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Abburi Company's manufacturing overhead is 40% of its total conversion costs

Accounting Jan 21, 2021

Abburi Company's manufacturing overhead is 40% of its total conversion costs. If direct labor is $63.600 and if direct materials are $23.500, the manufacturing overhead is: Multiple Choice S42,400 595,400 $15.667 O $59,067
During the month of May, direct labor cost totaled $15,785 and direct labor cost was 55% of prime cost. If total manufacturing costs during May were $78.100, the manufacturing overhead was: Multiple Choice O $12.915 $29,700 362.315 $49.400
In May direct labor was 35% of conversion cost. If the manufacturing overhead for the month was $116,350 and the direct materials cost was $20,200, the direct labor cost was: Multiple Choice $216.079 $62,650 $37,514 $10.877
A manufacturing company prepays its Insurance coverage for a three-year period. The premium for the three years is $3.360 and is paid at the beginning of the first year. Seventy percent of the premium applies to manufacturing operations and thirty percent applies to selling and administrative activities. What amounts should be considered product and period costs respectively for the first year of coverage? A) B) c) D) Product $3,360 $2,352 $1,568 $784 Period $0 $1,008 $672 $336 Multiple Choice O Choice A O Choices Choice ?? Choice

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