Question 1:

At an activity level of 8,800 units, Pember Corporation's total variable cost is $146,520 and its total fixed cost is $219,296. For the activity level of 8,900 units, compute the following values.

Required: A. The total variable cost B. The total cost C. The average variable cost per unit D. The average fixed cost per unit E. The average total cost per unit Note: Assume that the activity level is within the relevant range.

Question 2: Job 397 was recently completed. The following data have been recorded on its job cost sheet EXAMINATION NUMBER: 06140400 2 Final Examination The company applies manufacturing overhead on the basis of direct labor-hours. The predetermined overhead rate is $37 per direct labor-hour.

Required: What is the unit product cost that would appear on the job cost sheet for this job?

Question 3: Carver Inc. uses the weighted-average method in its process costing system. The following data concern the operations of the company's first processing department for a recent month.

Required: Using the wieghted-average method, what are the equivalent units of production for materials and for converison costs? Direct materials .......................................$59,400

Direct labor-hours....................................1,254 DLHs

Direct labor wage rate ..............................$11 per

DLH Number of units completed ......................3,300

units Work in process, beginning: Units in process................................................700

Percent complete with respect to materials .......50%

Percent complete with respect to conversion.....40%

Units started into production during the month ..........................................23,000

Work in process, ending: Units in process................................................200

Percent complete with respect to materials .......80%

Percent complete with respect to conversion.....40%

Question 4: Hayek Corporation uses the FIFO method in its process costing.

The following data concern the company's Mixing Department for the month of August. Required: What are the cost per equivalent unit for materials and the cost per equivalent for conversion for the Mixing Department for August using the FIFO method?

Question 5: Maddaloni International, Inc. produces and sells a single product.

The product sells for $160.00 per unit and its variable expense is $46.40 per unit.

The company's monthly fixed expense is $219,248.

Required: What is the monthly break-even in total dollar sales?