Question

Paney Company makes calendars. Information on cost per unit is as follows: Direct materials $1.50 Direct...

Paney Company makes calendars. Information on cost per unit is as follows:

Direct materials

$1.50

Direct labor

1.20

Variable overhead

0.90

Variable marketing expense

0.40

Fixed marketing expense totaled $13,000 and fixed administrative expense totaled $35,000. The price per calendar is $10. What is the break-even point in sales dollars?

Select one:

a. $58,330

b. $21,670

c. $80,000

d. $120,000

e. $28,000

QUESTION 2

Raleigh Clothes Ltd. uses job order costing to measure and track product costs. Raleigh has determined that machine hours drive its manufacturing overhead costs. During the month of June, the following data were available for Product #95:

Direct labor 350 hours at $10 per hour

Direct materials 40 square yards at $25 per yard

Machine hours used 1,000 hours

If total manufacturing overhead costs during the month totaled $100,000 when a total of 25,000 machine hours were used, what will be the total manufacturing cost of Product #95?

Select one:

a. $ 3,500

b. $ 4,500

c. $12,500

d. $ 4,000

e. $ 8,500

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