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    Harvard university
    Feb-1997 - Aug-2003

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    Strayer University
    Jan-2007 - Present

Category > Accounting Posted 01 Jun 2017 My Price 20.00

QUESTION 20 1. 2. Bateman Corporation

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

 

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Status NEW Posted 01 Jun 2017 04:06 AM My Price 20.00

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