Ch 1 Multiple Choice Excel

direct labor. cost total $9,240 and direct labor cost was 30% of prime cost. if total manufacturing costs were $80,100, the manufacturing overhead cost was

9,240 % .3 = 30,800 80,100 - 30,800 = 49,300

If 4,500 units are sold, the total variable cost is closest to

Direct materials, direct labor, variable manufacturing overhead, sales commissions, variable administrative expense. 56,250

incremental manufacturing cost if it increases production from 7500 to 7501 is

direct materials = 7.2 direct labor = 4.3 variable manufacturing overhead = 1.6 incremental manufacturing cost = 13.10

what is the total of the product costs above

cost of clay used in production, wages paid to the workers who paint the figurines. 154,000

if 4,500 units are sold, the total variable cost is closest to

direct materials, direct labor, variable manufacturing, sales commissions, variable administrative expense x 4500 = 58,950

if the selling price is 21.50 per unit, the contribution margin per unit sold is closest to

direct materials, labor, variable manufacturing, sales commissions, variable administrative = 13.15 = 21.5-13.15= 8.35

If 9,400 units are produced, the total amount of manufacturing overhead cost is closest to

total variable manufacturing overhead cost = $2.00 x 9,400 = 18,800 total fixed manufacturing cost = $3.9 x 13,000 = 50,700 = 69,500

on average, a book sells for $65. variable selling expenses are $6 per book with the remaining selling expenses being fixed. the variable expenses are 5% of sales with the remainder being fixed. the contribution margin for sams bookstore for the first quarter is:

unit sales= 910,000 % $65 per book = 14,000 910,000 in sales variable expenses = cost of goods sold: 645,000 variable selling ($6 x 14,000): 84,000 variable administrative (5% of $910,000): 45,500 all added up = 774,500 910,000 - 774,500 = 135,500

what would be the total production engineering cost per machine hour, both fixed and variable, at an activity level of 9400 machine hours in a month?

variable cost per machine hour = 839,790 % 9,300 machine hours = $90.3, fixed cost per machine hour at 9400 = 237,820 % 9400 = 25.3 total cost = variable cost + fixed cost = 115.6 $115.60

if 5,500 units are produced, the total amount of indirect manufacturing cost incurred is closest to

variable manufacturing cost: 2.00 x 5,500 = 11,000 fixed manufacturing = 2.20 x 6,500 = 14,300 11,000 + 14,300 = 25,300