题目内容

A company has over-absorbed fixed production overheads for the month of May 20X8 by $5,000. The fixed production overhead absorption rate for the month was $7 per unit. This rate was based on budgeted output of 5,000 units. Actual output for the month was 4,500 units. What amount of fixed production overheads did the company incur for April 20X8?

A. $26,500
B. $31,500
C. $35,000
D. $36,500

查看答案
更多问题

Which one of the following statements correctly defines the term 'overtime premium'?

A. The total amount paid for working overtime hours
B. A bonus earned by workers for completing work without the need for overtime
C. The benefit received by an organisation from unpaid overtime by salaried staff
D. The amount of the additional payment received for working overtime generated by receiving a higher hourly rate

Budgeted production in a factory for next period is 480 units. Each unit requires 2 labour hours. Labour is paid $30 per hour. 10% of total labour time is idle time. What is the factory's budgeted labour cost for next period?

A. $28,800
B. $25,920
C. $16,000
D. $32,000

Zing Co produces candles in the shape of company logos. A company has ordered 50 candles using the design of their company logo. Zing Co will produce these candles together, in a batch. Costs for the batch of 50 candles are:Direct materials: $60Direct wages: $40Overheads: Zing Co absorbs overheads at a rate of 20% of direct wages cost What was the cost per candle in this batch?

A. $1.84
B. $92
C. $2.16
D. $108

In an integrated accounting system what is the correct entry to record direct labour costs?

A. Debit Production overhead, Credit Wages
B. Debit Wages, Credit Production overhead
C. Debit Work in progress, Credit Wages
Debit Wages, Credit Work in progress

答案查题题库