Question 1 The Justin Manufacturing Company produces products A, B, and C. Although Justin could sell up to 25 units of A, 30 units of B, and 25 units of C each week, a limitation of 179 machine-hours per week prevents Viking from meeting these sales demands. The product information is as follows: A B C Unit selling price $120 $70 $80 Variable manufacturing costs: $81 $35 $51 Variable selling and admin. costs $5 $5 $5 Machine-hours per unit 2 2 3 There are no fixed selling or administrative expenses. Fixed manufacturing costs are $1,000 per week. Required: a. Develop a schedule indicating the order in which Viking should allocate machine-hours to each product. b. Develop a schedule indicating the number of units of each product that Viking should produce each week.

Jason day company had bonds outstanding with a maturity value of $300,000. on april 30, 2017, when these bonds has an unamortized discount of $10,000, they were called in at 104. to pay for these bonds, day had issued other bonds a month earlier bearing a lower interest rate. the newly issued bonds had a life of 10 years. the new bonds were issued at 103 (face value $300,000).

The following account balances at the beginning of january were selected from the general ledger of fresh bagel manufacturing company: work in process inventory $0 raw materials inventory $ 28 comma 100 finished goods inventory $ 40 comma 600 additional data: 1. actual manufacturing overhead for january amounted to $ 65 comma 000. 2. total direct labor cost for january was $ 63 comma 400. 3. the predetermined manufacturing overhead rate is based on direct labor cost. the budget for the year called for $ 255 comma 000 of direct labor cost and $ 382 comma 500 of manufacturing overhead costs. 4. the only job unfinished on january 31 was job no. 151, for which total direct labor charges were $ 5 comma 200 (1 comma 300 direct labor hours) and total direct material charges were $ 14 comma 400. 5. cost of direct materials placed in production during january totaled $ 123 comma 700. there were no indirect material requisitions during january. 6. january 31 balance in raw materials inventory was $ 35 comma 300. 7. finished goods inventory balance on january 31 was $ 35 comma 400. what is the cost of goods manufactured for january?

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