Question content area top Part 1 Chamomile Tea Corp. provided the following expense information for May: Assemblyminusline workers' wages $ 72 comma 900 Caps for tea bottles 3 comma 400 Reconfiguring the assembly line 125 comma 700 Customer support hotline 10 comma 300 Delivery expenses 20 comma 500 Depreciation on factory equipment 75 comma 300 Plastic bottles to package tea 52 comma 600 Salaries of salespeople 63 comma 400 Salaries of research scientists 70 comma 000 Customer tollminusfree order line 6 comma 300 What is the total cost of research and development of the value chain? Question content area bottom Part 1 A.$ 70 comma 000 $ 70 comma 000 B.$ 195 comma 700 $ 195 comma 700 C.$ 55 comma 700 $ 55 comma 700 D.$ 73 comma 700 $ 73 comma 700
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In the month of June, a department had 10,000 units in beginning work in process that were 70% complete. During June, 40,000 units were transferred into production from another department. At the end of June, there were 5,000 units in ending work in process that were 40% complete. Materials are added at the beginning of the process, while conversion costs are incurred uniformly throughout the process. The total cost for materials was $450,000 and conversion was $400,000. 1. What was the unit materials costs in June? a. $8.18 b. $9.00 c. $10.00 d. $10.71 2. What was the unit conversion cost in June? a. $7.27 b. $7.69 c. $8.88 d. $9.52
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Learned Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 5.10 Direct labor $ 4.30 Variable manufacturing overhead $ 1.90 Fixed manufacturing overhead $ 36,000 Sales commissions $ 0.80 Variable administrative expense $ 0.70 Fixed selling and administrative expense $ 12,600 Required: a. For financial reporting purposes, what is the total amount of product costs incurred to make 9,000 units? b. For financial reporting purposes, what is the total amount of period costs incurred to sell 9,000 units? c. If the selling price is $23.90 per unit, what is the contribution margin per unit sold? (Round your answer to 2 decimal places.) d. If 10,000 units are produced, what is the total amount of direct manufacturing cost incurred? e. If 10,000 units are produced, what is the total amount of indirect manufacturing costs incurred? a. Total product cost b. Total period cost c. Contribution margin per unit d. Total direct manufacturing cost e. Total indirect manufacturing cost
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