Trente Corp has identified two activities in its activity based costing system: setups and production. The...
Trente Corp has identified two activities in its activity based costing system: setups and production. The activity overhead rates for these two activities are $321 per setup and $1.31 per direct labor hour, respectively. To make product X5, Trente incurred $623 in direct materials costs, $124 in direct labor costs, and used 3 setups and 29 direct labor hours. The total overhead assigned to product X5 would be:
Homework Answers
Total overhead Assigned to Product X5
Setup Cost = 3*321 = $ 963
Production Cost = 1.31 *29 = $ 37.99
Overhead Assigned = 963+37.99 = $1000.99 (or) $1001 (Answer)
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Trente Corp has identified two activities in its activity based
costing system: setups and production. The...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 10 per direct labor-hour $ per machine-hour $ 40 per setup $ 160 per order $ 130 per shipment 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 200...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 9 per direct labor-hour $ 4 per machine-hour $ 40 per setup $ 160 per order $ 125 per shipment $ 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the Following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 10 per direct labor-hour $ 4 per machine-hour $ 45 per setup $ 160 per order $ 130 per shipment $ 750 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 8 per direct labor-hour $ 2 per machine-hour $ 45 per setup $ 160 per order $ 115 per shipment $ 900 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pcols and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $ 9.00 per direct labor-hour $4.00 per machine-hour $45.00 per setup $ 160.00 per order $ 115.00 per shipment Machine setups Production orders Shipments Product sustaining 875.00 per product Activity data have been supplied for the following two products: Total Expected K425 M67 Number of units produced per...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pcols and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $ 9.00 per direct labor-hour $4.00 per machine-hour $45.00 per setup $ 160.00 per order $ 115.00 per shipment Machine setups Production orders Shipments Product sustaining 875.00 per product Activity data have been supplied for the following two products: Total Expected K425 M67 Number of units produced per...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setup Production orders Shipments Product sustaining Activity Rates $ 6 per direct labor-hour $ 4 per machine-hour $ 50 per setup $ 90 per order $ 14 per shipment $ 840 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
3 Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains...
3
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 5 per machine-hour $ 40 per setup $ 160 per order $ 125 per shipment $ 825 per product Activity data have been supplied for the following two products: Total Expected Activity...
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...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 5 per machine-hour $ 35 per setup $ 160 per order $ 125 per shipment $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 10 per direct labor-hour $ per machine-hour $ 40 per setup $ 160 per order $ 130 per shipment 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425 M67 200...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 9 per direct labor-hour $ 4 per machine-hour $ 40 per setup $ 160 per order $ 125 per shipment $ 775 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the Following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 10 per direct labor-hour $ 4 per machine-hour $ 45 per setup $ 160 per order $ 130 per shipment $ 750 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 8 per direct labor-hour $ 2 per machine-hour $ 45 per setup $ 160 per order $ 115 per shipment $ 900 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pcols and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $ 9.00 per direct labor-hour $4.00 per machine-hour $45.00 per setup $ 160.00 per order $ 115.00 per shipment Machine setups Production orders Shipments Product sustaining 875.00 per product Activity data have been supplied for the following two products: Total Expected K425 M67 Number of units produced per...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pcols and activity rates: Activity Cost Pool Supporting direct labor Activity Rates $ 9.00 per direct labor-hour $4.00 per machine-hour $45.00 per setup $ 160.00 per order $ 115.00 per shipment Machine setups Production orders Shipments Product sustaining 875.00 per product Activity data have been supplied for the following two products: Total Expected K425 M67 Number of units produced per...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setup Production orders Shipments Product sustaining Activity Rates $ 6 per direct labor-hour $ 4 per machine-hour $ 50 per setup $ 90 per order $ 14 per shipment $ 840 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
3
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 5 per machine-hour $ 40 per setup $ 160 per order $ 125 per shipment $ 825 per product Activity data have been supplied for the following two products: Total Expected Activity...
Klumper Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Supporting direct labor Machine processing Machine setups Production orders Shipments Product sustaining Activity Rates $ 7 per direct labor-hour $ 5 per machine-hour $ 35 per setup $ 160 per order $ 125 per shipment $ 800 per product Activity data have been supplied for the following two products: Total Expected Activity K425...
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