Estimated machine hours 75,000 Estimated variable manufacturing overhead $ 4.50 per machine hour Estimated total fixed manufacturing overhead $ 825,000 The actual machine hours for the year turned out to be 77,000. Required: Compute the company ' s predetermined overhead rate. Set 2 1.( TCO C) Madlem, Inc., produces and sells a single product whose selling price is $ 120.00 per unit and whose variable expense is $ 46.20 per unit. The company ' s fixed expense is $ 405,900 per month. Required: Determine the monthly breakeven in either unit or total dollar sales. Show your work!( Points: 25) Question 2.2.( TCO B) Industrial Supply Corporation uses the weighted-average method in its process costing system. Data concerning the first processing department for the most recent month are listed below. Work in process, beginning: Units in beginning work in process inventory 400 Materials costs $ 6,900 Conversion costs $ 2,500 Percent complete for materials 80 % Percent complete for conversion 15 % Units started into production during the month 6,000 Units transferred to the next department during the month 5,200 Materials costs added during the month $ 112,500 Conversion costs added during the month $ 210,300
Ending work in process: Units in ending work-in-process inventory 1,200 Percentage complete for materials 75 % Percentage complete for conversion 30 % Required: Calculate the equivalent units for conversion for the month in the first processing department.( Points: 25) Question 1.1.( TCO D) The following absorption costing income statement and additional data are available from the accounting