Correct Option B i.e. $1,184.75 | ||||||
Job 607 | ||||||
Activity | Total OH Cost | Total Cost Driver | OH Rate | Driver Incurred | OH Cost assigned | |
MAT. Handling | 253,000 | 1840 | 137.50 | 5 | 687.5 | |
Mixing | 117,000 | 2080 | 56.25 | 5 | 281.25 | |
Packing | 76,000 | 1900000 | 0.04 | 5400 | 216 | |
Maintenance | 15,000 | 260 | 57.69 | 1 | 57.69 | |
Total | 461,000 | 1184.75 | ||||
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 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 $110,000 3,520 batches Packaging measured by units $72,000 1,800,000 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...
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: #...
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...
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...
Company used to consider a traditional costing system based on machine hours; however, they are currently considering an activity-based costing (ABC) approach. The company estimates the usage of 50,000 direct labor hours (DLH) and 30,000 machine hours (MH) for the current year. The following data show the budgeted manufacturing overhead (OH): Activity center Cost driver Activity driver Cost Material handling # of parts handled 6,000,000 $720,000 Setup costs # of setups 750 $315,000 Machining costs # of machine hours 30,000...
Hickory Company manufactures two products—14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups...
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...