Reference no: EM132590992

Question 1 - At an activity level of 8,800 units, Pember Corporation's total variable cost is $146,520 and its total fixed cost is $219,296. For the activity level of 8,900 units, compute the following values.

Required:

A. The total variable cost

B. The total cost

C. The average variable cost per unit

D. The average fixed cost per unit

E. The average total cost per unit

Note: Assume that the activity level is within the relevant range.

Question 2 - Job 397 was recently completed. The following data have been recorded on its job cost sheet.

Direct materials $59,400

Direct labor-hours 1,254 DLHs

Direct labor wage rate $11 per DLH

Number of units completed 3,300 units

The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $37 per direct labor-hour.

Required: What's the unit product cost that would appear on the job cost sheet for this job?

Question 3 - Carver, Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.

Work in process, beginning:

Units in process 700

Percent complete with respect to materials 50%

Percent complete with respect to conversion 40%

Units started into production during the month 23,000

Work in process, ending:

Units in process 200

Percent complete with respect to materials 80%

Percent complete with respect to conversion 40%

Required: Using the weighted-average method, what are the equivalent units of production for materials and for conversion costs?