DO IT! 5-1 Helena Company reports the following total costs at two levels of production.5,000 Units10,000 Units$3,000$ 6,0007,0007,00028,00056,00022,00044,0004,0007,00011,000Indirect laborProperty taxesDirect laborDirect materialsDepreciationUtilities4,0005,0009,000MaintenanceClassify each cost as variable, fixed, or mixed.

Introduction: Costs are the monetary value of spending for supplies, services, people, products,…

DO IT! 5-1 Helena Company reports the following total costs at two levels of production. 5,000 Units 10,000 Units $3,000 $ 6,000 7,000 7,000 28,000 56,000 22,000 44,000 4,000 4,000 5,000 7,000 9,000 11,000 Indirect labor Property taxes Direct labor Direct materials Depreciation Utilities Maintenance Classify each cost as variable, fixed, or mixed.

DO IT! 5-1 Helena Company reports the following total costs at two levels of production. 5,000 Units 10,000 Units $3,000 $ 6,000 7,000 7,000 28,000 56,000 22,000 44,000 4,000 4,000 5,000 7,000 9,000 11,000 Indirect labor Property taxes Direct labor Direct materials Depreciation Utilities Maintenance Classify each cost as variable, fixed, or mixed.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter2: Basic Cost Management Concepts

Section: Chapter Questions

Problem 23E: Orinder Company provided the following information for the last calendar year: During the year,...

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Ellerson Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 278,000, direct labor cost was 189,000, and overhead cost was 523,000. During the year, 100,000 units were completed. Required: 1. Calculate the total cost of direct materials used in production. 2. Calculate the cost of goods manufactured. Calculate the unit manufacturing cost. 3. Of the unit manufacturing cost calculated in Requirement 2, 2.70 is direct materials and 5.30 is overhead. What is the prime cost per unit? Conversion cost per unit?
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Orinder Company provided the following information for the last calendar year: During the year, direct materials purchases amounted to 275,800, direct labor cost was 153,000, and overhead cost was 267,300. There were 25,000 units produced. Unit manufacturing cost (rounded to the nearest cent) is a. 28.40 b. 27.98 c. 34.95 d. 27.55
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