The Cosmo Corporation Manufactures and Assembles Office Chairs

question 37

Multiple Choice

The Cosmo Corporation manufactures and assembles office chairs. Cosmo uses an activity-based costing system to allocate all manufacturing conversion costs. Each chair consists of 15 separate parts totaling $125 in direct materials, and requires 2.0 hours of machine time to produce. Additional information follows: What is the cost of machining per chair?

• A)$4.00
• B)$30.00
• C)$15.50
• D)$5.50

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