For each of the following independent cases (A through E), compute the missing values in the ta Case A B CDE Prime Cost 6,950 11,660 Conversion Cost 11,580 7,970 20,510 Direct Materials $ 2,010 $ 2,120 1,410 3,340 Direct Labor Manufacturing Overhead 1,020 $ 3,140 2,030 3,620 6,750 2,900 Total Manufacturing Cost 9,380 5,990

From the following information, prepare an Income Statement under: (a)  Marginal Costing; (b)   Absorption Costing. Particulars Product          (RO) X Y Z Direct Material 5,500 20,000 2,000 Direct Wages 7,000 7,000 1,000 Factory Overheads - Fixed 2,000 1,000 1,500 Factory Overheads - Variable 1,900 8,000 2,500 Selling Overheads - Fixed 1,000 500 400 Selling Overheads - Variable 1,000 4,000 1,000 Sales 22,000 41,000 12,000 Fixed factory overhead and fixed selling overhead apportioned to products X, Y and Z on equitable bases.

Shore Company reports the following information regarding its production cost. Units produced 36,500 units $ 27.25 per unit Direct labor $28.25 per unit Direct materials $675,250 in Variable overhead total $ 129,940 in Fixed overhead total Compute production cost per unit under absorption costing. O $74.00 O $77.56 O $55.50 O $27.25 O $18.50

Total Material cost is 260000 OMR Fixed cost is 0. calculate Total Vairable cost a. 260000 OMR b. 250000 Units c. 256000 Units d. 256000 OMR

Based on the following information from ASX Corporation, calculate its total contribution margin. Revenue $133,500 Direct Material $26,700 Direct Labor $19,580 Variable Overhead $18.690 Fixed Overhead $17.800 Sales Commission $10,680 $8,010 Fixed Selling Cost O a $32.040 Ob $50.370 Oc $57.850 Od $68.530 РОСОРНONЕ SHOT ON POCOPHONE F1

Use the information in the following table to compute each department's contribution to overhead (both in dollars and as a percent). (Round Contribution percent to 1 decimal place.) Sales Cost of goods sold Gross profit Total direct expenses Contribution to overhead Contribution percent (of sales) O Department A O Department B Department C Dept. A $ 57,000 35,910 21,090 5,820 Dept. B $207,000 107,640 99,360 44,200 Which department contributes the largest dollar amount to total overhead? Department A O Department B O Department C Dept. C $ 77,000 40,810 36,190 9,146 Which department contributes the highest percent (as a percent of sales) to total overhead?

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3

Under process 2, what is the equivalent unit of production on materials and conversion, respectively? * 5,700 and 5,700 5,440 and 5,460 6,000 and 5,850 5,600 and 5,600

Part B: Assuming Wildhorse uses the FIFO method of process costing, complete Step 4 to determine its cost per equivalent unit for both DM and conversion costs. (Round cost per equivalent unit answers to 2 decimal places, e.g. 15.25.)     DM   Conversion Costs Total equivalent units of work done this period (FIFO)   29,000   26,000   STEP 4 Calculate Cost Per Equivalent Unit   DM   Conversion Cost select an item                                                                       Correct answer   $enter a dollar amount Correct answer   $enter a dollar amount Correct answer select an item                                                                       Correct answer   enter a number of unitsCorrect answer   enter a number of unitsCorrect answer select a closing name                                                                       Correct answer   $enter a dollar amount rounded to 2 decimal places    $enter a dollar amount rounded to 2…