1 | Total Budgeted Cost | / | Allocation Base | = | Predetermined OH allocation rate | |
Materials handling | $8,000 | / | 2,000 | = | $4.00 | |
Machine setup | $3,300 | / | 10 | = | $330.00 | |
Insertion of parts | $56,000 | / | 2,000 | = | $28.00 | |
Finishing | $75,000 | / | 1,200 | = | $62.50 | |
2 | Mfg. OH cost per bumper | $284.60 | ||||
($142,300/500) | ||||||
vity 0 Data Table ation to th Total Budgeted Activity Cost Allocation Base Materials handling $...
Total Budgeted Manufacturing Overhead Cost Allocation Base Activity Materials handling $ Number of parts Machine setup 13,200 5,200 49,500 86,100 Number of setups Number of parts Insertion of parts Finishing Finishing direct labor hours $ 154,000 Total Print Done * Requirements 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Print Done Farragut Company...
Compute the predetermined overhead allocation rate for each activity 2 Points Volty, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified four manufacturing activities: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for 2018 and their allocation bases are as follows: Activity Materials handling Machine setup Insertion of parts Finishing Total Total Budgeted Cost $15,000 6,000 60,000 90,000 $171,000 Allocation Base Number of parts Number of setups Number...
Fletcher, Inc. uses activity-based costing to account for its chrome bumper manufacturing process. Company managers have identified four manufacturing activities: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for 2018 and their allocation bases are asfollows: Activity Total Budgeted Cost Allocation Base Materials handling $3,000 Number of parts Machine setup 3,000 Number of setups Insertion of parts 52,000 Number of parts Finishing 72,000 Finishing direct labor hours Total $130,000 Fletcher expects to produce 500 chrome...
For the LODDE N Data Table i Data Table 20.0 Activity Cost Activity Allocation Base Allocation Rate Materials handling .... Number of parts $ 5,50 per part Machine setup Number of setups $ 325.00 per setup Insertion of parts ..... Number of parts $ 27.00 per part Finishing ............ Finishing direct labor hours $ 52.00 per hour Standard Deluxe Parts per wheel ........ 10.0 Setups per 1,000 wheels ........... 20.0 Finishing direct labor hours per wheel..... Total direct labor hours...
i Requirements 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510. Print Done Data Table Total Budgeted Manufacturing Overhead Cost Allocation Base $ Activity Materials handling .... Machine setup Insertion of parts. 8,700 4,650 49,300 75,600 Number of parts Number of setups Number of parts Finishing Finishing direct labor hours $ 138,250 Total .....
Frederick Companyes A lo account for its chrome wheel malecturing process Company managers have identified for manufacturing activities that incur manufacturing overhead costs materials handing machine setup. Intion of parts and finding the budgeted activity costs for the upcoming year and the allocation bases are as follows Cick the icon to view the budgeted costs and activity bases) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels we expected to use 3.300 parts require 20 setups...
Franklin Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: E: (Click the icon to view the budgeted costs and activity bases.) Franklin Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,600 parts, require...
E4-20A (similar to) Question Help Farrington Company uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: E (Click the icon to view the budgeted costs and activity bases.) Farrington Company expects to produce 1,000 chrome wheels during the year. The wheels are expected...
Central Pain uses ABC to account for its chrome wheel manufacturing process. Company managers have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup, insertion of parts, and finishing. The budgeted activity costs for the upcoming year and their allocation bases are as follows: m (Click the icon to view the budgeted costs and activity bases.) Central Plain expects to produce 1000 chrome wheels during the year. The wheels are expected to use 3,000 parts, require...
Question Help Fredenck Company usos ABC to account for its chrome wheel manufacturing rous Com m unaners have identified four manufacturing activities that incur manufacturing overhead costs: materials handling, machine setup insertion of parts and finishing the budgeted activity costs for the upcoming year and the allocation bases are as follows: (Click the icon to view the budgeted costs and activity bases) Frederick Company expects to produce 1,000 chrome wheels during the year. The wheels are expected to use 2,750...