Homework Answers
| Pedetermined overhead rate | |||||||||
| Machining Cost Pool = $2000000/40000 hours =$50 per hour | |||||||||
| Assembling Cost Pool = $1000000/250000 parts = $4 per part | |||||||||
| Overhead Applies to standard | |||||||||
| Machining ( 10000 hours *$50 per hour ) | $ 5,00,000 | ||||||||
| Assembling ( 90000 parts *$4 per part) | $ 3,60,000 | ||||||||
| Total | $ 8,60,000 | ||||||||
| Kindly give a positive rating if you are satisfied with this solution and please ask if you have any query. | |||||||||
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Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing. has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Material insertion Automated machinery Finishing Packaging Total Cost $ 232,000 2,489,000 847,000 184,000 184,000 $3,936,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped The following information pertains to the three product lines for next...
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Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has Identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver Is Identified below. Activity Material handling Material insertion Automated machinery Finishing Packaging Total Cost $ 269,000 3,390,000 872,000 256,000 256,000 $5,043,000 Cost Driver Number of parts Number of parts Machine hours Direct labor hours Orders shipped The following Information pertains to the three product lines...
Barnett Products manufactures three types of remote-control devices: Economy, Standard, and Deluxe. The company, which uses activity-based costing, has identified five activities (and related cost drivers). Each activity, its budgeted cost, and related cost driver is identified below. Activity Cost Cost Driver Material handling Material insertion Automated machinery Finishing $ 235,000 025748 Number of parts 2,495,000 850,000 Number of parts Machine hours 190,000 Direct labor hours Packaging Orders shipped 190,000 $3,960,000 Total The following information pertains to the three product...
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