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Help Save& Exit Chapters 12-3 The following cost data pertain to the operations

ID: 2331284 • Letter: H

Question

Help Save& Exit Chapters 12-3 The following cost data pertain to the operations of Quinonez Department Stores, Inc., for the month of September $86,200 Corporate headquarters bailding lease Cosnetics Department sales comissions--Northridge 5,560 Store Corporate legal office salaries Store nanager's salary-Northridge Store Heating-Northridge Store $66,800 $19,100 Cosnetics Department cost of sales--Northridge$32,000 Store Central varehouse lease cost Store security-Northridge Store Cosnetics Department manager's salary--Northridge 4,790 $ 8,800 $22,100 Store The Northridge Store is just one of many stores owned and operated by the company. The Cosmetics Department is one of many departments at the Northridge Store. The central warehouse serves all of the company's stores What is the total amount of the costs listed above that are direct costs of the Cosmetics Department? Mulsple Choice C Prev 9 of 25 Next> 8 0

Explanation / Answer

Total fixed manufacturing overheads 14600 Variable manufacturing cost 33750 Total mamufacturing cost 48350 Total machine hours 10000 Plantwide manufacturing overheads rate 4.84 Job A Direct material 14700 Direct labor 21800 manufacturing overheads 24200 (5000*4.84) Total manufacturing cost 60700 Markup 40% 24280 Selling price 84980 Direct material inventory Beginning balance 8750 Add Material purchased 38250 Total material available for use 47000 Less Direct material used 39550 Ending balance 7450