WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X 2,700 $ 25.00 $ 2.00 $ 31.00 A) Product Y 3,200 $28.00 Units produced Per unit sales value at split-off Added processing costs per unit Per unit sales value if processed further The cost of the joint raw material input is $90,000. Which of the products should be processed beyond the split-off point? Product X Product Y yes yes Product Z no yes no yes no ΠΟ yes Product Z 4,200 $ 27.00 $ 4.00 $36.00 $ 4.00 $ 31.00

Packaging Solutions Corporation manufactures and sells a wide variety of packaging products. Performance reports are prepared monthly for each department. The planning budget and flexible budget for the Production Department are based on the following formulas, where q is the number of labor-hours worked in a month:   Cost Formulas Direct labor $16.40q Indirect labor $4,000 + $1.40q Utilities $5,300 + $0.30q Supplies $1,600 + $0.10q Equipment depreciation $18,500 + $3.00q Factory rent $8,200 Property taxes $2,500 Factory administration $13,600 + $0.60q The Production Department planned to work 4,400 labor-hours in March; however, it actually worked 4,200 labor-hours during the month. Its actual costs incurred in March are listed below:   Actual Cost Incurred in March Direct labor $ 70,480 Indirect labor $ 9,340 Utilities $ 7,010 Supplies $ 2,250 Equipment depreciation $ 31,100 Factory rent $ 8,600 Property taxes $ 2,500 Factory…

Belinda Company has the following budgeted variable costs per unit produced:   Direct materials $ 7.50 Direct labour    2.24 Variable overhead:   Supplies   0.33 Maintenance   0.17 Power  0.18   Budgeted fixed overhead costs per month include supervision of $68,000, depreciation of $71,000, and other overhead of $205,000. Required: 1. Prepare a flexible budget for all costs of production for the following levels of production: 120,000 units, 130,000 units, and 145,000 units. 2.  What is the per-unit total product cost for each of the production levels from Requirement 1? (Round each unit cost to the nearest cent.)

WP Corporation produces products X, Y, and Z from a single raw material input in a joint production process. Budgeted data for the next month is as follows: Product X Product Y Product Z 1,800 2,300 3,300 $16.00 $19.00 $18.00 Added processing costs per unit $ 3.00 $5.00 $5.00 Per unit sales value if processed further $ 20.00 $ 20.00 $25.00 The cost of the joint raw material input is $71,000. Which of the products should be processed beyond the split-off point? Product XProduct Y Product Z A) yes yes Units produced Per unit sales value at split-off B) yes C) no D) no no yes yes no yes no yes

The following data have been provided by Mathews Corporation:  Budgeted production 6,900 units Standard machine-hours per unit 9.4 machine-hours Standard lubricants rate $1.20 per machine-hour Standard supplies rate $1.00 per machine-hour Actual production 7,000 units Actual machine-hours (total) 66,230 machine-hours Actual lubricants cost (total) $78,100   Actual supplies cost (total) $66,536   Lubricants and supplies are both elements of variable manufacturing overhead. The variable overhead rate variance for supplies is closest to:

Stupji Ltd uses activity based costing. The budgeted distribution costs for the next year are: Transport costs                                $2,631 Order processing                              $1,573                                                          -------- Total distribution costs                   $4,204 It is estimated that in the next year, 325,000 orders will be processed, and that the delivery vehicles will travel 1,495,000 km. A customer has indicated that 138 orders, each of which will require a journey of 122 km for each order will be placed next year. To the nearest $, what is the distribution cost for this customer? a. $47,342 b. $38,891 c. $30,299 d. $1,785

The Document Creation Center (DCC) for Arlington Corp. provides photocopying and document services for three departments in the Minneapolis office. The following budget has been prepared for the year.         Available capacity 8,100,000 pages Budgeted usage:     Software Development 1,700,000 pages Training 3,100,000 pages Management 2,500,000 pages Cost equation $285,000 + $0.02 per page   If DCC uses a dual-rate for allocating its costs based on usage, how much cost will be allocated to the Software Development Department?   Multiple Choice   $116,740.   $100,370.   $45,630.   $162,000.

The Document Creation Center (DCC) for Arlington Corp. provides photocopying and document services for three departments in the Minneapolis office. The following budget has been prepared for the year.        Available capacity 8,000,000 pages Budgeted usage:     Software Development 1,600,000 pages Training 3,000,000 pages Management 2,400,000 pages Cost equation $280,000 + $0.03 per page   If DCC uses a dual-rate for allocating its costs, how much cost will be allocated to the Training Department, assuming the Training Department actually made 2,770,000 copies during the year?   Multiple Choice   $193,900.   $203,100.   $180,050.   $190,079.

Elevator Co. makes two product models, A and B, and provides both installation and inspection services for its customers. Budgeted information is as follows:   Installation Inspection Total Budgeted overhead 300,000 210,000 510,000 Budgeted labor hours 2,000 3,000 5,000   Product A Product B Total Direct labor hours per unit: 2.0 1.5 5,000 Installation 1.0 0.5 2,000 Inspection 1.0 1.0 3,000 Units 1,000 2,000 3,000 The company uses a departmental method to allocate overhead in each of the two cost pools - installation and inspection. How much overhead per unit is allocated to product B if the company uses direct labor hours as the allocation base? Choose any of the answer below.   A. 145 B. 105 C. 110 D. 225

T-Shirt Co. makes two products: A and B. In the cutting department, budgeted information is as follows: Budgeted manufacturing overhead: $400,000 Budgeted machine hours: 80,000 Budgeted units produced: 50,000 The company allocates overhead based on units produced. The actual number of machine hours spent on product B is 30,000 and 10,000 units of product B are produced. How much is the manufacturing overhead of product B in the cutting department? 80,000 230,000 320,000 150,000