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Southwest Components recently switched to activity-based costing
from the department allocation method. The Fabrication Department
manager has estimated the following cost drivers and rates:
Activity Centers Cost Drivers Rate per Cost Driver Unit
Materials handling Pounds of material handled $ 16 per pound
Quality inspections Number of inspections $ 220 per
inspection
Machine setups Number of machine setups $ 2,900 per setup
Running machines Number of machine-hours $ 24.00 per hour
Direct materials costs were $317,000 and direct labor costs...
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Southwest Components recently switched to activity-based costing
from the department allocation method. The Fabrication Department
manager has estimated the following cost drivers and rates:
Activity Centers
Cost Drivers
Rate per
Cost Driver Unit
Materials handling
Pounds of material handled
$
15
per pound
Quality inspections
Number of inspections
$
230
per inspection
Machine setups
Number of machine setups
$
2,700
per setup
Running machines
Number of machine-hours
$
22.00
per hour
Direct materials costs were $304,000 and direct labor costs...
-
*** Where I put numbers might not actually
even have a number.
Southwest Components recently switched to activity-based costing from the department allocation method. The Fabrication Department manager has estimated the following cost drivers and rates: Activity Centers Materials handling Quality inspections Machine setups Running machines Cost Drivers Pounds of material handled Number of inspections Number of machine setups Number of machine-hours Rate per Cost Driver Unit $ 36 per pound $ 450 per inspection $5,400 per setup $ 45...
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Southwest Components recently switched to activity-based costing
from the department allocation method. The Fabrication Department
manager has estimated the following cost drivers and rates:
Activity Centers
Cost Drivers
Rate per
Cost Driver Unit
Materials handling
Pounds of material handled
$
17
per pound
Quality inspections
Number of inspections
$
210
per inspection
Machine setups
Number of machine setups
$
2,500
per setup
Running machines
Number of machine-hours
$
22.00
per hour
Direct materials costs were $282,000 and direct labor costs...
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1428 points Soune Components recently wached to active based costing from the department canon had the con Department a n d the Marts handing Machines Hunsing machines pectos of machine Deci materials costs were 5304,000 and decor costs were $158.000 dung when Fanation Department 1.700 pounds co d User accounts to show the of manera labor and overhead costs from the four overhead a cr o ga Work in Process inventory and the doo r Overhead Applied Material Handling Overhead...
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Recently, MAKS Corp. switched to activity-based costing (ABC) from the department allocation method, where the company allocated overhead costs at a rate of $70 per machine hour. The company reported the following data for its Finishing Department: Activity Material handling Machine setups Utilities Quality control Cost Drivers Tons of material handled Number of production runs Machine hours Number of inspections Amount $ 90 3,600 30 400 During May, the company purchased and used $135,000 of direct materials at $25 per...
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The Mega Construction Company recently switched to activity based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $60 per machine hour The cost accountant for the Finishing Department has gathered the following data Amount $ 95 Activity Matenal handling Mochine Setups tes Quality Control Cost Drivers Tons of material Handled Number of production runs Machine Hours Number of inspections 2500 thing Department groductions using a total of 15.000 machine hours in...
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The Mega Construction Company recently switched to activity-based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $40 por machine hour. The cost accountar or t h ing Department has gathered the following data: Cost Drivers Tons of material handled Number of production runs Machine hours Number of inspections Amount $ 60 3,650 Material handling Machine setups utilities Quality control 100 During April, Mega purchased and used $135,000 of direct materials at...
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Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Maintenance. ... Materials handling Machine setups Inspections .. $ 20,000 30,000 70,000 $10,000 15,000 5,000 25,000 $55,000 Cost Driver Machine hours Material moves Machine setups Inspection hours $120,000 The following activity predictions were also made for the year: Fabrication Department Finishing Department Machine hours .. Materials moves.. Machine setups Inspection hours. 10,000 3,000 700 5,000...
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Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...
Southwest Components recently switched to activity-based costing
from the department allocation method. The Fabrication Department
manager has estimated the following cost drivers and rates:
Activity Centers
Cost Drivers
Rate per
Cost Driver Unit
Materials handling
Pounds of material handled
$
15
per pound
Quality inspections
Number of inspections
$
230
per inspection
Machine setups
Number of machine setups
$
2,700
per setup
Running machines
Number of machine-hours
$
22.00
per hour
Direct materials costs were $304,000 and direct labor costs...
*** Where I put numbers might not actually
even have a number.
Southwest Components recently switched to activity-based costing from the department allocation method. The Fabrication Department manager has estimated the following cost drivers and rates: Activity Centers Materials handling Quality inspections Machine setups Running machines Cost Drivers Pounds of material handled Number of inspections Number of machine setups Number of machine-hours Rate per Cost Driver Unit $ 36 per pound $ 450 per inspection $5,400 per setup $ 45...
1428 points Soune Components recently wached to active based costing from the department canon had the con Department a n d the Marts handing Machines Hunsing machines pectos of machine Deci materials costs were 5304,000 and decor costs were $158.000 dung when Fanation Department 1.700 pounds co d User accounts to show the of manera labor and overhead costs from the four overhead a cr o ga Work in Process inventory and the doo r Overhead Applied Material Handling Overhead...
Recently, MAKS Corp. switched to activity-based costing (ABC) from the department allocation method, where the company allocated overhead costs at a rate of $70 per machine hour. The company reported the following data for its Finishing Department: Activity Material handling Machine setups Utilities Quality control Cost Drivers Tons of material handled Number of production runs Machine hours Number of inspections Amount $ 90 3,600 30 400 During May, the company purchased and used $135,000 of direct materials at $25 per...
The Mega Construction Company recently switched to activity based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $60 per machine hour The cost accountant for the Finishing Department has gathered the following data Amount $ 95 Activity Matenal handling Mochine Setups tes Quality Control Cost Drivers Tons of material Handled Number of production runs Machine Hours Number of inspections 2500 thing Department groductions using a total of 15.000 machine hours in...
The Mega Construction Company recently switched to activity-based costing (ABC) from the department allocation method. The department method allocated overhead costs at a rate of $40 por machine hour. The cost accountar or t h ing Department has gathered the following data: Cost Drivers Tons of material handled Number of production runs Machine hours Number of inspections Amount $ 60 3,650 Material handling Machine setups utilities Quality control 100 During April, Mega purchased and used $135,000 of direct materials at...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2019 for the given activity cost pools: Fabrication Department Finishing Department Maintenance. ... Materials handling Machine setups Inspections .. $ 20,000 30,000 70,000 $10,000 15,000 5,000 25,000 $55,000 Cost Driver Machine hours Material moves Machine setups Inspection hours $120,000 The following activity predictions were also made for the year: Fabrication Department Finishing Department Machine hours .. Materials moves.. Machine setups Inspection hours. 10,000 3,000 700 5,000...
Activity-Based Costing Slack Corporation has the following predicted indirect costs and cost drivers for 2016 for the given activity cost pools: Maintenance Materials handling Machine setups Inspections Fabrication Department Finishing Department Cost Driver $35,000 $25,000 Machine hours 30,000 15,000 Material moves 70,000 5,000 Machine setups 25,000 Inspection hours $135,000 $70,000 The following activity predictions were also made for the year: Machine hours Material moves Machine setups Inspection hours Fabrication Department Finishing Department 10,000 5,000 3,000 1,500 700 1,000 50 It...