A partial listing of costs incurred during March at Febbo Corporation appears below: The total of the manufacturing overhead costs listed a

A partial listing of costs incurred during March at Febbo Corporation appears below: Factory supplies Administrative wages and salaries... $9,000 $85,000 Direct material... Sales staff salarie.. Factory depreciation.. Corporate headquarters building rent Indirect labo Marketing. Direct labor $126,000 $30,000 $33,000 $43,000 $26,000 $65,000 $99,000 The total of the manufacturing overhead costs listed above for March is: A) $68,000 B) $35,000 C) $516,000 D) $293,000 16. Given the cost formula, Y·S 16,000 + $3.40, total cost for an activity level of 4,000 units would be: A) $13,600 B) $3,600 C) $19,600 D) $16,000 17. Reamer Corporation uses a predetermined overhead rate based on machine-hours to apply manuf overhead to jobs. The Corporation has provided the following estimated costs for next year: $1,000 3,000 $4,000 $2,000 $400 $800 Direct materials.... Direct labor Salary of production supervisor... Indirect materials. Advertising expense. Rent on factory equipmen.t. 1,000 Reamer estimates that 500 direct labor-hours and 1,000 machine-hours will be worked during the yea predetermined overhead rate per hour will be: A) $6.80 per machine-hour B) $6.00 per machine-hour C) $3.00 per machine-hour D) $3.40 per machine-hour

A partial listing of costs incurred during March at Febbo Corporation appears below: The total of the manufacturing overhead costs listed above for March is: A) $68,000 B) $35,000 C) $516,000 D) $293,000 Given the cost formula, Y = $16,000 + $3.40X, total cost for an activity level of 4,000 units would be: A) $13,600 B) $3,600 C) $19,600 D) $16,000 Reamer Corporation uses a predetermined overhead rate based on machine-hours to apply manufacture overhead to jobs. The Corporation has provided the following estimated costs for next year: Reamer estimates that 500 direct labor-hours and 1,000 machine-hours will be worked during the yea predetermined overhead rate per hour will be: A) $6.80 per machine-hour B) $6.00 per machine-hour C) $3.00 per machine-hour D) $3.40 per machine-hour

Expert Answer

 

MANUFACTURING OVERHEAD COST
Factory supplies $9,000
Factory depreciation $33,000
indirect labor $26,000
Total manufacturing overhead $68,000

Answer:

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  1. $68,000

16. Total cost for an activity level of 4,000 units:

Y=$16,000+$3.40X

Y=$16,000+$(3.4*4,000)

Y=$16,000+$13,600

Y=$29,600

17.

MANUFACTURING OVERHEAD COST
Salary of production supervisor $2,000
Indirect materia; $400
Rent on factory equipment $1,000
Total manufacturing overhead $3,400
Per machine hour=(3400/1000) $3.40

Answer:

D) $3.40 per machine -hour

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