Homework Answers
| Direct labor hours lenses | 4370 | =23*190 |
| Direct labor hours mirrors | 4370 | =23*190 |
| Total Direct labor hours | 8740 | |
| 1 | ||
| Total Material Handling costs for Lens | 30820 | =61640/8740*4370 |
| Divide by Units | 23 | |
| Material Handling costs per Lens | 1340 | |
| 2 | ||
| Total Material Handling costs for Mirrors | 30820 | =61640/8740*4370 |
| Divide by Units | 23 | |
| Material Handling costs per mirror | 1340 | |
| 3 | ||
| Total Material Handling costs for Lens | 39885 | =61640/(22+12)*22 |
| Divide by Units | 23 | |
| Material Handling costs per Lens | 1734 | |
| 2 | ||
| Total Material Handling costs for Mirrors | 21755 | =61640/(22+12)*12 |
| Divide by Units | 23 | |
| Material Handling costs per mirror | 946 |
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Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now...
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now...
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. Lenses Mirrors 26 26 Units produced Material moves per product line Direct-labor hours per unit 21 160 160 The total budgeted material handling cost is $94,640. Required: 1....
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes.
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information.LensesMirrors Units produced2222 Material moves per product line166 Direct-labor hours per unit250250 The total budgeted material-handling cost is $72,160. Required: 1. Under a costing system that allocates overhead on the basis of direct-labor hours, the...
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now...
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information, Units produced Material moves per product line Direet-labor hours per unit 17 210 The total budgeted material handling cost is $94,080. Required: 1. Under a costing system that...
Chapter 05 Homework Help Save & Exit Submit Check my work Tioga Company manufactures sophisticated lenses...
Chapter 05 Homework Help Save & Exit Submit Check my work Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information Units produced Material moves per product line Direct-labor hors per wit The total budgeted material handing cost...
Mission Company is preparing its annual profit plan. As part of its analysis of the profitability...
Mission Company is preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the information provided below. (CMA based) Wall Mirrors Specialty Windows Units Produced 150 25 Material moves per product line 5 34 Direct labor hours per product line 750 850 Budgeted material handling costs: $336,000 Under a traditional costing system that allocates overhead on the...
E18-5 Perdon Corporation manufactures safes-large mobile safes, and large walk-in sta- tionary bank safes. As part...
E18-5 Perdon Corporation manufactures safes-large mobile safes, and large walk-in sta- tionary bank safes. As part of its annual budgeting process, Perdon is analyzing the profit ability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The following information relates to overhead. Mobile Walk-In Safes Safes Units planned for production 200 50 Material moves per product line 300 200 Purchase orders per product line 450 350 Direct labor...
Mission Company is preparing its annual profit plan. As part of its analysis of the profitability...
Mission Company is preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the information provided below. (CMA based) Wall Mirrors Specialty Windows Units Produced 240 20 Material moves per product line 5 65 Direct labor hours per product line 1,200 1,300 Budgeted material handling costs: $315,000 Under an activity-based costing (ABC) system, the materials handling costs...
11. Zela Company is preparing its annual profit plan. As part of its analysis of the...
11. Zela Company is preparing its annual profit plan. As part of its analysis of the profitability of Individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the Information provided below. (CMA based) Units produced Material moves per product line Direct labor hours per product line Wall Mirrors 40 5 200 Specialty Windows 20 15 300 Budgeted material handling costs: $50,000 Under an activity-based costing (ABC) system, the materials handling...
Fact Pattern: Zeta Company is preparing its annual profit plan. As part of its analysis of...
Fact Pattern: Zeta Company is preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the information given in the next column: Wall Specialty Mirrors Windows Units produced 25 25 Material moves per product line 5 15 Direct labor hours per unit 200 200 Budgeted materials handling costs $50,000 Under activity-based costing (ABC), Zeta’s materials handling costs...
Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its...
Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead. Mobile Safes Walk-in Safes Units planned for production 190 Material moves per product line 290 300 Purchase orders per product line 450 360 Direct labor hours per product...
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information. Lenses Mirrors 26 26 Units produced Material moves per product line Direct-labor hours per unit 21 160 160 The total budgeted material handling cost is $94,640. Required: 1....
Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information, Units produced Material moves per product line Direet-labor hours per unit 17 210 The total budgeted material handling cost is $94,080. Required: 1. Under a costing system that...
Chapter 05 Homework Help Save & Exit Submit Check my work Tioga Company manufactures sophisticated lenses and mirrors used in large optical telescopes. The company is now preparing its annual profit plan. As part of its analysis of the profitability of individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the following information Units produced Material moves per product line Direct-labor hors per wit The total budgeted material handing cost...
E18-5 Perdon Corporation manufactures safes-large mobile safes, and large walk-in sta- tionary bank safes. As part of its annual budgeting process, Perdon is analyzing the profit ability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The following information relates to overhead. Mobile Walk-In Safes Safes Units planned for production 200 50 Material moves per product line 300 200 Purchase orders per product line 450 350 Direct labor...
11. Zela Company is preparing its annual profit plan. As part of its analysis of the profitability of Individual products, the controller estimates the amount of overhead that should be allocated to the individual product lines from the Information provided below. (CMA based) Units produced Material moves per product line Direct labor hours per product line Wall Mirrors 40 5 200 Specialty Windows 20 15 300 Budgeted material handling costs: $50,000 Under an activity-based costing (ABC) system, the materials handling...
Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeting process, Perdon is analyzing the profitability of its two products. Part of this analysis involves estimating the amount of overhead to be allocated to each product line. The information shown below relates to overhead. Mobile Safes Walk-in Safes Units planned for production 190 Material moves per product line 290 300 Purchase orders per product line 450 360 Direct labor hours per product...
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