Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers:
Overhead Costs Pool | Cost Driver | Overhead Cost Budgeted Level for Cost Driver |
Budgeted | |||||
Quality control | # of inspections | $ | 87,100 | 1,300 | ||||
Machine time | Machine hours | 255,120 | 1,063 | |||||
Materials handling | # of Batches | 1,650 | 55 | |||||
Miscellaneous overhead cost | Direct labor hours | 64,000 | 6,700 | |||||
Diamond Cleats Co. has an order for cleats that has the following production requirements:
Number of inspections | 390 | |
Number of machine hours | 230 | |
Number of batches | 8 | |
Direct labor hours | 920 | |
Using activity-based costing, applied quality control factory overhead for the baseball cleat order is:
Multiple Choice
$28,550.
$30,320.
$26,130.
$21,250.
$19,700.
Answer : $ 26,130
Quality Control Rate = Estimated cost Driver / Estimated Cost Driver
Quality Control Rate = 87,100 /1300 = $67
Applied Quality Control = Inspection * Rate = 390*67 = $ 26,130 (Answer)
Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers:...
Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Budgeted Quality control # of inspections $ 87,100 1,300 Machine time Machine hours 255,120 1,063 Materials handling # of Batches 1,650 55 Miscellaneous overhead cost Direct labor hours 64,000 6,700 Diamond Cleats Co. has an order for cleats that has the following production requirements: Number of inspections 390 Number of machine hours...
Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Budgeted Quality control # of inspections $ 51,100 700 Machine time Machine hours 153,765 603 Materials handling # of Batches 3,150 70 Miscellaneous overhead cost Direct labor hours 63,000 6,400 Diamond Cleats Co. has an order for cleats that has the following production requirements: Number of inspections 435 Number of machine hours...
Diamond Cleats Co. manufactures cleats for baseball shoes. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Budgeted Quality control # of inspections $ 79,200 800 Machine time Machine hours 264,320 826 Materials handling # of Batches 14,850 135 Miscellaneous overhead cost Direct labor hours 67,000 7,300 Diamond Cleats Co. has an order for cleats that has the following production requirements: Number of inspections 630 Number of machine hours...
Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 73,000 1,000 Machine operation Machine hours 149,000 1,000 Materials handling Number of batches 1,800 40 Miscellaneous overhead cost Direct labor hours 56,000 5,600 Sheen Co. has an order for 1,000 laser printers that has the following production requirements: Number of inspections 255 Machine hours 220 Number of batches 6...
Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Cost Driver Overhead Cost Budgeted Level for Cost Driver Quality control Number of inspections $ 66,000 1,100 Machine operation Machine hours 141,000 1,500 Materials handling Number of batches 1,500 30 Miscellaneous overhead cost Direct labor hours 51,000 5,100 Sheen Co. has an order for 1,000 laser printers that has the following production requirements: Number of inspections 195 Machine hours 190 Number of batches 5...
Soved Help Save Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Quality control Machine operation Materials handling Miscellaneous overhead cost Cost Driver Number of inspections Machine hours Number of batches Direct labor hours Overhead Cost $ 80,000 180,000 1,200 63,000 Budgeted Level for Cost Driver 1,600 1,500 30 6,300 Sheen Co. has an order for 1,000 laser printers that has the following production requirements: Number of inspections Machine hours Number of batches...
51.47 is the 5th option
Sheen Co. manufacturers laser printers. It has outlined the following overhead cost drivers: Overhead Costs Pool Quality control Machine operation Materials handling Miscellaneous overhead cost Cost Driver Number of inspections Machine hours Number of batches Direct labor hours Overhead Cost $ 90,000 156,000 1,200 64,000 Budgeted Level for Cost Driver 1,500 1,500 40 4,000 Sheen Co. has an order for 1,000 laser printers that has the following production requirements: 200 Number of inspections Machine hours...
Everlast Co. manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $648,000 payroll for 8,400 direct labor-hours. Listed below is cost driver information used in the product-costing system: Overhead Cost Pool Budgeted Overhead Cost Driver Estimated Cost Driver Level Machine setups $ 1,599,200 # of setups 300 setups Materials handling 115,200 # of barrels 9,600 barrels Quality control 1,218,000 # of inspections 2,900 inspections Other overhead cost 1,008,000 # of machine...
Everlast Co. manufactures a variety of drill bits. The company's plant is partially automated. The budget for the year includes $432,000 payroll for 4,800 direct labor-hours. Listed below is cost driver information used in the product-costing system: Overhead Cost Pool Budgeted Overhead Cost Driver Estimated Cost Driver Level Machine setups $ 120,000 # of setups 120 setups Materials handling 104,400 # of barrels 8,700 barrels Quality control 264,000 # of inspections 1,100 inspections Other overhead cost 144,000 # of machine...
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