Homework Answers
Solution
The correct answer is d) 52,08,000
| Activity rate: | ($) | ($) |
| Setting up machines | 2600 | =26,00,000/(600+400) |
| Machining | 108 | =54,00,000/(24000+26000) |
| Inspecting | 1320 | =19,80,000/(800+700) |
| Board 12 | ||
| Setting up machines | $15,60,000 | =600*2600 |
| Machining | $25,92,000 | =24000*108 |
| Inspecting | $10,56,000 | =800*1320 |
| Overhead applied to Board 12 | $52,08,000 |
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Dam on 9/21 Question 41 of 42 -/1 View Policies Current Attempt in Progress Zimmerman Company...
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Zimmerman Company manufactures two products, Board 12 and Case 165. Zimmerman's overhead costs consist of setting up machines, $2000000; machining, $4850000; and inspecting, $1500000. Information on the two products is: Board 12 15000 600 Direct labor hours Machine setups Machine hours Inspections Case 165 25000 400 26000 700 24000 800 Overhead applied to Case 165 using traditional costing using direct labor hours is $5218750. $4022000. $4393750. $3340000.
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QUESTION 1 Johnstone Company manufactures two products, Board 12 and Case 165. Johnstone's overhead costs consist of setting up machines, $1,200,000, machining $2,700,000; and inspecting, $900,000. Information on the two products is: Board 12 Case 165 Direct labor hours 15,000 25,000 Machine setups 600 400 Machine hours 24,000 26,000 Inspections 800 700 Overhead applied to Case 165 using activity based costing is $1,920,000 $2,304,000 $2,496,000. $3,000,000
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Zimmerman Company manufactures two products, Board 12 and Case 165. Zimmerman's overhead costs consist of setting up machines, $2000000; machining, $4850000; and inspecting, $1500000. Information on the two products is: Board 12 15000 600 Direct labor hours Machine setups Machine hours Inspections Case 165 25000 400 26000 700 24000 800 Overhead applied to Case 165 using traditional costing using direct labor hours is $5218750. $4022000. $4393750. $3340000.
Johnstone Company manufactures two products, Board 12 and Case 165. Johnstone's overhead costs consist of setting up machines, $1,600,000: machining $3,600,000; and inspecting, $1,200,000. Information on the two products is: Board 12 Case 165 Direct labor hours 15,000 25,000 Machine setups 600 400 Machine hours 24,000 26,000 Inspections 800 700 Using activity-based costing, the overhead rate for machining pool is: 1) $1,600 2) $150. 3) $72. 4) $138.5. Johnstone Company manufactures two products, Board 12 and Case 165. Johnstone's overhead...
QUESTION 1 Johnstone Company manufactures two products, Board 12 and Case 165. Johnstone's overhead costs consist of setting up machines, $1,200,000, machining $2,700,000; and inspecting, $900,000. Information on the two products is: Board 12 Case 165 Direct labor hours 15,000 25,000 Machine setups 600 400 Machine hours 24,000 26,000 Inspections 800 700 Overhead applied to Case 165 using activity based costing is $1,920,000 $2,304,000 $2,496,000. $3,000,000
QUESTION 1 Johnstone Company manufactures two products, Board 12 and Case 165. Johnstone's overhead costs consist of setting up machines, $1,200,000, machining, $2,700,000; and inspecting, $900,000. Information on the two products is: Board 12 Case 165 Direct labor hours 15,000 25,000 600 400 Machine setups Machine hours 24,000 26,000 Inspections 800 700 Overhead applied to Case 165 using activity based costing is $1,920,000 $2,304,000 $2,496,000. $3,000,000
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