The following costs relate to Antonio Industries for the last quarter:

Conversion Cost 435,000

Direct Materials 215,600
Factory overhead is applied at 60% of direct
labor cost
Selling and administrative expense 185,000
1. What is Antonio’s prime cost for last quarter?
(a) 460,000
(b) 410,000
(c) 405,000
(d) 487,475
2. Antonio’s total manufacturing cost is
(a) 460,000
(b) 645,000
(c) 650,000
(d) 650,600
3. Antonio’s total period cost is
(a) 620,000
(b) 275,000
(c) 400,000
(d) 185,000

St. Martin Company produced 5,500 outdoor chairs for Job Order No. 610. Total material cost was 64,625. Each chair
required 2.2 hours of direct labor at 8.90/per hour. A total of 67,306.25 of factory overhead was traced to Order 610.

6. What is the prime cost per unit of this order?

(a) 19.586
(b) 28.980
(c) 31.330
(d) 38.778

7. What is the conversion cost per unit of this order?

(a) 19.5813
(b) 28.9846
(c) 29.3700
(d) 31.8175

8. What is the unit cost of this order?

(a) 43.5675
(b) 38.7700
(c) 28.0998
(d) 48.4625
In 2022, Sauyo Company incurred the following costs 20. Net Profit per unit is

Direct Materials 62,500 (a) 5.00

Direct Labor 25,000 (b) 51.00
Factory Overhead 162,500 (c) 60.00
(d) 35.00
Selling Expense 50,000
Administrative Expense 45,000 San Bartolome Company had the following inventories at the
Units produced and sold: 10,000 units sold at a price of 38.75 each beginning and end of March, 2022:

13. Prime Cost per unit is 3/01/22 3/31/22

Direct Materials 36,000 30,000
(a) 7.00
Direct Labor 18,000 12,000
(b) 15.00
(c) 8.75 Factory Overhead 54,000 72,000
(d) 20.00 The following additional manufacturing cost data were available
for the month of March 2022:
14. Conversion cost per unit is
Direct Material purchased 84,000
(a) 7.00 Direct labor payroll 60,000
(b) 15.00 Direct Labor rate per hour 7.50
(c) 18.75 Factory overhead rate per 10.00
(d) 26.00 direct labor hour
21. During March 2022, how much direct materials cost was added
15. Cost of Goods sold per unit is to production?
(a) 7.00 (a) 90,000
(b) 25.00 (b) 140,000
(c) 20.00 (c) 144,000
(d) 18.75 (d) 150,000
16. Gross Profit per unit is 22. During March 2022, how much manufacturing overhead was
applied to production?
(a) 11.00
(b) 15.00 (a) 60,000
(c) 13.75 (b) 80,000
(d) 24.00 (c) 140,000
(d) 150,000
17. Operating income is
Financial data for two (2) months are shown below
(a) 34,000
(b) 110,000 March April
(c) 42,500 Sales 3,200 4,500
(d) 110,000 Cost A 6,400 9,000
Cost B 5,600 5,600
Gulod Company produced 1,000 units of a product which was sold Cost C 7,100 7,100
at a price of 95.00 each. Total selling and administrative expenses Cost D 4,480 6,300
incurred, 30,000 Cost E 3,950 5,250
23. Which of the following classifications describes cost B?
Direct Materials 25,000 (a) Variable
Direct Labor 16,000 (b) Curvilinear
Factory Overhead 19,000 (c) Fixed
18. Conversion per unit is (d) Mixed

(a) 41.00 24. Which of the following classifications describe Cost D?

(b) 44.00 (a) Variable
(c) 35.00 (b) Curvilinear
(d) 45.00 (c) Fixed
(d) Mixed
19. Cost of goods sold per unit is
25. Which of the following classifications describe Cost D?
(a) 41.00 (a) Variable
(b) 44.00 (b) Curvilinear
(c) 35.00 (c) Fixed
(d) 60.00 (d) Mixed