Homework Answers
Calculate overhead rate
| Activity | estimated overhead | estimated activity | activity rate |
| Schedule and travel | 120000 | 1500 | 80 per hour |
| Setup time | 144000 | 800 | 180 per setup |
| Supervision | 40000 | $400000 | $0.10 per dollar |
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Exercise 4-14 al-a2, b (Video) (Part Level Submission) es pater als wicker blant wnings that The...
Exercise 4-14 al-a2, b (Video) (Part Level Submission) Venus Creations sells window treatments (shades, blinds, and...
Exercise 4-14 al-a2, b (Video) (Part Level Submission) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial Residential $328,000 $514,000 $45,000 $50,000 110,000 290,000 108,000 263,000 199,000 539,000 $65,000 $(25,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not...
ALLEEATOR Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both...
ALLEEATOR Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year Commercial Residential Revenues $280,000 $484,000 Direct materials costs $30,000 $50,000 Direct labor costs 120,000 280,000 Overhead costs 78,000 225,000 184,000 514,000 Operating income (loss) $60,000 (30.000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $302,500 $451,000 Direct materials costs $40,000 $50,000 Direct labor costs 110,000 290,000 Overhead costs 67,500 217,500 136,000 476,000 Operating income (loss) $85,000 $(25,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial Residential $355,050 $425,000 $30,000 $50,000 150,000 250,000 85,050 265,050 145,000 445,000 $90,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to both...
Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $315,000 $404,000 Direct materials costs $30,000 $50,000 Direct labor costs 150,000 250,000 Overhead costs 75,000 255,000 124,000 424,000 Operating income (loss) $60,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given...
Exercise 4-3 al-a2, b1-b2 (Video) (Part Level Submission) EcoFabrics has budgeted overhead costs of $1,124,550. It...
Exercise 4-3 al-a2, b1-b2 (Video) (Part Level Submission) EcoFabrics has budgeted overhead costs of $1,124,550. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 535,500 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver...
NEXT Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both...
NEXT Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current Commercial Residential Revenues $280,000 $484,000 Direct materials costs $30,000 $50,000 Direct labor costs 120,000 280,000 Overhead costs 78,000 228,000 184,000 514,000 Operating income (loss) $60,000 $(30,000) Study The controller, Pegay Kingman, is concerned about the residential productie She cannot understand why this line is not more profitable given that...
Exercise 17-14 a1-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial...
Exercise 17-14 a1-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and yesidential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $365,000 $474,000 Direct materials costs $40,000 $50,000 Direct labor costs 140,000 260,000 Overhead costs 120,000 300,000 184,000 494,000 Operating income (loss) $65,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
CALCULATOR PRINTER VERSION BACH Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds,...
CALCULATOR PRINTER VERSION BACH Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $300,000 5480,000 Direct materials costs $30,000 $50,000 Direct labor costs 100,000 300,000 Overhead costs 85,000 215,000 150.000 500.000 Operating income (loss) 585,000 ${20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is...
WK E2 HOHE Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and...
WK E2 HOHE Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to Ce40both commercial and residential customers. The following information relates to its budgeted operations for the current year The controller, Peggy Kingman, is concerned about the residential product line, She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential client base resides in close proximity to...
Exercise 4-14 al-a2, b (Video) (Part Level Submission) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial Residential $328,000 $514,000 $45,000 $50,000 110,000 290,000 108,000 263,000 199,000 539,000 $65,000 $(25,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not...
ALLEEATOR Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year Commercial Residential Revenues $280,000 $484,000 Direct materials costs $30,000 $50,000 Direct labor costs 120,000 280,000 Overhead costs 78,000 225,000 184,000 514,000 Operating income (loss) $60,000 (30.000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $302,500 $451,000 Direct materials costs $40,000 $50,000 Direct labor costs 110,000 290,000 Overhead costs 67,500 217,500 136,000 476,000 Operating income (loss) $85,000 $(25,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Revenues Direct materials costs Direct labor costs Overhead costs Operating income (loss) Commercial Residential $355,050 $425,000 $30,000 $50,000 150,000 250,000 85,050 265,050 145,000 445,000 $90,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
Exercise 4-3 al-a2, b1-b2 (Video) (Part Level Submission) EcoFabrics has budgeted overhead costs of $1,124,550. It has allocated overhead on a plantwide basis to its two products (wool and cotton) using direct labor hours which are estimated to be 535,500 for the current year. The company has decided to experiment with activity-based costing and has created two activity cost pools and related activity cost drivers. These two cost pools are cutting (cost driver is machine hours) and design (cost driver...
NEXT Exercise 17-14 al-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current Commercial Residential Revenues $280,000 $484,000 Direct materials costs $30,000 $50,000 Direct labor costs 120,000 280,000 Overhead costs 78,000 228,000 184,000 514,000 Operating income (loss) $60,000 $(30,000) Study The controller, Pegay Kingman, is concerned about the residential productie She cannot understand why this line is not more profitable given that...
Exercise 17-14 a1-a2, b Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and yesidential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $365,000 $474,000 Direct materials costs $40,000 $50,000 Direct labor costs 140,000 260,000 Overhead costs 120,000 300,000 184,000 494,000 Operating income (loss) $65,000 $(20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is not more profitable given that...
CALCULATOR PRINTER VERSION BACH Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to both commercial and residential customers. The following information relates to its budgeted operations for the current year. Commercial Residential Revenues $300,000 5480,000 Direct materials costs $30,000 $50,000 Direct labor costs 100,000 300,000 Overhead costs 85,000 215,000 150.000 500.000 Operating income (loss) 585,000 ${20,000) The controller, Peggy Kingman, is concerned about the residential product line. She cannot understand why this line is...
WK E2 HOHE Exercise 4-14 a1-a2, b (Video) Venus Creations sells window treatments (shades, blinds, and awnings) to Ce40both commercial and residential customers. The following information relates to its budgeted operations for the current year The controller, Peggy Kingman, is concerned about the residential product line, She cannot understand why this line is not more profitable given that the installations of window coverings are less complex for residential customers. In addition, the residential client base resides in close proximity to...
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