1. Jackson, Inc. produces two different products (Product 5 and Product Z) using two different...
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1. Jackson, Inc. produces two different products (Product 5 and Product Z) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $255,000, while the cost of Inspection is $35,190. Product 5 uses 33% of total machine hours and 50% of total batches. What is the total Machining cost assigned to Product 5?
$11,613
$23,577
$84,150
$170,850
2. Robin Company has the following balances for the current month:
Direct materials used
$
24,000
Direct labor
$
36,800
Sales salaries
$
19,200
Indirect labor
$
4,800
Production manager's salary
$
9,600
Marketing costs
$
14,400
Factory lease
$
6,400
What is Robin's total manufacturing cost?
$60,800
$81,600
$115,200
$33,600
3. Maple Corp. has a selling price of $25, variable costs of $10 per unit, and fixed costs of $30,000. Maple expects profit of $305,000 at its anticipated level of production. What is Maples unit contribution margin?
$12.50
$30.00
$15
$25
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