3 Dapper Corporation had only one job in process on May 1. The job had been char
ID: 2424306 • Letter: 3
Question
3 Dapper Corporation had only one job in process on May 1. The job had been charged with $1,310 of direct materials, $3,440 of direct labor, and $6,060 of manufacturing overhead cost. The company assigns overhead cost to jobs using the predetermined overhead rate of $16.40 per direct labor-hour. During May, the following activity was recorded: Raw materials (all direct materials): Beginning balance $ 10,100 Purchased during the month $21,700 Used in production $29,300 Labor: Direct labor-hours worked during the month 2,250 Direct labor cost incurred $29,700 Actual manufacturing overhead costs incurred $35,600 Inventories: Raw materials, May 30 ? Work in process, May 30 $14,200 Work in process inventory on May 30 contains $3,036 of direct labor cost. Raw materials consist solely of items that are classified as direct materials. The balance in the raw materials inventory account on May 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 per unit, both fixed and variable, at an activity level of 9,500 machine-hours in a month? Assume that this level of activity is within the relevant range. (Do not round intermediate calculations.)
$111.15
$110.61
$111.50
$111.68
10....
10.Meyers Corporation had the following inventory balances at the beginning and end of November:
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
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 per unit, both fixed and variable, at an activity level of 9,500 machine-hours in a month? Assume that this level of activity is within the relevant range. (Do not round intermediate calculations.)
Explanation / Answer
Dear user please dont post multiple questions, still I have answered the first two.
Ans 3 Raw material Inventory Opening balance 10100 Purchased During the month 21700 Total A 31800 Used in production B 29300 Ending inventory A-B 2500 $ Ans Ans 8 Machine hours 9400 variable production Engineering Cost $828,140 variable production Engineering Cost per machine hr $88.10 Fixed Expenses 222300 Fixed expenses remain same if within the range No. of machine hours 9500 23.4 Total unit cost $88.1+23.4 $111.50 AnsRelated Questions
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