Activity cost pool | Activity Measure | Estimated Overhead cost | Estimated Activity | Cost per activity | ||
Machining | Machine hours | 2,00,000 | 10000 | MHs | 20 | |
Machine setups | Number of setups | 1,00,000 | 200 | setups | 500 | |
Product designs | Number of products | 84,000 | 2 | products | 42,000 | |
General Factory | Direct labor hours | 3,00,000 | 12000 | DLH | 25 | |
Activity Measure | Product Y | Overhead cost | ||||
Machining | 8000 | 1,60,000 | ||||
Number of setups | 40 | 20,000 | ||||
Number of products | 1 | 42,000 | ||||
Direct labor hours | 9000 | 2,25,000 | ||||
Total manufacturing overheads | 4,47,000 |
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Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Estimated Overhead Cost s 221,100 Expected ActivitY Activity Cost Pool Machining Machine setups Production...
Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
A. using the abc system, how much total manufacturing overhead cost would be assigned to product Y? B. Using ABC system, how mych total manufacturing overhead cost woykd be assigned to product Z? C.using the plabtwide iverhead rate, what percentage if the total overbead cost is allocated to product Y and product Z? D. Using ABC system, what percebtage if the machining costs is assigned to product Y and product Z? E. what percentage if machine setups cost is assigned...
iment Saved Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Expected Activity Overhead Activity Cost Pool Machining Machine setups Production design...
Required information Greenwood Company manufactures two products—15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
Required information Greenwood Company manufactures two products—15,000 units of Product Y and 7000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
Required information Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
Required information Greenwood Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number...
Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z Estimated Overhead Expected Activity 11,000 MHs Activity Cost Pool Machining Machine setups Production design...
Chapter 4 Assignment i Saved Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General...