C. $66,500 | |
Product A | |
Direct materials | $26,000 |
Direct labor | $18,000 |
Overhead costs | $22,500 |
[$60,000 x $18,000/($18,000 + $30,000)] | |
Production cost | $66,500 |
Sheddon Industries produces two products. The products' identifted costs are as foillows eook Product A Product...
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $20,000 $15,000 Direct labor 24,000 12,000 The company's overhead costs of $54,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round your intermediate calculations.) Multiple Cholce $39,000 $50,000 $93,000 None of the answers are correct.
Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $ 19,000 $ 14,000 Direct labor 17,000 23,000 The company's overhead costs of $53,000 are allocated based on direct labor cost. Assume 3,000 units of product A and 4,000 units of Product B are produced. What is the cost per unit for product B? (Do not round intermediate calculations.)
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product Product B $ 22,000 $17,000 14,000 26,000 The company's overhead costs of $56,000 are allocated based on direct labor cost. Assume 6,000 units of product A and 7,000 units of Product Bare produced. What is the cost per unit for product B? (Do not round intermediate calculations.) Multiple Choice $13.34 $11.34 $12.69 None of the answers are correct. < Prey 2 of 7...
Sheddon Industries produces two products. The products' identified costs are as follows: Direct materials Direct labor Product A $20,000 12,000 Product B $15,000 24,000 29 The company's overhead costs of $108,000 are allocated based on labor cost. Assume 4,000 units of product A and 5,000 units of Product B are produced. What amount of production costs would be assigned to Product A? (Do not round intermediate calculations.) Multiple Choice $68,000 $36.000 None of the answers are correct $111.000
Paris, Inc, Produces two products, Product A and Product B. If currently allocates overhead costs using direct-labor hours, but the controller has recommended an activity-based costing (ABC) system using the following data: Activity Level Activity Cost-Driver Base Cost Product A Product B Production setup Number of setups 90,000 11 19 Materials handing & requisition Number of parts per unit 15,000 6 18 Packaging & shipping Number of units shipped 45,000 60,000 120,000 Total overhead 150,000 A, Compute the amount of...
Walnut Systems produces two different products, Product A, which sells for $220 per unit, and Product B, which sells for $280 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows: Cost Usage by Product A Usage by Product B Design...
2.000 = $so 22. Walnut Systems produces two different products, Product A, which sells for $120 per unit. and Product B, which sells for $180 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows: Cost Usage by Product A Usage...
23. Albany Industries produces two products. Information about the products is as follows: Product 1 Product 2 Units produced and sold 4,000 10.000 Selling price per unit $15 $13 Variable costs per unit The company's fixed costs totaled $70,000, of which $15.000 can be directly traced to Product 1 and $40,000 can be directly traced to Product 2. The effect on the firm's if Product 2 is dropped would be a A. $10,000 increase B. $35,000 increase C. $35,000 decrease...
Walnut Systems produces two different products, Product A, which sells for $120 per unit, and Product B, which sells for $180 per unit, using three different activities: Design, which uses Engineering Hours as an activity driver; Machining, which uses machine hours as an activity driver; and Inspection, which uses number of batches as an activity driver. The cost of each activity and usage of the activity drivers are as follows: Usage by Cost Product A Usage by Product B Design...
Knowledge Check 01 Expected Activity Activities and Activity Measures Estimated Overhead Costs Product 1 Product 2 Hand-processing (direct labor-hours) $ 320,000 45,000 55,000 Setting up equipment (number of setups) 150,000 9,000 21,000 Administering parts inventories (number of part types) 30,000 110 90 $ 500,000 Transformation Corporation has provided the information set forth above regarding the overhead to be allocated between the two products it produces: CDE and EFG. What is the activity rate for the hand-processing units activity?