Homework Answers
| A | |||||
| Allocation rate | 25 | =625000/25000 | |||
| Product | Allocation rate | X | Weight of Base | = | Allocated Cost |
| Vogue | 25 | X | 5400 | = | 135000 |
| Beauty | 25 | X | 7400 | = | 185000 |
| Glamour | 25 | X | 12200 | = | 305000 |
| Total | 625000 | ||||
| B | |||||
| Allocation rate | 125 | =625000/5000 | |||
| Product | Allocation rate | X | Weight of Base | = | Allocated Cost |
| Vogue | 125 | X | 1500 | = | 187500 |
| Beauty | 125 | X | 1400 | = | 175000 |
| Glamour | 125 | X | 2100 | = | 262500 |
| Total | 625000 |
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12 G Saved Walton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour....
Walton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Walton expects to...
Walton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Walton expects to incur $625,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue 5,400 1,500 Beauty 7,400 1,400 Glamour 12,200 2,100 Total 25,000 5,000 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute...
Gibson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour, Gibson expects to...
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Stuart Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Stuart expects to...
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Walton Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Walton expects to incur $625,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue 5,400 1,500 Beauty 7,400 1,400 Glamour 12,200 2,100 Total 25,000 5,000 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute...
Gibson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour, Gibson expects to incur $666,000 of overhead cost during the next fiscal year. Other budget information follows. Direct labor hours Machine hours Vogue Beauty Glamour Total 3,400 5,400 9,200 18,000 1,200 2,050 2,300 5,550 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product b. Use machine hours as the cost driver to compute...
Stuart Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Stuart expects to incur $645,000 of overhead cost during the next fiscal year. Other budget information follows. Vogue Beauty Glamour Total Direct labor hours 4,800 6,800 3,400 15,000 Machine hours 1,200 1,400 1,700 4,300 2728 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to...
Tyson Hats Corporation manufactures three different models of hats: Vogue, Beauty, and Glamour. Tyson expects to incur $550,000 of overhead cost during the next fiscal year. Other budget information follows: Vogue Beauty Glamour Total Direct labor hours 6,000 8,000 11,000 25,000 Machine hours 1,100 1,400 3,000 5,500 Required a. Use direct labor hours as the cost driver to compute the allocation rate and the budgeted overhead cost for each product. b. Use machine hours as the cost driver to compute...
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