A manufacturer has the following production costs for 5,000 units: ⚫ Direct materials = $45,000 • . Direct labor = $25,000 ⚫ Variable overhead = $20,000 • ⚫ Fixed overhead = $35,000 Calculate the total cost per unit. A. $18.00 B. $20.00 C. $25.00 D. $28.00

Direct materials = $10 per unitDirect labor = $5 per unitVariable manufacturing overhead = $2 per unitFixed manufacturing overhead = $1,000Units produced is 1,000 units What is the cost per unit using the absorption method?            What is the cost per unit using the variable method?

Eon Ltd produces 15,000 products with Variable Cost per unit being £7 direct materials, £10 direct labour, and £24 variable overhead. In addition to the per-unit costs, the fixed overhead is £75,000. What is the unit cost of the product using the absorption costing technique?   a. £42   b. £46   c. £52   d. £56

Lighthouse Company had the following information: At a manufacturing level of 5,000 units, variable and fixed manufacturing costs are $30 and $8 per unit, respectively. Selling price is $60 per unit. What is the total manufacturing cost for 10,000 units?   a. $300,000   b. $380,000   c. $340,000   d. $600,000

Company XYZ has total prime cost of $12,000 and total conversion cost of $24,000. Assume that manufacturing overhead cost is five times the direct labor cost how much is the direct materials cost Select one: O a. 8,000 O b.4.000 O C. None of the given answers O d. 12.000 O e. 20,000

Complete the following manufacturing cost schedule (a through j) for Lazer Tag. Parts Produced 50,000 100,000. TOTAL COSTS: Variable $75,000 $150,000. Fixed ..

Company XYZ has total prime cost of $6,000 and total conversion cost of $12,000. Assume that manufacturing overhead cost is three times the direct labor cost, how much is the direct materials cost? Select one: O a. 6,000 O b. None of the given answers O C. 4,000 O d. 9,000 O e. 3,000

clarks Ltd uses the following cost function: Y = $7000 + $8.50X. If the number of units  produced in a month is 200, what would be the total cost? a)     $7,170 b)    $7008.50 c)     $8,700 d)    $7,800

The standard costs and actual costs for direct materials for the manufacture of 3,000 actual units of product are Actual Material price per pound of direct material Quantity of material in pound per unit of product Actual production untis of product BDMOV (AQ SQ) for Actual Production x SP C DMCV DMPV + DMOV Actual cost per unit of product (AC) Standard costs per unit of product (SC) $8.00 Alternate formula to compute DMCV= (Actual cost-standard cost) per unit x # of units 065 3,000 Required: Compute the followings variances and indicate if they are favorable (F) or unfavorable (UF) A. Direct material Price variance (DMPV) B. Direct matenal Quantity variance (DMQV) C. Total Direct material Cost variance (DMCV) Solution: A.DMPV = (AP-SP) x AQ for Actual Production Standard Variance $ For UF ($1,462 50) F ($5,250.00) F AQ $8.75 SQ 0.45 ($6.712 50) F 1950 1350 Acronyms: AP Actual price per unit of Material SP Standard price per unit of Material AQ-Actual quantity of Material for Actual…

Lillibridge & Friends, Incorporated provides you with the following data for its single product: Sales price per unit $ 170   Fixed costs (per quarter):     Selling, general, and administrative (SG&A) 1,500,000   Manufacturing overhead 4,500,000   Variable costs (per unit):     Direct labor 20   Direct materials 23   Manufacturing overhead 21   SG&A 17   Number of units produced per quarter 500,000 units Required: Compute the amounts for each of the following assuming that the production levels are within the relevant range if the number of units is 500,000 per quarter. Also calculate if the number of units increases to 600,000 per quarter. Note: Do not round intermediate calculations. Round your answers to 2 decimal places.