine-hour
5.
5. Lupo Corporation uses a job-order ...
Lupo Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data:
Total machine-hours |
30,000 |
|
Total fixed manufacturing overhead cost |
$ |
252,000 |
Variable manufacturing overhead per machine-hour |
$ |
2.10 |
Recently, Job T687 was completed with the following characteristics:
Number of units in the job |
10 |
|
Total machine-hours |
30 |
|
Direct materials |
$ |
675 |
Direct labor cost |
$ |
1,050 |
The estimated total manufacturing overhead is closest to:
Multiple Choice
Top of Form
$315,000
$252,000
$252,002
$63,000