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MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
QUESTION 20 1. 2. Bateman Corporation, which has only one product, has provided the
following data concerning its most recent month of operations:
Selling price
$117
Units in beginning inventory
0
Units produced
4,700
Units sold
4,400
Units in ending inventory
300
Variable costs per unit:
Direct materials
$36
Direct labor
$38
Variable manufacturing
$4
overhead
Variable selling and
$11
administrative
Fixed costs:
Fixed manufacturing
$89,30
overhead
0
Fixed selling and
$26,40
administrative
0
What is the unit product cost for the month under variable costing? $89 per
unit
$97 per
unit
$108 per
unit
$78 per
unit 1.
3 points
QUESTION 21 1. At an activity level of 8,800 units, Pember Corporation's total variable
cost is $146,520 and its total fixed cost is $219,296. Required:
For the activity level of 8,900 units, compute: (a) the total variable cost; (b)
the total fixed cost; (c) the total cost; (d) the average variable cost per unit;
(e) the average fixed cost per unit; and (f) the average total cost per unit.
Assume that this activity level is within the relevant range. Path: p Words:0
8 points
QUESTION 22 1. Marano Corporation produces and sells a single product. In October,
the company sold 6,200 units. Its total sales were $223,200, its total variable
expenses were $105,400, and its total fixed expenses were $100,400.
Required:
a. Construct the company's contribution format income statement for
October.
b. Redo the company's contribution format income statement assuming that
the company sells 6,400 units.
Submit your answer in a table format for each prompt. You can create a table
in your answer submission box by clicking the table icon in the formatting
toolbar ( ). Path: p Words:0
8 points
QUESTION 23 1. Mat Corporation's actual manufacturing overhead cost for the month
ended March 31 was $78,000. The company's predetermined overhead rate
was 50% of direct labor cost. Other information pertaining to Mat Corporation's inventories and production for the month of March is as
follows:
Beginning inventories,
March 1:
Work in process
Finished goods Direct materials cost
Direct labor cost $40,00
0
$102,0
00
$104,0
00
$160,0
00 Ending inventories, March
31:
Work in process
Finished goods $36,00
0
$105,0
00 2. Required:
a. Determine the underapplied or overapplied overhead for the month.
b. Determine the Cost of Goods Manufactured for the month.
Submit your answer in a table format. To create, click the table icon ( 3. ) on the top of your answer submission box. Path: p Words:0
8 points
QUESTION 24 1. Sproull Inc., which produces a single product, has provided the
following data for its most recent month of operation: Number of units produced
Variable costs per unit:
Direct materials
Direct labor
Variable manufacturing overhead
Variable selling and administrative
expenses
Fixed costs:
Fixed manufacturing overhead
Fixed selling and administrative
expenses 2,000
$21
$75
$7
$6
$116,0
00
$40,00
0 2. The company had no beginning or ending inventories.
Required:
a. Compute the unit product cost under absorption costing.
b. Compute the unit product cost under variable costing.
3. Submit your answer in table format. Create a table by clicking the table 4. icon ( ) in the formatting bar at the top of your answer submission box. 5. Path: p Words:0
8 points
QUESTION 25 1. Data for March concerning Mauger Corporation's two major business
segments-Fibers and Feedstocks-appear below:
Sales revenues, Fibers $560,0
00 Sales revenues, Feedstocks
Variable expenses, Fibers
Variable expenses, Feedstocks
Traceable fixed expenses, Fibers
Traceable fixed expenses,
Feedstocks $810,0
00
$235,0
00
$348,0
00
$90,00
0
$113,0
00 2. Common fixed expenses totaled $461,000 and were allocated as follows:
$249,000 to the Fibers business segment and $212,000 to the Feedstocks
business segment.
Required:
Prepare a segmented income statement in the contribution format for the
company. Omit percentages; show only dollar amounts. Please submit in a
table format, which can be created by clicking the table icon (
top of your answer box. ) on the
Â
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