What is the total amount of manufacturing overhead cost

Assignment Help Managerial Accounting
Reference no: EM132805261

Told-you So Organization's relevant range of production is 8,000 units to 12,500 units. When it produces and sells 11,000units, its unit costs are as follows:

Amount                                                                                Per Unit

Direct materials.. . .. ... ... . .. . . . . . . . . . . . .. . . . . . $9.50
Direct labour. . . .. . .. ... . .. . .. . . . . . . ... . . . . . . ... $4.75
Variable manufacturing overhead. . . .. . . . . . . . .. . .. . . $2.50
Fixed manufacturing overhead. . . . . . . . . ... . . .. . .. . . $5.50
Fixed selling expense .. . . . . . . . . . . .. . . . . . . . .. . .. . . $3.70
Fixed administrative expense . . . .. . . . . . . . . . . .. . .. . . $2.50
Sales commissions . ............ . . . . . . . . .... . . . . . $2.00
Variable administrative expense. . . . .. . . . . . . . .. . . . . . $0.75

Problem A) For financial accounting purposes, what is the total amount of product costs incurred to make 11,000 units?

Problem B) For financial accounting purposes, what is the total amount of period costs incurred to sell 10,000 units?

Problem C) If 8,000 units are sold, what is the variable cost per unit sold?

Problem D) If 12,500 units are sold, what is the variable cost per unit sold?

Problem E) If 8,000 units are sold, what is the total amount of variable costs related to the units sold?

Problem F) If 12,500 units are sold, what is the total amount of variable costs related to the units sold?

Problem G) If 8,000 units are produced, what is the average fixed manufacturing cost per unit produced?

Problem H) If 12,500 units are produced, what is the average fixed manufacturing cost per unit produced?

Problem I) If 8,000 units are produced, what is the total amount of fixed manufacturing cost incurred to sup- port this level of production?

Problem J) If 12.500 units are produced, what is the total amount of fixed manufacturing cost incurred to support this level of production?

Problem K) If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production? What is this total amount expressed on a per unit basis?

Problem L) If 12,500 units are produced, what is the total amount of manufacturing overhead cost incurred?

Reference no: EM132805261

Questions Cloud

How should cottesloe ltd account for the vesting condition : How should Cottesloe Ltd account for the above vesting conditions? Cottesloe Ltd has granted its managing director 50 000 share options
Estimate the variable and fixed cost elements : Using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. what total cost would you expect to be incurred'
Calculate the dividends per share on each class of stock : Lightfoot Inc., a software development firm, has stock outstanding as follows: 20,000 shares of cumulative preferred 3% stock, Calculate the dividends per share
How big data analytics can be used with smart cities : How Big Data analytics can be used with Smart Cities. This is exciting and can provide many benefits to individuals as well as organizations.
What is the total amount of manufacturing overhead cost : If 8,000 units are produced, what is the total amount of manufacturing overhead cost incurred to support this level of production
Discuss the benefits of virtualization software : Discuss the benefits of virtualization software, as described in the text. Do you agree/disagree with these benefits,
What was the value of ending inventory : Sprint Shoes Inc. had a beginning inventory of 9,700 units on January 1, 20X1. What was the value of ending inventory
How access control takes into account human nature : Discuss how Access Control takes into account human nature of their employees to protect the system. All paper are written in APA formatting.
Make a journal entries inclusive from January : Make a journal entries inclusive from January 1,2019 to December 31, 2020, assuming that shares acquired are only 1% of the outstanding stock of Light

Reviews

Write a Review

Managerial Accounting Questions & Answers

  Manage budgets and financial plans

Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.

  Prepare a retained earnings statement

Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.

  Prepare a master budget for the three-month period

Prepare a master budget for the three-month period.

  Construct the companys direct labor budget

Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.

  Evaluate the predetermined overhead rate

Evaluate the Predetermined Overhead Rate

  Determine the company''s bid

Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.

  Compute the pool rates for the different activities

Complete the schedule to compute the pool rates for the different activities.

  Prepare Company financial statements

Prepare Company financial statements

  Prepare an analysis of terracycles

This individual assignment is based on the TerraCycle Inc.

  Discuss the ethical issues

Discuss the ethical issues

  Political resources in emerging markets

Calculate the GDP in Income Approach  and Expenditure Approach

  Management accounting - ehsan electronics company

A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd