Chapter 05 Cost Estimation Answer Key
True / False Questions
1.
2.
Topic: Basic Cost Behavior Patterns
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14.
15.
16.
17.
18.
19.
20.
Multiple Choice Questions
21.
22.
23.
24.
25.
26.
27.
28.
29.
Given the following information, compute the total number of units for the period:
Direct labor hours
12,000
Direct labor cost
$2.70 per hour
Direct materials cost
$75 per unit
Total manufacturing cost
$132,600
Fixed overhead cost
$36,000
Variable overhead cost
50% of total labor cost
30.
31.
32.
33.
34.