Homework Answers
Activity rate for inspection cost pool = Estimated overhead cost / Volume of cost driver = $ 200,000 / ( 700 + 1,300) = $ 100 per inspection
Inspection cost to be assigned to throw rugs = $ 100 x 700 = $ 70,000
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One of Matheny Company's activity cost pools is inspecting, with estimated overhead of $200,000. Matheny produces...
Unleash the Beast/ fova If 150,000 units are started into production le 50,000 units are in...
Unleash the Beast/ fova If 150,000 units are started into production le 50,000 units are in process at the end of the per transferred out? a. 150.000 D50,000 G100,000 d. 200.000 The following information is available oduction there was no bening was in FBESS period, how many units were complete 40.000, direct labor $180.000 manufacturing produced, 5,000 units; units sold, A. this job is a $60,000 b. $390,000 $78,000 d. $312,000 available for completa Jon po 403 Dit morale Waguring...
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
Multiple Choice Question 80 One of Stine Company's activity cost pools is machine setups, with estimated...
Multiple Choice Question 80 One of Stine Company's activity cost pools is machine setups, with estimated overhead of $600000. Stine produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? $360000 5600000 $240000 $300000 Click if you would like to Show Work for this question Open Show Work
CR Co. has identified an activity cost pool to which it has allocated estimated overhead of...
CR Co. has identified an activity cost pool to which it has allocated estimated overhead of $2,000,000. It has determined the estimated use of cost drivers for that activity to be 200,000 inspections. Product Widgets require 50,000 inspections, Product Gadgets 30,000 inspections, and Product Targets 20,000 inspections. The overhead assigned to each product is
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's...
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's overhead costs have already been allocated to these cost pools as follows: Fabricating Setting Up Other $13,800 $39,900 $20,300 Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following...
For its inspecting cost pool, Ellsworth, Inc. expected overhead cost of $400,000 and 4,000 inspections. The...
For its inspecting cost pool, Ellsworth, Inc. expected overhead cost of $400,000 and 4,000 inspections. The actual overhead cost for that cost pool was $480,000 for 5,000 inspections. The activity-based overhead rate used to assign the costs of the inspecting cost pool to products is $120 per inspection. $80 per inspection. $96 per inspection. $100 per inspection.
Meester Corporation has an activity-based costing system with three activity cost pools--Machining. Order Filling, and Other....
Meester Corporation has an activity-based costing system with three activity cost pools--Machining. Order Filling, and Other. In the first stage alocations, costs in the two consumption. Data used in the first stage allocations follow accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource Overhead costs: Equipment depreciation $79,800 $ 4,900 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling Other Equipment depreciation Supervisory expense 0.40 0.40 0.30 0.20...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources. Equipment depreciation (total) $ 35,600 Indirect labor (total) $ 7,350 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting Up Other Equipment depreciation 0.20 0.50 0.30 Indirect labor 0.30 0.30 0.40 Costs in the Machining cost pool...
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers....
The controller for Tulsa Medical Supply Company has established the following activity cost pools and cost drivers. Activity Cost Pool Budgeted Overhead Cost Cost Driver Budgeted Level for Cost Driver Pool Rate Machine setups $ 250,000 Number of setups 125 $ 2,000 per setup Material handling 75,000 Weight of raw material 37,500 lb. $ 2 per pound Hazardous waste control 25,000 Weight of hazardous chemicals used 5,000 lb. $ 5 per pound Quality control 75,000 Number of inspections 1,000 $...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources Equipment depreciation (total) Indirect labor (total) $32,300 $7.250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting up Equipment depreciation ceciation 0.50 0.30 0.30 Indirect labor other 0.30 0.20 Costs in the Machining cost pool are assigned...
Unleash the Beast/ fova If 150,000 units are started into production le 50,000 units are in process at the end of the per transferred out? a. 150.000 D50,000 G100,000 d. 200.000 The following information is available oduction there was no bening was in FBESS period, how many units were complete 40.000, direct labor $180.000 manufacturing produced, 5,000 units; units sold, A. this job is a $60,000 b. $390,000 $78,000 d. $312,000 available for completa Jon po 403 Dit morale Waguring...
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
Multiple Choice Question 80 One of Stine Company's activity cost pools is machine setups, with estimated overhead of $600000. Stine produces sparklers (400 setups) and lighters (600 setups). How much of the machine setup cost pool should be assigned to sparklers? $360000 5600000 $240000 $300000 Click if you would like to Show Work for this question Open Show Work
Sukhu Corporation's activity-based costing system has three activity cost pools--Fabricating, Setting Up, and other. The company's overhead costs have already been allocated to these cost pools as follows: Fabricating Setting Up Other $13,800 $39,900 $20,300 Costs in the Fabricating cost pool are assigned to products based on machine-hours (MHs) and costs in the Setting Up cost pool are assigned to products based on the number of batches. Costs in the Other cost pool are not assigned to products. The following...
Meester Corporation has an activity-based costing system with three activity cost pools--Machining. Order Filling, and Other. In the first stage alocations, costs in the two consumption. Data used in the first stage allocations follow accounts, equipment depreciation and supervisory expense, are allocated to three activity cost pools based on resource Overhead costs: Equipment depreciation $79,800 $ 4,900 Distribution of Resource Consumption Across Activity Cost Pools: Activity Cost Pools Machining Order Filling Other Equipment depreciation Supervisory expense 0.40 0.40 0.30 0.20...
Howell Corporation's activity-based costing system has three activity cost pools--Machining, Setting Up, and Other. The company's overhead costs, which consist of equipment depreciation and indirect labor, are allocated to the cost pools in proportion to the activity cost pools' consumption of resources Equipment depreciation (total) Indirect labor (total) $32,300 $7.250 Distribution of Resource Consumption Across Activity Cost Pools Machining Setting up Equipment depreciation ceciation 0.50 0.30 0.30 Indirect labor other 0.30 0.20 Costs in the Machining cost pool are assigned...
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