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5. Triathlon Cycles specializes in producing touring bicycles but has recently ventured into producing mountain bicycles...
Triathlon Cycles specializes in producing touring bicycles but has recently ventured Into producing mountain bicycles too....
Triathlon Cycles specializes in producing touring bicycles but has recently ventured Into producing mountain bicycles too. The company provides the following cost Information Touring Bicycle 2.2ee Activity Cost pool Direct materials per unit Total direct labor cost Total manufacturing overhead Number of units Mountain Bicycle 1.ee 300 75,000 200 units 7ae $ 180, eee 4ee units Knowledge Check 01 What is the manufacturing overhead allocated to each mountain bicycle? $450 $900 $375 $187.50 Knowledge Check 02 What is the total...
a.) The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and...
a.) The Regal Cycle Company manufactures three types of bicycles—a dirt bike, a mountain bike, and a racing bike. Data on sales and expenses for the past quarter follow: Total Dirt Bikes Mountain Bikes Racing Bikes Sales $ 926,000 $ 263,000 $ 409,000 $ 254,000 Variable manufacturing and selling expenses 480,000 114,000 207,000 159,000 Contribution margin 446,000 149,000 202,000 95,000 Fixed expenses: Advertising, traceable 69,400 8,300 40,600 20,500 Depreciation of special equipment 43,400 20,500 7,500 15,400 Salaries of product-line managers...
EA13 LO 6.4 Tri-bikes manufactures two different levels of bicycles the Standard and the Extreme. The...
EA13 LO 6.4 Tri-bikes manufactures two different levels of bicycles the Standard and the Extreme. The total overhead of $300,000 has traditionally been allocated by direct labor hours with 150 000 hours for the Standard and 50,000 hours for the Extreme. After analyzing and assigning costs to two cost pools, it was determined that machine hours is estimated to have $200,000 of overhead, with 4.000 hours used on the Standard product and 1,000 hours used on the Extreme product. It...
The Makers Co. has two producing departments: assembly and finishing. The company has been using a...
The Makers Co. has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year: Assembly Finishing Total Manufacturing Overhead $200,000 $100,000 $300,000 Direct labor hours 40,000 35,000 75,000 Machine hours 5,000 16,000 21,000 Makers started and completed Job 1512 during the year. The job-order cost sheet indicated the following: Materials Requisitioned $18,000 Direct labor cost 16,000 Direct labor hours: Assembly...
Smoky Mountain Corporation makes two types of hiking boots--the Xtreme and the Pathfinder. Data concerning these...
Smoky Mountain Corporation makes two types of hiking boots--the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $ 115.00 $ 63.90 $12.00 1.2 DLHS 28,000 units Pathfinder $ 85.00 $ 51.00 $10.00 1.0 DHS 75,000 units Print The company has a traditional costing system in which manufacturing overhead is applied to units based on...
Markers Co. has two producing departments: assembly and finishing. The company has been using a plantwide...
Markers Co. has two producing departments: assembly and finishing. The company has been using a plantwide predetermined overhead rate based on direct labor hours. The following estimates were made for the current year: Assembly Finishing Total Manufacturing Overhead $200,000 $100,000 $300,000 Direct labor hours 40,000 35,000 75,000 Machine hours 5,000 16,000 21,000 Marker started and completed Job 1512 during the year. The job-order cost sheet indicated the following: Materials Requisitioned $18,000 Direct labor cost 16,000 Direct labor hours: Assembly 1,700...
Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these...
Smoky Mountain Corporation makes two types of hiking boots—the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Xtreme Pathfinder Selling price per unit $ 126.00 $ 91.00 Direct materials per unit $ 63.20 $ 51.00 Direct labor per unit $ 11.70 $ 9.00 Direct labor-hours per unit 1.3 DLHs 1.0 DLHs Estimated annual production and sales 21,000 units 75,000 units The company has a traditional costing system in which manufacturing overhead is applied to units based...
Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product...
Rocky Mountain Corporation makes two types of hiking boots—Xactive and Pathbreaker. Data concerning these two product lines appear below: Xactive Pathbreaker Direct materials per unit $ 64.80 $ 51.00 Direct labor cost per unit $ 18.20 $ 13.00 Direct labor-hours per unit 1.4 DLHs 1.0 DLHs Estimated annual production and sales 25,000 units 75,000 units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead and direct...
help! San Antonio Foundry recently implemented an activity-based costing system. It has determined the following costs...
help!
San Antonio Foundry recently implemented an activity-based costing system. It has determined the following costs pools and cost drivers for the year: Activity cost pool Esimated acivity costs Estimated Allocation Base Machine setup $900,000 12,000 setup hours Machine operation $500,000 10,000 machine hours Inspections $120,000 4,000 inspections The following data is for the production of its U2 shafts during the month of January: Units produced 400 Direct materials cost $20,000 Direct labor cost $10,000 Setup hours 7 Machine hours...
Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product...
Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: Direct materials per unit Direct labor cost per unit Direct labor-hours per unit Estimated annual production and sales Xactive $ 64.80 $ 18.20 1.4 DLHS 25, eee units Pathbreaker $ 51.ee $ 13.00 1.2 DLHS 75, eee units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead...
Triathlon Cycles specializes in producing touring bicycles but has recently ventured Into producing mountain bicycles too. The company provides the following cost Information Touring Bicycle 2.2ee Activity Cost pool Direct materials per unit Total direct labor cost Total manufacturing overhead Number of units Mountain Bicycle 1.ee 300 75,000 200 units 7ae $ 180, eee 4ee units Knowledge Check 01 What is the manufacturing overhead allocated to each mountain bicycle? $450 $900 $375 $187.50 Knowledge Check 02 What is the total...
EA13 LO 6.4 Tri-bikes manufactures two different levels of bicycles the Standard and the Extreme. The total overhead of $300,000 has traditionally been allocated by direct labor hours with 150 000 hours for the Standard and 50,000 hours for the Extreme. After analyzing and assigning costs to two cost pools, it was determined that machine hours is estimated to have $200,000 of overhead, with 4.000 hours used on the Standard product and 1,000 hours used on the Extreme product. It...
Smoky Mountain Corporation makes two types of hiking boots--the Xtreme and the Pathfinder. Data concerning these two product lines appear below: Selling price per unit Direct materials per unit Direct labor per unit Direct labor-hours per unit Estimated annual production and sales Xtreme $ 115.00 $ 63.90 $12.00 1.2 DLHS 28,000 units Pathfinder $ 85.00 $ 51.00 $10.00 1.0 DHS 75,000 units Print The company has a traditional costing system in which manufacturing overhead is applied to units based on...
help!
San Antonio Foundry recently implemented an activity-based costing system. It has determined the following costs pools and cost drivers for the year: Activity cost pool Esimated acivity costs Estimated Allocation Base Machine setup $900,000 12,000 setup hours Machine operation $500,000 10,000 machine hours Inspections $120,000 4,000 inspections The following data is for the production of its U2 shafts during the month of January: Units produced 400 Direct materials cost $20,000 Direct labor cost $10,000 Setup hours 7 Machine hours...
Rocky Mountain Corporation makes two types of hiking boots-Xactive and Pathbreaker. Data concerning these two product lines appear below: Direct materials per unit Direct labor cost per unit Direct labor-hours per unit Estimated annual production and sales Xactive $ 64.80 $ 18.20 1.4 DLHS 25, eee units Pathbreaker $ 51.ee $ 13.00 1.2 DLHS 75, eee units The company has a conventional costing system in which manufacturing overhead is applied to units based on direct labor-hours. Data concerning manufacturing overhead...
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