The size оf the septic tаnk used in а residentiаl septic system is based оn the number оf bedrooms in the home.
Ryаns Cоrpоrаtiоn uses а job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on the following data: Total machine-hours 12,000 Total fixed manufacturing overhead cost $ 96,000 Variable manufacturing overhead per machine-hour $ 4.00 Recently Job P512 was completed with the following characteristics: Number of units in the job 25 Total machine-hours 70 Direct materials $ 730 Direct labor cost $ 1,680 Do not use $ or commas in your answer. Round to nearest whole dollar. Required: A. Calculate the predetermined overhead rate for the year. per machine hour B. Calculate the amount of overhead applied to Job P512. C. Calculate the total job cost for Job P512. Calculate the unit product cost for Job P512.
Sаxbury Cоrpоrаtiоn's relevаnt range of activity is 3,000 units to 7,000 units. When it produces and sells 4,700 units, its average costs per unit are as follows: Average Cost per Unit Direct materials $ 6.10 Direct labor $ 3.60 Variable manufacturing overhead $ 1.70 Fixed manufacturing overhead $ 3.90 Fixed selling expense $ 0.75 Fixed administrative expense $ 0.60 Sales commissions $ 0.50 Variable administrative expense $ 0.50 Required: For financial reporting purposes, what is the total amount of product costs incurred to make 4,700 units? For financial reporting purposes, what is the total amount of period costs incurred to sell 4,700 units? If 5,700 units are sold, what is the variable cost per unit sold? If 5,700 units are sold, what is the total amount of variable costs related to the units sold? If 5,700 units are produced, what is the average fixed manufacturing cost per unit produced? If 5,700 units are produced, what is the total amount of fixed manufacturing cost incurred? If 5,700 units are produced, what is the total amount of manufacturing overhead cost incurred? What is this total amount expressed on a per unit basis? If the selling price is $23.60 per unit, what is the contribution margin per unit sold? If 3,700 units are produced, what is the total amount of direct manufacturing cost incurred? If 3,700 units are produced, what is the total amount of indirect manufacturing cost incurred? What incremental manufacturing cost will the company incur if it increases production from 4,700 to 4,701 units? Do not use $ or commas in your answer. Round "Per unit" answer to 2 decimal places. 1. Total product cost 2. Total period cost 3. Variable cost per unit sold 4. Total variable costs 5. Average fixed manufacturing cost per unit produced 6. Total fixed manufacturing overhead cost 7. a. Total manufacturing overhead cost 7. b. Manufacturing overhead per unit 8. Contribution margin per unit 9. Total direct manufacturing cost 10. Total indirect manufacturing cost 11. Incremental manufacturing cost