a Sun manufacturing company has estimated FOH cost for the actual capacity attained of 16,000 machine hours is $51,000 and its actual FOH cost is $43,000, whereas the FOH applied rate is $3 per machine hour. How much is the capacity variance of the company?
b Sunshine manufacturing company provides the consumption forecast of its material for the month of July 2020. If the average daily consumption is 500 units and the lead time for urgent supplies is 3 days, what is the danger level of the company?
c Sunshine manufacturing company provides the consumption forecast of its material for the month of July 2020. What is the order level of the company if the lead time is 4-8 days? The maximum daily consumption is 600 units, the average daily consumption is 500 units, and the minimum daily consumption is 400 units.
d A company's Department 2 costs for June were: Cost from Department 1 is $16,320. Cost added in Department 2: Materials $43,415, Labor $56,100, Factory overhead (FOH) $58,575. The quantity schedule shows 12,000 units were received during the month from Department 1; 7,000 units were transferred to finished goods, and 5,000 units in process at the end of June were 50% complete as to materials cost and 25% complete as to conversion cost. Find out the unit cost of material, labor, and FOH in the given options.
e In 2005, Alex, Inc. estimated manufacturing overhead for the year to be $896,000. The company uses direct labor hours to apply manufacturing overhead to work-in-process. The budgeted direct labor hours in 2005 were 80,000 hours and the actual hours worked were 82,000. The actual overhead incurred during 2005 was $924,000. Find out the amount of over-applied or under-applied overhead.
f Ali manufacturing company has a monthly requirement of 200 units. Cost to place an order is $20, per unit purchase cost of inventory is $1.50, and carrying cost is 10%. What is the EOQ of the company?
g Silver moon manufacturing company has provided the following data for its operations during the month of May 2018. Units received in the process from department A were 1,500, out of which 60 units were in the process and estimated to be 50% converted. All materials are added at the start of the process.
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Department A transferred $292,500 total cost to department B. The cost added by department B was as follows: Direct material cost $232,500, Direct labor cost $147,000, FOH applied cost $102,900. What is the unit cost of material, labor, and FOH?
