Colonial Company manufactures decorative wall clocks and uses activity-based costing. Each clock consists of 20 separate...
Colonial Company manufactures decorative wall clocks and uses
activity-based costing. Each clock consists of 20 separate parts
totaling $95 in direct materials, and requires 2.5 hours of machine
time to produce. Additional information is as follows:
| Activity | Allocation Base | Cost Allocation Rate | ||
| Materials handling | Number of parts | $ | 0.08 | |
| Machining | Machine hours | 7.20 | ||
| Assembling | Number of parts | 0.35 | ||
| Packaging | Number of finished clocks | 2.70 | ||
What is the cost of materials handling per clock?
Multiple Choice
-
$0.08.
-
$1.60.
-
$6.00.
-
$5.00.
-
$7.20.
Homework Answers
Cost of materials handling per clock = $0.08 per part * 20 parts per clock
= $1.6
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