Company manufactures cordless telephones. During 2022, total costs associated with manufactu l (introduced this year) were as follows: ials bor manufacturing overhead ufacturing overhead $ 195,175 115,625 85,100 114,700 e the cost per phone under both direct (or variable) costing and absorption costing. of these phones were in finished goods inventory at the end of 2022, by how much and in what 22 operating income be different under direct (or variable) costing than under absorption costin the phone cost in a cost formula. What does this formula suggest the total cost of making an add e this question by entering your answers in the tabs below.

Company manufactures cordless telephones. During 2022, total costs associated with manufactu l (introduced this year) were as follows: ials bor manufacturing overhead ufacturing overhead $ 195,175 115,625 85,100 114,700 e the cost per phone under both direct (or variable) costing and absorption costing. of these phones were in finished goods inventory at the end of 2022, by how much and in what 22 operating income be different under direct (or variable) costing than under absorption costin the phone cost in a cost formula. What does this formula suggest the total cost of making an add e this question by entering your answers in the tabs below.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter5: Process Costing

Section: Chapter Questions

Problem 2PB: The following product costs are available for Kellee Company on the production of eyeglass frames:...

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SmokeCity, Inc., manufactures barbeque smokers. Based on past experience, SmokeCity has found that its total annual overhead costs can be represented by the following formula: Overhead cost = 543,000 + 1.34X, where X equals number of smokers. Last year, SmokeCity produced 20,000 smokers. Actual overhead costs for the year were as expected. Required: 1. What is the driver for the overhead activity? 2. What is the total overhead cost incurred by SmokeCity last year? 3. What is the total fixed overhead cost incurred by SmokeCity last year? 4. What is the total variable overhead cost incurred by SmokeCity last year? 5. What is the overhead cost per unit produced? 6. What is the fixed overhead cost per unit? 7. What is the variable overhead cost per unit? 8. Recalculate Requirements 5, 6, and 7 for the following levels of production: (a) 19,500 units and (b) 21,600 units. (Round your answers to the nearest cent.) Explain this outcome.
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