Homework Answers
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1. Variable cost per unit = (319,000-195,000)/130,000 = 0.95 = 0.95 * 280,000 = 266,000 Option C |
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2. Fixed cost per unit = 92,000/120,000 = 0 77 Option B |
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3. Cost of materials handling = 2 * no of parts = 2 * 40 = 80 Option A |
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Total costs for Locke & Company at 130,000 units are $319,000, while total fixed costs are...
Beaver Company manufactures coffee tables and uses an activity - based costing system. Each coffee table...
Beaver Company manufactures coffee tables and uses an activity - based costing system. Each coffee table consists of 20 separate parts totaling $290 in direct materials, and requires 7 hours of machine time to produce. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handling Number of parts $2.00 per part Machining Machine hours $3.90 per machine hour Assembling Number of parts $4.00 per part Packaging Number of finished units $6.00 per finished unit What is the cost of...
Beaver Company manufactures coffee tables and uses an activity-based costing system. Each coffee table consists of...
Beaver Company manufactures coffee tables and uses an activity-based costing system. Each coffee table consists of 20 separate parts totaling $180 in direct materials, and requires 7 hours of machine time to produce. Additional information follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Cost Allocation Rate $3.00 per part $2.80 per machine hour $5.00 per part $7.00 per finished unit What is the cost of materials handling...
Beaver Company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion...
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Beaver Company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion...
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Total costs for Locke & Company at 140,000 units are $339,000, while total fixed costs are $165,000. The total variable costs at a level of 300,000 units would be O A. $726,429 O B. $372,857 O c. $353,571 OD. $158,200
The company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion...
The company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each coffee tables consists of 20 separate parts totaling $190 in direct materials, and requires 4.0 hours of machine time to produce. What is the cost of materials handling per coffee table? (round answer to nearest whole number.) Activity Allocation Base MOH Allocation Rate Materials Handling Number of Parts $1 per part Machining Machine Hours $3.5 per machine hour Assembling Number of Parts $2...
The company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion...
The company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each coffee tables consists of 20 separate parts totaling $190 in direct materials, and requires 4.0 hours of machine time to produce. What is the cost of packaging per coffee table? (round answer to nearest whole number.) Activity Allocation Base MOH Allocation Rate Materials Handling Number of Parts $1 per part Machining Machine Hours $3.5 per machine hour Assembling Number of Parts $2 per...
Harold Company manufactures partner desks and uses an activity-based costing system to allocate all manufacturing conversion...
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Cooper's Bags Company manufactures cloth grocery bags to be sold to grocery stores and other retailers....
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Beaver Company manufactures coffee tables and uses an activity - based costing system. Each coffee table consists of 20 separate parts totaling $290 in direct materials, and requires 7 hours of machine time to produce. Additional information follows: Activity Allocation Base Cost Allocation Rate Materials handling Number of parts $2.00 per part Machining Machine hours $3.90 per machine hour Assembling Number of parts $4.00 per part Packaging Number of finished units $6.00 per finished unit What is the cost of...
Beaver Company manufactures coffee tables and uses an activity-based costing system. Each coffee table consists of 20 separate parts totaling $180 in direct materials, and requires 7 hours of machine time to produce. Additional information follows: Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Cost Allocation Rate $3.00 per part $2.80 per machine hour $5.00 per part $7.00 per finished unit What is the cost of materials handling...
Beaver Company manufactures coffee tables and uses an activity-based costing system to allocate all manufacturing conversion costs. Each coffee table consists of 20 separate parts totaling $220 in direct materials, and requires 7.0 hours of machine time to produce. The company incurs no direct labor costs. Additional information follows Activity Materials handling Machining Assembling Packaging Allocation Base Number of parts Machine hours Number of parts Number of finished units Cost Allocation Rate $2.00 per part $3.10 per machine hour $1.00...
Total costs for Locke & Company at 140,000 units are $339,000, while total fixed costs are $165,000. The total variable costs at a level of 300,000 units would be O A. $726,429 O B. $372,857 O c. $353,571 OD. $158,200
Skipper Company manufactures toy boats and uses an activity-based costing system. The following information is provided for the month of May Estimated Estimated Indirect Quantity of Activity Activity Costs Allocation Base Allocation Base $3.300 Materials handling 3.000 parts Number of parts $4,800 Assembling 3,000 parts Number of parts 1.300 boats Number of boats $6,000 Packaging Each boat consists of four parts, and the direct materials cost per boats 57 55. There is no director. What is the total manufacturing cost...
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