3 Dapper Corporation had only one job in process on May 1. Thejob had been charged with $1,310 of direct materials, $3,440 ofdirect labor, and $6,060 of manufacturing overhead cost. Thecompany assigns overhead cost to jobs using the predeterminedoverhead rate of $16.40 per direct labor-hour. During May, thefollowing activity was recorded: Raw materials (all directmaterials): Beginning balance $ 10,100 Purchased during the month$21,700 Used in production $29,300 Labor: Direct labor-hours workedduring the month 2,250 Direct labor cost incurred $29,700 Actualmanufacturing overhead costs incurred $35,600 Inventories: Rawmaterials, May 30 ? Work in process, May 30 $14,200 Work in processinventory on May 30 contains $3,036 of direct labor cost. Rawmaterials consist solely of items that are classified as directmaterials. The balance in the raw materials inventory account onMay 30 was: $2,500 $3,020 $2,380 $2,620
8...At an activity level of 9,400 machine-hours in a month,Nooner Corporation's total variable production engineering cost is$828,140 and its total fixed production engineering cost is$222,300. What would be the total production engineering cost perunit, both fixed and variable, at an activity level of 9,500machine-hours in a month? Assume that this level of activity iswithin the relevant range. (Do not round intermediatecalculations.)
$111.15
$110.61
$111.50
$111.68
10....
10.Meyers Corporation had the following inventory balances atthe beginning and end of November:
November 1 November 30 RawMaterials $ 40,000 $ 18,000 Finished Goods $ 110,000 $ 75,000 Work in Process $ 16,000 $ 25,000
11.
The actual direct labor-hours worked during November totaled:(Round your answers to the nearest dollar.)
6,667 hours
6,111 hours
7,857 hours
8,571 hours
3 Dapper Corporation had only one job in process on May 1. Thejob had been charged with $1,310 of direct materials, $3,440 ofdirect labor, and $6,060 of manufacturing overhead cost. Thecompany assigns overhead cost to jobs using the predeterminedoverhead rate of $16.40 per direct labor-hour. During May, thefollowing activity was recorded: Raw materials (all directmaterials): Beginning balance $ 10,100 Purchased during the month$21,700 Used in production $29,300 Labor: Direct labor-hours workedduring the month 2,250 Direct labor cost incurred $29,700 Actualmanufacturing overhead costs incurred $35,600 Inventories: Rawmaterials, May 30 ? Work in process, May 30 $14,200 Work in processinventory on May 30 contains $3,036 of direct labor cost. Rawmaterials consist solely of items that are classified as directmaterials. The balance in the raw materials inventory account onMay 30 was: $2,500 $3,020 $2,380 $2,620
8...At an activity level of 9,400 machine-hours in a month,Nooner Corporation's total variable production engineering cost is$828,140 and its total fixed production engineering cost is$222,300. What would be the total production engineering cost perunit, both fixed and variable, at an activity level of 9,500machine-hours in a month? Assume that this level of activity iswithin the relevant range. (Do not round intermediatecalculations.) |
$111.15
$110.61
$111.50
$111.68
10....
10.Meyers Corporation had the following inventory balances atthe beginning and end of November:
November 1 | November 30 | ||||
RawMaterials | $ | 40,000 | $ | 18,000 | |
Finished Goods | $ | 110,000 | $ | 75,000 | |
Work in Process | $ | 16,000 | $ | 25,000 | |
11.
The actual direct labor-hours worked during November totaled:(Round your answers to the nearest dollar.) |
6,667 hours
6,111 hours
7,857 hours
8,571 hours