Reference no: EM132750665

Questions -

Q1) Baker Company provides the following information for their first year of operations in 2018:

Sales, 10,000 units @ $17 each

Total production, 13,000 units

Production costs per unit:

Direct materials $3.00

Direct labor $3.00

Variable overhead $2.00

Fixed manufacturing overhead $10,000

Baker Company uses absorption costing. Use this information to determine for Baker Company the FY 2018 Cost of Goods Sold. (Round & enter final answer to the nearest whole dollar)

Q2) Baker Company has two service departments (Computer Operations & Maintenance Services). Baker has two production departments (Mixing Department & Packaging Department.) Baker uses a direct allocation method where service departments are allocated only to production departments. All allocations are based on total employees. Computer Operations has costs of $175,000 and Maintenance Services has costs of $110,000 before any allocations. What amount of Maintenance Services total cost is allocated to the Packaging Department? (round to closest whole dollar) Employees are:

Computer Operations 2

Maintenance Services 3

Mixing Department 4

Packaging Department 6