Maxx Inc. has provided the following data from its activity-based costing system: Activity Cost Pools Total...
Maxx Inc. has provided the following data from its
activity-based costing system:
Activity Cost Pools Total Cost Total Activity
Designing products $383,100 6480 product design hours
Setting up batches $52,678 7366 batch set-ups
Assembling products $25,122 4,018 assembly hours
The activity rate for the “designing products” activity
cost pool is:
Homework Answers
activity rate for the “designing products” activity cost pool =Respective cost/Respective activity
=383,100/6480
which is equal to
=$59.12/product design hour(Approx).
Add Answer to:
Maxx Inc. has provided the following data from its
activity-based costing system:
Activity Cost Pools Total...
Maxx Inc. has provided the following data from its activity-based costing system: Activity Cost Pools Total...
Maxx Inc. has provided the following data from its activity-based costing system: Activity Cost Pools Total Cost Designing products $380,400 Total Activity 6,420 product design hours 7366 batch set-ups 4,018 assembly hours Setting up batches $52.678 Assembling products $25,122 The activity rate for the "designing products" activity cost pool is Your Answer:
Data concerning three of Kilmon Corporation's activity cost pools appear below: Activity Cost Pools Assembling products...
Data concerning three of Kilmon Corporation's activity cost pools appear below: Activity Cost Pools Assembling products Designing products Setting up batches Estimated Overhead Cost $ 77,010 $ 593,364 $ 45,650 Expected Activity 4,530 assembly hours 3,012 product design hours 830 batch set-ups Required: Compute the activity rates for each of the three cost pools. (Round your answers to 2 decimal places.) Activity Rate Activities Assembling products Designing products Setting up batches
ctivity-based costing its activity-based The following data have been provided by Leader Corporation from aunting sum:...
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cách). 1. Activity-based costing differs from a traditional costing system in all of the following aspects...
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1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated...
1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows: Activity Cost Pool Activity 1............ Activity 2 Activity 3. Estimated Cost $22,000 $16,240 $14,600 Expected Activity Product A Product B 400 100 380 200 500 250 Total 500 580 750 The activity rate under the activity-based costing system for Activity 3 is closest to: 2. James Company...
Radakovich Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Total...
Radakovich Corporation has provided the following data from its activity-based costing system: Activity Cost Pools Total Cost Total Activity Assembly $ 1,443,140 59,000 machine-hours Processing orders $ 80,905 2,750 orders Inspection $ 145,733 1,910 inspection-hours The company makes 890 units of product F60N a year, requiring a total of 2,070 machine-hours, 41 orders, and 35 inspection-hours per year. The product's direct materials cost is $56.46 per unit and its direct labor cost is $22.67 per unit. The product sells for...
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's...
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's overhead costs have already been allocated to these cost pools as follows: Fabricating Setting Up Other $13,800 $39,900 $20,300 Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following...
Mcnamee Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other. Costs in...
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Mcnamee Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other Costs in...
Mcnamee Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The activity rate for Fabricating is $0.31 per MH; the activity rate for Setting Up is $3.47 per batch. The following table shows...
Mcnamee Corporation's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. Costs in...
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Maxx Inc. has provided the following data from its activity-based costing system: Activity Cost Pools Total Cost Designing products $380,400 Total Activity 6,420 product design hours 7366 batch set-ups 4,018 assembly hours Setting up batches $52.678 Assembling products $25,122 The activity rate for the "designing products" activity cost pool is Your Answer:
Data concerning three of Kilmon Corporation's activity cost pools appear below: Activity Cost Pools Assembling products Designing products Setting up batches Estimated Overhead Cost $ 77,010 $ 593,364 $ 45,650 Expected Activity 4,530 assembly hours 3,012 product design hours 830 batch set-ups Required: Compute the activity rates for each of the three cost pools. (Round your answers to 2 decimal places.) Activity Rate Activities Assembling products Designing products Setting up batches
ctivity-based costing its activity-based The following data have been provided by Leader Corporation from aunting sum: Factory supervision Indirect fetary labor 460,000 $ 220,000 Distribution of Resource Consumption across Activity Cost Pools: Activity Cost Pools Assembly Setting Up Other Total Factopupervision 10% 100% Indirect factory labor 60 20% 20% 100% 35% 55% How much factory supervision and indirect factory labor cost would be allocated in the first stage allocation to the other activity cost pool? A) $220,000 B) 590,000 C)...
cách). 1. Activity-based costing differs from a traditional costing system in all of the following aspects EXEPT: A) Direct materials, direct labor, and shipping costs are directly assigned to cost objects. B) Numerous overhead cost pools are used in ABC system. C) Most but not all manufacturing costs are assigned to products. D) Non-manufacturing as well as manufacturing costs may be assigned to products. 2. In activity-based costing, the activity rate for an activity cost pool is computed by dividing...
1. Paul Company has two products: A and B. The company uses activity-based costing. The estimated total cost and expected activity for each of the company's three activity cost pools are as follows: Activity Cost Pool Activity 1............ Activity 2 Activity 3. Estimated Cost $22,000 $16,240 $14,600 Expected Activity Product A Product B 400 100 380 200 500 250 Total 500 580 750 The activity rate under the activity-based costing system for Activity 3 is closest to: 2. James Company...
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's overhead costs have already been allocated to these cost pools as follows: Fabricating Setting Up Other $13,800 $39,900 $20,300 Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following...
Mcnamee Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and Other Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The activity rate for Fabricating is $0.31 per MH; the activity rate for Setting Up is $3.47 per batch. The following table shows...
Mcnamee Corporation's activity-based costing system has three activity cost pools-Fabricating, Setting Up, and Other. Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are a products based on the number of batches. Costs in the Other cost pool are not assigned to products. The activity rate for Fabricating is $0.25 per MH; the activity rate for Setting Up is $3.41 per batch. The following table shows the...
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