Homework Answers
| Activity cost pool |
Expected Costs |
Expected amount of Cost driver |
Activity overhead rate |
|---|---|---|---|
| Purchasing | 120,400 | 4300 | 28 |
| Factory | 31,000 | 4800 | 6.46 |
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Saved A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for...
Check my work A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost...
Check my work A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activities for next year follows. Activity Purchasing Cleaning factory Providing utilities Expected CostCost Driver $113,400 P urchase orders 30,500 Square feet 59,270 Square feet Expected Usage of Cost Driver 4,200 purchase orders 4,700 square feet 4,700 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost pool Expected Costs Expected Amount...
QS 17-8 Computing activity rates LO P3 A manufacturer uses activity-based costing to assign overhead costs...
QS 17-8 Computing activity rates LO P3 A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activities for next year follows. Activity Purchasing cleaning factory Providing utilities Expected Cost $93,600 29,000 53, 720 Cost Driver Purchase orders Square feet Square feet Expected Usage of Cost Driver 3,900 purchase orders 4,400 square feet 4,400 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost...
Schwering Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been...
Schwering Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Machining, $45,900; Order Filling, $90,000; and Other, $55,200. Machining costs are assigned to products using machine-hours (MHs) and Order Filling costs are assigned to products using the number of orders. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Machining) Orders (Order Filling) Product D7...
Lysiak Corporation uses an activity based costing system to assign overhead costs to products. In the...
Lysiak Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs equipment depreciation and supervisory expense are allocated to three activity cast pools Machining Order Filling, and Other based on resource consumption Data to perform these allocations appear below: Overhead costs: Equipment depreciation Supervisory expense $47,000 $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.10 0.60 0.20 Equipment depreciation Supervisory expense...
Betterton Corporation uses an activity based costing system to assign overhead costs to products. In the...
Betterton Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs—equipment depreciation and supervisory expense-are allocated to three activity cost pools—Machining, Order Filling, and Other—based on resource consumption. Data to perform these allocations appear below: Overhead costs: Equipment depreciation $ 60,250 Supervisory expense $ 5,400 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling Other Equipment depreciation 0.50 0.30 0.20 Supervisory expense 0.10 0.40 0.50...
Sultan Company uses an activity-based costing system At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools Expected Overhead Cos...
Sultan Company uses an activity-based costing system At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools Expected Overhead Cost 142,500 $ 15,535 $ 65,450 105,600 ş 144,000 Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Expected Activity 28,500 DLHs Direct labor-hours Number of orders Number of part types Number of boards Machine-hours 239 orders 85 part types 1,760 boards 18,000 MHs...
Lysiak Corporation Lysiak Corporation uses an activity based costing system to assign overhead costs to products....
Lysiak Corporation
Lysiak Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs- equipment depreciation and supervisory expense-are allocated to three activity cost pools-Machining. Order Filling, and Other-based on resource consumption. Data to perform these allocations appear below: Overhead costs: Equipment depreciation $47,000 Supervisory expense $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.10 0.60 0.20 Equipment depreciation Supervisory expense Other...
Ripa Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have been allocated...
Ripa Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have been allocated to the company's three activity pools as follows: Machining. $111,755; Order Filling, $175,800; and Fabrication, $135,405. Machining costs are assigned to products based on machine hours, Order Filling are assigned based on the number of orders, and Fabrication costs are assigned based on the number of machine setups required. Activity data are as follows: Machine Orders Setups Hours Product 750 255 1,560 X Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been all...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,700, Supervising, $34,500; and Other, $22.400. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) 14,800 1,130...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead Costs to Products. Help Save & Exit Wedd...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead
Costs to Products.
Help Save & Exit Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $27,200; Supervising $9,300; and Other, $9,500. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned...
Check my work A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activities for next year follows. Activity Purchasing Cleaning factory Providing utilities Expected CostCost Driver $113,400 P urchase orders 30,500 Square feet 59,270 Square feet Expected Usage of Cost Driver 4,200 purchase orders 4,700 square feet 4,700 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost pool Expected Costs Expected Amount...
QS 17-8 Computing activity rates LO P3 A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for selected activities for next year follows. Activity Purchasing cleaning factory Providing utilities Expected Cost $93,600 29,000 53, 720 Cost Driver Purchase orders Square feet Square feet Expected Usage of Cost Driver 3,900 purchase orders 4,400 square feet 4,400 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost...
Lysiak Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs equipment depreciation and supervisory expense are allocated to three activity cast pools Machining Order Filling, and Other based on resource consumption Data to perform these allocations appear below: Overhead costs: Equipment depreciation Supervisory expense $47,000 $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.10 0.60 0.20 Equipment depreciation Supervisory expense...
Sultan Company uses an activity-based costing system At the beginning of the year, the company made the following estimates of cost and activity for its five activity cost pools Expected Overhead Cost 142,500 $ 15,535 $ 65,450 105,600 ş 144,000 Activity Cost Pool Labor-related Purchase orders Parts management Board etching General factory Activity Measure Expected Activity 28,500 DLHs Direct labor-hours Number of orders Number of part types Number of boards Machine-hours 239 orders 85 part types 1,760 boards 18,000 MHs...
Lysiak Corporation
Lysiak Corporation uses an activity based costing system to assign overhead costs to products. In the first stage, two overhead costs- equipment depreciation and supervisory expense-are allocated to three activity cost pools-Machining. Order Filling, and Other-based on resource consumption. Data to perform these allocations appear below: Overhead costs: Equipment depreciation $47,000 Supervisory expense $ 6,000 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling 0.60 0.10 0.60 0.20 Equipment depreciation Supervisory expense Other...
Ripa Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have been allocated to the company's three activity pools as follows: Machining. $111,755; Order Filling, $175,800; and Fabrication, $135,405. Machining costs are assigned to products based on machine hours, Order Filling are assigned based on the number of orders, and Fabrication costs are assigned based on the number of machine setups required. Activity data are as follows: Machine Orders Setups Hours Product 750 255 1,560 X Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,700, Supervising, $34,500; and Other, $22.400. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) 14,800 1,130...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead
Costs to Products.
Help Save & Exit Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $27,200; Supervising $9,300; and Other, $9,500. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned...
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