13. Based on the following data, what is the gross profit for the company? Sales $ 1,000,000, Net purchases of raw materials 600,000, Cost of goods manufactured 800,000, Marketing and administrative expenses 250,000, Indirect manufacturing costs 500,000.
14. On January 1 Maples had two jobs in process: # 506 with assigned costs of $ 10,500 and # 507 with assigned costs of $ 14,250. During January three new jobs, # 508 through # 510, were started and three jobs, # 506, # 507, and # 508, were completed. Materials and labor costs added during January were as follows: Manufacturing overhead is assigned at the rate of 200 percent of labor. What is the January cost of goods manufactured and transferred from work-in-process?
15. In June, Delta Co. experienced scrap, normal spoilage, and abnormal spoilage in its manufacturing process. The cost of units produced includes
16. In its April 2005 production, Hern Corp., which does not use a standard cost system, incurred total production costs of $ 900,000, of which Hern attributed $ 60,000 to normal spoilage and $ 30,000 to abnormal spoilage. Hern should account for this spoilage as
17. Mat Co. estimated its material handling costs at two activity levels as follows: What is Mat ' s estimated cost for handling 75,000 kilos?
18. When using a flexible budget, a decrease in production levels within a relevant range
19. A delivery company is implementing a system to compare the costs of purchasing and operating different vehicles in its fleet. Truck 415 is driven 125,000 miles per year at a variable cost of $ 0.13 per mile. Truck 415 has a capacity of 28,000 pounds and delivers 250 full loads per year. What amount is the truck ' s delivery cost per pound?