Homework Answers
Even though there are FIVE activity cost pools identified in the company, they are pooled into THREE cost pools. Hence the number of cost pools used by Sheldon is ........ 3
Select - (c) .......... 3
Add Answer to:
Knowledge Check 01 Sheldon Company uses the activity-based costing system and has Identified the following activity...
I got this wrong Knowledge Check 01 Sherpa Company has Identified the following activities and costs....
I got this wrong
Knowledge Check 01 Sherpa Company has Identified the following activities and costs. Activity Machine setup Factory maintenance Administrative heating Factory heating Administrative salaries Engineer salaries Cost 150,000 $ 200, eee $ 50, eee $ 100,000 600, eee 750,000 The total overhead costs to be allocated to products using the ABC method is: $1,200,000 $1,250,000 • $1,850,000 $1,800,000
Sherpa Company has identified the following activities and costs. Activity Machine setup Factory maintenance Administrative heating...
Sherpa Company has identified the following activities and costs. Activity Machine setup Factory maintenance Administrative heating Factory heating Administrative salaries Engineer salaries Cost $ 150,000 $ 200,000 $ 50,000 $ 100,000 $ 600,000 $ 750,000 The total overhead costs to be allocated to products using the ABC method is: $1,200,000 $1,250,000 $1,850,000 $1,800,000
A manufacturing company uses an activity-based costing system with three activity cost pools. The company has...
A manufacturing company uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs: Costs: Wages and salaries Depreciation 5800,000 120,000 Occupancy 300,000 $1,220,000 Total The distribution of resource consumption across the three activity cost pools is given below: Activity Cost Pools Order Fabricating Processing Other Total Wages and salaries 60% 30% 10% 5% Depreciation 75% 20% 100% 100% 100% Occupancy 80% 10% 10% How much cost, in total, would be...
Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost...
Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Fabrication Order processing Other Total Activity machine- 45,000 hours 250 orders Not applicable bints 8 01:09:01 The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: Wages and salaries Depreciation Occupancy Total $ 490,000 205,000 225,000 $920,000 The distribution of resource consumption across activity cost pools is...
X Company uses an activity-based costing overhead allocation system. It has identified three activities - Setup,...
X Company uses an activity-based costing overhead allocation system. It has identified three activities - Setup, Purchasing Machine maintenance and their respective cost drivers - setup hours, purchase orders, machine hours. Budgeted activity costs in 2018 were as follows: Activity Setup Purchasing Machine maintenance Budgeted Cost $100,000 58,300 59,900 The following 2018 cost driver information is available for one of its products Product X, and for all of its products (including Product x): setup hours purchase orders machine hours Product...
Saved Eccles Corporation uses an activity based costing system with three activity cost pools. The company...
Saved Eccles Corporation uses an activity based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system Wages and salaries Depreciation Utilities $285,000 243,000 170,000 S698,000 Total Distribution of resource consumption Wages and salaries Depreciation Utilities Activity Cost Pools Assembly setting Up Other 558 100 150 1008 1000 1008 How much cost, in total, would be located in the first stage whocation to the Assembly activity cost...
X Company uses an activity-based costing overhead allocation system. It has identified three activities and three...
X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as follows: Activity Budgeted Cost Setup $112,000 Purchasing $58,000 Machine Maintenance $55,000 The following cost driver information is available for the company's only two products, A and B: Cost Driver Product A Product B setup hours 32,100 76,600 purchase orders 51,000 40,100 machine hours 69,900 50,600 How much overhead was allocated to Product A? (round overhead...
Goldberg Co. uses activity-based costing for all of its overhead costs. The company has provided the...
Goldberg Co. uses activity-based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity based costing system: Overhead costs: Wages & Salaries $806,000 Factory Supplies 488,000 Total $1,294,000 Distribution of resource consumption: Activity Cost Pools Clean-Up Inspection Other Total Wages and salaries 22% 60% 18% 100% Factory Supplies 48% 20% 32% 100% The amount of activity for the year is as follows: Activity Cost Pool Activity Clean-Up 1,000...
X Company uses an activity-based costing overhead allocation system. It has identified three activities and three...
X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as follows Activity Budgeted Cost Setup $106,000 Purchasing Machine Maintenance $55,000 $58,000 The following cost driver information is available for the company's only two products, A a nd B Cost Driver Product A Product B 31,600 74,400 setup hours purchase orders 53,200 37,400 machine hours 70,500 52,900 How much overhead was allocated to Product A? (round...
Chapter 6 Activity Based Costing Poldberg Co. uses activity based costing for all of its overhead...
Chapter 6 Activity Based Costing Poldberg Co. uses activity based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity based costing system Overhead costs: Wages & Salaries Factory Supplies $806,000 488.000 $1.294,000 Total Distribution of resource consumption Activity Cost Pools Wages and salaries Factory Supplies Clean Up 22% 48% Inspection 60% 20% Other 18% 32% Total 100% 100% The amount of activity for the year is as...
I got this wrong
Knowledge Check 01 Sherpa Company has Identified the following activities and costs. Activity Machine setup Factory maintenance Administrative heating Factory heating Administrative salaries Engineer salaries Cost 150,000 $ 200, eee $ 50, eee $ 100,000 600, eee 750,000 The total overhead costs to be allocated to products using the ABC method is: $1,200,000 $1,250,000 • $1,850,000 $1,800,000
Sherpa Company has identified the following activities and costs. Activity Machine setup Factory maintenance Administrative heating Factory heating Administrative salaries Engineer salaries Cost $ 150,000 $ 200,000 $ 50,000 $ 100,000 $ 600,000 $ 750,000 The total overhead costs to be allocated to products using the ABC method is: $1,200,000 $1,250,000 $1,850,000 $1,800,000
A manufacturing company uses an activity-based costing system with three activity cost pools. The company has provided the following data concerning its costs: Costs: Wages and salaries Depreciation 5800,000 120,000 Occupancy 300,000 $1,220,000 Total The distribution of resource consumption across the three activity cost pools is given below: Activity Cost Pools Order Fabricating Processing Other Total Wages and salaries 60% 30% 10% 5% Depreciation 75% 20% 100% 100% 100% Occupancy 80% 10% 10% How much cost, in total, would be...
Leaper Corporation uses an activity-based costing system with the following three activity cost pools: Activity Cost Pool Fabrication Order processing Other Total Activity machine- 45,000 hours 250 orders Not applicable bints 8 01:09:01 The Other activity cost pool is used to accumulate costs of idle capacity and organization-sustaining costs. The company has provided the following data concerning its costs: Wages and salaries Depreciation Occupancy Total $ 490,000 205,000 225,000 $920,000 The distribution of resource consumption across activity cost pools is...
X Company uses an activity-based costing overhead allocation system. It has identified three activities - Setup, Purchasing Machine maintenance and their respective cost drivers - setup hours, purchase orders, machine hours. Budgeted activity costs in 2018 were as follows: Activity Setup Purchasing Machine maintenance Budgeted Cost $100,000 58,300 59,900 The following 2018 cost driver information is available for one of its products Product X, and for all of its products (including Product x): setup hours purchase orders machine hours Product...
Saved Eccles Corporation uses an activity based costing system with three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system Wages and salaries Depreciation Utilities $285,000 243,000 170,000 S698,000 Total Distribution of resource consumption Wages and salaries Depreciation Utilities Activity Cost Pools Assembly setting Up Other 558 100 150 1008 1000 1008 How much cost, in total, would be located in the first stage whocation to the Assembly activity cost...
X Company uses an activity-based costing overhead allocation system. It has identified three activities and three cost drivers. The activities and budgeted costs are as follows Activity Budgeted Cost Setup $106,000 Purchasing Machine Maintenance $55,000 $58,000 The following cost driver information is available for the company's only two products, A a nd B Cost Driver Product A Product B 31,600 74,400 setup hours purchase orders 53,200 37,400 machine hours 70,500 52,900 How much overhead was allocated to Product A? (round...
Chapter 6 Activity Based Costing Poldberg Co. uses activity based costing for all of its overhead costs. The company has provided the following data concerning its annual overhead costs and its activity based costing system Overhead costs: Wages & Salaries Factory Supplies $806,000 488.000 $1.294,000 Total Distribution of resource consumption Activity Cost Pools Wages and salaries Factory Supplies Clean Up 22% 48% Inspection 60% 20% Other 18% 32% Total 100% 100% The amount of activity for the year is as...
Most questions answered within 3 hours.
-
The number of major faults on a randomly chosen 1 km stretch of
highway has a...
asked 4 minutes ago -
Consider the competitive environment of Starbuck's, Progressive
Insurance, a manufacturing firm with low turnover, or a...
asked 51 minutes ago -
3. Gains from trade
Consider two neighbouring island countries called Euphoria and
Contente. They each have...
asked 2 hours ago -
A business executive has the option to invest money in two
plans: Plan A guarantees that...
asked 5 hours ago -
Hello, can someone please help me answer this question?
How much heat is absorbed by a...
asked 5 hours ago -
. A marketing researcher conducted a survey of 25 shoppers
randomly selected at the local mall...
asked 5 hours ago -
Create an comprehensive response to the
following:
Antimicrobial agents work on a multitude of microbes (bacteria,...
asked 5 hours ago -
6.13 LAB: Step counter. Section 6.3.
A pedometer treats walking 2,000 steps as walking 1 mile....
asked 5 hours ago -
(14.2) A block of mass m = 10 kg riding on a frictionless
horizontal plane is...
asked 5 hours ago -
Use any search engine to search for articles about Starbucks
partnership with Tata Companies in India...
asked 5 hours ago -
Let’s say that for some reason Bank Excess Reserves suddenly
increase sharply. What effect would this...
asked 5 hours ago -
Given:
Curent Assets: $600,000
Total Assets: $2,600,000
Current Liabilities: $500,000
Total Liabilities: $1,700,000
What is the...
asked 5 hours ago