# 1.During FY 2019, Dorchester Company plans to sell Widgets for \$12

a unit. Current variable costs are \$7 a unit and fixed costs are expected to total of \$162,000. Use this information to determine the number of units of Widgets for Dorchester to breakeven.  (Round to the nearest whole number)

2.Baltimore Company uses a job order cost system and applies overhead based on estimated rates.  The overhead application rate is based on total estimated overhead costs of \$230,000 and direct labor hours of 8,200. During the month of February 2019, actual direct labor hours of 9,100 were incurred. Use this information to determine the amount of factory overhead that was applied in February. (round answer to the nearest whole dollar):

3.On May 21, 2019, Christine worked 6.5 hours on Job A-1, and 3 hours on general “overhead activities.” Christine is paid \$17 per hour.  Overhead is applied based on \$28 per direct labor hour.  Additionally, on May 21 Job A-1 requisitioned and entered into production \$210 of direct material.  On May 21, Christine, while working on Job A-1 used \$27 of indirect material. Indirect material is included in the overhead application rate. Use this information to determine the total cost that should have been recorded in the Work in Process for Job A-1 on May 21? Round your answer to the closest whole dollar.

4.Bethesda Company’s April 1, 2019 beginning work in process was 550 units. During April an additional 2,100 units were put into production. At the end of April all units were completed except for 975 units. Use this information to determine number of units completed.

5.On March 1, 2019, Baltimore Company’s beginning work in process inventory had 5,500 units. This is its only production department. Beginning WIP units were 50% finished as to conversion costs. Baltimore introduces direct materials at the beginning of the production process.  During March, a total of 27,200 units were started and the ending WIP inventory had 8,200 units which were 50% finished as to conversion costs. Baltimore uses the weighted average method. Use this information to determine for March 2019 the equivalent units of production for conversion costs. (Round answer to the nearest whole number of units)

6.On March 1, 2019, Annapolis Company has a beginning Work in Process inventory of zero. All materials are added into production at the beginning of its production. There is only one production WIP inventory. During the month 22,000 units were started. At the end of the month all started units were 65% complete with respect to conversion. Direct Materials placed into production had a total cost of \$480,000 and the total conversion cost for the month was \$488,000. Annapolis uses the weighted-average process costing method. Use this information to determine the cost per equivalent unit of direct material for the month of March. (Round answer to the nearest cent.)

7.During FY 2019, Dorchester Company plans to sell Widgets for \$15 a unit. Current variable costs are \$6 a unit and fixed costs are expected to total of \$150,000. Use this information to determine the dollar value of sales for Dorchester to breakeven.  (Round to the nearest whole dollar)
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8.During March 2019, Annapolis Corporation recorded \$40,200 of costs related to factory overhead.  Alpha’s overhead application rate is based on direct labor hours. The preset formula for overhead application estimated that \$41,900 would be incurred, and 6,000 direct labor hours would be worked.  During March, 4,750 hours were actually worked. Use this information to determine the amount of factory overhead that was (over) or under applied. (Round answers to the nearest whole dollar. Enter as a positive number if