Enabled: Exam For each of the following Independent cases, compute the missing values: Total Manufacturing Overhead Manufacturing Cost Direct Conversion Cost Direct Labor Case Prime Cost Materials Used 14,800 10,100 24 13,100 $ 23,500 $ 4,400 2$ 2$ 6,100 $ 2,500 $ C 23,000 $ 40,100 $ 7,700 23,300 $ 5,000 $ 9,350 28,300 17,420 $ E $ 6,130 $ 9,120 $ %24 B.
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- RI 6.7.8-Q-InsertYourLastName E Share KEE Insert v V A eral Delete v 个 八Z Analyz- Data Conditional Format Cell Sort & Find & Formatting as Table Styles Format v Filter Select 0 00 |6 % K M. 7. Job-Order Costing Problem Using the weighted procedure method of setting rates, calculate the relative value and cost per procedure $1,250,000 and an average hourly lab tech rate of 0.25 ) for the following lab procedures, given a total lab cost of $15 (to calculate the RVU, divide the total sample expense by Sample Labor In Hours Labor Sample Labor Sample Supply In Minutes Projected Procedure Volume Expense ($) Expense ($) Amylase 15 0.75 000 12 Bleeding Time 0.50 000'sS 0.50 000' 7,800 Uric Acid Platelet Count 0.25 6. Hematocit 0.25 8.X MindTap - Ceng: X M Mathway | Alget XU Microsoft 365 (F X UD Microsoft 365 (F X Sign out akeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false eBook Salaries Materials Insurance Utilities Cost of inspection of materials for quality control Promotion expenses Advertising Equipment depreciation Cost of market survey Problem 7-39 (LO. 5) Blue Corporation, a manufacturing company, decided to develop a new line of merchandise. The project began in 2022. Blue had the following expenditures in connection with the project, all incurred in the U.S.: Amount of the deduction Check My Work 49 2023 $500,000 $600,000 90,000 70,000 8,000 11,000 6,000 8,000 7,000 6,000 11,000 18,000 20,000 14,000 144 2022 $ f The new product will be introduced for sale beginning in April 2024. If an amount is zero, enter "0". Calculate the monthly expense to the nearest dollar and use in subsequent computations. a. Determine Blue Corporation's research and experimental…- Refer to the model listed next: Max: Z= 10*x1+6*x2+4*x3; Subject to: x1+x2+x3=0; where x1,x2 and x3 are the number of product 1,2 and 3 produced. (i) (ii) (iii) (iv) (v) 333 (vi) Identify the initial basis with your reason. Show one complete iteration as the solution moves to the next basis. Find the optimal basis. You may solve the problem for the optimal solution using the Lingo software but must validate the optimal basis. Estimate the optimal simplex multipliers. Solve the model using the Lingo software and report the dual prices for each constraint. Compare the optimal simplex multipliers with the shadow prices for different constraints and provide your comments.
- 16. for simple interest FIND THE UNKNOWN QUANTITY FOR EVERY GIVEN CONDITION (show your solution submit to classwork) P = P 15, 800 r = 10 3/4 % l= P3,575 Find t and F *Smoky Mountain Corporation makes two types of hiking boots-the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme $ 121.00 $ 64.70 $ 10.80 Pathfinder Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales $ 88.00 $ 54.00 %24 9.00 1.0 DLHS 71,000 units 1.2 DLHS 25, 000 units The company has a traditional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct labor-hours for the upcoming year appear below: Estimated total manufacturing overhead Estimated total direct labor-hours $ 2,020,000 101,000 DLH5 Required: 1. Compute the product margins for the Xtreme and the Pathfinder products under the company's traditional costing system. 2. The company is considering replacing its traditional costing system with an activity-based costing system that would assign its manufacturing…ok t For each of the following independent cases (A to E), compute the missing values in the table: Case A C D E Prime Conversion Cost Cost $ 9,560 $ 16,470 $ 57,300 110,600 48,750 Direct Materials 3,950 10,130 41,500 20,500 Direct Manufacturing Labor Overhead 7,400 12,650 14,400 $ 10,860 25,200 24,300 Total Manufacturing Cost 42,730 69,250 57,500
- Excel SIM: Cost of Goods Manufactured and Cost of Goods Sold 1. Compute a predetermined overhead rate. 2. Prepare schedules of cost of goods manufactured and cost of goods sold. 国日 Cost of Goods Manufactured and Cost of Goods Sold - Excel FILE DATA VIEW Sign In НОМЕ INSERT PAGE LAYOUT FORMULAS REVIEW HA A Calibri 11 Conditional Format as Cell Table - Styles - Paste I U Alignment Number Cells Formatting Clipboard Font Styles A1 fe A C E F G H 2 The allocation base for overhead is direct labor hours. 3 4 Data for the year just ended: 5 Estimated total manufacturing overhead cost $ 275,000 6 Estimated total direct labor hours 25,000 7 Actual total direct labor hours 27,760 8 9 Actual costs for the year: $375,000 $536,300 $302,750 10 Purchase of raw materials (all direct) 11 Direct labor cost 12 Manufacturing overhead costs 13 Beginning $ 14 Inventories: Ending 15,000 $ Raw materials (all direct) Work in process 15 11,375 16 $ 27,875 $ 22,350 17 Finished goods $ 34,600 $ 26,450 18 19 Use…Dake Coporaton elevant ange of actvity s 2800 unts 060 unes henolloesDirect aterialsDirect laborVariable anfacturing verheadFixed manufacturing overbeadFived selling eNpeeseFixed adainistrative espeseSales commissioesVariable aninistrative eeseegeMule ChoceCest peatFor financial repotg parpses the otal amaut of arotuct coss ue t make &neeCost Direct Center Cost Proportion of Services used by: S1 S2 S3 P1 P2 P3 S1 P120,000 .10 .30 .25 .20 .15 S2 80,000 .20 .40 .20 .20 S3 45,000 .60 .35 .05 P1 78,000 P2 99,000 P3 45,000 __________26. Under the step method which department will allocate its direct cost first? __________27. Under the step method which department will allocate its direct cost last? __________28. Using the algebraic method, how much is the total costs to be allocated by S1 to all departments? __________29. Using algebraic method, how…
- For each of the following independent cases (A to E), compute the missing values in the table: Case 4 B ola C D E Prime Cost $ 9,520 17,540 55,500 32,450 32,600 Conversion Cost $ Answer is complete but not entirely correct. Direct Labor 110,000 48,350 37,200 Direct Materials 16,440 32,190 * 10,000 $ 4,070 $ 5,510 7,340 42,400 13,100 20,400 11,750 18,800 13,100 Manufacturing Overhead S Total Manufacturing Cost 10,990 s 25,100 98,200 35,500 24,100 20,370 42,440 154 68,750 56,400A customer service department has the following resolution response time data: Average Response Time First contact Service scheduling Wait for service Service 0.25 hr. 0.50 hr. 24.00 hrs. 1.50 hrs. 26.25 hrs. Total resolution time What is the value-added ratio (rounded to one decimal place) in this process? Oa. 8.6% Ob. 91.4% Oc. 28.6% Od. 5.7%A company makes a product R. which requires one each of two first-level components, 5 and T. Routing data for these items are as follows tem Operation No. Dept Work Center Run Time Per unit Setup Time Average Lot size No. No. Std hours) Std hours) R 10 12 0.80 1.50 20 10 12 16 0.50 0.60 40 20 14 1.20 2.00 40 10 16 1.00 0.40 40 20 14 0.30 1.20 40 (a) The Bill of Capacity for product R (in standard hours) at work center 12 is closest to: