The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the manufacturing overhead cost ($). O a. 10,000 O b. 15,000 Ос. 30,000 O d. 5,000 O e. 45,000

The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the manufacturing overhead cost ($). O a. 10,000 O b. 15,000 Ос. 30,000 O d. 5,000 O e. 45,000

Name: The prime cost for company XYZ was $20,000, while the conversion cost
Uploaded: 2024-03-20T06:32:49.000Z
Channel: Bartleby
Description: The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that directlabor cost is three times the direct materials cost and that the manufacturing overhead cost was two timesthe direct materials cost. Calculate the m

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 1PB: The following product costs are available for Stellis Company on the production of erasers: direct...

See similar textbooks

Similar questions

The following product costs are available for Stellis Company on the production of erasers: direct materials, $22,000; direct labor, $35,000; manufacturing overhead, $17,500; selling expenses, $17,600; and administrative expenses; $13,400. What are the prime costs? What are the conversion costs? What is the total product cost? What is the total period cost? If 13,750 equivalent units are produced, what is the equivalent material cost per unit? If 17,500 equivalent units are produced, what is the equivalent conversion cost per unit?
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct materials cost ($). O a. 15,000 O b. 5,000 O c. 10,000 O d. 30,00O O e. 45,000
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the total manufacturing cost ($). O a. 30,000 O b. 15,000 Oc 10,00O O d. 5,000 O e. 45,000
The prime cost for company XYZ was $28,000, while the conversion cost was $35,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost . Calculate the manufacturing overhead cost ($). a. 14,000 b. 63,000 c. 42,000 d. 21,000 e. 7,000
The total prime cost for company XYZ was three times the conversion cost. The direct labor cost was $20,000 while the manufacturing overhead cost was $30,000. How much was the direct materials cost ($)? O a. 120,000 O b. 90,000 O c. 130,000 O d. None of the given answers О е. 150,000
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct materials cost ($). O a. 15,000 O b. 30,000 O c. 10,000 O d. 5,000 O e. 45,000 JS PAGE NEXT PAGE 11:37 re to search ADA 4x ENG 22-05-2021 hp prt se 144 delete home wnd 7\ 9 + backspace num lock L. E 8 A home D. K enter 50 pause B 1 shift 11 end alt ctrl 立
The total conversion cost for company XYZ was four times the prime cost. The direct labor cost was $30,000 while the direct materials cost was $20,000. How much was the manufacturing overhead cost ($)? O a. 170,000 O b. 200,000 c. None of the given answers O d. 180,000 e. 80,000 е.
The prime cost for company XYZ was $20,000, while the conversion cost was $25,000. Assume that direct labor cost is three times the direct materials cost and that the manufacturing overhead cost was two times the direct materials cost. Calculate the direct materials cost ($). O a. 45,000 O b. 15,000 Oc. 5,000 O d. 10,000 O e. 30,000 Al-Nahdha company is preparing its cash budget for the first half of the year 2022. The company records shows that it has $20,000 in the cash at the start of the period. Cash collections from customers for the period are budgeted at $56,000. Purchases of inventory as budgeted will cost cash payment during the period of $50,000. The Company intends to keep its cash balance at the end of the period at $10,000. Other operating expenses for this period are budgeted at $30,000, which includes $4,000 depreciation and any cash expenses are paid in the month incurred. How much borrowing will the company need in the Finis
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
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
When Zee Corporation produces 25,000 units, its fixed cost is $21.00 per unit. Zee's fixed cost will if it produces 20,000 units. а. remain at $21.00 per unit b. increase by $5.25 per unit С. increase by $26.25 per unit d. decrease to $16.80 per unit а. С ОБ. В с. D O d. A
The total prime cost for company XYZ was twice the conversion cost. The direct labor cost was $10,000 while the manufacturing overhead cost was $25,000. How much was the direct materials cost ($)? O a. 60,000 O b. 50,000 O c. 70,000 O d. 45,000 e. None of the given answers