Exam 2 practice problems 2022 student-2

School: Northeastern University - Course: ACCT 2301 - Subject: Accounting

Northeastern UniversityExam 2 practice problems ACCT 2301:Managerial Accounting Spring 20224-3A 4-3AAllocating overhead cost to accomplish smoothing Rasmussen Corp RC expects to incur indirect overhead costs of$80,000 per month and direct manufacturing costs of$12 per unit Expected production in unitsJanFebMarchaprilTotal Units6,0007,0003,0004,00020,000 Cost72000840003600048000240,000 RequiredAcalculate predetermined overhead rate based on # of units320,000 BAllocate overhead costs using the PDOR CCalcuate total cost per unit by month A.$16.00 per unit B.JanuaryFebruaryMarchAprilTotal Fixed Costs $96,000 $112,000 $48,000 $64,000 $320,000 Variable$72,000 $84,000 $36,000 $48,000 $240,000 Total$168,000 $196,000 $84,000 $112,000 $560,000 Per unit28282828
file:///var/filecabinet/temp/converter_assets/bf/c3/bfc32dd18783b744f5c5a5e4bc79b892a03279dc.xlsx4-6ANortheastern UniversityExam 2 practice problems ACCT 2301:Managerial Accounting Spring 20224-6A Wiley CO makes three products;plastic cups, plastic tablecloths and plastic bottles They expect to incur$300,000 of overhead costs during the next fiscal year The overhead is made up of Factory mgrs salary$210,000.00 Factory utility cost$70,000.00 Factory supplies$20,000.00 total$300,000.00 Wiley uses machine hours as the cost driver:budgeted hours are as follows

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