1. The following costs were incurred in September:

Direct materials	$40,100
Direct labor	$29,700
Manufacturing overhead	$21,200
Selling expenses	$25,600
Administrative expenses	$32,100

Conversion costs during the month totaled:

	$148,700
	$69,800
	$50,900
	$61,300

2.

The following costs were incurred in September:

Direct materials	$46,600
Direct labor	$23,300
Manufacturing overhead	$24,800
Selling expenses	$19,600
Administrative expenses	$36,700

Prime costs during the month totaled:

	$69,900
	$48,100
	$151,000
	$94,700 3. In September direct labor was 45% of conversion cost. If the manufacturing overhead for the month was $80,300 and the direct materials cost was $22,400, the direct labor cost was: rev: 06_06_2013_QC_31398, 09_24_2013_QC_36205 $35,033 $65,700 $120,700 $51,700 4. A manufacturing company prepays its insurance coverage for a three-year period. The premium for the three years is $3,780 and is paid at the beginning of the first year. Eighty percent of the premium applies to manufacturing operations and 20% applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage? Product Period $3,780 $0 $3,024 $756 $2,016 $504 $1,008 $252 5. Ladanza Corporation is a wholesaler that sells a single product. Management has provided the following cost data for two levels of monthly sales volume. The company sells the product for $154.00 per unit. Sales volume (units) 14,300 15,880 Cost of sales $1,144,000 $1,270,400 Selling and administrative costs $655,000 $683,440 The best estimate of the total contribution margin when 15,540 units are sold is: $248,970 $984,270 $336,170 $870,240 6. Carbaugh Corporation has provided the following production and average cost data for two levels of monthly production volume. The company produces a single product. Production volume 4,400 units 5,400 units Direct materials $77.90 per unit $77.90 per unit Direct labor $50.20 per unit $50.20 per unit Manufacturing overhead $74.30 per unit $68.30 per unit The best estimate of the total cost to manufacture 5,100 units is closest to: (Do not round intermediate calculations.) $1,016,265 $1,009,560 $1,027,440 $978,270 7. The following data pertains to activity and the cost of cleaning and maintenance for two recent months: Month 1 Month 2 Production volume 2,400 units 3,100 units Cleaning and maintenance costs $1,000 $1,210 The best estimate of the total month 1 variable cost for cleaning and maintenance is: (Do not round intermediate calculations.) $220 $420 $720 $20 8. At an activity level of 8,500 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $708,900 and its total fixed production engineering cost is $168,210. What would be the total production engineering cost per unit, both fixed and variable, at an activity level of 8,900 machine-hours in a month? Assume that this level of activity is within the relevant range. (Do not round intermediate calculations.) $101.95 $101.41 $102.48 $102.30 9. Supply costs at Lattea Corporation's chain of gyms are listed below: Client-Visits Supply Cost March 11,660 $28,574 April 11,456 $28,408 May 11,988 $28,832 June 13,300 $28,918 July 11,720 $28,635 August 11,206 $28,234 September 12,000 $28,833 October 11,691 $28,591 November 11,839 $28,716 Management believes that supply cost is a mixed cost that depends on client-visits. Using the high-low method to estimate the variable and fixed components of this cost, those estimates would be closest to:(Round your Variable cost per unit to 2 decimal places.) $2.02 per client-visit; $28,636 per month $.91 per client-visit; $17,471 per month $0.37 per client-visit; $24,024 per month $0.33 per client-visit; $24,529 per month 10. Buckeye Company has provided the following data for maintenance cost: Prior Year Current Year Machine hours 14,100 17,000 Maintenance cost $28,200 $31,970 The best estimate of the cost formula for maintenance would be: (Do not round intermediate calculations. Round your Variable cost per unit to 2 decimal places.) $9,870 per year plus $1.30 per machine hour $28,200 per year plus $1.30 per machine hour $9,870 per year plus $.769 per machine hour $22,100 per year plus $.769 per machine hour 11. Babuca Corporation has provided the following production and total cost data for two levels of monthly production volume. The company produces a single product. Production volume 13,700 units 15,000 units Direct materials $911,050 $997,500 Direct labor $239,750 $262,500 Manufacturing overhead $1,008,400 $1,025,820 The best estimate of the total monthly fixed manufacturing cost is: (Do not round intermediate calculations.) $832,320 $827,820 $821,820 $824,820 12. Nikkel Corporation, a merchandising company, reported the following results for July: Sales $447,000 Cost of goods sold (all variable) $170,500 Total variable selling expense $ 20,100 Total fixed selling expense $ 21,600 Total variable administrative expense $ 8,500 Total fixed administrative expense $ 31,300 The gross margin for July is: $195,000 $247,900 $394,100 $276,500 13. Nikkel Corporation, a merchandising company, reported the following results for July: Sales $433,000 Cost of goods sold (all variable) $174,800 Total variable selling expense $ 25,600 Total fixed selling expense $ 15,100 Total variable administrative expense $ 14,800 Total fixed administrative expense $ 31,400 The contribution margin for July is: $171,300 $386,500 $217,800 $258,200 14. Salvadore Inc., a local retailer, has provided the following data for the month of September: Merchandise inventory, beginning balance $ 45,000 Merchandise inventory, ending balance $ 45,600 Sales $263,500 Purchases of merchandise inventory $135,800 Selling expense $ 19,700 Administrative expense $ 60,900 The net operating income for September was: $127,700 $128,700 $49,900 $47,700 15. Lettman Corporation has provided the following partial listing of costs incurred during November: Marketing salaries $ 47,600 Property taxes, factory $ 14,600 Administrative travel $ 104,500 Sales commissions $ 55,300 Indirect labor $ 42,000 Direct materials $ 167,200 Advertising $ 145,300 Depreciation of production equipment $ 42,000 Direct labor $ 95,700 Required: a. What is the total amount of product cost listed above? (Omit the "$" sign in your response.) Total product cost $ b. What is the total amount of period cost listed above? (Omit the "$" sign in your response.) Total period cost $ 16. Daguio Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $195,200. At the end of the year, actual direct labor-hours for the year were 16,500 hours, manufacturing overhead for the year was underapplied by $12,000, and the actual manufacturing overhead was $190,200. The predetermined overhead rate for the year must have been: $10.80 per direct labor-hour $11.74 per direct labor-hour $11.46 per direct labor-hour $9.93 per direct labor-hour