Homework Answers
| part-a Computation of Overhead Cost per Unit- Deluxe Text books | |||
| Deluxe | Moderate | Economy | |
| No. of Machine Hour (a) | 360 | 1080 | 1440 |
| Perdermined Overhead per Machine Hour (b) | 660 | 660 | 660 |
| Applied Overhead (c=Axb) | $237,600.00 | $712,800.00 | $950,400.00 |
| No. of book (d) | 60000 | 180000 | 240000 |
| Overhead Cost per book (c/d) | $3.96 | $3.96 | $3.96 |
| Working Note-1 | |
| PREDETEMINEd OVERHEAD RATE = ESTIMATED OVERHEAD/Estimated Machine hour | |
| =(360000+700000+180000+660800)/(360+1080+1440)= $660 per Machine hour |
| part-b Computation of Overhead Cost per Unit- Deluxe Text books | |||
| Deluxe | Moderate | Economy | |
| Machien Maintainance | $45,000.00 | $135,000.00 | $180,000.00 |
| (360*125) | (1080*125) | (1440*125) | |
| Setup | $350,000.00 | $200,000.00 | $150,000.00 |
| (35*10000) | (20*10000) | (15*10000) | |
| Packing | $20,000.00 | $60,000.00 | $100,000.00 |
| (10*2000) | (30*2000) | (50*2000) | |
| Photo Devlopment | $313,600.00 | $201,600.00 | $145,600.00 |
| (5600*56) | (3600*56) | (2600*56) | |
| Applied Overhead (d=a+b+c) | $728,600.00 | $596,600.00 | $575,600.00 |
| No. of book (e ) | 60000 | 180000 | 240000 |
| Overhead Cost per book (d/e) | $12.14 | $3.31 | $2.40 |
| Working NoteCOMPUTE THE ABC INDIRECT MANUFACTURING COST PER UNIT FOR EACH PRODUCT : | ||||||
| ACTIVITY | OVERHEAD COST | / | No. of Activity | = | ACTIVITY RATE | |
| Machien Maintainance | $360,000.00 | / | 2880 | $125.00 | Per Machien Hour | |
| Setup | $700,000.00 | / | 70 | = | $10,000.00 | Per Setup |
| Packing | $180,000.00 | / | 90 | = | $2,000.00 | Per Cartons |
| Photo Devlopment | $660,800.00 | / | 11800 | $56.00 | Per Pictures | |
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Activity (Cost) Machine maintenance ($360,000) Setups ($700,000) Packing ($180,000) Photo development ($660,800) Cost Driver Number of...
Type of Textbook Activity (Cost) Cost Driver Deluxe Moderate Economy Machine maintenance ($360,000) Number of machine...
Type of Textbook Activity (Cost) Cost Driver Deluxe Moderate Economy Machine maintenance ($360,000) Number of machine hours 300 900 1,200 Setups ($630,000) Number of setups 30 15 5 Packing ($162,000) Number of cartons 10 30 50 Photo development ($504,000) Number of pictures 4,000 2,000 1,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and many photographs. Moderate texts are made with three colors and a few photographs spread throughout each chapter. Economy books are printed in black and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($770,000) Packing ($194,000) Photo development ($606, 800) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 330 990 1,320 20 30 3,700 1,700 2,000 15 50 Deluxe textbooks are made with the finest-quality paper, six-color printing, and many...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($630,000) Packing ($166,000) Photo development ($574,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 250 750 1,000 35 20 15 10 30 60 4,400 2,400 1,400 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Type of Textbook Activity (Cost) Cost Driver Deluxe Moderate Economy Machine maintenance ($360,000) Number of machine hours 300 900 1,200 Setups ($620,000) Number of setups 35 10 5 Packing ($164,000) Number of cartons 10 40 50 Photo development ($560,000) Number of pictures 4,000 2,000 1,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($360,000) Setups ($630,000) Packing ($162,000) Photo development ($504,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 300 900 1,200 15 10 30 4,000 2,000 1,000 30 50 Deluxe textbooks are made with the finest-quality paper, six-color printing, and many...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes Type of Textbook Activity (Cost) Machine maintenance ($300,000) Setups ($600,000) Packing ($160,000) Photo development ($644,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures 300 30 15 4,000 Deluxe Moderate Economy 1,200 20 50 1,000 900 25 35 2,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Type of Textbook Activity (Cost) Cost Driver Deluxe Moderate Economy Machine maintenance ($310,000) Number of machine hours 250 750 1,000 Setups ($610,000) Number of setups 35 10 5 Packing ($162,000) Number of cartons 20 40 60 Photo development ($378,000) Number of pictures 4,000 1,000 1,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Type of Textbook Activity (Cost) Cost Driver Deluxe Moderate Economy Machine maintenance ($380,000) Number of machine hours 380 1,140 1,520 Setups ($680,000) Number of setups 25 15 10 Packing ($176,000) Number of cartons 15 35 50 Photo development ($740,000) Number of pictures 5,000 3,000 2,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
rosalind franklin - Goog- work #5 Homework #5 Electronics Produ Help Save & Exit Submit Check...
rosalind franklin - Goog- work #5 Homework #5 Electronics Produ Help Save & Exit Submit Check my work Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($770,000) Packing ($ 194,000) Photo development ($606, 800) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Hoderate Economy 330 990 1,320...
28. One of Stine Company's activity cost pools is machine setups, with estimated overhead of $360,000. Stine produc...
28. One of Stine Company's activity cost pools is machine setups, with estimated overhead of $360,000. Stine produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? A) $360,000 B) $144,000 C) $180,000 D) $216,000
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($770,000) Packing ($194,000) Photo development ($606, 800) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 330 990 1,320 20 30 3,700 1,700 2,000 15 50 Deluxe textbooks are made with the finest-quality paper, six-color printing, and many...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($630,000) Packing ($166,000) Photo development ($574,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 250 750 1,000 35 20 15 10 30 60 4,400 2,400 1,400 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($360,000) Setups ($630,000) Packing ($162,000) Photo development ($504,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Moderate Economy 300 900 1,200 15 10 30 4,000 2,000 1,000 30 50 Deluxe textbooks are made with the finest-quality paper, six-color printing, and many...
Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes Type of Textbook Activity (Cost) Machine maintenance ($300,000) Setups ($600,000) Packing ($160,000) Photo development ($644,000) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures 300 30 15 4,000 Deluxe Moderate Economy 1,200 20 50 1,000 900 25 35 2,000 Deluxe textbooks are made with the finest-quality paper, six-color printing, and...
rosalind franklin - Goog- work #5 Homework #5 Electronics Produ Help Save & Exit Submit Check my work Sheridan Publishing identified the following overhead activities, their respective costs, and their cost drivers to produce the three types of textbooks the company publishes. Activity (Cost) Machine maintenance ($330,000) Setups ($770,000) Packing ($ 194,000) Photo development ($606, 800) Cost Driver Number of machine hours Number of setups Number of cartons Number of pictures Type of Textbook Deluxe Hoderate Economy 330 990 1,320...
28. One of Stine Company's activity cost pools is machine setups, with estimated overhead of $360,000. Stine produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? A) $360,000 B) $144,000 C) $180,000 D) $216,000
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