Question

Fomer, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an activity-based costing system

1 0
Add a comment Improve this question Transcribed image text
Answer #1
Machine setups estimated overhead cost 40440
Divide by Total machine setups 1200
Activity rate for machine setups activity 33.70 per setup
Option D $33.70 per setup is correct
Add a comment
Know the answer?
Add Answer to:
Fomer, Inc., manufactures and sells two products: Product Z1 and Product Z8. The company has an...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • 6 Fomer, Inc., manufactures and sells two products Product Z1 and Product Z8. The company has...

    6 Fomer, Inc., manufactures and sells two products Product Z1 and Product Z8. The company has an activity based costing system with the following activity Cout pools, activity measures, and expected activity: Expected Activity Activity Coat Pools Labor-related Machine setups Order size Activity Measures DLHS setups MH Estimated Overhead Coat $112, 190 40.440 609,770 $762,400 Product z1 600 500 3,000 Product 28 2,000 700 3,200 Total 2,600 1,200 6,200 The activity rate for the Machine Setups activity cost pool under...

  • Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an...

    Strama, Inc., manufactures and sells two products: Product A6 and Product I5. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost Pools Activity Measures Overhead Cost Product A6 Product I5 Total Labor-related DLHs $ 189,138 8,000 2,600 10,600 Production orders orders 43,624 800 1,000 1,800 Order size MHs 181,147 5,400 5,500 10,900 $ 413,909 The activity rate for the Order Size activity cost pool under activity-based...

  • Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected...

    Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Direct Labor- Expected Hours Per Production Unit 800 4.0 500 2.0 Total Direct Labor- Hours 3,200 1,000 4,200 Product E1 Product A7 Total direct labor-hours The direct labor rate is $20.80 per DLH. The direct materials cost per unit for each product is given below: Direct...

  • Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected...

    Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product E1 1,000 10.0 10,000 Product A7 200 5.0 1,000 Total direct labor-hours 11,000 The direct labor rate is $25.00 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost...

  • Salvatori, Inc., manufactures and sells two products: Product A4 and Product Q5. Data concerning the expected...

    Salvatori, Inc., manufactures and sells two products: Product A4 and Product Q5. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product A4 650 7.5 4,875 Product Q5 950 4.5 4,275 Total direct labor-hours 9,150 The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Cost...

  • Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected...

    Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product Q9 810 8.1 6,561 Product F0 810 6.1 4,941 Total direct labor-hours 11,502 The direct labor rate is $21.90 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost...

  • Please help Accounting question Snavely, Inc., manufactures and sells two products: Product E1 and Product A7....

    Please help Accounting question Snavely, Inc., manufactures and sells two products: Product E1 and Product A7. Data concerning the expected production of each product and the expected total direct labor-hours (DLHS) required to produce that output appear below: Direct Labor-Hours Per Unit Total Direct Labor- Hours 4,800 800 5,600 Expected Production 600 200 Product E1 Product A7 Total direct labor-hours 8.0 4.0 The direct labor rate is $2710 per DLH. The direct materials cost per unit for each product is...

  • Vanvalkenburg, Inc., manufactures and sells two products: Product Q5 and Product JO. The company has an...

    Vanvalkenburg, Inc., manufactures and sells two products: Product Q5 and Product JO. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Estimated Expected Activity Activity Overhead Activity Cost Pools Measures Cost Product 25 Product JO Total Labor-related DLHS $191,748 3,000 2,800 5,800 Production orders orders 70,536 300 500 800 Order size MHS 295, 592 4,300 4,500 8,800 $557,876 The activity rate for the Production Orders activity cost pool under activity-based costing...

  • Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected...

    Mahaley, Inc., manufactures and sells two products: Product Q9 and Product F0. Data concerning the expected production of each product and the expected total direct labor-hours (DLHs) required to produce that output appear below: Expected Production Direct Labor-Hours Per Unit Total Direct Labor-Hours Product Q9 900 9.0 8,100 Product F0 900 7.0 6,300 Total direct labor-hours 14,400 The direct labor rate is $22.80 per DLH. The direct materials cost per unit for each product is given below: Direct Materials Cost...

  • Strama, Inc., manufactures and sells two products Product A6 and Product 15. The company has an...

    Strama, Inc., manufactures and sells two products Product A6 and Product 15. The company has an activity-based costing system with the following activity cost pools, activity measures, and expected activity: Expected Activity Activity Cost Pools Labor-related Production orders Order size Activity Measures DLHS orders MHS Estimated Overhead Cost $190,138 44,124 182,147 $416,409 Product A6 8,100 850 5,500 Product 15 2,700 1,050 5,600 Total 10,800 1,900 11,100 The activity rate for the Order Size activity cost pool under activity based costing...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT