Solved

Answer the Following Questions Using the Information Below:
Axle and Wheel

Question 8

Multiple Choice

Answer the following questions using the information below:
Axle and Wheel Manufacturing currently produces 1000 axles per month.The following per unit data apply for sales to regular customers:
 Direct materials $30 Direct manufacturing labour 5 Variable manufacturing overhead 10 Fixed manufacturing overhead 40‾ Total manufacturing costs $85\begin{array}{lr}\text { Direct materials } & \$ 30 \\\text { Direct manufacturing labour } & 5 \\\text { Variable manufacturing overhead } & 10 \\\text { Fixed manufacturing overhead } & \underline{40} \\{\text { Total manufacturing costs }} & \$ 85\end{array}
-What is the per unit cost when producing 1500 axles?


A) $71.67
B) $170.00
C) $85.00
D) $107.50

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q3: An actual cost is the cost incurred

Q4: Direct materials inventory includes which of the

Q5: The two most common methods of costing

Q6: Sutcliffe Corporation manufactures and sells top-of-the-line saxophones

Q7: Woods Golf Company sells a special

Q9: 'Conversion costs' include:<br>A)only direct materials.<br>B)direct materials and

Q10: _ costs are the acquisition costs of

Q11: For manufacturing sector companies,period costs in the

Q12: The cost of a customised machine only

Q13: Answer the following questions using the