The direct manufacturing labor costs is $40000 and manufacturing overhead cost is $7000, then conversion cost would be ____________?

Related Mcqs:

1. The conversion cost is $2000 and the manufacturing overhead cost is $7000, then the direct manufacturing labor cost will be _________?

   A. $27,000
   B. $13,000
   C. $130,000
   D. $29,500

2. If the budgeted direct labor hours are 4550 and direct labor cost rate is $600 per labor hour then, total direct labor cost would be _____________?

   A. $4,730,000
   B. $3,730,000
   C. $2,730,000
   D. $1,730,000

3. If the budgeted direct labor hours are 3550 and direct labor cost rate is $500 per labor hour, then total direct labor cost would be __________?

   A. $1,775,000
   B. $1,675,000
   C. $1,875,000
   D. $1,975,000

4. If the budgeted total direct labor hours are 3800 and budgeted direct labor cost is $480000, then the budgeted direct labor cost rate will be ___________?

   A. $126.32 per labor hour
   B. $128.32 per labor hour
   C. $130 per labor hour
   D. $132 per labor hour

5. If the budgeted total direct labor hours are 5500 and budgeted direct labor cost is $755000, then the budgeted direct labor cost rate is _________?

   A. $138 per labor hour
   B. $137.27 per hour
   C. $140 per labor hour
   D. $142 per labor hour

6. The direct manufacturing labor costs is added into manufacturing overhead cost to calculate ___________?

   A. transaction costs
   B. conversion costs
   C. resale costs
   D. merchandise costs

7. If an actual manufacturing overhead costs is $225000 and actual total quantity of cost allocation base is 2500 labor hours, then the overhead rate will be __________?

   A. $60
   B. $90
   C. $80
   D. $70

8. If an actual manufacturing overhead costs is $485000 and actual total quantity of cost allocation base is 4500 labor hours, then the overhead rate would be _____________?

   A. 109.87
   B. $107.78
   C. $106.56
   D. $104.34

9. In throughput costing, the variable manufacturing overhead and direct manufacturing labor cost must be treated as ___________?

   A. accrual cost
   B. incurred cost
   C. period costs
   D. setup costs

10. The conversion cost is subtracted from direct manufacturing labor cost to calculate the ____________?

    A. direct overheads
    B. overhead costs
    C. factory overhead
    D. manufacturing overhead cost