Direct materials Average Cost per Unit $ 7.50 Direct labor $ 4.50 Variable manufacturing overhead $...
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Direct materials Average Cost per Unit $ 7.50 Direct labor $ 4.50 Variable manufacturing overhead $ 2.00 Fixed manufacturing overhead $ 5.50 Fixed selling expense $ 4.00 Fixed administrative expense $ 3.00 Sales commissions $ 1.50 Variable administrative expense $ 1.00 ces Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 17,250 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $51,750 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 17,250 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 17,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? Note: For all the requirements, round per unit values to 2 decimal places. 1a. Direct material cost per unit 1a. Direct labor cost per unit Show less A Direct materials Average Cost per Unit $ 7.50 Direct labor $ 4.50 Variable manufacturing overhead $ 2.00 Fixed manufacturing overhead $ 5.50 Fixed selling expense $ 4.00 Fixed administrative expense $ 3.00 Sales commissions $ 1.50 Variable administrative expense $ 1.00 ces Required: 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? 2. Assume the cost object is the Manufacturing Department and that its total output is 17,250 units. a. How much total manufacturing cost is directly traceable to the Manufacturing Department? b. How much total manufacturing cost is an indirect cost that cannot be easily traced to the Manufacturing Department? 3. Assume the cost object is the company's various sales representatives. Furthermore, assume that the company spent $51,750 of its total fixed selling expense on advertising and the remainder of the total fixed selling expense comprised the fixed portion of the company's sales representatives' compensation. a. When the company sells 17,250 units, what is the total direct selling expense that can be readily traced to individual sales representatives? b. When the company sells 17,250 units, what is the total indirect selling expense that cannot be readily traced to individual sales representatives? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Required 3 1. Assume the cost object is units of production: a. What is the total direct manufacturing cost incurred to make 17,250 units? b. What is the total indirect manufacturing cost incurred to make 17,250 units? Note: For all the requirements, round per unit values to 2 decimal places. 1a. Direct material cost per unit 1a. Direct labor cost per unit Show less A
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Related Book For
Managerial Accounting
ISBN: 978-0618777181
8th Edition
Authors: Susan V. Crosson, Belverd E. Needles
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