Question
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda...
Alameda Manufacturing manufactures a variety of wooden picture frames using recycled wood from old barns. Alameda Manufacturing has reported the following costs for the previous year. Assume no production inventories. Advertising Cost of hardware (hangers, decorations, etc) Cost of wood Depreciation on production equipment Factory property taxes Factory rent Glue Production supervisor salary Sales manager salary Utilities for factory Wages for maintenance workers Wages of assembly workers Wages of finishing workers $ 24,000 $ 43,400 $121,100 $ 32,400 $ 15,800 $ 49,700 $ 3,150 $ 40,600 $ 43,000 $ 27,900 $ 34,300 $ 87,700 $ 74,500 a. Compute the direct material costs. Direct Material Costs
b. Compute the direct labor cost. Direct Labor Costs 162,200 c. Compute the manufacturing overhead. Manufacturing Overhead $ 203,850 d. Compute the total manufacturing cost. Total Manufacturing Cost
e. Compute the prime cost. Prime Cost f. Compute the conversion cost. Conversion Cost S 366,050
Answers
a) Direct material cost cost of hardware(hangers,decorations etc) 43,400 cost of wood 121,100 Direct material cost 164,500 answer b) Wages of assembly workers 87,700 Wages of finishing workers 74,500 direct labor cost 162,200 answer c) Manufacturing overhead Depreciation on production equipment 32,400 Factory property taxes 15,800 Factory rent 49,700 Glue 3,150 Production supervisory salary 40,600 Utilities for factory 27,900 wages for maintenance workers 34,300 Manufacturing overhead 203,850 answer d) Total manufacturing cost 530,550 answer e) Prime cost 326,700 answer f) Conversion cost 366,050 answer
Similar Solved Questions
1 answers
Plaid Manufacturing Co. produces two products: G1 and M1. The company uses an activity based costing...
Plaid Manufacturing Co. produces two products: G1 and M1. The company uses an activity based costing system. The following are the activities, budgeted total cost and cost drivers per activity for the year 20x9: Activity Budgeted Cost Cost Base Cost Base Volume Assembly $864585 # o...
1 answers
A survey of people in the United States between the ages of 35 and 65 asked...
A survey of people in the United States between the ages of 35 and 65 asked respondents to identify whether or not they graduated from college, and whether they identified as male or female. The researchers are interested in whether there is a relationship between gender and graduating college. The ...
1 answers
Problem 6-3A) Etablishing, recordursing, and increasing petty cash Nakashima Gallery had the following petty cash transactions...
Problem 6-3A) Etablishing, recordursing, and increasing petty cash Nakashima Gallery had the following petty cash transactions in February of the current year. Nakashima uses the perpetual system to account for merchandise inventory. Feb. 2 Wrote a $400 check to establish a petty cash fund. 5 Purcha...
1 answers
Please show all work! 1. The mean time between claims for high-risk policyholders is supposedly 2.6....
Please show all work! 1. The mean time between claims for high-risk policyholders is supposedly 2.6. A researcher believes this mean time is incorrect and conducts a hypothesis test. He observed one high-risk policyholder, which resulted in a time of 4.5. Assume these times are normally distributed ...
1 answers
Consider a firm using two inputs; capital (K) and labor (L) in production. The firm's production...
Consider a firm using two inputs; capital (K) and labor (L) in production. The firm's production technology is characterized by the following production function: Q = F(K, L) = 40K L In the short run (SR), the quantity of the capital (K) that the firm uses is fixed at K = 10 whereas the quantity...
1 answers
3. Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are...
3. Comparative balance sheets for 2018 and 2017 and a statement of income for 2018 are given below for Metagrobolize Industries. Additional information from the accounting records of Metagrobolize also is provided. METAGROBOLIZE INDUSTRIES Comparative Balance Sheets December 31, 2018 and 2017 ($ ...
1 answers
1.You are designing a new airplane (the Whizbang 450) under the new Part 23 of the...
1.You are designing a new airplane (the Whizbang 450) under the new Part 23 of the Federal Aviation Regulations. Since this is going to be a speedy 4-seater with the ability to do somewhat aggressive maneuvering, you are designing to limit loads of + 4.5g / -3.0g Using the 1.5 safety factor for ulti...
1 answers
The reacttimes data set has 50 observations of human reaction times to a physical stimulus. The...
The reacttimes data set has 50 observations of human reaction times to a physical stimulus. The reaction times are named Times and arranged in increasing order below. 0.12 0.30 0.35 0.37 0.44 0.57 0.61 0.62 0.71 0.80 0.88 1.02 1.08 1.12 1.13 1.17 1.21 1.23 1.35 1.41 1.42 1.42 1.46 1.50 1.52 1.54 1.6...
1 answers
Hey everyone, I need help making a function with this directions with C++ Language. Can you...
Hey everyone, I need help making a function with this directions with C++ Language. Can you guys use code like printf and fscanf without iostream or fstream because i havent study that yet. Thanks. Directions: Write a function declaration and definition for the char* function allocCat. This functio...
1 answers
(a) If the maximum acceleration that is tolerable for passengers in a subway train is 1.54...
(a) If the maximum acceleration that is tolerable for passengers in a subway train is 1.54 m/s2 and subway stations are located 836 m apart, what is the maximum speed a subway train can attain between stations? (b) What is the travel time between stations? (c) If a subway train stops for 21.0 s at e...
1 answers
How do you solve the triangle given m∠B = 45°, a = 28, b = 27?
How do you solve the triangle given m∠B = 45°, a = 28, b = 27?...
1 answers
Selected sales and operating data for three divisions of different structural engineering firms are given as...
Selected sales and operating data for three divisions of different structural engineering firms are given as follows: Division A Division B Division C Sales $ 6,900,000 $ 10,900,000 $ 10,000,000 Average operating assets $ 1,725,000 $ 5,450,000 $ 2,500,000 Net operating income $ 414,0...
1 answers
Draw a reasonable representation of the progress of reaction. The reaction is: X2 (g) + 2...
Draw a reasonable representation of the progress of reaction. The reaction is: X2 (g) + 2 Y2 (g) à 2 XY2 (g) This reaction is found to be zeroth order in X2 and first order in Y2 with a half-life of 12.0 minutes. The initial conditions are; [X2 (g)]0 = ...
1 answers
Table 2.3 Corporate Tax Rates as of 2015 Pay this Amount on Base Income Plus this...
table 2.3 Corporate Tax Rates as of 2015 Pay this Amount on Base Income Plus this Percentage on Anything Over the Base Taxable Income $0-$50,000 $50,001-$75,000 $75,001-$100,000 $100,001-$335,000 $335,001-$10,000,000 $10,000,001-$15,000,000 $15,000,001-$18,333,333 Over $18,333,333 0 7,500 13,750 22,...
1 answers
3. Suppose for a binary classification problem that you have a data set of 50 examples,...
3. Suppose for a binary classification problem that you have a data set of 50 examples, evenly split between positive and negative examples. If leave-one-out cross-validation is used, how will a simple majority classifier perform? Such a classifier outputs the class that is in the majority in the tr...
1 answers
Draw the structure of all the compounds that fit the following description for one (1) of...
Draw the structure of all the compounds that fit the following description for one (1) of the following questions: A. Constitutional isomers that contain a ring having the molecular formula C6H12 B. Constitutional isomers that contain a bond having the molecular formula C6H12...