The total prime cost of a product was OMR6,500. The variable manufacturing overhead is calculated based on the number of direct labor hours. The variable manufacturing overhead cost per hour is five times the direct labor cost per hour. The fixed manufacturing overhead was OMR4,500. Assuming that direct labor hours were 600 and that the direct labor cost was 30% of direct materials cost, how much is the total manufacturing cost? Select one: O a. OMR18,500 O b. OMR11,000 O c. OMR43,500 O d. OMR16,500 O e. OMR39,000

Suppose that Patron Company sells a product for $24. Unit costs are as follows: Direct materials $4.98 Direct labor 2.58 Variable factory overhead 1.00 Variable selling and administrative expense 2.00   Total fixed factory overhead is $30,000 per year, and total fixed selling and administrative expense is $11,664.   Required: 1. Calculate the variable cost per unit and the contribution margin per unit. 2. Calculate the contribution margin ratio and the variable cost ratio. 3. Calculate the break-even units. 4. Prepare a contribution margin income statement at the break-even number of units. Enter all amounts as positive numbers.

In Marshall Company, data concerning two products are unit contribution margin-Product A $16, Product B $12; machine hours required for one unit-Product A 4, Product B 4. Compute the contribution margin per unit of limited resource for each product. (Round answers to 2 decimal places, e.g. 0.15.) Contribution margin per unit of limited resource $ Product A $ Product B

[The following information applies to the questions displayed below.] Martinez Company's relevant range of production is 7,500 units to 12,5 its average costs per unit are as follows: Direct materials Direct labor Variable manufacturing overhead Fixed manufacturing overhead Fixed selling expense Fixed administrative expense Average Cost per Unit 6.20 3.70 $1.60 $4.00 $ 3.20

Gilder Corporation makes a product with the following standard costs: Standard Quantity or Hours 7.6 grams 0.1 hours 0.1 hours Direct materials. Direct labor. Variable overhead.. Actual direct labor-hours.... Actual cost of raw materials purchases.. Actual direct labor cost.... Actual variable overhead cost. Standard Price or Rate Standard Cost Per Unit $6.00 per gram $16.00 per hour $6.00 per hour The company reported the following results concerning this product in June. Originally budgeted output.. Actual output... 5,400 units 5,500 units 39,200 grams 44,100 grams Raw materials used in production Purchases of raw materials 510 hours $260, 190 $240 U $216 U $240 F $216 F $7,803 $2,754 $45.60 $1.60 $0.60 The company applies variable overhead on the basis of direct labor-hours. The direct materials purchases variance is computed when the materials are purchased. The variable overhead efficiency variance for June is:

Cool Pool has these costs associated with production of 25,847 units of accessory products: direct materials, $68; direct labor, $105; variable manufacturing overhead, $48; total fixed manufacturing overhead, $780,482. What is the cost per unit under the absorption method? Round to the nearest penny, two decimal places.

Koontz Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May.     Standard Cost per Unit   Actual Cost per Unit Direct materials:       Standard: 1.90 feet at $3.20 per foot $ 6.08     Actual: 1.85 feet at $3.60 per foot     $ 6.66 Direct labor:       Standard: 1.00 hours at $19.00 per hour 19.00     Actual: 1.05 hours at $18.40 per hour     19.32 Variable overhead:       Standard: 1.00 hours at $8.00 per hour 8.00     Actual: 1.05 hours at $7.60 per hour     7.98 Total cost per unit $ 33.08   $ 33.96 Excess of actual cost over standard cost per unit   $ 0.88     The production superintendent was pleased when he saw this report and commented: “This $0.88 excess cost is well within the 4 percent limit management has set for acceptable variances. It's obvious that there's not much to worry about with this product."   Actual production for the month was 15,500 units.…

Ashvin

Using the information below from Planters, Inc., what is the cost per unit under both variable and absorption costing? Production 7,000 Direct Materials $250 Direct Labor 250 Variable Manufacturing Overhead 110 Fixed Manufacturing Overhead 700,000 Variable Absorption Method Method Cost per unit $

Koontz Company manufactures a number of products. The standards relating to one of these products are shown below, along with actual cost data for May.     Standard Cost per Unit     Actual Cost per Unit Direct materials:                 Standard: 1.90 feet at $4.40 per foot $ 8.36             Actual: 1.85 feet at $4.80 per foot             $ 8.88 Direct labor:                 Standard: 0.95 hours at $18.00 per hour   17.10             Actual: 1.00 hours at $17.50 per hour               17.50 Variable overhead:                 Standard: 0.95 hours at $6.00 per hour   5.70             Actual: 1.00 hours at $5.60 per hour               5.60 Total cost per unit $ 31.16         $ 31.98 Excess of actual cost over standard cost per unit       $ 0.82         The production superintendent was pleased when he saw this report and commented: “This $0.82 excess cost is well within the 4 percent limit management has set for acceptable variances. It's obvious that…