( TCO 1 ) You own a car and are trying to decide whether or not to trade it in and buy a new car . Which of the following costs is an opportunity cost in this situation ?
4 . Question :
( TCO 1 ) Shula ’ s 347 Grill has budgeted the following costs for a month in which 1,600 steak dinners will be produced and sold : materials , $ 4,080 ; hourly labor ( variable ), $ 5,200 ; rent ( fixed ), $ 1,700 ; depreciation , $ 800 ; and other fixed costs , $ 600 . Each steak dinner sells for $ 14.00 each . How much is the budgeted variable cost per unit ?
5 . Question :
( TCO 1 ) Which of the following is an example of a manufacturing overhead cost ?
6 . Question : ( TCO 1 ) Product costs 7 . Question :
( TCO 1 ) At December 31 , 2010 , WDT Inc . has a balance in the Work in Process Inventory account of $ 62,000 . At January 1 , 2010 , the balance was $ 55,000 . Current manufacturing costs for the year are $ 292,000 , and cost of goods sold is $ 284,000 . How much is cost of goods manufactured ?
8 . Question :
( TCO 2 ) BCS Company applies manufacturing overhead based on direct labor hours . Information concerning manufacturing overhead and labor for August follows :
Estimated Actual 9 . Question :