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Foro Como company incurs $480,000 overhead cos erhead costs each year in its three main departments,...
Company incurs $480,000 overhead costs each year in its three main departments, setup ($30,000), machining ($330,000), and packing (S1200 The setup department performs 40 setups per year, the machir works 5,000 hours per year, and the packing department year. Information about Foxx's two products is as follows s 40 setups per year, the machining department the packing department packs 500 orders per Product A1 Product B1 20 Number of setups Machining hours Orders packed Number of products manufactured 20 1,000...
30. Foxx Company incurs $480,000 overhead costs each year in its three main departments, setup ($30,000), machining ($330,000), and packing ($120, 000). The setup department performs 40 setups per year, the machining department works 5,000 hours per year, and the packing department packs 500 orders per year. Information about Foxx's two products is as follows: Product A1 Product B1 20 4,000 350 400 Number of setups Machining hours Orders packed Number of products manufactured 20 1,000 150 600 Using ABC,...
Windsor Co. incurs $1128000 of overhead costs each year in its three main departments, machining ($640000), inspections ($320000) and packing ($168000). The machining department works 4000 hours per year, there are 600 inspections per year, and the packing department packs 1000 orders per year. Information about Windsor’s two products is as follows: Product X Product Y Machining hours 1000 3000 Inspections 100 500 Orders packed 350 650 Direct labor hours 1700 1800 Using ABC, how much overhead is assigned to...
Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200 Machining Machine hours 100,000 300,000 $1,850,000 56,000,000 15,000,000 Engineering Engineering hours 50,000 100,000 Packing Packing orders 100,000 400,000 200,000 Required: 1. Calculate the overhead rates for each activity. If required, carry your answers out to the nearest cent. Setups Machining $ $ 3,700 140...
View Policies Current Attempt in Progress Windsor Co. incurs $1145625 of overhead costs each year in its three main departments, machining ($650000), inspections ($325000) and packing ($170625). The machining department works 4000 hours per year, there are 600 inspections per year, and the packing department packs 1000 orders per year. Information about Windsor's two products is as follows: Product 1000 Machining hours Inspections Orders packed Direct labor hours 100 350 1700 Product Y 3000 500 650 1800 if traditional costing...
Multiple Choice Question 91 Sheridan Company currently manufactures a wicket as its main product. The costs per unit are as follows: $9 Direct materials and direct labor Variable overhead Fixed overhead Total $22 Saran Company has contacted Sheridan with an offer to sell it 3300 of the wickets for $16 each. If Sheridan makes the wickets, variable costs are $14 per unit. Fixed costs are $8 per unit; however, $5 per unit is unavoidable. Should Sheridan make or buy the...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Activity Cost Setups Number of setups 300 200...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 800,000 Selling price $900 $750 Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Activity Cost Regular 200 Setups Number of setups 300...
Hammer Company produces a variety of electronic equipment. One of its plants produces two laser printers: the deluxe and the regular. At the beginning of the year, the following data were prepared for this plant: Deluxe Regular Quantity 100,000 $900 800,000 $750 Selling price Unit prime cost $529 $483 In addition, the following information was provided so that overhead costs could be assigned to each product: Activity Name Activity Driver Deluxe Regular Setups Number of setups 300 Machining Machine hours...