Answer the following questions using the information below: Zephyr Apparels is a clothi i ts ass wi s i clothing retailer. Unit costs associ ith one of it otets, Product Dera seer a costs associated with one of it Direct materials $70 Direct manufacturing labor 20 Variable manufacturing overhead ed manufacturing overhead 32 Sales commissions (2% of sales) 5 Administrative salaries 16 15 Total ‘$158 2D What ate the diret variable manufacturing costs per unit associated with ye A) Sige ‘ ‘ec Bi Oren) 2 ©) $105 F D) $0. =OM+D L . \ Answer: C = = 2) What are the indirect nonmanufacturing variable costs per unit associated with Prpduct DCT121? . G ie isSen) Be t V. Sly (© ) on Manabe VNU = Gee Non Mi ladkg ov. baler b) Suz Answer: A Answer the following questions using the information below: ‘The East Company manufactures several different products. Unit costs associatedwith Product ORD210 are as follows: Direct materials $54. Direct manufacturing labor 8 Variable manufacturing overhead a Fixedmanufacturing overhead 25 Sales commissions (2% of sales) 5 ‘Administrative salaries 12 Total sus, » What is the percentage of the total variable costs per unit associated with 9 Product ORDios with respect to total cost? 47. sto ete pial Vewable Bem ast cy +84 +5 Ws TC \V al Scanned with CamScanner4) What is the Percentage of the t, ta i oes onde gs aad To won casts Per unit associated with 2 B) 28% "Ff a 29% THC fad D) 20% Answer: ox Ce 412-233. -32zz M mek Questions using the {is (= — information below: Buildz Manufacturin; ; 8 currently prod followingper unit d aces 1,000 tables per month. The lata for 1,000 tables ap, ly for sales to regular customers: Direct materials $50 Direct manufacturing labor 10 Variable manufacturing overhead 1g Fixed manufacturing overhead 30 Total manufacturing costs ‘$105 3) The plant has capacity for 3,000 tables and ig considering expanding Productign to 3,000 tables. What is the total cost of producing 3,000 tables sassioc0 & De > Sex Sere] Fy Semes > BUS ten seme [+ ot Aner ae Viol <5 lS K3eve > 2) What is the per unit cost when. producing 3,000 tables? A) $58.33 DM OL pv.oh B)$175.00 . ‘$85.00 amar) ui So T \o \s 'D) $125.45 2 Anower 6 ost EES) Answer the following questions using the information below:Pederson Company reported the following: Manufacturing costs $150,000 Units manufactured 5,000 Units sold 4,700units sold for $75 per unit Beginning inventory "100 units 3) What is the average manufacturing cost per unit? \ Soyo Fe) el a A) $40.00 . Besoo (aleg . 4 ere $30.00 Manu fo ES 'D) $32.00 Answer: C on fut Scanned with CamScannerFAl“ 4) What is the mani . Bisscos 'ufacturing cost for the ending finished | ) $8,000 800ds inventory? Qeso00 —> $5eX Yoouniti= 4 |2e0e ‘Answer: A a Answ i i ‘er the following questions using the information below: — clow:The following information pertains to Razor's Corp: Manufacturing costs $135,000Units manufactured 15,000 Units sold _ 12,000 units sold for $15 per unitBeginning inventory $3,500 5) What is the average manufacturing cost per unit? $11.00 BES psa. 4) D) $i . Answer: B (Soe 6) What is the manufacturing cost for the ending finished goods inventory? A) $42,500 B) $25,500 ©$18,500 s $ $30,500 7 + (Zoux' J Answer: D Beg t 2% ‘Answer the following questions using the information below: Zephyr Apparels is a clothing retailer. Unit costs associated with one of its products, Product DCT121, are as follo Direct materials $70 Direct manufacturing labor 20 Variable manufacturing overhead 15, Fixedmanufacturing overhead 32 Sales commissions (2% of sales)5 ‘Administrative salaries 16 Total _ $158 41), What are the inventoriable costs per unit associated with Product DCT121? fe OM 4 OL b\cclt + Roll y Fo + tw + \S + 32 _ 33 Scanned with CamScannerD) $88 ‘ Answer: A. a 2) What are the peri r uni aw Period costs per unit assoiated with Product DcT121? Bien [eed CHT 2 Sales Grnmisiion jAdiinishodine 6 Le Salorss soe tne ez nswer the following questions using the inférmation below: = ‘The East Company manufactu Sast Con res several different products. Unit costs associatedwith Product ORDa: 10 are as follows: v- Direct materials $54 v Direct manufacturing labor 8 7 Variable manufacturing overhead 11 Fixedmanufacturing overhead 25 Sales commissions (2% of sales)5 Administrative salaries Fry Total sus 3) What are the inventoriable costs per unit associated with Product ORD210? A) $73 B) $87 DM FOL Volk + Folk $98 Be sy t+ Bt il 4s +, 248 4) What are the period costs per unit asso A) $5 ee heibie Bez : ‘Sion ~p Acliwis Vebeee Be [2ucel Gai = Salo CynmiSSi ov argh o SIX es $F Answer the following questions using the information below:Leslie Manufacturing reported the following: [Reve '$450,00 nue : = 7 avr [Beginning inventory of direct materials, January 20.00 Purch i 156,00 i 15 [Purchases of direct materials [Ending inventory of direct materials, 3 +8,00 bois Scanned with CamScannerrect manufacturing labor [indirect manufacturing cosiy-——] apg eg “ntory of finished goods, January z, | —*2204 ao (Cost of goods manufacture seg [Enaing Inventory of finished goods; December 31 woe [Operating costs soo 150,00 1) ae is Leslie's cost of goods sold? 103,000, $109,000 ov + | Yoo. (-) YSougé (\oqooo ©) $112,000 Co4S « Yor ore | #A D) $118,000 Answer: B s 2) What is Leslie's gross margin (or gross profit)? A) $103,000 $152,000 Rev Uso, 002- 341,000 = D) $317,000 ¢-) 4S 1o4eee Answer) —) 43. FF aloes : Gms $34 @ Answer the following questions using the information below:Beginning finished goods, 1/1/2015 $ 92,000 y Ending finished goods, 12/31/2015 75,000 Cost of goods sold 300,000 Sales revenue 450,000 Operating expenses ‘95,000 3) What is the cost of goods manufactured for 2015? A) $285,000 B)$277,000 = - CIs + Evdi pectaons Cod = TIEN | few Answer: C “2LSove = 0 pow 4 FSove (-) A Zovex 4) What is the gross margin for 2015? ‘A) $163,000 Sls USop oe B) $177,000 C) $170,000 le [Seynoe COS SOM ‘answer: D GM [Se)e02 5) What is the operating income for 2015? A) 3,000 55.000 GMa Sopow C) $62,000 es ) gts OY » Sipe CO ef > See oe lis. Scanned with CamScannerbelow:Beginning finished Boods, 1/1, 1p) $68,000 Answer: B answer the following . duestions using the j 18 the informati ition << Ending finished /20 &0ods, 15 $ 46,00¢ Cost of goods sold” 17/31/2015 38,000" °° Sales revenue 250,000 Operating expenses 488,000 a , 112,000 ie His cost of goods manufactured for 2015? / 252,000 , ©) S245, 7 Eadug & Sa Ssaaso00 Coq Cos + Ce? be Answer: A 280, earn Zeon oo 7) What is gross margin for 2015? = FNS SS A) $243,000 aa AR esco0 Sales YBBouc 318,01 D) $228,000 co) CAS (Ka,cor) Answer: B GM= 23G02% 8) What is operating income for 2015? = A) $116,000 B) Sisz000 | (S Ms 23 Bees Dsiadoos (=) © Rates —>N20e) Answer: C Sar \2bece . 9) A company reported revenues of $375,000, cost of goods sold of $118,000, selling expenses of $11,000, and total operating costs of $70,000. Gross margin forthe year is__. PPro 'B) $246,000 C) $176,000 D) $252,000 Sales 3 Sec. . c1Gos_(NBe) Ga => 2S Feces + Scanned with CamScanner