Homework Answers
calculate manufacturing overhead allocated
| Machine setup (600000/12000*7) | 350 |
| Machine operation (500000/10000*5) | 250 |
| Inspections (120000/2000*8) | 480 |
| Total | 1080 |
So answer is a) $1080.00
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Activity cost pool Machine setup Machine operation Inspections Esimated acivity costs $600,000 $500,000 $120.000 Estimated Allocation...
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...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup $600,000 12,000 setup hours Material handling 120,000 2,000 material moves Machine operation 500,000 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup $720,000 12,000 setup hours Material handling 120,000 3,000 material moves Machine operation 680,000 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts...
CLICK HERE TO REVIEW LEARNING OBIECTIVES QUESTION 6 Not complete Marked out of 16.00 Flag question...
CLICK HERE TO REVIEW LEARNING OBIECTIVES QUESTION 6 Not complete Marked out of 16.00 Flag question Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Material handling Machine operation $624,000 12,000 setup hours 144,000 2,000 material moves 10,000 machine hours The following data are for the production of single batches of two...
If you could please explain how you get the answers it would really help me E5-4B....
If you could please explain how you get the answers it would
really help me
E5-4B. Stage Two ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: LO2 Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Materials handling Machine operation $720,000 120,000 12,000 setup hours 3,000 tons of materials 10,000 machine hours 680,000 The following data are for the production of...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup $720,000 12,000 setup hours Material handling 120,000 3,000 material moves Machine operation 680,000 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing activities and cost drivers have been identified: Activity Machine setup Machining Polishing Quality control Facility-level costs Total overhead costs Estimated OH Costs $180,000 $1,050,000 $100,000 $320,000 $150,000 $1,800,000 Esimated amount of allocation base 2,000 setups 12,000 machine hours 5,000 polishing cloths 4,000 test runs 50,000 DL hours The job cost record for Job #804 revealed the following Direct material costs: $1,250 Direct labor 12...
Activity Cost Pool Activity Rate Labor-related per DLH Machine-related per MH Machine setups per setup Production...
Activity Cost Pool Activity Rate Labor-related per DLH Machine-related per MH Machine setups per setup Production orders per order Product testing per test Packaging per package General factory per DLH 2. Required information [The following information applies to the questions displayed below.] Rustafson Corporation is a diversified manufacturer of consumer goods. The company's activity-based costing system has the following seven activity cost pools: Activity Cost Pool Estimated Overhead Cost Expected Activity Labor-related $ 19,600 10,000 direct labor-hours Machine-related $ 7,000...
The following estimated overhead cost information is available for NOP Corporation: Activity Alloc
The following estimated overhead cost information is available for NOP Corporation: Activity Allocation Base OH Cost Purchasing # of Purchase Orders $600,000 Receiving # of Shipments $50,000 Machine Set-Ups # of Setups $240,000 Quality Control # of Inspections $160,000 During the year, 60,000 purchase orders were issued; 25,000 shipments were received; 2000 setups; and 10,000 inspections. Direct labor hours were 20,000. A. What is the cost allocation for each of the four activities using ABC costing? B. What is the Predetermined overhead rate using the traditional method (direct...
Total Budgeted Manufacturing Overhead Cost Allocation Base Activity Materials handling $ Number of parts Machine setup...
Total Budgeted Manufacturing Overhead Cost Allocation Base Activity Materials handling $ Number of parts Machine setup 13,200 5,200 49,500 86,100 Number of setups Number of parts Insertion of parts Finishing Finishing direct labor hours $ 154,000 Total Print Done * Requirements 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Print Done Farragut Company...
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...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup $720,000 12,000 setup hours Material handling 120,000 3,000 material moves Machine operation 680,000 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts...
CLICK HERE TO REVIEW LEARNING OBIECTIVES QUESTION 6 Not complete Marked out of 16.00 Flag question Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Material handling Machine operation $624,000 12,000 setup hours 144,000 2,000 material moves 10,000 machine hours The following data are for the production of single batches of two...
If you could please explain how you get the answers it would
really help me
E5-4B. Stage Two ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: LO2 Activity Cost Pool Activity Cost Activity Cost Driver Machine setup Materials handling Machine operation $720,000 120,000 12,000 setup hours 3,000 tons of materials 10,000 machine hours 680,000 The following data are for the production of...
Two-Stage ABC for Manufacturing Detroit Foundry, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost driver levels for the year: Activity Cost Pool Activity Cost Activity Cost Driver Machine setup $720,000 12,000 setup hours Material handling 120,000 3,000 material moves Machine operation 680,000 10,000 machine hours The following data are for the production of single batches of two products, C23 Cams and U2 Shafts during the month of August: C23 Cams U2 Shafts...
Cornwell Products has adopted an ABC costing system to allocate its overhead costs. The following manufacturing activities and cost drivers have been identified: Activity Machine setup Machining Polishing Quality control Facility-level costs Total overhead costs Estimated OH Costs $180,000 $1,050,000 $100,000 $320,000 $150,000 $1,800,000 Esimated amount of allocation base 2,000 setups 12,000 machine hours 5,000 polishing cloths 4,000 test runs 50,000 DL hours The job cost record for Job #804 revealed the following Direct material costs: $1,250 Direct labor 12...
Total Budgeted Manufacturing Overhead Cost Allocation Base Activity Materials handling $ Number of parts Machine setup 13,200 5,200 49,500 86,100 Number of setups Number of parts Insertion of parts Finishing Finishing direct labor hours $ 154,000 Total Print Done * Requirements 1. Compute the cost allocation rate for each activity. 2. Compute the manufacturing overhead cost that should be assigned to Job 420. 3. Compute the manufacturing overhead cost that should be assigned to Job 510 Print Done Farragut Company...
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