At an activity level of 10,000 machine hours in a month, Nooner Corporation's total variable...
Question:
At an activity level of 10,000 machine hours in a month, Nooner Corporation's total variable production engineering cost is $837,000 and its total fixed production engineering cost is $276,150.
What would be the total production engineering cost per unit, both fixed and variable, at an activity level of 10,500 machine hours in a month? Assume that this level of activity is within the relevant range.
Production cost:
The production cost is the overall expenses involved in making the goods or providing the service. Accountants keep track of the production cost so that they can achieve an appropriate margin.
Answer and Explanation: 1
Become a Study.com member to unlock this answer! Create your account
View this answerThe variable cost per unit will remain the same at any activity level, whereas the fixed cost per unit will change as per the activity level....
See full answer below.
Ask a question
Our experts can answer your tough homework and study questions.
Ask a question Ask a questionSearch Answers
Learn more about this topic:
Get access to this video and our entire Q&A library
Variable Costing: Method, Formula & Advantages
from
Chapter 13 / Lesson 5
3.8K
Variable costing assigns the cost of materials and supplies as needed in the production process. Learn about this method in accounting, understand the formula for determining variable cost, and explore its advantages and some examples.
Related to this Question
- At an activity level of 8,600 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $734,440 and its total fixed production engineering cost is $154,000. What would be the total production engineering cost per unit,
- At an activity level of 9,800 machine hours in a month, Nooner Corporation's total variable production engineering cost is $888,860 and its total fixed production engineering cost is $254,430. What would be the total production engineering cost per unit,
- At an activity level of 9,300 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $766,320 and its total fixed production engineering cost is $191,040. What would be the total production engineering cost per unit,
- At an activity level of 9,700 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $810,435, and its total fixed production engineering cost is $193,050. What would be the total production engineering cost per unit,
- At an activity level of 8,700 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $744,720 and its total fixed production engineering cost is $181,560. What would be the total production engineering cost per unit,
- At an activity level of 9,000 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $796,500 and its total fixed production engineering cost is $235,290. Wha
- At an activity level of 9,900 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $882,090 and Its total fixed production engineering cost is $196,000. What
- At an activity level of 8,900 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $760,060 and its total fixed production engineering cost is $152,880. What wo
- At an activity level of 4,000 machine-hours in a month, Curt Corporation's total variable production engineering cost is $154,200, and its total fixed production engineering cost is $129,000. What would be the total production engineering cost per unit, b
- At an activity level of 4,000 machine-hours in a month, Curt Corporation's total variable production engineering cost is $154,200 and its total fixed production engineering cost is $129,000. What would be the total production engineering cost per machine-
- At an activity level of 9,300 machine-hours in a month, Falks Corporation's total variable production engineering cost is $829,560 and its total fixed production engineering cost is $192,960. What would be the total production engineering cost per machine
- At an activity level of 9,300 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $839,790 and its total fixed production engineering cost is $237,820. What w
- At an activity level of 9,300 machine hours in a month, Nooner Corporation's total variable production engineering cost is $839,790 and its total fixed production engineering cost is $237,820. Assume that this level of activity is within the relevant rang
- At an activity level of 9,100 machine-hours in a month, Nooner Corporation's total variable production engineering cost is $765,310 and its total fixed production engineering cost is $224,070. Assume that this level of activity is within the relevant rang
- With 4,000 machine-hours in a month as an activity level, Brant Corporation's total variable production engineering cost is $154,200 and its total fixed production engineering cost is $129,000. What w
- The Manufacturing Company recorded overhead costs of $14,182 at an activity level of 4,200 machine hours and $8,748 at 2,300 machine hours. What is the total estimated cost for 3,500 machine hours using the high-low method to estimate the cost equation? A
- Sholette Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $7.00 per MH. During the month, the actual total variable manufacturing overhead was $42,2
- Sholette Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine hours (MHs) at $7 per MH. During the month, the actual total variable manufacturing overhead was $42,250
- Sholette Manufacturing Corporation has a standard cost system in which it applies manufacturing overhead to products on the basis of standard machine-hours (MHs) at $8.00 per MH. During the month, the actual total variable manufacturing overhead was $2250
- A company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $310,700 for the year, and machine usage is estimated at 127,000 hours. For the year, $327,498 of overhead costs are incurred and 131
- A manufacturer estimates its factory overhead costs to be $30,000 and machine hours to be 4,000 for the year. If the actual hours worked on production total 3,800 and the actual factory overhead costs are $28,000, what is the amount of the over- or undera
- Ikard Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $292,552 for the year, and machine usage is estimated at 126,100 hours. For the year, $399,060 of overhead costs are incurred and
- Molding Fabrication Total Machine-hours 24,000 34,000 58,000 Fixed manufacturing overhead costs $ 730,000 $220,000 $950,000 Variable manufacturing overhead cost per machine-hour $5.50 $5.50 During th
- Foster Co. uses a predetermined overhead rate based on machine hours. This predetermined rate was based on a cost formula that estimated $745,500 of total manufacturing overhead for an estimated activity level of 12,500 machine hours for the factory. The
- Fullagar Corporation's cost formula for its manufacturing overhead is $15,400 per month plus $11 per machine-hour. For the month of May, the company planned for activity of 7,500 machine-hours, but the actual level of activity was 7,540 machine-hours. The
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $280,896 for the year, and machine usage is estimated at 125,400 hours. For the year, $400,896 of overhead costs are incurred an
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $292,552 for the year, and machine usage is estimated at 126,100 hours. For the year, $413,432 of overhead costs are incurred and
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $280,896 for the year, and machine usage is estimated at 125,400 hours. For the year, $400,896 of overhead costs are incurred and
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $326,772 for the year, and machine usage is estimated at 125 200 hours. For the year, $363,320 of overhead costs are incurred and
- At the end of the year, actual manufacturing overhead costs were $120,000, and applied manufacturing overhead costs were 136,500. If the denominator activity for the year was 20,000 machine hours, and if 21,000 standard machine hours were allowed for the
- Job 593 was recently completed. The following data have been recorded on its job cost sheet: (Table). The Corporation applies manufacturing overhead on the basis of machine-hours. The predetermined overhead rate is $21 per machine-hour. The total cost tha
- Factory maintenance costs are estimated for Bing Company based on the level of machine hours used. If total monthly fixed costs are $150,000, variable costs per machine hour are $8, and 15,000 machine
- Work A Work B Total Estimated total machine-hours used 2,500 1,500 4,000 Estimated total fixed manufacturing overhead 11,500 15,900 27,400 Estimated variable manufacturing overhead per machine-hour 2.00 2.80 What is the plantwide predetermined overhead r
- During the year the company worked a total of 146,000 machine-hours on all jobs and incurred actual manufacturing overhead costs of $1,350,000. What is the amount of underapplied or overapplied overhe
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. In the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hou
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $325,000 and machine hou
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $271,700 and machine hou
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $310,000 and machine hou
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours. For the year, $322,000 of overhead costs are incurred and
- At the end of the year, actual manufacturing overhead costs were $120,000 and applied manufacturing overhead costs were $160,175. If the denominator activity for the year was 20,000 machine-hours, and if 21,500 standard machine-hours were allowed for the
- Calculating Manufacturing Overhead Rates Glassman Company accumulated the following data for 2016 Milling Department manufacturing overhead Finishing Department manufacturing overhead Machine hours us
- Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $276,660 for the year, and machine usage is estimated at 125,300 hours. For the year, $296,534 of overhead costs are incurred an
- Gladiolus Inc is a manufacturing company whose total factory overhead costs fluctuate somewhat from month to month according to the number of machine-hours worked in its production facility These cost
- A company's manufacturing overhead includes $7.10 per machine hour for variable manufacturing overhead and $207,000 per period for fixed manufacturing overhead. What is the predetermined overhead rate for the denominator level of activity of 4,600 machine
- Ikerd Company applies manufacturing overhead on the basis of machine hours used. Overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours. For the ye
- Machain Corporation applies manufacturing overhead to products on the basis of standard machine hours. The company's standard variable manufacturing overhead rate is $2.90 per machine hour. The actual variable manufacturing overhead cost for the month was
- Kerekes Manufacturing Corporation has prepared the following overhead budget for next month. Activity Level 2500 Machine Hours Variable Overhead Cost: Supplies 12,250 Indirect Labor 22,000 Fixed Ove
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $300,000 for the year, and machine usage is estimated at 125,000 hours. Fo
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $294,138 for the year, and machine usage is estimated at 125,700 hours. F
- At the beginning of the year, Scaled Manufacturing estimates annual overhead costs to be $1,200,000 and that 300,000 machine hours will be operated. Using machine hours as a base, the amount of overhead applied during the year if actual machine hours for
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $276,980 for the year, and machine usage is estimated at 125,900 hours. Fo
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $341,523 for the year, and machine usage is estimated at 125,100 hours. Fo
- Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $280,896 for the year, and machine usage is estimated at 125,400 hours. Fo
- Karvel Corporation uses a predetermined overhead rate based on machine-hours to apply manufacturing overhead to jobs. For the month of August, Karvel estimated total manufacturing overhead costs at $300,000 and total machine-hours at 75,000 hours. Actual
- Wangerin Corporation applies overhead to products based on machine hours. 1. The denominator level of activity is 8,900 machine hours. 2. The budgeted fixed manufacturing overhead costs are $328,410. In April, the actual fixed manufacturing overhead cost
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $300,200 and machine hou
- Duggan Company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $304,560 for the year, and machine usage is estimated at 126,900 hours. For the year, $323,682 of overhead costs are incurred an
- Duggan Company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $300,960 for the year, and machine usage is estimated at 125,400 hours. For the year, $322,290 of overhead costs are incurred an
- Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $330,200 for the year, and machine usage is estimated at 127,000 hours. For the year, $349,663 of overhead costs are incurred an
- Duggan company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $341,010 for the year, and machine usage is estimated at 126,300 hours. For the year, $363,036 of overhead costs are incurred an
- Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $275,660 for the year, and machine usage is estimated at 125,300 hours. For the year $296,534 of overhead costs are incurred and
- Strong Company applies overhead based on machine hours. At the beginning of 20x1, the company estimated that manufacturing overhead would be $792,000 and machine hours would total 24,000. By 20x1 year
- Merone Corporation applies manufacturing overhead to products on the basis of standard machine hours. The company bases its predetermined overhead rate on 3,800 machine hours. The company's total budgeted fixed manufacturing overhead is $14,060. In the mo
- You have calculated, using the high-low method, a variable cost per machine hour of $0.80 for your production power costs. Power costs at 6,000 machine hours are $5,400; at 9,000 machine hours, they are $7,800. What are the total fixed costs that you woul
- Stock Manufacturing Corporation has prepared the following overhead budget for next month. Activity level 6,900 machine hours Variable overhead costs: Supplies $21,290 Indirect labor 41,400 Fixed overhead costs: Supervision 14,600 Utilities 3,500 Deprecia
- Dubberly Corporations cost formula for its manufacturing overhead is $31,400 per month plus $56 per machine hour. For the month of March, the company planned for an activity of 8,060 machine-hours but the actual level of activity was 7,960 machine-hours.
- Machine-hours required to support estimated production 152,000 Fixed manufacturing overhead cost $651,000 Variable manufacturing overhead cost per machine-hour $4.10 Required: 1. Compute the plantwid
- Allocation base Machine-hours Estimated manufacturing overhead cost $147,000 Estimated total amount of the allocation base 35,000 machine- hours Actual manufacturing overhead cost $133,800 Actual tota
- Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $316,000 for the year, and machine usage is estimated at 126,400 hours. F
- Duggan Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are expected to total $325,000 for the year, and machine usage is estimated at 125,000 hours. F
- Marigold company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $347,325 for the year, and machine usage is estimated at 126,300 hours. For the year, $275,125 of overhead costs are incurred
- Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard direct labor hours. The company's total budgeted variable and fixed ma
- Calculate the combined pre-determined OH rate using (1) units of production and (2) machine hours: 40,000 machine hours, variable manufacturing OH $80,000, Fixed manufacturing OH $325,000. The company expects to produce 10,000 units and each product requi
- Manufacturing overhead is allocated to products based on the number of machine hours required. In a year when 20,000 machine hours were anticipated, costs were budgeted at $125,000. If a product requires 7,000 machine hours, how much manufacturing overhea
- Manufacturing overhead is allocated to products based on the number of machine hours required. In a year when 20,000 machine hours were anticipated, costs were budgeted at $125,000. If a product requires 8,000 machine hours, how much manufacturing overhea
- 1. Flick Company uses a standard cost system in which manufacturing overhead is applied to units of product on the basis of standard direct labor hours. The company's total budgeted variable and fixed
- Dearden Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $144,000,
- At the beginning of last year, Tari Corporation budgeted $1,000,000 of fixed manufacturing overhead and chose a denominator level of activity of 400,000 machine-hours. At the end of the year, Tari's f
- At the beginning of last year, Tari Corporation budgeted $1,500,000 of fixed manufacturing overhead and chose a denominator level of activity of 600,000 machine-hours. At the end of the year, Tari's f
- At the beginning of last year, Tari Corporation budgeted $1,100,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's f
- Quintric Ltd. incurred actual total manufacturing costs of $202,000 and 8,000 total machine hours during the year. Determine the amount of under-applied or over-applied manufacturing overhead for the period and prepare a journal entry to close any balance
- Dubberly Corporation's cost formula for its manufacturing overhead is $31,900 per month plus $65 per machine-hour. For the month of March, the company planned for activity of 8,160 machine-hours, but
- Levron Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $58,000, va
- Suppose budgeted production for EG Company is estimated to require 8,000 machine hours per year and practical capacity is 10,000 machine hours per year. Estimated manufacturing overhead cost for the y
- Vaughn manufacturing thinks machine hours is the best activity base for its manufacturing overhead. The estimate of annual overhead costs for its job $1,950,000. The company used 1,000 of processing on job. N. B12 during the period and overhead cost total
- A manufacturing company allocates overhead at a fixed rate of $65 per hour based on direct labor hours. During the month, total overhead incurred was $280,000, and the total direct labor hours work wa
- Diseth Corporation applies manufacturing overhead to products on the basis of standard machine-hours. The company bases its predetermined overhead rate on 5,300 machine-hours. The company's total budgeted fixed manufacturing overhead is $12,720. In the mo
- Gammaro Company uses normal costing. It allocates manufacturing overhead costs using a budgeted rate per machine hour. The following data are available for 2014: Budgeted manufacturing overhead costs $4,200,000 Budgeted machine-hours 175,000 Actual manufa
- Venkat Manufacturing forecasts that total overhead for the current year will be $12,000,000 and that total machine hour will be 200,000 hours. Year to date, the actual overhead is $8,000,000 and the actual machine hours are 100,000 hours. If Venkat Manufa
- Barringer Manufacturing Corporation has prepared the following overhead budget for next month. Activity level... 7,800 machine-hours Variable overhead costs: Supplies = $34,320 Indirect labor = 50,700 Fixed overhead costs: Supervision =10,200 Utili
- Assume that manufacturing overhead for Glassman Company consisted of the following activities and costs: Setup (1000 setup hours) $144,000 Production scheduling (400 batches) 60,000 Production enginee
- Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $413,400
- Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $377,300
- Stranahan Company allocates overhead based on machine hours. Estimated overhead costs for the year total $217,000 and the company estimates that it will use 31,000 machine hours during the year. Actua
- At the beginning of last year, Tari Corporation budgeted $400,000 of fixed manufacturing overhead and chose a denominator level of activity of 550,000 machine-hours. At the end of the year, Tari's fix
- Kostelnik Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on machine hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $288,600
- Ikered Company applies manufacturing overhead to jobs on the basis of machine-hours used. Overhead costs are expected to total $ 300,000 for the year, and machine usage is estimated at 125,000 hours. For the year, $322,000 of overhead costs are incurred a
- A manufacturing company allocates overhead at a fixed rate of $40 per hour based on direct labor hours. During the month, total overhead incurred was $280,000, and the total direct labor hours work was 4,000. Job numbers 5-23 had 500 hours of direct labor
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine-hours. At the beginning of the year, the company estimated its total overhead cost to be $269,800 and machine hours to be 14,200. Actual manufacturing overhead and mach
- Cambridge Manufacturing Company applies manufacturing overhead on the basis of machine hours. At the beginning of the year, the company estimated its total overhead cost to be $296,000 and machine hours to be 14,800. Actual manufacturing overhead and mach
Explore our homework questions and answers library
Browse
by subject