Homework Answers
Correct answer is option b.68%
Calculation of proportion of Inspection activity used by Standard
Proportion = Cost of inspection used by Standard / Total inspection cost
=28560/42000
=.68 or 68%
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Calverton, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses...
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Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $500,000, while the cost of Inspection is $30,000. Standard uses 30% of total machine hours and 70% of total batches. What is the total activity cost assigned to Standard? Multiple Choice O $359.000 O $171,000 o o O $22.500 $125.000
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helpp!! Lynwood, Inc. produces two different products (Product A and Product X) using two different activities:...
helpp!!
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as a activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and th- activity rate for inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,200 3,200 55 18 Total 4,400 73 What...
o different activities: Machining, which uses machine hours as Washington, Inc. produces two different products (Product...
o different activities: Machining, which uses machine hours as Washington, Inc. produces two different products (Product Cand Product 2) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $682,000, while the cost of Inspection is $42,265. The activity drivers are used as follows: Machine hours Number of batches Product C 1,300 55 Product 2 3,100 24 Total 4,400 79 What...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
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Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,400 3,100 47 18 Total 4,500 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product a Product x 1,600 3,000 52 19 Total 4,600 71 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining,...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $510 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,800 3,100 46 19 Total 4,900 65 What is...
Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $500,000, while the cost of Inspection is $30,000. Standard uses 30% of total machine hours and 70% of total batches. What is the total activity cost assigned to Standard? Multiple Choice O $359.000 O $171,000 o o O $22.500 $125.000
45. Cottonwood, Inc. produces two different products (Standard and Luxury) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $147,000, while the cost of Inspection is $43,500. Standard uses 22% of total machine hours and 70% of total batches. What is the total activity cost assigned to Luxury? $13,050 Re Al $127,710 $114,660 O $62,790
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Machine hours Number of batches Product 1,400 53 Product x 3,500 16 Total 4,900 69 What is the...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $220 per machine hour, and the activity rate for Inspection is $500 per batch. The activity drivers are used as follows: Product A Product X 1,400 3,500 53 16 Total 4,900 Machine hours Number of batches What is the...
helpp!!
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as a activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and th- activity rate for inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,200 3,200 55 18 Total 4,400 73 What...
o different activities: Machining, which uses machine hours as Washington, Inc. produces two different products (Product Cand Product 2) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The cost of Machining is $682,000, while the cost of Inspection is $42,265. The activity drivers are used as follows: Machine hours Number of batches Product C 1,300 55 Product 2 3,100 24 Total 4,400 79 What...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, E and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $560 per batch. The activity drivers are used as follows: Machining, which uses machine hours as an activity driver, Product A 1,400 54 Product X 3,200 E...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $180 per machine hour, and the activity rate for Inspection is $540 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,400 3,100 47 18 Total 4,500 65 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $150 per machine hour, and the activity rate for Inspection is $580 per batch. The activity drivers are used as follows: Machine hours Number of batches Product a Product x 1,600 3,000 52 19 Total 4,600 71 What is...
Lynwood, Inc. produces two different products (Product A and Product X) using two different activities: Machining, which uses machine hours as an activity driver, and Inspection, which uses number of batches as an activity driver. The activity rate for Machining is $140 per machine hour, and the activity rate for Inspection is $510 per batch. The activity drivers are used as follows: Machine hours Number of batches Product A Product X 1,800 3,100 46 19 Total 4,900 65 What is...
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