Hence, Correct Answer Is $10,178
Hence, Correct Answer Is $10,178
Hence, Correct Answer Is $10,178
Question 9.
Variable cost per hour = Change in overhead costs / Change in activity level
Variable cost per hour = ($14,182 - $8,748) / (4,200 hours 2,300 hours) =
$5,434/1,900 hours = $2.86 per hour
Fixed overhead cost = Total overhead cost at 4200 hours Variable overhead
cost = $14,182 ($2.86 * 4,200 hours) = $2,170
Estimated cost for 2,800 machine hours = Variable cost + Fixed cost = (2,800
hours * $2.86) + $2,170 = $10,178
Question 10.
Estimated direct labor hours = Estimated direct labor cost/Direct labor rate =
$50,000/$5 per hour = 10,000 direct labor hours
Question 13.
Units remaining in process at the end of the month = Units started during the
month Units completed = 200,000 units 190,000 units = 10,000 units
Equivalents units of ending work in process = 10,000 units * 70% = 7,000 units
Material costs per unit of production = $3,152,000/197,000 units = $16 per unit
Material cost of ending work in process = $16 per unit * 7,000 units = $112,000