Homework Answers
--Requirement
| Activity | Rate | Applied to Poly | Applied to Silk |
| Setup | 0.11 | $81,400 | $27,500 |
| Inspection | 0.11 | $18,700 | $9,900 |
| Total | $100,100 | $37,400 |
--Working
| Activity | Rate | Applied to Poly | Applied to Silk |
| Setup | 0.11 | =740000 setups x 0.11 | =250000*0.11 |
| Inspection | 0.11 | =170000 inspection x 0.11 | =90000*0.11 |
Add Answer to:
Custom's makes two types of hats: polyester (poly) and silk. There are two cost pools: setup,...
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder...
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder and a deluxe tape rewinder). Information is presented below Cost Drivers by Product Budget Deluxe Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly inspection Cost Driver Orders Setups Machine hours Parts Inspections Est. Overhead $ 110,000 297.000 1,000,000 1,200,000 300,000 500 150.000 1.200,000 550 100.000 800.000 450 Instructions Compute the overhead cost per unit for each product Production is 700,000 units of...
3. The controller for Mitchell Supply Company has established the following overhead cost pools and cost...
3. The controller for Mitchell Supply Company has established the following overhead cost pools and cost drivers: Overhead Cost Pool Machine setup Material handling Budgeted Overhead Cost $150,000 52,500 Cost Driver Number of setups Units of raw material Number of inspections Machine hours Quality control inspectiorn Other overhead costs Total 37,500 90,000 330000 Requirements of Order no.610 5 setup 10,000 per unit Budgeted Level For Cost Driver Overhead Cost Pool Machine setup Material handling Quality control Other overhead 100 setups...
Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget...
Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product. Production is...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Cost Drivers by Product Activity Cost Pool Cost Driver Est. Overhead Budget Deluxe Ordering and Receiving Orders $ 130,000 600 Machine Setup Setups 297,000 500 400 Machining Machine hours 1,000,000 150,000 100,000 Assembly Parts 1,600,000 1,200,000 800,000 Inspection Inspections 300,000 550 450 400 Instructions Compute the overhead cost per unit for each product Production is...
Question 2 Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum...
Question 2 Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Machining Assembly Inspection Compute the overhead cost per unit for each product. Production is 700,000 units...
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at...
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100000 for the year. Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 110000 500 orders Machine Setup Setups 288000 450 setups Machining Machine hours 1475000 125000 MH Assembly Parts 1180000 1000000 parts Inspection Inspections 290000 500 inspections If overhead is applied using activity-based costing, the overhead application rate for ordering and receiving is $220 per order. $6686 per...
Problem 2 The controller for the XZY Company has established the following overhead pools and cost...
Problem 2 The controller for the XZY Company has established the following overhead pools and cost drivers: Overhead Cost Pool Budgeted Overhead Cost Cost Driver Machine setups $100,000 Number of setups Material Handling $50,000 Units of Raw Material Quality control inspections $37,500 Number of Inspections Other overhead costs $100,000 Machine Hours Overhead Cost Pool Budgeted Level for Cost Driver Pool Overhead Rate Machine setups 100 setups $1,000 per setup Material Handling 50,000 units $1 per unit Quality control inspections 1,000...
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers....
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Activity Cost Pool Budgeted Overhead Cost Cost Driver Budgeted Level for Cost Driver Pool Rate Machine setups $ 250,000 Number of setups 125 $ 2,000 per setup Material handling 75,000 Weight of raw material 37,500 lb. $ 2 per pound Hazardous waste control 25,000 Weight of hazardous chemicals used 5,000 lb. $ 5 per pound Quality control 75,000 Number of inspections 1,000 $...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product....
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at...
Tidwell Industries has the following overhead costs and cost drivers. Direct labor hours are estimated at 100,000 for the year. Activity Cost Pool Cost Driver Est. Overhead Cost Driver Activity Ordering and Receiving Orders $ 120,000 500 orders Machine Setup Setups 297,000 450 setups Machining Machine hours 1,500,000 125,000 MH Assembly Parts 1,200,000 1,000,000 parts Inspection Inspections 300,000 500 inspections If overhead is applied using traditional costing based on direct labor hours, the overhead application rate is $15.00. $34.17. $9.60....
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder and a deluxe tape rewinder). Information is presented below Cost Drivers by Product Budget Deluxe Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly inspection Cost Driver Orders Setups Machine hours Parts Inspections Est. Overhead $ 110,000 297.000 1,000,000 1,200,000 300,000 500 150.000 1.200,000 550 100.000 800.000 450 Instructions Compute the overhead cost per unit for each product Production is 700,000 units of...
3. The controller for Mitchell Supply Company has established the following overhead cost pools and cost drivers: Overhead Cost Pool Machine setup Material handling Budgeted Overhead Cost $150,000 52,500 Cost Driver Number of setups Units of raw material Number of inspections Machine hours Quality control inspectiorn Other overhead costs Total 37,500 90,000 330000 Requirements of Order no.610 5 setup 10,000 per unit Budgeted Level For Cost Driver Overhead Cost Pool Machine setup Material handling Quality control Other overhead 100 setups...
Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product. Production is...
Section 4: Ortiz Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Cost Drivers by Product Activity Cost Pool Cost Driver Est. Overhead Budget Deluxe Ordering and Receiving Orders $ 130,000 600 Machine Setup Setups 297,000 500 400 Machining Machine hours 1,000,000 150,000 100,000 Assembly Parts 1,600,000 1,200,000 800,000 Inspection Inspections 300,000 550 450 400 Instructions Compute the overhead cost per unit for each product Production is...
Question 2 Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Machining Assembly Inspection Compute the overhead cost per unit for each product. Production is 700,000 units...
New Policies Current Attempt in Progress Randel Manufacturing has five activity cost pools and two products (a budget tape vacuum and a deluxe tape vacuum). Information is presented below: Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly Inspection Cost Driver Orders Setups Machine hours Parts Inspections Estimated Overhead $130,000 297,000 1,000,000 1,600,000 300,000 Cost Drivers by Product Budget Deluxe 600 400 500 400 150,000 100,000 1,200,000 800,000 550 450 Compute the overhead cost per unit for each product....
Most questions answered within 3 hours.
-
Please answer ASAP 2) Choose a point at random from the unit
square [0, 1] ×...
asked 12 minutes ago -
Draw the Lewis structures and determine which of these
molecules has a central atom that unavoidably...
asked 12 minutes ago -
Do we typically carry antibodies against the RH antigen in our
blood plasma?
asked 15 minutes ago -
What are the differences between an antibiotic, a semisynthetic,
and a synthetic as types of antimicrobials?
asked 11 minutes ago -
One mole of oxygen gas is at a pressure of 5.90 atm and a
temperature of...
asked 18 minutes ago -
The primary side of a transformer has 935 turns and is connected
to 118 Volts A/C....
asked 17 minutes ago -
This must be done in Java and it must contain a public static
void (string []args)...
asked 20 minutes ago -
An economy has a Cobb–Douglas production function:
Y=Kα(LE)1−αY=Kα(LE)1−α
The economy has a capital share of 0.30,...
asked 35 minutes ago -
60.0 mL of a silver chlorate solution with a concentration of
0.654 M is mixed with...
asked 40 minutes ago -
Asked if he has any regrets about the way he's handled the
coronavirus crisis so far,...
asked 52 minutes ago -
True or False?
Considering a door as a rigid body. Its angular motion happens
in a...
asked 55 minutes ago -
In
IUPAC naming, do we concider the prefix in alphabatizing?
In other words do we look...
asked 1 hour ago