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15) Kinney Company applies overhead on the basis of 10 of direct labor cost Job No. 176 is charged with $150.000 of direct materials costs and S180.000 of manufacturing overhead. The total manufacturing costs for Job No. 176 is $110.000 b S600.000 c. $450,000 d. S405.000 16) If a company had a contribution margin of $1.000.000 and a contribution margin ratio of 40 total variable costs must have been a $1.500.000 b S600,000 c. $2,500,000 $400,000. Strand Company is planning to sell 400 buckets and produce 380 buckets during March Each bucket requires 500 grams of plastic and one-half hour of direct labor. Plastic costs SIO per 500 grams and employees of the company are paid $15.00 per hour. Manufacturing overhead is applied at a rate of 110% of direct labor costs. Strand has 300 kilos of plastic in beginning inventory and wants to have 200 kilos in ending inventory. How much is the total amount of budgeted direct labor for March? a $3,000 b. $6.000 c. $2.850 d. 55,7000 18) Power Manufacturing recorded operating data for its shoe division for the year. Sales $1,500,000 Contribution margin 300,000 Controllable fixed costs 180,000 Average total operating assets 600,000 How much is controllable margin for the year? a 20% b. 50% c. $300,000 d. $120,000 19) In the Dichter Co., indirect labor is budgeted for $72,000 and factory supervision is budgeted for $24,000 at normal capacity of 160,000 direct labor hours. If 180,000 direct labor hours are worked, flexible budget total for these costs is a $96,000 b. $108,000 c. $105,000 d. $99.000

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