Dc construction has two divisions

TB MC Qu. 05-75 DC Construction has two divisions: Remodeling and New Home...

DC Construction has two divisions: Remodeling and New Home Construction. Each division has an on-site supervisor who is paid a salary of $63,500 annually and one salaried estimator who is paid $43,000 annually. The corporate office has two office administrative assistants who are paid salaries of $50,500 and $32,950 annually. The president's salary is $174,000. How much of these salaries are common fixed expenses?

$83,450

$306,950

$257,450

$174,000

TB MC Qu. 09-119 Adi Manufacturing Corporation is estimating...

Adi Manufacturing Corporation is estimating the following raw material purchases for the final four months of the year:

September

$956,000

October

$968,000

November

$1,026,000

December

$864,000

At Adi, 40% of raw materials purchases are normally paid for in the month of purchase. The remaining 60% is paid for in the month following the purchase. In Adi's budgeted balance sheet at December 31, at what amount will accounts payable for raw materials be shown?

rev: 07_16_2018_QC_CS-131469

$864,000

$345,600

$518,400

$615,600

3.

TB MC Qu. 07-108 The Talbot Corporation makes wheels that it…

The Talbot Corporation makes wheels that it uses in the production of bicycles. Talbot's costs to produce 270,000 wheels annually are:

Direct materials

$54,000

Direct labor

$81,000

Variable manufacturing overhead

$40,500

Fixed manufacturing overhead

$77,000

An outside supplier has offered to sell Talbot similar wheels for $0.80 per wheel. If the wheels are purchased from the outside supplier, $32,000 of annual fixed overhead could be avoided and the facilities now being used could be rented to another company for $94,900 per year. Direct labor is a variable cost.

If Talbot chooses to buy the wheel from the outside supplier, then annual net operating income would:

Noreen 4e Recheck 2017-16-03

increase by $86,400

increase by $54,000

increase by $72,100

decrease by $8,500

4.

TB Problem Qu. 06-148 Mouret Corporation uses the following ...

Mouret Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products.

Activity Cost Pools

Activity Rate

Setting up batches

$

75.51

per batch

Processing customer orders

$

56.15

per customer order

Assembling products

$

1.43

per assembly hour

Last year, Product N79A required 34 batches, 1 customer orders, and 369 assembly hours.

Required:

How much overhead cost would be assigned to Product N79A using the company's activity-based costing system? (Do not round your intermediate calculations. Round your final answer to two decimal places.)