Homework Answers
Facility level activities are those which can are not traceable to particular product or product lines.
Plant depreciation, Property taxes, and Utilities are facility level activities. whereas Product engineering charges are Unit level activities.
Answer is Product engineering charges.
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Question 17 (0.5 points) Which of the following is not a facility-level activity? Plant depreciation Property...
Which of the following would most likely be a facility level cost? A. Depreciation on factory...
Which of the following would most likely be a facility level cost? A. Depreciation on factory equipment B. Depreciation on factory building C. Depreciation of engineering equipment D. Depreciation of setup equipment
Classify each of the following activity costs of Quick Pix as either unit-level, batch-level, product-level, or facility-level.
(a)Colour printing materialsselect a classification of activity costs Batch- or unit-levelBatch- or-product-levelFacility-levelProduct-level(b)Photocopy paperselect a classification of activity costs Unit-levelFacility-levelBatch- or unit-levelBatch- or-product-levelBatch-levelProduct-level(c)Depreciation of machinery (assume units-of-activity depreciation)select a classification of activity costs ...
Activity-based costing defines five levels of activity. Which of the following activity levels would property taxes...
Activity-based costing defines five levels of activity. Which of the following activity levels would property taxes fall into? a. Unit-level. b. Batch-level. c. Product-level. d. Organization-sustaining.
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for...
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials Inspections Tests Insurance, plant Engineering design Depreciation, machinery Machine setup, indirect labor Property taxes Oil, heating Electricity, plant lighting Engineering prototypes Depreciation, plant Electricity, machinery Machine maintenance wages $4,000 16,000 4,000 110,000 140,000 520,000 20,000 29,000 19,000 21,000 60,000 210,000 36,000 19,000 Classify the above costs of Santana Corporation into activity cost pools using the following:...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Classify each of the following costs as either unit-level, batch-level, product-level, or facility-level.
Classify each of the following costs as either unit-level, batch-level, product-level, or facility-level. a. Engineering costs for new product b. Order processing c. Depreciation on factory d. Direct labor
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are...
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials $ 4,000 Inspections 16,000 Tests 4,000 Insurance, plant 110,000 Engineering design 140,000 Depreciation, machinery 520,000 Machine setup, Indirect labor 20,000 Property taxes 29,000 Oil, heating 19,000 Electricity, plant lighting 21,000 Engineering prototypes 60,000 Depreciation, plant 210,000 Electricity, machinery 36.000 Machine maintenance wages 19.000 Classify the above costs of Santana Corporation into activity cost pools...
QUESTION 20 An activity that is performed to support a specific product line is a: Not...
QUESTION 20 An activity that is performed to support a specific product line is a: Not yet answered Marked out of 1.00 Select one: P Flag question O a. batch-level activity. O b. facility-level activity c. unit-level activity. O d. product-level activity. COVID 19 Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 273,000 Depreciation 207,000 Utilities...
Question 17 (2 points) Which depreciation method has the largest depreciation amount the first year: O...
Question 17 (2 points) Which depreciation method has the largest depreciation amount the first year: O Straight Line O Sum of Years Digits O Double Declining Balance O Declining Balance
Which of the following are part of the four-level hierarchy used in activity-based costing systems? Batch-level...
Which of the following are part of the four-level hierarchy used in activity-based costing systems? Batch-level activities Company-wide activities Facility-level activities Overhead activities Product-level activities Unit-level activities
Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials Inspections Tests Insurance, plant Engineering design Depreciation, machinery Machine setup, indirect labor Property taxes Oil, heating Electricity, plant lighting Engineering prototypes Depreciation, plant Electricity, machinery Machine maintenance wages $4,000 16,000 4,000 110,000 140,000 520,000 20,000 29,000 19,000 21,000 60,000 210,000 36,000 19,000 Classify the above costs of Santana Corporation into activity cost pools using the following:...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Exercise 4-6 Santana Corporation manufactures snowmobiles in its Blue Mountain, Wisconsin, plant. The following costs are budgeted for the first quarter's operations. Machine setup, indirect materials $ 4,000 Inspections 16,000 Tests 4,000 Insurance, plant 110,000 Engineering design 140,000 Depreciation, machinery 520,000 Machine setup, Indirect labor 20,000 Property taxes 29,000 Oil, heating 19,000 Electricity, plant lighting 21,000 Engineering prototypes 60,000 Depreciation, plant 210,000 Electricity, machinery 36.000 Machine maintenance wages 19.000 Classify the above costs of Santana Corporation into activity cost pools...
QUESTION 20 An activity that is performed to support a specific product line is a: Not yet answered Marked out of 1.00 Select one: P Flag question O a. batch-level activity. O b. facility-level activity c. unit-level activity. O d. product-level activity. COVID 19 Co uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs: Wages and salaries $ 273,000 Depreciation 207,000 Utilities...
Question 17 (2 points) Which depreciation method has the largest depreciation amount the first year: O Straight Line O Sum of Years Digits O Double Declining Balance O Declining Balance
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