Homework Answers
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| Overhead rate | |||||||
| Material handling | $ 36 | per requisition | |||||
| Machine setup | $ 51 | per setup | |||||
| Quality Inspections | $ 47 | per inspection | |||||
| Instruments | Gauges | ||||||
| Total cost assigned | $ 35,360 | $ 49,700 | |||||
| Overhead cost per unit | $ 707.20 | $ 248.50 | |||||
| Workings: | |||||||
| Total manufacturing overhead | / | Estimated total use of cost driver | = | Overhead rate | |||
| Material handling | $ 36,000 | / | 1000 | = | $ 36 | per requisition | |
| Machine setup | $ 26,265 | / | 515 | = | $ 51 | per setup | |
| Quality Inspections | $ 22,795 | / | 485 | = | $ 47 | per inspection | |
| Instruments | Overhead rate | Cost driver | |||||
| Material handling | $ 36 | X | 385 | = | $ 13,860 | ||
| Machine setup | $ 51 | X | 205 | = | $ 10,455 | ||
| Quality Inspections | $ 47 | X | 235 | = | $ 11,045 | ||
| (i) | Total cost assigned | = | $ 35,360 | ||||
| (ii) | Number of units produced | = | 50 | ||||
| (i) / (ii) | Overhead cost per unit | = | $ 707.20 | ||||
| Gauges | Overhead rate | Cost driver | |||||
| Material handling | $ 36 | X | 615 | = | $ 22,140 | ||
| Machine setup | $ 51 | X | 310 | = | $ 15,810 | ||
| Quality Inspections | $ 47 | X | 250 | = | $ 11,750 | ||
| (i) | Total cost assigned | = | $ 49,700 | ||||
| (ii) | Number of units produced | = | 200 | ||||
| (i) / (ii) | Overhead cost per unit | = | $ 248.50 | ||||
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Exercise 17-09 a-b (Video) Bramble, Inc. manufactures two products: missile range instruments and space pressure gauges....
Bramble, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range...
Bramble, Inc. manufactures two products: missile range
instruments and space pressure gauges. During April, 50 range
instruments and 200 pressure gauges were produced, and overhead
costs of $85,060 were estimated. An analysis of estimated overhead
costs reveals the following activities.
Activities
Cost Drivers
Total Cost
1.
Materials handling
Number of requisitions
$36,000
2.
Machine setups
Number of setups
26,265
3.
Quality inspections
Number of inspections
22,795
$85,060
The cost driver volume for each product was as follows.
Cost Drivers
Instruments...
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Exercise 17-9 Air United, the manufactures to products missile range instruments and space pressure gauges. During April, 51 range instruments and 300 pressure gauges were produced, an overhead costs of 5 of stated overhead costs reveals the following activities 0 were e Anna 1. 2. 3. Materials handing Machine setups Quality inspection Cost Drivers Nu ber of requisitions Number of Number of inspections Total Cost $37.800 20.320 21.450 $87,070 The cost driver volume for each product was as follows Cost...
Specifically part B Exercise 4-9 a-b (Video Air United, Inc. manufactures two products: missile range instruments...
Specifically part B
Exercise 4-9 a-b (Video Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $72,750 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling 2. Machine setups 3. Quality inspections Number of requisitions Number of setups Number of inspections $30,000 23,750 19,000 $72,750 The cost driver volume for...
Bramble, Inc. manufactures two products: missile range
instruments and space pressure gauges. During April, 50 range
instruments and 200 pressure gauges were produced, and overhead
costs of $85,060 were estimated. An analysis of estimated overhead
costs reveals the following activities.
Activities
Cost Drivers
Total Cost
1.
Materials handling
Number of requisitions
$36,000
2.
Machine setups
Number of setups
26,265
3.
Quality inspections
Number of inspections
22,795
$85,060
The cost driver volume for each product was as follows.
Cost Drivers
Instruments...
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 47 range instruments and 303 pressure gauges were produced, and overhead costs of $85,060 were estimated. An analysis of estimated overhead costs reveals the following activities. 1. 2. 3. Activities Cost Drivers Materials handling Number of requisitions Machine setups Number of setups Quality inspections Number of inspections Total Cost $36,000 26,265 22,795 $85,060 The cost driver volume for each product was as follows. Cost Drivers...
Exercise 4-9 a-b (Video) Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $87,970 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling 2. Machine setups 3. Quality inspections Number of requisitions Number of setups Number of inspections $37,800 28,320 21,850 $87,970 The cost driver volume for each product was...
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $88,215 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Materials handling Number of requisitions $35,175 Machine setups Number of setups 29.120 3. Quality inspections Number of inspections 23,920 $88,215 Total Cost 1 2 The cost driver volume for each product was as follows. Total Cost...
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 302 pressure gauges were produced, and overhead costs of $90,440 were estimated. An analysis of estimated overhead costs reveals the following activities. Cost Drivers Total Cost Activities Materials handling 1. Number of requisitions $36,540 2. Machine setups Number of setups 29,400 3. Quality inspections Number of inspections 24,500 $90,440 The cost driver volume for each product was as follows. Cost Drivers...
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $85,150 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost Number of requisitions 1. 2. 3. Materials handling Machine setups Quality inspections Number of setups Number of inspections $33,495 27,645 24,010 $85,150 The cost driver volume for each product was as follows. Cost Drivers...
Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $88,560 were estimated. An analysis of estimated overhead costs reveals the following activities. 1. Activities Materials handling Machine setups Quality inspections Cost Drivers Number of requisitions Number of setups Number of inspections 2. 3. Total Cost $38,850 26,190 23,520 $88,560 The cost driver volume for each product was as follows. Cost Drivers...
Exercise 17-9 Air United, the manufactures to products missile range instruments and space pressure gauges. During April, 51 range instruments and 300 pressure gauges were produced, an overhead costs of 5 of stated overhead costs reveals the following activities 0 were e Anna 1. 2. 3. Materials handing Machine setups Quality inspection Cost Drivers Nu ber of requisitions Number of Number of inspections Total Cost $37.800 20.320 21.450 $87,070 The cost driver volume for each product was as follows Cost...
Specifically part B
Exercise 4-9 a-b (Video Air United, Inc. manufactures two products: missile range instruments and space pressure gauges. During April, 50 range instruments and 200 pressure gauges were produced, and overhead costs of $72,750 were estimated. An analysis of estimated overhead costs reveals the following activities. Activities Cost Drivers Total Cost 1. Materials handling 2. Machine setups 3. Quality inspections Number of requisitions Number of setups Number of inspections $30,000 23,750 19,000 $72,750 The cost driver volume for...
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