The most likely relevant facility-level cost driver for heating costs in the factory are:
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The most likely relevant facility-level cost driver for heating costs in the factory are: It's a...
2. The most likely relevant facility-level cost driver for heating costs in the factory is Data for Questions 3,4 and 5 Gant Accounting performs two types of services. Audit and Tax, Gant's overhead costs consist of computer support, $300,000. und legal support, $150.000. Information on the two services is: Direct labor costs CPU minutes Legal hours used AUDIT $600,000 40,000 200 TAX $900,000 10,000 800 If Gant allocates overhead using the traditional approach based upon direct labor cost, the overhead...
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
(Ch4) A relevant facility-level cost driver for heating costs is Select one: O a. direct labor costs. O b. machine hours. O c. floor space. O d. direct material. (CH4) CR Co. has identified an activity cost pool to which it has allocated estimated overhead of $2,000,000. It has determined the estimated use of cost drivers for that activity to be 200,000 inspections. Product Widgets require 50,000 inspections, Product Gadgets 30,000 inspections, and Product Targets 20,000 inspections. The overhead assigned...
Rocoe Company produces a variety of garden tools in a highly automated manufacturing facility. The costs and cost drivers associated with four activity cost pools are given below: Activities: Unit Level Batch Level Product Level Facility Level Total Cost $32,480 $19,840 $5,680 $49,300 Total Cost Driver Volume 5,800 labor hours 400 set ups % of use 29,000 units Production of 26,000 units of a hand-held tiller required 320 labor hours, 41 setups, and consumed 40% of the product sustaining...
What is the most likely cost driver base for allocating the actual cost of advertising and promotion?
An “Ordering and Receiving Materials” cost pool would most likely have as a cost driver: a. number of setups. b. machine hours. c. number of inspection tests. d. number of purchase orders.
In the relevant range, fixed overhead costs do not vary with cost driver activity. True False
which of the following would likely be the most appropriate cost of driver of electric power used by machines? a) Number of production runs b) Machine size c) Purchase cost of machines d) Number of machine hours
COOL DOWN Match the activity with its corresponding cost driver (or activity driver) a. Factory machine 1. Number of setups b. Heating 2. Number of acceptances c. Processing applications 3. Number of employees d. Machine setups 4. Number of inspections e. Providing security 5. Machine hours used f. Quality control 6. Number of applications g. Enrolling students 7. Hours worked h. Factory supervision 8. degree/ days/ space
Which of the following costs is most likely to remain fixed within a relevant range? a. Indirect labor b. Property taxes c. Operating supplies d. Direct labor