Maurice Tutor

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About Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 402 Weeks Ago
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Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 15 Aug 2017 My Price 4.00

Raw materials costing

Manufacturing overhead—multiple application bases Staley Toy  Co.  makes toy flutes. Two  manufacturing overhead application bases are used; some  overhead is applied on the basis of machine hours at a rate of $5.60 per machine hour, and the balance of the overhead is applied at the rate of 240% of direct labor cost.

Required:

a.       Calculate the cost per unit of October production of 4,200 toy flutes that required

1.      Raw materials costing $490.

2.      21 direct labor hours costing $357.

3.      36 machine hours.

b.      At the end of October, 3,870 of these toy flutes had been sold. Calculate the ending inventory value of the toy flutes still in inventory at October, 31.

Answers

Maurice Tutor
(5)
Status NEW Posted 15 Aug 2017 11:08 AM My Price 4.00

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