6 - 1 Question(TCO 9 MedicalTechnical Inc manufactures...

This preview shows page 1 - 3 out of 4 pages.

1. Question : (TCO 9) MedicalTechnical, Inc. manufactures surgical instruments to the exacting specifications of various customers. During April 2005, Job 911 for the production of 4,500 instruments was completed at the following costs per unit.Direct materials$ 60Direct manufacturing labor20Allocated manufacturing overhead 80$160Final inspection of Job 911 disclosed 100 defective units and 50 spoiled units. The defective instruments were reworked at a total cost of $12,000, and the spoiled instruments were sold to a jobber for $3,000. What would be the unit cost of the good units produced on Job 911?Student Answer: $160$162$164$168Instructor Explanation: Production costs$160 x 4,500 units$720,00Rework costs12,00$732,00Revenue from sale of spoiled units(3,000Net Cost$729,00$739,000/4450 good units = $163.62 or $164
Points Received: 6 of 6Comments: Question 2. Question : (TCO 9) Walbreck Company had the following production for the month of August.UnitsWork in process, August 1 6,000Started during August24,000
Completed and transferred to finished goods18,000Abnormal spoilage incurred3,000

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture