QUESTION 19 Green and White Company reported the following monthly data: Units produced 2,000 Sales price...

   

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QUESTION 19 Green and White Company reported the following monthly data: Units produced 2,000 Sales price $ 25 Direct materials $1 units per unit per unit Direct labor $24 per unit Variable overhead $ 3 per unit Fixed overhead $ 8,000 in total What is Green and White's contribution margin for this month if 980 units were sold? O $21,560 $38,000 O $50,000 O $24,500 O $18,620 QUESTION 20 A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Puhase orders Square feet Setups Purchasing $ 675,000 Factory services 160,000 Setup 325,000 22,500 25,000 250 purchase orders square feet. Setups Compute an activity rate for each activity O Purchasing: $32 per purchase order, Factory services: $8.00 per square foot, Setup: $1,440 per setup. O Purchasing: $34 per purchase order, Factory services: $9.10 per square foot, Setup: $1,100 per setup. O Purchasing: $22 per purchase order; Factory services: $7.00 per square foot, Setup: $1,500 per setup. Purchasing: $30 per purchase order, Factory services: $6.40 per square foot, Setup: $1,300 per setup. O Purchasing: $27 per purchase order, Factory services: $7.20 per square foot, Setup; $1,220 per setup. QUESTION 21 Cycling Corporation identified the following budgeted data for this year. The company produces two types of bicycles, Recreational and Racing. Activity Handling materials $ 2,500,000 Quality inspection Purchasing Total Budgeted Overhead Cost Budgeted Activity 400,000 O $250 per DLH. O $296 per DLH. O $316 per DLH. $493 per DLH. $740 per DLH. 360,000 100,000 $ 2,960,000 6,000 4,000 Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. parts inspections orders QUESTION 19 Green and White Company reported the following monthly data: Units produced 2,000 Sales price $ 25 Direct materials $1 units per unit per unit Direct labor $24 per unit Variable overhead $ 3 per unit Fixed overhead $ 8,000 in total What is Green and White's contribution margin for this month if 980 units were sold? O $21,560 $38,000 O $50,000 O $24,500 O $18,620 QUESTION 20 A manufacturer uses activity-based costing to assign overhead cost to products. Budgeted cost information for its activities follows. Activity Budgeted Cost Activity Cost Driver Budgeted Activity Usage Puhase orders Square feet Setups Purchasing $ 675,000 Factory services 160,000 Setup 325,000 22,500 25,000 250 purchase orders square feet. Setups Compute an activity rate for each activity O Purchasing: $32 per purchase order, Factory services: $8.00 per square foot, Setup: $1,440 per setup. O Purchasing: $34 per purchase order, Factory services: $9.10 per square foot, Setup: $1,100 per setup. O Purchasing: $22 per purchase order; Factory services: $7.00 per square foot, Setup: $1,500 per setup. Purchasing: $30 per purchase order, Factory services: $6.40 per square foot, Setup: $1,300 per setup. O Purchasing: $27 per purchase order, Factory services: $7.20 per square foot, Setup; $1,220 per setup. QUESTION 21 Cycling Corporation identified the following budgeted data for this year. The company produces two types of bicycles, Recreational and Racing. Activity Handling materials $ 2,500,000 Quality inspection Purchasing Total Budgeted Overhead Cost Budgeted Activity 400,000 O $250 per DLH. O $296 per DLH. O $316 per DLH. $493 per DLH. $740 per DLH. 360,000 100,000 $ 2,960,000 6,000 4,000 Compute a single plantwide overhead rate assuming that the company allocates overhead cost based on 10,000 budgeted direct labor hours. parts inspections orders

Answer rating: 100% (QA)

Question 19 Answer 18620 Explanation Sales 25 980 24500 Less Variable Expenses Dire... View the full answer