ACCT 505 Endless Education /uophelp.com ACCT 505 Endless Education /uophelp.com | Page 43

Number of units completed 4,500 units The company applies manufacturing overhead on the basis of machine hours . The predetermined overhead rate is $ 18 per machine hour . Compute the unit product cost that would appear on the job cost sheet for this job . Question 3 . Question : ( TCO B ) Harmon Company uses the weighted average method in its process costing system . The Curing Department of Harmon Company reported the following information for the month of November . Units Percent complete with respect to materials Percentage complete with respect to conversion Work in process , November 1 10,000 100 % 80 % Units started 28,000 ================================================== ACCT 505 Week 3 Case Study II
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Number of units completed 4,500 units The company applies manufacturing overhead on the basis of machine hours . The predetermined overhead rate is $ 18 per machine hour . Compute the unit product cost that would appear on the job cost sheet for this job . Question 3 . Question : ( TCO B ) Harmon Company uses the weighted average method in its process costing system . The Curing Department of Harmon Company reported the following information for the month of November . Units Percent complete with respect to materials Percentage complete with respect to conversion Work in process , November 1 10,000 100 % 80 % Units started 28,000 ================================================== ACCT 505 Week 3 Case Study II

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Springfield Express is a luxury passenger carrier in Texas . All seats are first class , and the following data are available : Number of seats per passenger train car 90 Average load factor ( percentage of seats filled ) 70 % Average full passenger fare $ 160 Average variable cost per passenger $ 70 Fixed operating cost per month $ 3,150,000 What is the break-even point in passengers and revenues per month ? What is the break-even point in number of passenger train cars per month ? If Springfield Express raises its average passenger fare to $