Homework Answers
| Activity | Overhead Cost | Activity Driver | Overhead rate | |||||
| Machine Set Up | 205,900 | 2900 | # of setups | 71.00 | per set up | |||
| Machining | 265,100 | 24100 | Machine Hours | 11.00 | per Machine Hours | |||
| Inspecetion | 78,400 | 1600 | inspections | 49.00 | per inspection | |||
| Total | 549,400 |
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CALCULATOR PAINTER VERSION BACK NEXT Question 1 Morgana Company identifies three activities in its manufacturing process:...
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Es...
Morgana Company identifies three activities in its manufacturing
process: machine setups, machining, and inspections. Estimated
annual overhead cost for each activity is $205,900, $411,200, and
$58,500, respectively. The cost driver for each activity and the
expected annual usage are number of setups 2,900, machine hours
25,700, and number of inspections 1,300.
Compute the overhead rate for each activity.
Machine setups
$
per setup
Machining
$
per machine hour
Inspections
$
per inspection
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual...
Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $201,600, $413,100, and $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setups $ per setup Machining $ per machine hour Inspections $ per inspection
Question 1 --/1 View Policies Current Attempt in Progress Morgana Company identifies three activities in its...
Question 1 --/1 View Policies Current Attempt in Progress Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $177,500, $306,000, and $57,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,500, machine hours 25,500, and number of inspections 1,200. Compute the overhead rate for each activity. Machine setups $ per setup Machining per machine hour Inspections र per inspection...
+ BACK NEXT CALCULATOR PRINTER VERSION Do It Review 4-2- Flynn Industries has three activity cost...
+ BACK NEXT CALCULATOR PRINTER VERSION Do It Review 4-2- Flynn Industries has three activity cost pools and the products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cont drivers Estimated Use of Annual Overhead Data Cast Drivers per Product Estimated Estimated Use of Cost Product Product Activity Cost Pools...
CALCULATOR PRINTER VERSION 4 BACK Do It Review 4-2- Flynn Industries has three activity cost pools...
CALCULATOR PRINTER VERSION 4 BACK Do It Review 4-2- Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product 113 and 1,000 of Product AD908. Having Identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers Annual Overhead Data Activity Cost Pools Machine setup Machining Packing Cost Drivers Setups Machine hours Orders Estimated Overhead $27,000 98,800 31,500...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setupss Machining N8.sns Company identifestre ecthitr s oh asc manufe uring erocess: mactine sectuos, muchbnino, and inspections Ei bd anal veaheand olst for sc etivty 103016005413,100, and per setup per machine hour per inspection inspections Click if you would like to Show Work...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setupss Machining N8.sns Company identifestre ecthitr s oh asc manufe uring erocess: mactine sectuos, muchbnino, and inspections Ei bd anal veaheand olst for sc etivty 103016005413,100, and per setup per machine hour per inspection inspections Click if you would like to Show Work...
1. Milton Manufacturing has three departments (or activities) in its manufacturing process: machine setups, machining, and...
1. Milton Manufacturing has three departments (or activities) in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $80,000, 162,500, and $28,000, respectively. The expected annual use for each activity is 1,000 setups, 12,500 machine hours, and 875 inspections Compute the overhead rate for each activity Machine Setups Machinin Inspections 2. Wilson Bradley & Associates, a law firm, uses Activity Based Costing for assigning overhead costs. The following budgeted data for each of...
Potterii sells its products to large box stores and recently added a retail line of products...
Potterii sells its products to large box stores and recently added a retail line of products to sell directly to consumers. These estimates are to be used in determining the overhead allocation rate for ABC: Estimated Overhead Wholesale Retail Cost Pool Cost Driver Ordering Number of Orders Machine Setups Number of Setups Inspection Number of Inspections $117,000 51,000 64,000 200,000 60,000 220,000 120,000 50,000 14,000 What would be the predetermined rate for each cost pool? Round "Rate" answers to two...
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder...
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder and a deluxe tape rewinder). Information is presented below Cost Drivers by Product Budget Deluxe Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly inspection Cost Driver Orders Setups Machine hours Parts Inspections Est. Overhead $ 110,000 297.000 1,000,000 1,200,000 300,000 500 150.000 1.200,000 550 100.000 800.000 450 Instructions Compute the overhead cost per unit for each product Production is 700,000 units of...
Morgana Company identifies three activities in its manufacturing
process: machine setups, machining, and inspections. Estimated
annual overhead cost for each activity is $205,900, $411,200, and
$58,500, respectively. The cost driver for each activity and the
expected annual usage are number of setups 2,900, machine hours
25,700, and number of inspections 1,300.
Compute the overhead rate for each activity.
Machine setups
$
per setup
Machining
$
per machine hour
Inspections
$
per inspection
Question 1 --/1 View Policies Current Attempt in Progress Morgana Company identifies three activities in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $177,500, $306,000, and $57,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,500, machine hours 25,500, and number of inspections 1,200. Compute the overhead rate for each activity. Machine setups $ per setup Machining per machine hour Inspections र per inspection...
+ BACK NEXT CALCULATOR PRINTER VERSION Do It Review 4-2- Flynn Industries has three activity cost pools and the products. It estimates production 2,000 units of Product BC113 and 1,000 of Product AD908. Having identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cont drivers Estimated Use of Annual Overhead Data Cast Drivers per Product Estimated Estimated Use of Cost Product Product Activity Cost Pools...
CALCULATOR PRINTER VERSION 4 BACK Do It Review 4-2- Flynn Industries has three activity cost pools and two products. It estimates production 2,000 units of Product 113 and 1,000 of Product AD908. Having Identified its activity cost pools and the cost drivers for each pool, Flynn accumulated the following data relative to those activity cost pools and cost drivers Annual Overhead Data Activity Cost Pools Machine setup Machining Packing Cost Drivers Setups Machine hours Orders Estimated Overhead $27,000 98,800 31,500...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setupss Machining N8.sns Company identifestre ecthitr s oh asc manufe uring erocess: mactine sectuos, muchbnino, and inspections Ei bd anal veaheand olst for sc etivty 103016005413,100, and per setup per machine hour per inspection inspections Click if you would like to Show Work...
Brief Exercise 4-5 $84,600, respectively. The cost driver for each activity and the estimated annual usage are number of setups 2,800, machine hours 24,300, and number of inspections 1,800. Compute the overhead rate for each activity. Machine setupss Machining N8.sns Company identifestre ecthitr s oh asc manufe uring erocess: mactine sectuos, muchbnino, and inspections Ei bd anal veaheand olst for sc etivty 103016005413,100, and per setup per machine hour per inspection inspections Click if you would like to Show Work...
1. Milton Manufacturing has three departments (or activities) in its manufacturing process: machine setups, machining, and inspections. Estimated annual overhead cost for each activity is $80,000, 162,500, and $28,000, respectively. The expected annual use for each activity is 1,000 setups, 12,500 machine hours, and 875 inspections Compute the overhead rate for each activity Machine Setups Machinin Inspections 2. Wilson Bradley & Associates, a law firm, uses Activity Based Costing for assigning overhead costs. The following budgeted data for each of...
Potterii sells its products to large box stores and recently added a retail line of products to sell directly to consumers. These estimates are to be used in determining the overhead allocation rate for ABC: Estimated Overhead Wholesale Retail Cost Pool Cost Driver Ordering Number of Orders Machine Setups Number of Setups Inspection Number of Inspections $117,000 51,000 64,000 200,000 60,000 220,000 120,000 50,000 14,000 What would be the predetermined rate for each cost pool? Round "Rate" answers to two...
Question 33 Vid-saver, Inc. has five activity cost pools and two products (a budget tape rewinder and a deluxe tape rewinder). Information is presented below Cost Drivers by Product Budget Deluxe Activity Cost Pool Ordering and Receiving Machine Setup Machining Assembly inspection Cost Driver Orders Setups Machine hours Parts Inspections Est. Overhead $ 110,000 297.000 1,000,000 1,200,000 300,000 500 150.000 1.200,000 550 100.000 800.000 450 Instructions Compute the overhead cost per unit for each product Production is 700,000 units of...
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