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1.Buildz Manufacturing currently produces 2000 tables per month. The following per unit data for 2000 tables apply for sales to regular customers: Direct matte Dit manufacturing labor 20 Variable manufacturing overhead 20 Pound mancing on the 40 Total manufacturing contes 3155 What is the per un cost when producing 4000 tables? $125.00 $155.00 $135.00 $195.00.

2.A tabular analysis of the transactions made by Kathy Gogin & Co, a certified public accounting firm, for the month of August is shown below. Each increase and decrease in stockholders' equity is explained Event Cash Accts Rec Supplies - Office Equipme= nt Accts Payable Stockhol ders Equity 18,000investment 1 2 5.000 3.000 750 4 3,400 11.400Fees earned 18,000 (2.000) (750) 8,000 (1,500) (2,500) (650) 450 (1.500) 6 7 8 (2 500)Dividends (650)Rent expense (450) 9 (2.900) Salaries (2.900) expense (900) bes expense 900 10 (a On each line below briefly describe each transaction that occurred for the month from the above tabular analysis Stockhol Invested 515.000
(a) On each line below, briefly describe each transaction that occurred for the month from the above tabular analysis Stockhol ders invested $18,000 cash in the business 2 3 Text entry Text entry Text entry Text entry Text entry Text entry Text entry Text entry Text entry 7 8 9 10
Determine how much stockholders' equity increased during the month from the above tabular analysis Value Account title Account title Account Title Account Value Value Account title Account title Increase in stockholders' equity Value Compute the amount of net income for the month from the above tabular analysis Accoun Value.

3. Lubricants, Inc., produces a special kind of grease that is widely used by race car drivers. The grease is produced in two processing departments-Refining and Blending. Raw materials are introduced at various points in the Refining Department. The following incomplete Work in Process account is available for the Refining Department for March: March 1 balance Work in Process-Refining Department 32,400 Completed and transferred to Blending 147,600 80,200 484,000 Materials Direct labor Overhead March 31 balance The March 1 work in process inventory in the Refining Department consists of the following elements: materials, $7,800; direct labor, $3,400; and overhead, $21,200. Costs incurred during March in the Blending Department were: materials used, $46,000; direct labor, $16,800; and overhead cost applied to production, $117,000. Required: 1. Prepare journal entries to record the costs incurred in both the Refining Department and Blending Department during March. Key your entries to the items (a) through (g) below. a. Raw materials used in production. b. Direct labor costs incurred. c. Manufacturing overhead costs incurred for the entire factory, $716,000. (Credit Accounts Payable.) d. Manufacturing overhead was applied to production using a predetermined overhead rate. e. Units that were complete with respect to processing in the Refining Department were transferred to the Blending Department, $662,000. f. Units that were complete with respect to processing in the Blending Department were transferred to Finished Goods, $740,000. g. Completed units were sold on account, $1,380,000. The Cost of Goods Sold was $640,000.
2. Post the journal entries from (1) above to T-accounts. The following account balances existed at the beginning of March. (The beginning balance in the Refining Department's Work in Process is given in the T-account shown above.) Raw materials Work in process-Blending Department Finished goods $ 212,600 $ 53,000 $ 24,000 Complete this question by entering your answers in the tabs below. Required 1 Required 2 Post the journal entries from Requirement 1 to T-accounts. Accounts Receivable Raw Materials 212,600 Beg. Bal. Beg. Bal. g. 1,380,000 193,600 a. End. Bal 1,380,000 End. Bal. 19,000 Work in Process-Refining Department Work in Process-Blending Department Beg. Bal. Beg. Bal. a b. Ec End. Bal. 0 End. Bal.