Homework Answers
Activity cost allocation rate for mixing = Estimated overhead costs / Estimated activity
= $110,000 / 3,520
= $31.25 per batch
The answer is Option A.
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Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $251,000 2,000 batches Mixing measured by batches $111.000 2,960 batches Packaging measured by units $78,000 1.950.000 units Maintenance measured by # of setups $15,000 260 setups Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $253,000 1,840 batches Mixing measured by batches $117,000 2,080 batches Packaging measured by units $76,000 1,900,000 units Maintenance measured by # of setups $15,000 260 setups Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine...
s Question Help Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie...
s Question Help Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $259,000 2,800 batches Mixing measured by batches $116,000 2,320 batches OB. $4.66 per machine hour O C. $0.04 per unit OD. $50.00 per batch Click to select your answer. ? Packaging measured by units Maintenance measured by...
This Question: 1 pt 15 of 15 (14 completo) 500,000 Gwynnie Ple Company makes dessert ples...
This Question: 1 pt 15 of 15 (14 completo) 500,000 Gwynnie Ple Company makes dessert ples for national fast food chains. Gwynnie Ple Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $258,000 2,150 batches Maxing measured by batches $115,000 3,680 batches Packaging measured by units 2,150,000 units Maintenance measured by W of setups $15,000 200 setups Gwynnie Pie Company currently uses...
es re! Activities This Question: 1 pt 10 of 15 (10 complete) This Quiz: 15 pts...
es re! Activities This Question: 1 pt 10 of 15 (10 complete) This Quiz: 15 pts possible Question Help Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Estimated Overhead Costs Estimated Activity Material handling measured by batches $254,000 2,540 batches Mixing measured by batches $114,000 2,400 batches Packaging measured by units $78,000 1,950,000 units Maintenance measured by # of...
Vintage Fun reproduces old - fashioned style roller skates and skateboards. The annual production and sales...
Vintage Fun reproduces old - fashioned style roller skates and skateboards. The annual production and sales of roller skates is 900 units, while 1,700 skateboards are produced and sold. The company has traditionally used direct labor hours to allocate its overhead to products. Roller skates require 4.5 direct labor hours per unit, while skateboards require 3.25 direct labor hours per unit. The total estimated overhead for the period is $114,100. The company is looking at the possibility of changing to...
Activities Material handling measured by batches Mixing measured by batches Packaging measured by units Maintenance measured...
Activities Material handling measured by batches Mixing measured by batches Packaging measured by units Maintenance measured by # of setups Estimated Overhead Costs $259,000 $113,000 $84,000 $15,000 Estimated Activity 2,800 batches 2,260 batches 2,100,000 units 260 setups O A. $1,036.20 overcosted B. $50.01 overcosted O c. $57.69 undercosted Click to select your answer. Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine hours of 100,000 hours. The following information was gathered regarding Job 607: #...
Captain America makes dessert pie for large supermarket chains. The single serving pies are frozen and...
Captain America makes dessert pie for large supermarket chains. The single serving pies are frozen and can last in storage for months. Cost information on the pies is as follow: Ingredients used for pies $275,000 Wages used to make pies 120,000 Overhead of the factory-variable 65,000 -fixed 125,000 Office staff 75,000 Sales staff 150,000 Steve's Salary 70,000 Captain America made 500,000 pies this past year but only sold 450,000 to his customers. he sells them for $3 per pie.steve tells...
1.Abbe Company uses activity-based costing. The company has two products: A and B. The annual production...
1.Abbe Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A is 1,600 units and of Product B is 950 units. There are three activity cost pools, with estimated costs and expected activity as follows: Activity Cost Pools Estimated Overhead Cost Expected Activity Product A Product B Total Activity 1 $ 38,241 1,100 1,000 2,100 Activity 2 $ 58,551 2,100 800 2,900 Activity 3 $ 72,702 640 620 1,260 The...
7. A company has two products: Basic and Deluxe. It uses activity-based costing and has prepared...
7. A company has two products: Basic and Deluxe. It uses activity-based costing and has prepared the following analysis showing budgeted costs and activities. 16,000 units, Annual production of Basic is 28.00 Annual production of Deluxe is - 12,000 units. Product Basie Product Deluxe Total Activity Cost Pool Budgeted Overhead Cost $ 170,000 Machining 600 Machine hours 1400 Machine Hours 800 Machine Hours 600 setups 800 setups 1400 Setups S 145,000 Setups 450 Batches 1100 Batches 650 Batches $ 160,000...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $251,000 2,000 batches Mixing measured by batches $111.000 2,960 batches Packaging measured by units $78,000 1.950.000 units Maintenance measured by # of setups $15,000 260 setups Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine...
Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $253,000 1,840 batches Mixing measured by batches $117,000 2,080 batches Packaging measured by units $76,000 1,900,000 units Maintenance measured by # of setups $15,000 260 setups Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine...
s Question Help Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $259,000 2,800 batches Mixing measured by batches $116,000 2,320 batches OB. $4.66 per machine hour O C. $0.04 per unit OD. $50.00 per batch Click to select your answer. ? Packaging measured by units Maintenance measured by...
This Question: 1 pt 15 of 15 (14 completo) 500,000 Gwynnie Ple Company makes dessert ples for national fast food chains. Gwynnie Ple Company is considering using ABC costing and has the following activity cost pools and information available: Activities Estimated Overhead Costs Estimated Activity Material handling measured by batches $258,000 2,150 batches Maxing measured by batches $115,000 3,680 batches Packaging measured by units 2,150,000 units Maintenance measured by W of setups $15,000 200 setups Gwynnie Pie Company currently uses...
es re! Activities This Question: 1 pt 10 of 15 (10 complete) This Quiz: 15 pts possible Question Help Gwynnie Pie Company makes dessert pies for national fast food chains. Gwynnie Pie Company is considering using ABC costing and has the following activity cost pools and information available: Estimated Overhead Costs Estimated Activity Material handling measured by batches $254,000 2,540 batches Mixing measured by batches $114,000 2,400 batches Packaging measured by units $78,000 1,950,000 units Maintenance measured by # of...
Vintage Fun reproduces old - fashioned style roller skates and skateboards. The annual production and sales of roller skates is 900 units, while 1,700 skateboards are produced and sold. The company has traditionally used direct labor hours to allocate its overhead to products. Roller skates require 4.5 direct labor hours per unit, while skateboards require 3.25 direct labor hours per unit. The total estimated overhead for the period is $114,100. The company is looking at the possibility of changing to...
Activities Material handling measured by batches Mixing measured by batches Packaging measured by units Maintenance measured by # of setups Estimated Overhead Costs $259,000 $113,000 $84,000 $15,000 Estimated Activity 2,800 batches 2,260 batches 2,100,000 units 260 setups O A. $1,036.20 overcosted B. $50.01 overcosted O c. $57.69 undercosted Click to select your answer. Gwynnie Pie Company currently uses a plantwide overhead rate based on total estimated machine hours of 100,000 hours. The following information was gathered regarding Job 607: #...
7. A company has two products: Basic and Deluxe. It uses activity-based costing and has prepared the following analysis showing budgeted costs and activities. 16,000 units, Annual production of Basic is 28.00 Annual production of Deluxe is - 12,000 units. Product Basie Product Deluxe Total Activity Cost Pool Budgeted Overhead Cost $ 170,000 Machining 600 Machine hours 1400 Machine Hours 800 Machine Hours 600 setups 800 setups 1400 Setups S 145,000 Setups 450 Batches 1100 Batches 650 Batches $ 160,000...
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