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What overhead from process a to be applied to product y is

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Reference no: EM132762847

Problem 1: CVP analysis will answer all of these questions except:

A. Why does actual overhead exceed applied overhead?
B. What is the most profitable sales mix?
C. How many more sales are required to offset an increase in variable costs?
D. If labour is replaced with machinery what will happen to profit?
E. None of the above, i.e. all are questions that can be answered by CVP

Problem 2: Barry & Co produces a range of products through several processes. Total overhead costs for process A are $400,000 and overhead is allocated to units of product on the basis of $6 of overhead for each hour of direct labour employed. If 7,000 units of product Y pass through process A requiring 3,500 direct labour hours the overhead from process A to be applied to product Y is:

A. $66,667
B. $24,000
C. $42,000
D. $21,000
E. None of the above

Reference no: EM132762847

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