M B E F H 39 40 41 4) Ramirez Corporation sells two types of computer hard drives. The sales mix is 30% (Q-Drive) and 70% (Q-Drive Plus). Q- 42 Drive has variable costs per unit of $90 and a selling price of $150. Q-Drive Plus has variable costs per unit of $105 and a 43 selling price of $195. The weighted average unit contribution margin for Ramirez is 44 a. $69 45 b. $150 46 c. $75 47 d. $81 48 49 50 51 5) All of the following items are debited to the Work in Process Inventory account except: 52 a. Cost of the completed goods being transferred out of the plant. 53 b. Direct labor cost consumed/incurred. 54 C. Applied factory overhead cost 55 d. Direct materials cost consumed/used 56 57 58 59 6) Montreal Industries Inc. had the following activities during the year 60 Direct materials: 61 Beginning inventory $50,000 62 Purchases 154 000 63 Ending inventory 26,000 64 Direct manufacturing labour 40.000 65 Manufacturing overhead 30,000 10.000 66 Ending work-in-progess inventory 67 Beginning work in process inventory 2.000 40.000 68 Ending finished goods inventory 69 Beginning finished goods inventory 50.000 70 71 What is Montreal's cost of direct materials used during the year? 72 a 5128.000 73 $24,000 74 c. 5204.000 75 d. $218.000 76 5178,000 807) Montreal Industries Inc. had the following activities during the year: 31 Direct materials: Beginning inventory 550.000 Multiple Choice 01 02 03 Ere IT Type here to search