This is Cost Accounting. Explain briefly and answer. The following direct labor information pertains to the manufacture of Part J35: Number of hours required to make a part 2.5 DLH Number of Direct workers 75 Number of total productive hours per week 3000 Weekly wages per worker P1,000 Laborers’ fringe benefits treated as direct labor costs 25% of wages What is the standard direct labor cost per unit of Part J35? Group of answer choices 62,500 78,125 41,670 84,125 74,350

Q: The following information applies to the questions displayed below.]   Preble Company manufactures…

A: Direct labor rate variance = (Actual rate - standard rate) x Actual hours

Q: allocating manufacturing overhead

A: Overhead allocation rate(OAR) Estimated manufacturing overhead/Actual labor hours

Q: The total prime cost of a product was OMR7,000. The variable manufacturing overhead is calculated…

A: Direct labor cost = 40% of direct Material cost Prime cost = direct Material cost + 0.40 direct…

Q: The total prime cost of a product was OMR8,400. The variable manufacturing overhead is calculated…

A: Given ,  Prime Cost = OMR 8,400 Direct Labor Hours = 700 hours Direct Labor Cost = 40% of Direct…

Q: Compute a predetermined manufacturing overhead rate and use it.  If the company allocates overhead…

A: Manufacturing overhead: It is the indirect cost incurred as a part of manufacturing the products.…

Q: Schwiesow Corporation has provided the following information: Cost per Unit Cost per Period Direct…

A: Total manufacturing overhead cost: This cost means that all cost which is related to the goods…

Q: he amount of labor hours available to Actaltz, SRL in the production of products X and Y amount to…

A: Cost-Volume-Profit analysis or the (CVP) analysis is one of the techniques that is used in cost…

Q: Stargate Corporation has established the following standards for the costs of one unit of its…

A: Standard costing: Under this costing method, the expected costs are used in the accounting records…

Q: The information given below has been taken from the costing records of an industry in respect of job…

A: All amounts are in (TK) currency.

Q: The total prime cost of a product was OMR4,400. The variable manufacturing overhead is calculated…

A: Given    Total Prime Cost = OMR 4400     Fixed Overhead Cost = OMR 1500 Total Manufacturing Cost =…

Q: XYZ Company provided the following information regarding Product XY: Direct material costs OMR3 per…

A: Calculating Cost of a job for 550 units of XY, which uses a total of 150 Direct Labor hours. Given…

Q: The following information was collected from the accounting records of the Part SX9 for 3,000 units:…

A: Total cost per unit can be calculated all costs divided by number of units.

Q: How do I find the fixed total overhead using absorption costing? Milton Company reports the…

A: This question deals with the calculation of total fixed overhead cost of this year. As we understand…

Q: Mouret Corporation uses the following activity rates from its activity-based costing to assign…

A: Activity based costing system is a costing system in which overheads or indirect costs are allocated…

Q: The following data was prepared by the Oriole Company. Total Variable Fixed Sales price $22/unit…

A: Absorption Costing: Under this method, the product cost includes both the fixed and the variable…

Q: FAITH Manufacturing Corporation has a traditional costing system in which it applies manufacturing…

A: ABC Method is a method of allocating overhead cost to a particular product in this method the cost…

Q: Paradis Ltd adopts a standard costing system. The standard cost card for their product is as…

A: 1.  The following Journal Entry will be recorded to Record Actual Manufacturing Overhead incurred.…

Q: Braverman Company has two manufacturing departments-Finishing and Fabrication. The predetermined…

A: Total Material=Finishing+Fabrication=$410+$60=$470

Q: Pedregon Corporation has provided the following information: Cost per Unit Cost per PeriodDirect…

A: Cost is the amount incurred for producing a product. Cost includes variable cost and fixed cost.…

Q: [The following information applies to the questions displayed below.] Martinez Company's relevant…

A: Variable cost refers to the cost that would change grounded on the production level whereas per cost…

Q: Stargate Corporation has established the following standards for the costs of one unit of its…

A: Standard costing: Under this costing method, the expected costs are used in the accounting records…

Q: Using this information from Planters, Inc., what is the cost per unit under variable costing? Round…

A: COST PER UNIT UNDER VARIABLE COSTING = (DIRECT MATERIAL COST + DIRECT LABOUR COST + VARIABLE…

Q: The total prime cost of a product was OMR8,400. The variable manufacturing overhead is calculated…

A: Direct labor cost = 40% of direct Material cost Prime cost = direct Material cost + 0.40 direct…

Q: Brown Brothers is debating the use of direct labour cost or direct labour hours as the cost…

A: As the questions asked have more than 1 question, the first question is answered. If you want the…

Q: Henry Company has established the following standards for the costs of one unit of its product. The…

A: Note: Since we are entitled to answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit…

Q: [The following information applies to the questions displayed below.] Kubin Company's relevant range…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Brown Brothers is debating the use of direct labour cost or direct labour hours as the cost…

A: Predetermined overhead rate = $359,600 / 248,000 DLHs. Predetermined overhead rate = $1.45 per DLH.…

Q: 4.90 P63.70   Direct labor per unit P20.80 P62.40   Direct labor-hours per unit 0.80 2.40…

A: GRACE Manufacturing Corporation  traditional costing   For scheming the cost exploitation the normal…

Q: he standard costs and actual costs for factory overhead for the manufacture of 2,500 units of actual…

A: Standard costing: Standard costing consists of the setting of the predetermined estimate of costs…

Q: The total prime cost of a product was OMR6,500. The variable manufacturing overhead is calculated…

A: Direct labor cost = 30% of direct Material cost Prime cost = direct Material cost + 0.30 direct…

Q: The following direct labor information pertains to the manufacture of Granny: Time required to make…

A: Costing: Costing is a technique used in cost accounting to determine the cost of a product. With…

Q: Paradis Ltd adopts a standard costing system. The standard cost card for their product is as…

A: SOLUTION- COST OF GOOD SOLD- IT REFERS TO THE DIRECT COSTS OF PRODUCING THE GOODS SOLD BY A COMPANY.…

Q: Henry Company has established the following standards for the costs of one unit of its product. The…

A: Standard hours for actual output=Output×Hours per unit=4,500×0.40 =1,800 Hours

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Total Direct labor hours = 335 + 224 = 559 hours   Total estimated manufacturing costs =…

Q: A company makes two products 1 and 2. The finishing activity pool has estimated manufacuring costs…

A: Total Manufacturing Overhead Rate = Total Overhead Cost / Total Direct Labor Hours

Q: Cool Pool has these costs associated with production of 25,164 units of accessory products: direct…

A: The variable costing method is adopted for the internal purpose only. Under this method, only the…

Q: Stargate Corporation has established the following standards for the costs of one unit of its…

A: Standard costing is a technique which establishes predetermined estimates of the costs of products…

Q: The total prime cost of a product was OMR7,000. The variable manufacturing overhead is calculated…

A: Prime cost is 7000

Q: Zeta Corporation has two products. They have the following annual production details: Total Costs…

A: Total machine hours Product Units produced Machine hrs per unit Machine hours used (P)…

Q: Olmo, Inc., manufactures and sells two products: Product KO and Product H9. The annual production…

A: Activity-Based costing assigns overhead and indirect costs to products and services.  we know that,…

Q: FIGHTING Manufacturing Corporation has a traditional costing system in which it applies…

A: In this question, we have been asked to find the manufacturing overhead by using two methods…

Q: Fickel Company has two manufacturing departments—Assembly and Testing & Packaging. The predetermined…

A: Direct Labor Hours (Assembly department) = Total Direct Labor / Direct Labor Wage rate = $228 /…

Q: gue Corporation uses a standard cost system. The following information was provided for the period…

A: Direct Labor cost Variance = SR * SH - AR * AH Where SR is the standard rate  SH is the standard…

Q: The total prime cost of a product was OMR3,900. The variable manufacturing overhead is calculated…

A: Manufacturing cost consist of prime cost which consist of direct materials and direct labour cost…

Q: Henry Company has established the following standards for the costs of one unit of its product. The…

A: Standard cost means the cost which the company is expecting to be incurred on the basis of estimate…

Q: For a small manufacturing firm, a current-period job that requires 35 hours of direct labor is to be…

A: Cost of overheads have to be allocated to different departments or job to add it to the cost of…

Q: Bluefield Corp. has two product lines, A and B. Bluefield has identified the following information…

A: Lets understand the basics. Overheads are the indirect cost which are not directly allocable to any…

Q: Paradis Ltd adopts a standard costing system. The standard cost card for their product is as…

A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want…

Manufacturing Costs

Manufacturing cost is the total cost of procuring or producing a product. In other words, the manufacturing cost is the cost that an individual or business owner undertakes for the manufacturing of goods.