1. Schwiesow Corporation has provided the following information: ...
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Accounting
1. Schwiesow Corporation has provided the following information:
| Cost per Unit | Cost per Period | |||
| Direct materials | $ | 7.05 | ||
| Direct labor | $ | 3.50 | ||
| Variable manufacturing overhead | $ | 1.65 | ||
| Fixed manufacturing overhead | $ | 11,000 | ||
| Sales commissions | $ | 1.00 | ||
| Variable administrative expense | $ | 0.40 | ||
| Fixed selling and administrative expense | $ | 5,500 | ||
The incremental manufacturing cost that the company will incur if it increases production from 5,000 to 5,001 units is closest to:
Multiple Choice
$14.40
$15.10
$16.90
$12.20
2.
Krier Corporation uses a predetermined overhead rate that was based on estimated total fixed manufacturing overhead of $738,000 and 30,000 direct labor-hours for the period. The company incurred actual total fixed manufacturing overhead of $792,000 and 31,500 total direct labor-hours during the period.
The predetermined overhead rate is closest to:
Multiple Choice
$26.40
$25.14
$23.43
$24.60
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