Homework Answers
Solution
| Overhead rate | $ 7.92 | Per Machine hour |
| Machine depreciation | $ 4.50 | Per machine hour |
| Setup labor | $ 210.00 | Per production run |
| Material handling | 66% | % direct material costs |
Working
| Calculation of Activity rates | |||||
| Activity Cost Pool | Activity driver | Overhead Cost (A) | Expected Activity (B) | Activity rate (A/B) | |
| Overhead rate | Number of machine hour | $ 95,040.00 | 12000 | $ 7.92 | Per machine hour |
| Machine depreciation | Number of machine hour | $ 54,000.00 | 12000 | $ 4.50 | Per machine hour |
| Setup labor | Number of Production run | $ 25,200.00 | 120 | $ 210.00 | Per Production run |
| Material handling | Number of Material cost | $ 15,840.00 | 24000 | 66% | % of Material cost |
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Part 1 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its...
Required Information UprIver Parts manufactures two products, V-1 and V-2, at Itss RIver Plant. Selected data...
Required Information UprIver Parts manufactures two products, V-1 and V-2, at Itss RIver Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month 1,eee 10,eee $ 2. 4 2 80 40 Production at the plant is automated and any labor cost Is Included in overhead. Data on manufacturing overhead at the plant follow Machine depreciation Setup labor Material handling 93,eee 40,8ee...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 10,000 $ 2 V-2 1,000 4 5 Units produced Direct materials cast per unit Machine hours per unit Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation Setup labor Material handling Total $36.000 18,000 14,400...
Part 2 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its...
Part 2 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. 33 v-1 10,000 $ 2 pints Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 1 80 eBook Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant...
***5.70 is correct. However, machine depreciation, setup labor, material handling aren't. Required information Upriver Parts manufactures...
***5.70 is correct. However, machine depreciation, setup labor,
material handling aren't.
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-1 10,000 $ 2 1 80 V-2 1,000 $ 4 2 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing...
Required information Exercise 9-38 and 9-39 (Algo) Upriver Parts manufactures two products, V-1 and V-2, at...
Required information Exercise 9-38 and 9-39 (Algo) Upriver Parts manufactures two products, V-1 and V-2, at its River Plant Selected data for an average month for the two products follow V-1 10,000 $ 2 V-2 1.ee $ Units produced Direct materials cost per unit Machine hours per unit Production runs per month Production at the plant is automated and any labor cost is included in overhead Data on manufacturing overhead at the plant follow $54,000 25,200 Machine depreciation Setup labor...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced 10,000 1,000 Direct materials cost per unit $ 2 $ 4 Machine hours per unit 1 2 Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation $ 57,000 Setup labor...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 10,000 $ 2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 80 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation Setup labor Material handling Total...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced 10,000 1,000 Direct materials cost per unit $ 2 $ 4 Machine hours per unit 1 2 Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation $ 93,000 Setup labor 40,800 Material...
* I have posted this question before and the first screenshot was what he/she posted. I...
* I have posted this question before and the first screenshot
was what he/she posted. I tried that but it was wrong.
Expert Answer avdhesh answered this 9,930 answers Was this answer helpful? Was this answer helpful? Bo Be a) Unit product cost V2 Direct material Overhead (5.7*2) 11.40 Unit product cost 15.40 View comments (1) ► Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two...
Required information [The following information applies to the questions displayed below.] Knickknack, Inc. manufactures two products:...
Required information [The following information applies to the questions displayed below.] Knickknack, Inc. manufactures two products: Odds and Ends. The firm uses a single, plantwide overhead rate based on direct-labor hours. Production and product-costing data are as follows: Odds $ Production quantity Direct material Direct labor (not including setup time) Manufacturing overhead 40 20 (2 hr. at $15) 96 (2 hr. at $48) 166 Ends 5,000 units $ 60 15 (3 hr. at $15) 144 (3 hr. at $48) $...
Required Information UprIver Parts manufactures two products, V-1 and V-2, at Itss RIver Plant. Selected data for an average month for the two products follow. V-1 V-2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month 1,eee 10,eee $ 2. 4 2 80 40 Production at the plant is automated and any labor cost Is Included in overhead. Data on manufacturing overhead at the plant follow Machine depreciation Setup labor Material handling 93,eee 40,8ee...
Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 10,000 $ 2 V-2 1,000 4 5 Units produced Direct materials cast per unit Machine hours per unit Production runs per month 80 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation Setup labor Material handling Total $36.000 18,000 14,400...
Part 2 of 2 Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. 33 v-1 10,000 $ 2 pints Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 1 80 eBook Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant...
***5.70 is correct. However, machine depreciation, setup labor,
material handling aren't.
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-1 10,000 $ 2 1 80 V-2 1,000 $ 4 2 40 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing...
Required information Exercise 9-38 and 9-39 (Algo) Upriver Parts manufactures two products, V-1 and V-2, at its River Plant Selected data for an average month for the two products follow V-1 10,000 $ 2 V-2 1.ee $ Units produced Direct materials cost per unit Machine hours per unit Production runs per month Production at the plant is automated and any labor cost is included in overhead Data on manufacturing overhead at the plant follow $54,000 25,200 Machine depreciation Setup labor...
Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two products follow. V-1 10,000 $ 2 Units produced Direct materials cost per unit Machine hours per unit Production runs per month V-2 1,000 $ 4 2 40 80 Production at the plant is automated and any labor cost is included in overhead. Data on manufacturing overhead at the plant follow. Machine depreciation Setup labor Material handling Total...
* I have posted this question before and the first screenshot
was what he/she posted. I tried that but it was wrong.
Expert Answer avdhesh answered this 9,930 answers Was this answer helpful? Was this answer helpful? Bo Be a) Unit product cost V2 Direct material Overhead (5.7*2) 11.40 Unit product cost 15.40 View comments (1) ► Required information Upriver Parts manufactures two products, V-1 and V-2, at its River Plant. Selected data for an average month for the two...
Required information [The following information applies to the questions displayed below.] Knickknack, Inc. manufactures two products: Odds and Ends. The firm uses a single, plantwide overhead rate based on direct-labor hours. Production and product-costing data are as follows: Odds $ Production quantity Direct material Direct labor (not including setup time) Manufacturing overhead 40 20 (2 hr. at $15) 96 (2 hr. at $48) 166 Ends 5,000 units $ 60 15 (3 hr. at $15) 144 (3 hr. at $48) $...
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