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- MANUFACTORING Investigate % A packaging employee making $18 per hour can package 90 items during that hour. The direct material cost is $1.20 per item. What is the total direct cost of 1 item? A. $1.20 C. $1.40 o' F5 ^ F6 & F7 S F8 B. $0.20 a D. $1.00 DELL F9 I= ACC prtsc F10 home F11 end F12+ I/ MI * 00 HI ( (O 因 %#3 Chapter 11 & 13 Review G Saved Help Save & Exit Subr Palace Company has two service departments and two user departments. The number of employees in each department is: Personnel Cafeteria 25 Producing Department A Producing Department B 067 255 580 The fixed costs of the Personnel Department are allocated on a basis of the number of employees. If these costs are budgeted at $96,280 during a given period, the amount of cost allocated to the Cafeteria under the step method would be: Multiple Choice 10:25 P nere to search 4/26/202 PrtSc Delete F8 F10 F11 F12 Ins +D 65 区 F5 F4 & %23 5. 80 4. D G Alt Ctrl Altyout References Mailings Review View A A Aa AEE-FE x² A--A- ES ht 09 1 Paragraph 2 1 1 Total Cost 1 No of Guests Jo P¶¶4 21 LT Direct Costs Selling overhead Administration overhead Document1 Word Help Y 17 The Aldorf Wastoria. The Financial Manager of Aldorf Wastoria has prepared the following flexed budget for 2023. The Aldorf is a large hotel, which can provide up to a maximum of 22,000 guest nights per year. Acrobat Tell me what you want to do AaBbCcDc AaBbCcDc AaBbCc AaBbcct AaE B 1 Normal 1 No Spac... Heading 1 Heading 2 Title 15,400 £ [W] 231,000 264,000 1,318,800 1,338,600 900,000 900,000 Capacity 17,600 £ 11 8 Styles 5 2,449,800 2,502,600 2,555,400 Due to the recent poor weather, the Sales Manager has suggested that 15,000 guests is a more realistic target for 2023. Based on this, what are the expected total costs for 2023? 19,800 £ 297,000 1,358,400 900,000 6 → pri sc 36°C Mostly
- Gunes Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the first processing department consisted of 800 units. The costs and percentage completion of these units in beginning inventory were: Percent Cost Complete Materials costs $10,600 $12,800 65% Conversion costs 30% A total of 8,500 units were started and 7,400 units were transferred to the second processing department during the month. The following costs were incurred in the first processing department during the month: Cost Materials costs $142,100 $359,500 Conversion costs The ending inventory was 50% complete with respect to materials and 35% complete with respect to conversion costs. The cost per equivalent unit for conversion costs for the first department for the month is closest to: Multiple Choice $40.03 12 stv MacBook Air 80 DII DD F2 F5 F6 F3 F4 F7 FB F9 F11 @ 23 $ & 3 4 7 8. 9. W E T Y U 11 S F H. J K > C. V B .. .. * 00+ I/ * 00 The contribution margin ratio is 20% for Crowne Company and the break-even point in sales is $300,000. If Crowne Company's target operating profit is $70,000, sales would have to be: 6. 01:24.10 Multiple Choice $370,000. 000'099$ () $400,000. 000'0sE$ Mc Graw < Prev 9 of 20 Education 802 PM P Type here to search Bb 回口 近 2/24/2021 PrtSc Delete IS 风 +DO F5 F8 F11 F12 su & Backspac 4. G H. B Alt Alt Ctrl HomeAaBbCcDd AaBbCcDd AABBC AaBbCcL 三、 v 1 Normal 1 No Spac... Heading 1. Heading 2 華 Paragraph Styles 8. Jumpst Corporation uses the cost formula Y = $5,000 + $3.00X for the maintenance cost in Department B, where X is machine-hours. The August budget is based on 10,000 hours of planned machine time. Maintenance cost expected to be incurred during August is: A. $30,000 B. $50,300 C. $31,500 D. $35,000 9. Muscat company, reported the following results for January: Number of units 10,000 Selling price Total Variable selling expense Total Variable administrative expense Total fixed selling expense Total fixed administrative expense Merchandise Beginning $10 $7,000 $10,000 $20,000 $8,000 $5,000 Merchandise Purchase $50,000 $10,000 Merchandise Ending Based on traditional income statement Muscat company's net profit will be? A. $10,000 B. $15,000 C. $55,000 D. $18,000 10. Which of the following statement is correct about managerial accounting? A. Its prepared on annual basis. B. Creditors are…
- QUESTION 8 In a hospital the average cost per month is $2.300.000 for 10 patients per day when it is less busy. In the busy period the average cost per month attains $2.800.000 when there are 15 patients per day. Calculate the fixed and variable costs assuming that next month there will be 14 patients per day.a) Variable cost: $2.300.000 and fixed cost: $1.300.000b) Variable cost: $1.400.000 and fixed cost: $1.200.000c) Variable cost: $1.400.000 and fixed cost: $1.300.000d) Variable cost: $1.500.000 and fixed cost: $1.300.000Customer A Customer B Sales volume (units) 500 500 Price $20 $20 Total number of orders 7 10 Total number of technical support calls 2 3 Your variable cost per unit is $10. Using your ABC system, you determine that each order costs you $50 to process, and each technical support call costs you $20. What is the profit of Customer A? $4,610 $5,000 $10,000 $9,610PART I Brave Heart Hospital showed the following major hospital costs at various levels of activity for CY 2020: Month Hospital Admission Major Hospital Cost(P) February 1,300 P850,000.00 March 8,500 P1,350,000.00 April 1,600 P1,150,000.00 May 1,400 P950,000.00 June 1,200 P800,000.00 July 200 P50,000.00 August 1,650 P1,200,000.00 September 1,550 P1,050,000.00 The breakdown of the major hospital costs in the month of May at 1,400 hospital admission is as follows: Accommodation Expense (Variable) P400,000.00 Utilities (Fixed) P300,000.00 Medicine (Mixed) P250,000.00 Total Overhead Cost P950,000.00 Requirements: 1. Determine how much of major hospital cost for the month of August of P1,200,000.00 consisted of medicine cost 2. Using high-low method, determine the cost function for Medicine 3. Using high-low method, determine the cost function for major hospital cost 4. What would be the total major hospital cost if hospital admission is at 2,000?
- Use the following information: Department Cost Percentage Service Provided to S1 S2 P1 P2 Service 1 (S1) $ 118,000 0% 45% 35% 20% Service 2 (S2) 50,000 20 0 20 60 Production 1 (P1) 405,000 Production 2 (P2) 276,000 Total $ 849,000 a. What percentage of S1’s costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.) b. What percentage of S2’s costs is allocated to P1 and to P2 under the direct method? (Round your answer to the nearest fraction.) Question 2. The following information relates to a joint production process for three products, with a total joint production cost of $175,000. There are no separable processing costs for any of the three products. Product Sales Value at Split-Off Units at Split-Off 1 $ 227,500 680 2 87,500 1,020 3 35,000 1,700 $ 350,000 3,400 a. What percentage of joint cost is allocated to each of the three products using the…$100,000 80,000 60,000 40,000 20,000 0 Cost-Volume-Rofit Graph Multiple Choice O F 1.000 2.000 3.000 Refer to the figure above. Line A is the: variable cost line. total revenue line. total cost line. H fixed cost line. profit line. D m B 4.000 5.000 Unitsonedrive.live.com/?cid%3D95827CFFCF17 ايسر سبين 3، را Join Meeting - Zoom Sign In Zoom Micr... - Jg Juzeui Goo صدارات Exercise 1. Classify the below cost on their behavior (Fixed Costs and Variable Costs) (a) Rent of Factory Building, (b) Managerial Salaries, (c)Direct wages, (d) Direct Materials, (e) Building Insurance, (f) Commission of salesman, (g)Municipal taxes, (h) Power, (1) Normal Spoilage, G) Small tools Exercise 2 The Information bellow has been taken from production department of XYZ Company for December is as follows: Total Costs Variable Cost Fixed Cost Material used in Production OMR 200000 200000 Labour used in Production 150000 100000 50000 (Assembly and supervisor) Production Facilities cost ( 50000 40000 10000 rent general, utilities.)