Accounting Chapter 18 The following average times were recorded per order

Document Type
Test Prep
Book Title
Fundamentals of Cost Accounting 5th Edition
Authors
Michael Maher, Shannon Anderson, William Lanen
106.
The Satin Manufacturing Company collected the following information (in days) for July
and August.
July
August
Transporting product
2.0
3.0
Processing product
17.0
18.0
Inspecting product
0.5
1.2
Storing product
7.0
7.0
107.
The Gantry Company collected the following information (in days) for November and
December.
November
Transporting product
2.0
Processing product
15.0
Inspecting product
1.0
Storing product
8.0
108.
The Miller Manufacturing Company collected the following information (in days) for April
and May.
April
May
Transporting product
2.0
3.0
Processing product
5.0
7.0
Inspecting product
0.5
0.8
Storing product
2.0
3.0
109.
The Satin Manufacturing Company collected the following information (in days) for July
and August.
July
August
Transporting product
2.0
3.0
Processing product
5.0
7.0
Inspecting product
0.5
0.8
Storing product
1.0
3.0
110.
The Gantry Company collected the following information (in days) for November and
December.
November
Transporting product
2.0
Processing product
6.0
Inspecting product
1.0
Storing product
2.0
111.
The Everton Manufacturing Company collected the following information (in days):
April
May
June
Transporting product
2.0
3.0
2.0
Processing product
5.0
7.0
7.0
Inspecting product
0.5
0.8
1.0
Storing product
2.0
3.0
4.0
112.
The Altoona Manufacturing Company collected the following information (in days) for July,
August, and September:
July
August
September
Transporting product
2.0
3.0
2.0
Processing product
5.0
7.0
7.0
Inspecting product
0.5
0.8
1.0
Storing product
1.0
3.0
4.0
113.
The Gantry Company collected the following information (in days) for October, November,
and December:
October
November
December
Transporting
product
1.0
2.0
3.0
Processing
product
6.0
6.0
7.0
Inspecting
product
2.0
1.0
0.8
Storing product
4.0
2.0
3.0
114.
Marion Forging Co. has provided the following information for last year:
Tons of metal input
14,000
Labor hours
5,000
Overhead costs
$125,000
Tons of forging produced
10,000
115.
Marion Forging Co. has provided the following information for last year:
Tons of metal
input
14,000
@ $10/ton
Labor hours
5,000
@ $30/hour
Overhead costs
$125,000
Tons of forging
produced
10,000
@ selling price of
$60/ton
116.
Pantipazole Products Co. has provided the following information for last year:
Material costs
$150,000
Labor hours
$45,000
Overhead costs
$117,000
Tons of forging
produced
8,000
@ selling price of
$45/each
117.
Shuster Metalworks Co. has provided the following information for last year:
Pounds of metal input
21,000
Labor hours
8,000
Overhead costs
$165,000
Pounds of output produced
12,000
118.
Shuster Metalworks Co. has provided the following information for last year:
Pounds of metal
input
21,000
@ $12/pound
Labor hours
8,000
@ $25/hour
Overhead costs
$165,000
Pounds of output
produced
12,000
@ selling price of
$70/pound
119.
Cummings Co. has provided the following information for last year:
Material costs
$225,000
Labor costs
$70,000
Overhead costs
$175,000
Product
produced
9,000
@ selling price of
$60/each
120.
Maeve Co. has provided the following information for last year:
Pounds of input
35,000
Labor hours
8,000
Overhead costs
$142,000
Units of output produced
15,000
121.
Colbyville Co. has provided the following information for last year:
Pounds of input
35,000
@ $17/pound
Labor hours
8,000
@ $26/hour
Overhead costs
$142,000
Units of output
produced
15,000
@ selling price of
$85/unit
122.
Beach Co. has provided the following information for last year:
Material costs
$160,000
Labor costs
$62,000
Overhead costs
$171,000
Product
produced
11,000
@ selling price of
$52/each
123.
Melbourne, Inc. has provided the following information for last year:
Pounds of input
42,000
@ $18/pound
Labor hours
11,000
@ $24/hour
Overhead costs
$187,000
Units of output
produced
33,000
@ selling price of
$85/unit
124.
Melbourne Inc., has provided the following information for last year:
Pounds of input
42,000
@ $18/pound
Labor hours
11,000
@ $24/hour
Overhead costs
$187,000
Units of output
produced
33,000
@ selling price of
$60/unit
125.
Indiatlantic Corporation's management keeps track of the time it takes to process orders.
During the most recent month, the following average times were recorded per order:
Hours
Processing Time
1.1
Inspection Time
0.4
Moving Time
0.8
Storing Time
4.8

Trusted by Thousands of
Students

Here are what students say about us.

Copyright ©2022 All rights reserved. | CoursePaper is not sponsored or endorsed by any college or university.