An activity that has a direct cause-effect relationship with the resources consumed is a(n) cost pool....
An activity that has a direct cause-effect relationship with the
resources consumed is a(n)
| cost pool. |
| cost driver. |
| overhead rate. |
| product activity. |
Homework Answers
|
Option B is the answer (Cost driver) |
||
| Cost driver is the trigger which results in the increase of overall cost. It has the direct cause effect relation with the resources consumed. |
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An activity that has a direct cause-effect relationship with the
resources consumed is a(n)
cost pool....
ection 1 .) An activity that has a direct cause-effect relationship with the resources consumed is...
ection 1 .) An activity that has a direct cause-effect relationship with the resources consumed is (1 afn) O cost driver overhead rate. cost pool. product activity 2) Just-in-time strives to eliminate inventories by using a pull approach (1pts) True False 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions, 300 setups, and 400 inspections. Instructions (3 notermine the nuachandrata for each activity Type here to search hp
in an activity cost pool : 1- the costs have a cause- and -effect relationship with...
in an activity cost pool : 1- the costs have a cause- and -effect relationship with the cost allocation base for that activity 2- each pool pertains to a narrow and focused set of costs 3- costs in a cost pool can always be traced directly to products 4- a measure of the activity performed serves as the cost allocation base 5-the cost pools are homogeneous over time
(Ch4) The first step in activity-based costing is to Select one: O a. assign manufacturing overhead...
(Ch4) The first step in activity-based costing is to Select one: O a. assign manufacturing overhead costs for each activity cost pool to products. O b. identify and classify the major activities involved in the manufacture of specific products. O c. calculate the activity-based overhead rate per cost driver. O d. identify the cost driver that has a strong correlation to the activity cost pool. (Ch4) Activity-based costing Select one: O a. uses direct labor as its primary cost driver....
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu...
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu Section 1 1) An activity that has a direct cause effect relationship with the resources consumed is (1 pts) a(n) cost driver overhead rate. 0 cost pool product activity. 2) Just-in-time strives to eliminate inventories by using a pull approach. (1 pts) True 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions....
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost...
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Required Information Gable Company uses three activity cost pools. Each pool has a cost driver. Information...
Required Information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $312,eee Number of machine hours 73,6ee Number of design hours 71,600 Number of batches Estimated Cost Driver Be, evo 8, eae 500 Re 1. red: mpute the activity rate for each activity. 1551fy each activity as facility, product, batch, or unit level. complete this question by...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $183,300 Number of machine hours 47,725 Number of design hours 71,150 Number of batches Estimated Cost Driver 61,100 5,750 500 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total cost of Pool Cost Driver $454,960 Number of machine hours 100,000 Number of design hours 72,720 Number of batches Estimated Cost Driver 96,800 10,000 505 E4-4 (Algo) Assigning Costs Using Activity Rates (LO 4-4) Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $250,680 Number of machine hours 61,600 Number of design hours 66,402 Number of batches Estimated Cost Driver 71,600 7, eee 465 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine hours Number of design hours Number...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $280, 460 Number of machine hours 67,500 Number of design hours 70,070 Number of batches Estimated Cost Driver 75,800 7,500 490 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine hours Number of design hours Number...
ection 1 .) An activity that has a direct cause-effect relationship with the resources consumed is (1 afn) O cost driver overhead rate. cost pool. product activity 2) Just-in-time strives to eliminate inventories by using a pull approach (1pts) True False 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions, 300 setups, and 400 inspections. Instructions (3 notermine the nuachandrata for each activity Type here to search hp
(Ch4) The first step in activity-based costing is to Select one: O a. assign manufacturing overhead costs for each activity cost pool to products. O b. identify and classify the major activities involved in the manufacture of specific products. O c. calculate the activity-based overhead rate per cost driver. O d. identify the cost driver that has a strong correlation to the activity cost pool. (Ch4) Activity-based costing Select one: O a. uses direct labor as its primary cost driver....
(6pts) 7) To find the largest value in a cell range, use the function. NOL meu Section 1 1) An activity that has a direct cause effect relationship with the resources consumed is (1 pts) a(n) cost driver overhead rate. 0 cost pool product activity. 2) Just-in-time strives to eliminate inventories by using a pull approach. (1 pts) True 3) For the nubby tires, the company has 400 requisitions. 200 setups, and 200 inspections. The smooth tires require 600 requisitions....
Question 9 Match the following statements to the appropriate terms. Allocates overhead to multiple activity cost pools, then assigns the activity cost pools to products. An activity that has a direct cause-effect relationship with the resources consumed. Increases the worth of a product or service to customers. Should be eliminated or reduced. Plant management. Engineering changes. Equipment setups. Assembling. Primary objective is to eliminate all manufacturing inventories. Used to initiate manufacturing under JIT processing. Activity-based costing Product-level activity Unit-level activity...
Required Information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $312,eee Number of machine hours 73,6ee Number of design hours 71,600 Number of batches Estimated Cost Driver Be, evo 8, eae 500 Re 1. red: mpute the activity rate for each activity. 1551fy each activity as facility, product, batch, or unit level. complete this question by...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $183,300 Number of machine hours 47,725 Number of design hours 71,150 Number of batches Estimated Cost Driver 61,100 5,750 500 Required: 1. Compute the activity rate for each activity. 2. Classify each activity as facility, product, batch, or unit level. Complete this question by entering your...
Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total cost of Pool Cost Driver $454,960 Number of machine hours 100,000 Number of design hours 72,720 Number of batches Estimated Cost Driver 96,800 10,000 505 E4-4 (Algo) Assigning Costs Using Activity Rates (LO 4-4) Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $250,680 Number of machine hours 61,600 Number of design hours 66,402 Number of batches Estimated Cost Driver 71,600 7, eee 465 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine hours Number of design hours Number...
Required information Gable Company uses three activity cost pools. Each pool has a cost driver. Information for Gable Company follows: Activity Cost Pools Machining Designing costs Setup costs Total Cost of Pool Cost Driver $280, 460 Number of machine hours 67,500 Number of design hours 70,070 Number of batches Estimated Cost Driver 75,800 7,500 490 Suppose that Gable Company manufactures three products, A, B, and C. Information about these products follows: Number of machine hours Number of design hours Number...
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