Homework Answers
| Correct answer is: $59,976 | ||||
| Workings: | ||||
| MH | Batches | |||
| Product 06 | 16,800 | 800 | ||
| Product 07 | 970 | 660 | ||
| 17,770 | 1,460 | |||
| Predetermined overhead cost | ||||
| Processing | = | ($44400/17770) | = | $ 2.50 |
| Supervising | = | ($32800/1460) | = | $ 22.47 |
| Processing | = | $2.50 X 16800 | = | $ 42,000 |
| Supervising | = | $22.47 X 800 | = | $ 17,976 |
| Overhead cost assigned to Product 06 | = | $ 59,976 | ||
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TB MC Qu. 7-139 Wedd Corporation uses activity-based costing to assign ... Wedd Corporation uses activity-based...
View previous 1 TB MC Qu. 7-138 Wedd Corporation uses activity-based costing to assign ... 4...
View previous 1 TB MC Qu. 7-138 Wedd Corporation uses activity-based costing to assign ... 4 points Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $50,500; Supervising. $28,600; and Other, $24,700. Processing costs are assigned to products using machine hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead Costs to Products. Help Save & Exit Wedd...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead
Costs to Products.
Help Save & Exit Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $27,200; Supervising $9,300; and Other, $9,500. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800: Supervising. $36,700; and Other, $26,600. Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: MHS (Processing) 17,700 640 18,340 Batches (Supervising) 1,690 Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $52,100; Supervising, $30,100; and Other, $18,600. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Processing) Batches (Supervising) Product O6 17,400 750 Product...
Help Save & ERS Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead...
Help Save & ERS Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing. $52,300; Supervising. $30,000; and Other, $26,000. Processing costs are assigned to products using machine- hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allo...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800; Supervising, $28,800; and Other, $24,100. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: MHs (Processing) Batches (Supervising) Product O6 10,600 1,670 Product...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been all...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,700, Supervising, $34,500; and Other, $22.400. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) 14,800 1,130...
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TB Problem Qu. 7-189 Groleau Corporation has an activity-based costing ... 8 10 points Groleau Corporation has an activity-based costing system with three activity cost pools--Processing, Setting Up, and other. The company's overhead costs, which consist of factory utilities and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Costs in the Processing cost pool are assigned to products based on machine-hours (MHS) and costs in the Setting Up cost pool...
View previous 1 TB MC Qu. 7-138 Wedd Corporation uses activity-based costing to assign ... 4 points Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $50,500; Supervising. $28,600; and Other, $24,700. Processing costs are assigned to products using machine hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool...
Wedd Corporation Uses Activity-Based Costing to Assign Overhead
Costs to Products.
Help Save & Exit Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $27,200; Supervising $9,300; and Other, $9,500. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $48,800: Supervising. $36,700; and Other, $26,600. Processing costs are assigned to products using machine-hours (MHS) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: MHS (Processing) 17,700 640 18,340 Batches (Supervising) 1,690 Product...
Help Save & ERS Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing. $52,300; Supervising. $30,000; and Other, $26,000. Processing costs are assigned to products using machine- hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7...
Wedd Corporation uses activity-based costing to assign overhead costs to products. Overhead costs have already been allocated to the company's three activity cost pools as follows: Processing, $51,700, Supervising, $34,500; and Other, $22.400. Processing costs are assigned to products using machine-hours (MHs) and Supervising costs are assigned to products using the number of batches. The costs in the Other activity cost pool are not assigned to products. Activity data appear below: Product 06 Product D7 Total MHs (Processing) 14,800 1,130...
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