Homework Answers
| Activity cost pool | Expected Costs (A) | Expected amount of cost driver(B) | Activity Overhead Rate (A/B) | |
| Purchasing | 93,600 | 3,900 | 24.00 | Per purchase order |
| Cleaning Factory | 29,000 | 4,400 | 6.59 | Per Square feet |
| Providing Utilities | 53,720 | 4,400 | 12.21 | Per Square feet |
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QS 17-8 Computing activity rates LO P3 A manufacturer uses activity-based costing to assign overhead costs...
Saved A manufacturer uses activity-based costing to assign overhead costs to products. Budgeted cost information for...
Saved 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 $120,400 31,000 61,160 Cost Driver Purchase orders Square feet Square feet Expected Usage of Cost Driver 4,300 purchase orders 4,800 square feet 4,800 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost pool Expected Costs Activity Overhead Rate Expected...
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...
Check my work Exercise 04-4 Computing overhead rates under ABC LO P3 Xie Company identified the...
Check my work Exercise 04-4 Computing overhead rates under ABC LO P3 Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. 0.85 points % 02:01:31 Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models eBook Print References...
GESCH Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was...
GESCH Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was profitable for many years, but Medicare has cut its reimbursements by as much as 40%. As a result, the clinic wants to better understand its costs. It decides to prepare an activity-based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery. The clinic's three activity cost pools and their cost drivers follow. Activity Cost Pool Cout Cost...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $93, eee $92,000 $87,000 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4, 5ee...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,575 standard units and 62,440 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $94,550 $94,000 $88,160 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4,500 5,500 3,000...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $93,000 $92,000 $87,000 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5, 250 4,500 5,500...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 37,575 standard units and 63,440 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $102,300 $104,000 $ 93,960 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4,500 5,500...
Exercise 17-3 Assigning costs using ABC LO P3 Xie Company identified the following activities, costs, and...
Exercise 17-3 Assigning costs using ABC LO P3 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: Deluxe and Basic. Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Assume that the following information is available for the company's two products...
Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was profitable...
Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was profitable for many years, but Medicare has cut its reimbursements by as much as 40%. As a result, the clinic wants to better understand its costs. It decides to prepare an activity-based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery. The clinic's three activity cost pools and their cost drivers follow Activity Cost Pool Professional salaries Patient...
Saved 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 $120,400 31,000 61,160 Cost Driver Purchase orders Square feet Square feet Expected Usage of Cost Driver 4,300 purchase orders 4,800 square feet 4,800 square feet Compute activity rates for each of the cost pools. (Round your answers to 2 decimal places.) Activity cost pool Expected Costs Activity Overhead Rate Expected...
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...
Check my work Exercise 04-4 Computing overhead rates under ABC LO P3 Xie Company identified the following activities, costs, and activity drivers for this year. The company manufactures two types of go-karts: Deluxe and Basic. 0.85 points % 02:01:31 Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models eBook Print References...
GESCH Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was profitable for many years, but Medicare has cut its reimbursements by as much as 40%. As a result, the clinic wants to better understand its costs. It decides to prepare an activity-based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery. The clinic's three activity cost pools and their cost drivers follow. Activity Cost Pool Cout Cost...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $93, eee $92,000 $87,000 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4, 5ee...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,575 standard units and 62,440 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $94,550 $94,000 $88,160 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4,500 5,500 3,000...
Exercise 17-12 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 36,375 standard units and 62,240 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $93,000 $92,000 $87,000 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5, 250 4,500 5,500...
Exercise 17-15 Activity-based costing rates and allocations LO P3 A company has two products: standard and deluxe. The company expects to produce 37,575 standard units and 63,440 deluxe units. It uses activity-based costing and has prepared the following analysis showing budgeted cost and cost driver activity for each of its three activity cost pools. Activity Cost Pool Activity 1 Activity 2 Activity 3 Budgeted Cost $102,300 $104,000 $ 93,960 Budgeted Activity of Cost Driver Standard Deluxe 2,500 5,250 4,500 5,500...
Exercise 17-3 Assigning costs using ABC LO P3 Xie Company identified the following activities, costs, and activity drivers for 2017. The company manufactures two types of go-karts: Deluxe and Basic. Activity Handling materials Inspecting product Processing purchase orders Paying suppliers Insuring the factory Designing packaging Expected Costs $625,000 900,000 105,000 175,000 300,000 75,000 Expected Activity 100,000 parts 1,500 batches 700 orders 500 invoices 40,000 square feet 2 models Assume that the following information is available for the company's two products...
Exercise 17-18 Activity-based costing LO P3 Surgery Center is an outpatient surgical clinic that was profitable for many years, but Medicare has cut its reimbursements by as much as 40%. As a result, the clinic wants to better understand its costs. It decides to prepare an activity-based cost analysis, including an estimate of the average cost of both general surgery and orthopedic surgery. The clinic's three activity cost pools and their cost drivers follow Activity Cost Pool Professional salaries Patient...
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